<SEC-DOCUMENT>0001615774-18-013641.txt : 20181130
<SEC-HEADER>0001615774-18-013641.hdr.sgml : 20181130
<ACCEPTANCE-DATETIME>20181130154359
ACCESSION NUMBER:		0001615774-18-013641
CONFORMED SUBMISSION TYPE:	20-F/A
PUBLIC DOCUMENT COUNT:		159
CONFORMED PERIOD OF REPORT:	20180630
FILED AS OF DATE:		20181130
DATE AS OF CHANGE:		20181130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IRSA INVESTMENTS & REPRESENTATIONS INC
		CENTRAL INDEX KEY:			0000933267
		STANDARD INDUSTRIAL CLASSIFICATION:	LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		20-F/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13542
		FILM NUMBER:		181211186

	BUSINESS ADDRESS:	
		STREET 1:		BOLIVAR 108
		CITY:			BUENOS AIRES
		STATE:			C1
		ZIP:			C1066AAD
		BUSINESS PHONE:		00541143237449

	MAIL ADDRESS:	
		STREET 1:		BOLIVAR 108
		CITY:			BUENOS AIRES
		STATE:			C1
		ZIP:			C1066AAD
</SEC-HEADER>
<DOCUMENT>
<TYPE>20-F/A
<SEQUENCE>1
<FILENAME>s113205_20fa.htm
<DESCRIPTION>20-F/A
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><B>United
States</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Washington,
D.C. 20549</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Amendment
No. 1 to</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FORM
20-F/A</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#9744;&nbsp;REGISTRATION
STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<B>OR</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#9746;&nbsp;ANNUAL
REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<B>For
the fiscal year ended June 30, 2018</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<B>OR</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#9744;&nbsp;TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<B>OR</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&#9744;&nbsp;SHELL
COMPANY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES AND EXCHANGE ACT OF 1934</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date
of event requiring this shell company report ___</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>For
the transition period from ____ to ____</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Commission
file number 001-13542</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>IRSA
Inversiones y Representaciones</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>Sociedad
An&oacute;nima</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;(Exact
name of Registrant as specified in its charter)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IRSA
Investments and Representations Inc.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Translation
of registrant&rsquo;s name into English)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Republic
of Argentina</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Jurisdiction
of incorporation or organization)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Bolivar
108, (C1066AAD), Ciudad Aut&oacute;noma de Buenos Aires, Argentina</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address
of principal executive offices)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Matias
Ivan Gaivironsky - Chief Financial and Administrative Officer</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Tel
(+ 54 11) 4323 7449 ; ir@irsa.com.ar</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Moreno
877, 24th Floor, (C1091AAQ) Ciudad Aut&oacute;noma de Buenos Aires, Argentina</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Name,
Telephone, E-mail and/or Facsimile number and Address of Company Contact Person)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Securities
registered or to be registered pursuant to Section 12(b) of the Act:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Title
    of each class</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Name
    of each exchange on which registered</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 48%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Global
    Depositary Shares, each representing ten shares of Common Stock</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 48%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">New
    York Stock Exchange</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Common
    Stock, par value Ps.1.00 per share</B></FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">New
    York Stock Exchange*</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*
Not for trading, but only in connection with the registration of Global Depositary Shares pursuant to the requirements of the
Securities and Exchange Commission.&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Securities
registered or to be registered pursuant to Section 12(g) of the Act: None</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Securities
for which there is a reporting obligation pursuant to Section 15(d) of the Act: None</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
the number of outstanding shares of the issuer&rsquo;s common stock as of June 30, 2018: 578,676,460</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;
Yes &#9746; &nbsp;No</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant
to Section 13 or 15 (d) of the Securities Exchange Act of 1934.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&#9746;&nbsp;Yes
&#9744;&nbsp;No</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9746;
&nbsp;Yes &#9744; No&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding
12 months (or for such shorter period that the registrant was required to submit and post such files).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;&nbsp;Yes
&#9746; &nbsp;No</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition
of &dagger;&OElig;accelerated filer and large accelerated filer&dagger; in Rule 12b-2 of the Exchange Act. (check one):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Large
accelerated filer &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; &#9744; Accelerated filer &#9746;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Non-accelerated filer &#9744;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Emerging
growth company &#9744; &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;If
an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards&dagger;&nbsp;
provided pursuant to Section 13(a) of the Exchange Act. &#9744;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&dagger;&nbsp;The
term &ldquo;new or revised financial accounting standard&rdquo; refers to any update issued by the Financial Accounting Standards
Board to its Accounting Standards Codification after April 5, 2012.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 15%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">U.S.
    GAAP &#9744;</FONT></TD>
    <TD STYLE="width: 70%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">International
    Financial Reporting Standards as issued<BR>
    by the International Accounting Standards Board</FONT></TD>
    <TD STYLE="width: 15%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other
    &#9744;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
&ldquo;Other&rdquo; has been checked in response to the previous question, indicate by check mark which financial statement item
the registrant has elected to follow.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9744;
Item 17 &#9744; Item 18</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange
Act). &#9744; Yes &#9746; No</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(APPLICABLE
ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 23 or 15(d) of the
Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by the court.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Yes
&#9744; No &#9744;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Please
send copies of notices and communications from the Securities and Exchange Commission to:</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 49%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carolina
    Zang</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 49%; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">David
    Williams</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jaime
    Mercado</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Zang
    Vergel &amp; Vi&ntilde;es Abogados</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Simpson
    Thacher &amp; Bartlett LLP</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Florida
    537 piso 18&ordm;<BR>
    C1005AAK Buenos Aires, Argentina.</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">425
    Lexington Avenue<BR>
    New York, NY 10017</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Explanatory
Note</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IRSA
Inversiones y Representaciones S.A. (the &ldquo;Company&rdquo; ),&nbsp;is filing this Amendment No. 1 (&ldquo;Amendment No. 1&rdquo;
) to its Annual Report on Form 20-F for the fiscal year ended&nbsp; June 30, 2018 (the &ldquo;Form 20-F&rdquo; ), which was originally
filed with the Securities and Exchange Commission (the &ldquo;SEC&rdquo; ) on October 31, 2018, to submit the Interactive Data
File (as defined in Rule 11 of Regulation S-T) with respect to the audited consolidated financial statements of the Company for
that fiscal year as Exhibit 101 to the Form 20-F in accordance with Rule 405 of Regulation S-T.&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Except
as set forth above, this Amendment No. 1 does not modify or update any of the disclosures in the Form 20-F. This&nbsp; Amendment
No. 1 speaks as of the time of filing of the Form 20-F, does not reflect events that may have occurred subsequent to such filing,
and does not modify or update in any way disclosures made in the Form 20-F.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
19. Exhibits</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Documents
filed as exhibits to this Amendment No.1 to Form 20-F:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

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                                         No.&nbsp;&nbsp;</FONT></P></TD>
    <TD STYLE="width: 90%; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Description
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<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">101.INS*</FONT></TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SIGNATURES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
registrant hereby certifies that it meets all of the requirements for filing on Form 20-F/A and that it has duly caused and authorized
the undersigned to sign this annual report on its behalf.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
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    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IRSA
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    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
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    <TD STYLE="width: 3%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 37%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-bottom: white 2.25pt double; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date:
    November 29, 2018</FONT></TD>
    <TD STYLE="border-bottom: white 2.25pt double; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Matias I. Gaivironsky</FONT></TD>
    <TD STYLE="border-bottom: white 2.25pt double; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name
    Matias I. Gaivironsky</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
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    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title
    Chief Financial and Administrative Officer</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

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margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;activities of the Operations Center in Argentina are mainly developed through IRSA and its principal subsidiary, IRSA CP. Through&#13;IRSA and IRSA CP, the Group owns, manages and develops 16 shopping malls across Argentina, a portfolio of offices and other rental&#13;properties in the Autonomous City of Buenos Aires, and it entered the United States of America (&amp;#8220;USA&amp;#8221;) real estate&#13;market in 2009, mainly through the acquisition of non-controlling interests in office buildings and hotels. Through IRSA or IRSA&#13;CP, the Group also develops residential properties for sale. The Group, through IRSA, is also involved in the operation of branded&#13;hotels. The Group uses the term &amp;#8220;real estate&amp;#8221; indistinctively in these Consolidated Financial Statements to denote&#13;investment, development and/or trading properties activities. IRSA CP's shares are listed and traded on both the BASE (BYMA: IRCP)&#13;and the NASDAQ (NASDAQ: IRCP). IRSA's shares are listed on the BASE (Merval: IRSA) and the NYSE (NYSE: IRSA).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;activities of the Group&amp;#8217;s &amp;#8220;Others&amp;#8221; segment is carried out mainly through BHSA, where IRSA holds, directly or&#13;indirectly, a 29.91% interest (considering treasury shares). BHSA is a commercial bank offering a wide variety of banking activities&#13;and related financial services to individuals, small and medium-sized companies and large corporations, including the provision&#13;of mortgaged loans. BHSA's shares are listed on the BASE (BYMA: BHIP). Besides that, the Group has a 43.93% indirect equity interest&#13;in Tarshop, whose main activities are credit card and loan origination transactions.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Operations&#13;Center in Israel&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;activities of the Operations Center in Israel are mainly developed through the subsidiaries, IDBD and DIC, whose activities correspond&#13;to one of the Israeli largest and most diversified conglomerates, which are involved, through its subsidiaries and other investments,&#13;in several markets and industries, including real estate, supermarkets, insurance, telecommunications, etc.; controlling or holding&#13;an equity interest in companies such as Clal (Insurance), Cellcom (Telecommunications), Shufersal (Supermarkets), PBC (Real Estate),&#13;among others. IDBD is listed in the TASE as a &amp;#8220;Debentures Company&amp;#8221; in accordance with Israeli law, since some series&#13;of bonds are traded in that Exchange.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&#13;should be noted that the financial position of IDBD, DIC and its subsidiaries at the Operations Center in Israel does not affect&#13;the financial position of IRSA and subsidiaries at the Operations Center in Argentina.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;addition, the commitments and other covenants resulting from IDBD and DIC&amp;#8217;s financial debt do not have impact on IRSA since&#13;such indebtedness has no recourse against IRSA and it is not guaranteed by IRSA&amp;#8217;s assets.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory>
    <ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Significant judgments,&#13;    key assumptions and estimates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Not&#13;all of these significant accounting policies require management to make subjective or complex judgments or estimates. The following&#13;is intended to provide an understanding of the policies that management considers critical because of the level of complexity,&#13;judgment or estimations involved in their application and their impact on the Consolidated Financial Statements. These judgments&#13;involve assumptions or estimates in respect of future events. Actual results may differ from these estimates.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 18%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Estimation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 45%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Main&#13;    assumptions&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Potential&#13;    implications&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 16%; border-top: #000000 1px solid; border-right: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Main&#13;    references&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Business&#13;    combination - Allocation of acquisition prices&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assumptions&#13;    regarding timing, amount of future revenues and expenses, revenue growth, expected rate of return, economic conditions, discount&#13;    rate, among other.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Should&#13;    the assumptions made be inaccurate, the recognized combination may not be correct.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    4 &amp;#8211; Acquisitions and dispositions&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recoverable&#13;    amounts of cash-generating units (even those including goodwill), associates and assets.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;                                         discount rate and the expected growth rate before taxes in connection with cash-generating&#13;                                         units.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The discount rate and the expected growth&#13;        rate after taxes in connection with associates.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flows are determined based on past experiences&#13;        with the asset or with similar assets and in accordance with the Group&amp;#8217;s best factual assumption relative to the&#13;        economic conditions expected to prevail.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Business continuity of cash-generating units.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Appraisals made by external appraisers and&#13;        valuators with relation to the assets&amp;#8217; fair value, net of realization costs (including real estate assets).&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Should&#13;    any of the assumptions made be inaccurate, this could lead to differences in the recoverable values of cash-generating units.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;                                         11 &amp;#8211; Property, plant and equipment&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note 13 &amp;#8211; Intangible assets&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Control,&#13;    joint control or significant influence&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Judgment&#13;    relative to the determination that the Group holds an interest in the shares of investees (considering the existence and influence&#13;    of significant potential voting rights), its right to designate members in the executive management of such companies (usually&#13;    the Board of directors) based on the investees&amp;#8217; bylaws; the composition and the rights of other shareholders of such&#13;    investees and their capacity to establish operating and financial policies for investees or to take part in the establishment&#13;    thereof.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accounting&#13;    treatment of investments as subsidiaries (consolidation) or associates (equity method)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    2.3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    useful life of intangible assets and property, plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    useful life of assets based on their conditions.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recognition&#13;    of accelerated or decelerated depreciation by comparison against final actual earnings (losses).&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;                                         11 &amp;#8211; Property, plant and equipment&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note 13 &amp;#8211; Intangible assets&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;    value valuation of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;    value valuation made by external appraisers and valuators. See Note 10.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Incorrect&#13;    valuation of investment property values&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;                                         10 &amp;#8211; Investment properties&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;                                         Group estimates the income tax amount payable for transactions where the Treasury&amp;#8217;s&#13;                                         Claim cannot be clearly determined.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additionally, the Group evaluates the recoverability&#13;        of assets due to deferred taxes considering whether some or all of the assets will not be recoverable.&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Upon&#13;    the improper determination of the provision for income tax, the Group will be bound to pay additional taxes, including fines&#13;    and compensatory and punitive interest.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    21 &amp;#8211; Taxes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allowance&#13;    for doubtful accounts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;    periodic review is conducted of receivables risks in the Group&amp;#8217;s clients&amp;#8217; portfolios. Bad debts based on the expiration&#13;    of account receivables and account receivables&amp;#8217; specific conditions.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Improper&#13;    recognition of charges / reimbursements of the allowance for bad debt.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    15 &amp;#8211; Trade and other receivables&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    2 and 3 financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Main&#13;                                         assumptions used by the Group are:&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;Discounted&#13;        projected income by interest rate&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;Values&#13;        determined in accordance with the shares in equity funds on the basis of its Financial Statements, based on fair value&#13;        or investment assessments.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;Comparable&#13;        market multiple (EV/GMV ratio).&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="color: #000000"&gt;Underlying&#13;        asset price (Market price); share price volatility (historical) and market interest-rate (Libor rate curve).&lt;/font&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Incorrect&#13;    recognition of a charge to income / (loss).&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    14 &amp;#8211; Financial instruments by category&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Probability&#13;    estimate of contingent liabilities.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; padding-left: 24px; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Whether&#13;    more economic resources may be spent in relation to litigation against the Group; such estimate is based on legal advisors&amp;#8217;&#13;    opinions.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Charge&#13;    / reversal of provision in relation to a claim.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    19 &amp;#8211; Provisions&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Qualitative&#13;    considerations for determining whether or not the replacement of the debt instrument involves significantly different terms&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;                                         entire set of characteristics of the exchanged debt instruments, and the economic parameters&#13;                                         represented therein:&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Average lifetime of the exchanged liabilities;&#13;        Extent of effects of the debt terms (linkage to index; foreign currency; variable interest) on the cash flows from the&#13;        instruments.&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Classification&#13;    of a debt instrument in a manner whereby it will not reflect the change in the debt terms, which will affect the method of&#13;    accounting recording.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    13 &amp;#8211; Financial instruments by category&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;/p&gt;</ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory>
    <ifrs-full:DisclosureOfBusinessCombinationsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Acquisitions&#13;    and disposals&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Operations&#13;Center in Argentina&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 31.65pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;A)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Sale&#13;    of ADS and shares from IRSA CP&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;October 2017 and February 2018, IRSA and its subsidiaries completed the sale in the secondary market of 10,420,075 ordinary shares&#13;of IRSA CP, par value Ps. 1 per share, represented by American Depositary Shares (&amp;#8220;ADSs&amp;#8221;), representing four ordinary&#13;shares each, which represents nearly 8.27% of IRSA CP capital for a total amount of Ps. 2,489 (US$ 140). After the transaction,&#13;IRSA&amp;#8217;s direct and indirect interest in IRSA CP amounts to approximately 86.34%. This transaction was accounted in equity&#13;as an increase in the equity attributable to the parent for an amount of Ps. 272, net of taxes.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 31.65pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;B)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Acquisition&#13;    of Philips Building&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 2.25pt 0 0.5in; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;June 5, 2017, the Group, through IRSA CP, acquired the Philips Building located in Saavedra, Autonomous City of Buenos Aires,&#13;next to the DOT Shopping Mall. The building has a constructed area of 10,142 square meters and is intended for office development&#13;and lease. The acquisition price was US$ 29 million, which was fully paid up as of June 30, 2017. Furthermore, IRSA CP has signed&#13;a bailment contract with the seller for a term of 7 months and 15 days, which has expired automatically on January 19, 2018.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Operations&#13;Center in Israel&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;A)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Purchase&#13;    of DIC shares by Dolphin&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;mentioned in Note 7, in connection with the Promotion of Competition and Reduction of Concentration Law in Israel, Dolphin Netherlands&#13;B.V. made a non-binding tender offer for the acquisition of all DIC shares held by IDBD. For purposes of the transaction, a committee&#13;of independent directors has been set up to assess the tender offer and negotiate the terms and conditions. The Audit Committee&#13;has issued an opinion without reservations as to the transaction in accordance with the terms of section 72 et al. of the Capital&#13;Markets Law N&amp;#176; 26,831.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;November 2017, Dolphin IL, a subsidiary of Dolphin Netherlands B.V., has subscribed the final documents for the acquisition of&#13;the total shares owned by IDBD in DIC.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;transaction has been made for an amount of NIS 1,843 (equivalent to NIS 17.20 per share of DIC). The consideration was paid NIS&#13;70 in cash (equivalent to Ps. 348 as of the date of the transaction) and NIS 1,773 (equivalent to Ps. 8,814 as of the date of&#13;the transaction) were financed by IDBD to Dolphin, maturing in five years, with the possibility of an extension of three additional&#13;years in tranches of one year each, that will accrue an initial interest of 6.5% annually, which will increase by 1% annually&#13;in case of extension for each annual tranch. Furthermore, guarantees have been implemented for IDBD, for IDBD bondholders and&#13;their creditors, through pledges of different degree of privilege over DIC shares resulting from the purchase. Moreover, a pledge&#13;will be granted in relation to 9,636,097 (equivalent to 6.38%) of the shares of DIC that Dolphin currently holds in the first&#13;degree of privilege in favor of IDBD and in second degree of privilege in favor of IDBD's creditors. This transaction has no effect&#13;in the Groups consolidation structure and has been accounted in equity as a decrease in the equity attributable to the parent&#13;for an amount of Ps. 114.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;B)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Purchase&#13;    of IDBD shares to IFISA&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;December 2017, Dolphin Netherlands BV, has executed a stock purchase agreement for all of the shares that IFISA held of IDBD,&#13;which amounted to 31.7% of the capital stock. In this way, as of that date, Dolphin holds the 100% of IDBD's shares.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;transaction was made at a price of NIS 398 (equivalent to NIS 1.894 per share and approximately to Ps. 1,968 as of the date of&#13;the transaction). As consideration of the transaction all receivables from IFISA to Dolphin have been canceled plus a payment&#13;of USD 33.7 (equivalents to Ps. 588 as of the date of the transaction). This transaction was accounted in equity as a decrease&#13;in the equity attributable to the parent for an amount of Ps. 2,923.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;C)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Partial&#13;    sale of Clal&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;May 1, 2017, August 30, 2017, January 1, 2018 and May, 2018 continuing with the instructions given by the Commissioner of Capital&#13;Markets, Insurance and Savings of Israel, IDBD has sold in each of the abovementioned dates a 5% of its stake in Clal through&#13;a swap transaction. The consideration was set at an amount of approximately NIS 644.5 (equivalent to approximately Ps. 3,228 considering&#13;exchange date at each date). After the completion of the transaction, IDBD&amp;#8217;s interest in Clal was reduced to 34.8% of its&#13;share capital.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;D)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Agreement&#13;    for New Pharm acquisition&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;April 6, 2017, Shufersal entered into an agreement (the "agreement") with Hamashbir 365 Holdings Ltd. ("the seller" or "Hamashbir")&#13;for the purchase of the shares of New Pharm Drugstores Ltd. ("New Pharm"), representative of 100% of that Company&amp;#8217;s share&#13;capital ("the shares sold"). On December 20, 2017, the transaction was completed and Shufersal became the sole shareholder of&#13;New Pharm prior to the sale of a Shufersal store and approval of the transaction by the antitrust commission. The price paid,&#13;net of the respective adjustments to the transaction price, was NIS 126 (equivalent to Ps. 630 at the date of the transaction).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table resumes consideration and fair value of the acquired assets and the liabilities assumed:&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 85%; padding-bottom: 2px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; text-align: center; border-bottom: Black 2px solid"&gt;&lt;p style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;December 2017&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Fair&#13;    value of identifiable assets and assumed liabilities:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;p style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Properties,&#13;    plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;200&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Inventories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;380&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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   &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(260)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(930)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Employee&#13;    benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&#13;    net identifiable assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(290&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Goodwill&#13;    (pending allocation)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;920&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;630&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;If&#13;New Pharm had been acquired since the beginning of the year, the Group's consolidated statement of income for the year ended June&#13;30, 2018 would show a net pro-forma discontinued operations result of Ps. 12,189.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;E)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Increase&#13;    of interest in Cellcom&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;June 27, 2018, Cellcom raised its share capital for a gross total of NIS 280 million (approximately Ps. 2,212 as of that date).&#13;DIC took part in such raise by acquiring 6,314,200 shares for a total amount of NIS 145.9 million (approximately Ps. 1,152). In&#13;addition, on June 26, 2018, DIC engaged in a swap transaction with a bank for 1,150,000 shares of Cellcom from third parties.&#13;The following are the main characteristics of the transaction:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.75in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#183;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DIC has the voting&#13;    rights but not the economic rights over the shares under the swap transaction,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.75in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#183;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The maturity of&#13;    the swap is 90 days&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.75in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#183;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The impact in results&#13;    of the swap transaction is the difference of the price per share between the subscription date and the date of its cancellation.&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;After&#13;the abovementioned transactions the equity interest that DIC has on Cellcom rose from 42.07% to 43.14% and the percentage of voting&#13;rights rose from 45.45% to 46.16% without considering the swap transaction.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;F)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Negotiations&#13;    between Israir and Sun d&amp;#8217;Or&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;June 30, 2017 IDB Tourism was at an advanced stage of negotiations with Sun d&amp;#8217;Or International Airlines Ltd. (&amp;#8220;Sun&#13;d&amp;#8217;Or&amp;#8221;), a subsidiary of El Al Israel Airlines Ltd. ("El Al"), and on July 2, 2017 an agreement was signed, which has&#13;been rejected by the Antitrust Commission on January 10, 2018.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;a consequence of this process, the Group&amp;#8217;s Financial Statements as of June 30, 2018 and 2017 present the investment in Israir&#13;as assets and liabilities held for sale, and a loss of nearly NIS 56 (approximately equivalent to Ps. 231 as of December 31, 2016&#13;when it was reclassified to discontinued operation), as a result of measuring these net assets at the estimated recoverable value.&#13;The Group is evaluating the reasons for the objection and has appealed this situation. The group evaluated that the criteria to&#13;continue classifying the investment as discontinued operations as established by IFRS 5 are maintained.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;G)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Changes&#13;    of interest in Shufersal&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;the fiscal year ended June 30, 2017, the Group &amp;#8211; through DIC and several transactions &amp;#8211; increased its interest in&#13;Shufersal capital stock by 7.7% upon payment of a net amount of NIS 235 (equivalent to approximately Ps. 935) and in March 2017,&#13;DIC sold 1.38% of Shufersal in an amount of NIS 50 (equal to Ps. 210 as of that date) Additionally, on December 24, 2017, DIC&#13;sold Shufersal shares, decreasing its stake from 53.30% to 50.12%. The consideration with respect to the sale of the shares amounted&#13;to NIS 169.5 (equivalent to Ps. 847 on the day of the transaction). Both transactions were accounted for as an equity transaction&#13;generating an increase in the equity attributable to the controlling shareholder in the amount of Ps. 287 and Ps. 385 respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;June 16, 2018 DIC announced the sale of a percentage of its stake in Shufersal to institutional investors. The same was completed&#13;on June 21, 2018. The percentage sold amounted to 16.56% and the net amount charged was approximately NIS 848 (equivalent to Ps.&#13;6,420 on the day of the transaction), consequently DIC lost control of Shufersal, so the Group deconsolidated the subsidiary on&#13;that date.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;are the details of the sale:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 85%; padding-bottom: 2px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; text-align: center; border-bottom: Black 2px solid"&gt;&lt;p style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;06.30.2018&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Cash&#13;    received&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,420&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Remediation&#13;    of the fair value of the remaining interest&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;13,164&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Total&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;19,584&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Net&#13;    assets disposed including goodwill&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(8,501&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Gain&#13;    from the sale of a subsidiary, net of taxes (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;11,083&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Includes Ps. 2,643 as a result of the sale and Ps. 8,440 as a result of the remeasurement at the fair value of the new stake.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table details the net assets disposed:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 85%; padding-bottom: 2px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; text-align: center; border-bottom: Black 2px solid"&gt;&lt;p style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;06.30.2018&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Investment&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;4,489&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Property,&#13;    plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;29,001&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Intangible&#13;    assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;7,108&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Investments&#13;    in associates and joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;401&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Restricted&#13;    assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;91&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;12,240&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Investments&#13;    in financial assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,846&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;23&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Inventories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,276&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Cash&#13;    and cash equivalents&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;5,579&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;TOTAL&#13;    ASSETS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;68,054&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;21,310&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Deferred&#13;    income tax liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,808&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;23,974&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Provisions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;447&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Employee&#13;    benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,279&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Salaries&#13;    and social security liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,392&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Income&#13;    tax and MPIT liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;8&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;TOTAL&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;7,335&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Net&#13;    assets disposed including goodwill&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;8,501&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;H)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Interest&#13;    increase in DIC&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;September 23, 2016 Tyrus acquired 8,888,888 of DIC&amp;#8217;s shares from IDBD for a total amount of NIS 100 (equivalent to Ps. 401&#13;as of that date), which represent 8.8% of the Company&amp;#8217;s outstanding shares at such date.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;March 2017, IDBD exercised all of DIC&amp;#8217;s Series 5 and 6 warrants for nearly NIS 210 (approximately equivalent to Ps. 882&#13;as of that date), thereby increasing its direct interest in DIC to nearly 70% of such company&amp;#8217;s share capital as of that&#13;date and the Group's equity interest to 79.47%. Subsequently, third parties not related to the Group, exercised their warrants,&#13;thus diluting the Group&amp;#8217;s interest in DIC to 77.25%. This transaction was accounted for as an equity transaction generating&#13;a decrease in equity attributable to the controlling shareholder in the amount of Ps. 413.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;I)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Sale&#13;    of Adama&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;August 2016, Koor and a subsidiary of ChemChina executed an agreement to obtain the 40% of the shares of Adama held by Koor. The&#13;price of the transaction included a payment in cash of US$ 230 plus the total repayment of the non-recourse loan and its interests,&#13;which had been granted to Koor by a Chinese bank. On November 22, 2016, the sale transaction was finalized and Koor received cash&#13;in the amount of US$ 230. As of June 30, 2017, the Company recorded a gain of Ps. 4,216 pursuant to the sale. Our share in the&#13;results of Adama was retrospectively classified as discontinued operations in the Group&amp;#8217;s Consolidated Statements of Income&#13;as from July 17, 2016 (Note 32).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;J)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Partial&#13;    sale of equity interest in PBC&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DIC&#13;sold 12% of its equity interest in PBC for a total consideration of NIS 217 (equivalent to approximately&lt;br style="clear: both" /&gt;&#13;Ps. 810); as a result, DIC&amp;#8217;s interest in PBC has declined to 64.4%. This transaction was accounted for as an equity transaction&#13;generating an increase in equity attributable to the controlling shareholder in the amount of Ps. 34.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;K)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Partial&#13;    sale of equity interest in Gav Yam&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.75in; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;December 5, 2016, PBC sold 280,873 shares of its subsidiary Gav-Yam Land Corporation Ltd. for an amount of NIS 391 (equivalent&#13;to Ps. 1,616 as of that date). As a result of this transaction, the equity interest has decreased to 55.06%. &amp;#160;This transaction&#13;was accounted for as an equity transaction generating an increase in equity attributable to the controlling shareholder in the&#13;amount of Ps. 184.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfBusinessCombinationsExplanatory>
    <ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Information about&#13;    the main subsidiaries&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;The&#13;Group conducts its business through several operating and holding subsidiaries. The Group considers that the subsidiaries below&#13;are the ones with significant non-controlling interests to the Group.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 30%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Direct interest of non-controlling interest %(1)&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Current Assets&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Non-current Assets&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Current Liabilities&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Non-current Liabilities&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Net assets&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Book value of non-controlling interests&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;As of June 30, 2018&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Elron&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;49.70%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,933&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,610&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;252&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;24&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,267&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,351&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;PBC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;35.60%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;23,655&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;108,704&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;16,033&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;90,620&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;25,706&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;21,730&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Cellcom (2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;57.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;21,185&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;27,648&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;12,601&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;26,109&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;10,123&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,391&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;IRSA CP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;13.66&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;10,670&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;57,074&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;2,497&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;27,284&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font-size: larger"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;As of June 30, 2017&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="width: 30%; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Elron&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;49.68%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,669&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,183&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;162&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;10&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,680&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,975&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;PBC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;35.56%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;10,956&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;64,345&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;10,503&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;49,902&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;14,896&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;11,161&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Cellcom (2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;57.74%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;11,209&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;18,273&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;8,171&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;15,974&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;5,337&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,706&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;IRSA CP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;5.39%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;4,515&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;37,907&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,801&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;17,605&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;23,016&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,194&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 28%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Revenues&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Net income / (loss)&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Total comprehensive income / (loss)&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Total comprehensive income / (loss) attributable to non-controlling interest&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Cash of Operating activities&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Cash of investing activities&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Cash of financial activities&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Net Increase (decrease) in cash and cash equivalents&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Dividends distribution to non-controlling shareholders&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="9"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Year ended June 30, 2018&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Elron&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(512)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(80)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(510)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(327)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;343&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(132)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(116)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(155)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;PBC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,183&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,958&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(181)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,060&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,073&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;27&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(1,191)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,909&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;717&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Cellcom (2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;19,145&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(509)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;5&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(504)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,997&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(2,574)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;382&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,805&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;IRSA CP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;5,949&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;15,656&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;15,656&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;556&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;3,624&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(3,861&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;1,800&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;1,563&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(716&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font-size: larger"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="9"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Year ended June 30, 2017&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="width: 28%; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; 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vertical-align: bottom"&gt;&amp;#160;&amp;#160;4,877&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;886&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(353)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,254&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,470&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(2,208)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;283&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;545&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(975)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Cellcom (2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;15,739&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(329)&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;IRSA CP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;4,997&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,378&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,378&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;117&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,875&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(148)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(958)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,769&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(831)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;(1)&#13;Corresponds to the direct interest from the Group.&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;(2)&#13;DIC considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-&amp;#224;-vis&#13;other shareholders, being 46.16%, also taking into account the historic voting performance in the Shareholders&amp;#8217; Meetings.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Restrictions,&#13;commitments and other relevant issues&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Analysis&#13;of the impact of the Concentration Law&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;December 2013, was published in the Official Gazette of Israel the Promotion of Competition and Reduction of Concentration Law&#13;N&amp;#176;, 5774-13 (&amp;#8216;the Concentration Law&amp;#8217;) which has material implications for IDBD, DIC and its investors, including&#13;the disposal of the controlling interest in Clal. In accordance with the provisions of the law, the structures of companies that&#13;make public offer of their securities are restricted to two layers of public companies.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;November 2017, Dophin IL, a subsidiary of Dolphin Netherlands B.V. acquired all the shares owned by IDBD in DIC (See note 4).&#13;Thus, the section required by the aforementioned law for the year 2017 is completed.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prior&#13;to December 31, 2019 the Group should reduce its control structure of companies that make public offer in Israel to two layers.&#13;It currently has three layers of public companies (DIC, PBC and Gav-Yam). The management is analyzing which are the steps to retain&#13;control over the Group subsidiaries and meet the requirements of the Law. These alternatives may include corporate reorganizations&#13;of the Operations Center in Israel.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Dolphin&#13;arbitration process&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;There&#13;is an arbitration process going on between Dolphin and ETH (previous shareholder of IDBD) in relation to certain issues connected&#13;to the control obtainment of IDBD. In the arbitration process the parties have agreed to designate Eyal Rosovshy and Giora Erdinas&#13;to promote a mediation. On August 17, 2017, a mediation hearing was held and the parties failed to reach an agreement. On January&#13;31, 2018, the parties agreed to follow the process in court. As of the date of presentation of these consolidated financial statements,&#13;there have been no other developments in the process and it is still pending resolution. Management, based on the opinion of its&#13;legal advisors, considers that the resolution of the present litigation will not have an adverse effect for Dolphin.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;IDBD:&#13;Acquisition of non-controlling interest&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;March 2016, after the amendments to the agreements for the acquisition of the IDBD shares from its minority shareholders, Dolphin&#13;acquired all the shares outstanding on March 29, 2016 from non-controlling shareholders of IDBD (except for those held by IFISA).&#13;The price paid for each IDBD share held by non-controlling shareholders was NIS 1.25 per share in cash plus NIS 1.20 per share&#13;in bonds of the IDBD Series 9 (the &amp;#8220;IDBD Bonds&amp;#8221;). Additionally, Dolphin undertook to pay NIS 1.05 per share (subject&#13;to adjustments) in cash if Dolphin, either directly or indirectly, gained control of Clal (more than 30%), or else if IDBD sold&#13;a controlling shareholding in Clal (more than 30% to a third party) under certain parameters (the &amp;#8220;payment for Clal&amp;#8221;),&#13;which refers mainly to Clal&amp;#8217;s sale price at a price which exceeds 75% of its book value upon execution of the sale agreement&#13;(subject to adjustments) and, under certain circumstances, the proportion of Clal shares sold by IDBD. It is worth noting that,&#13;the obligation to make such contingent payment will only expire if the sale of a controlling interest is completed (more than&#13;30% to a third party), or if Dolphin obtains the control permission from Clal.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;addition, Dolphin agreed to pay certain minority shareholders which held warrants that were excersised until March 28, 2016 with&#13;IDBD bonds (based on the adjusted nominal value, which was completed) in an amount equal to the difference between NIS 2.45 per&#13;share and the exercise price of the warrants and to be entitled to the Clal payment.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;guaranty of the payment, Dolphin pledged 28% of its IDBD shares, as well as all its rights in relation to the subordinated loan&#13;granted in the amount of NIS 210 on December 2015 to IDBD (see Note 27), until the payment obligation to Clal has been completed&#13;or has expired&amp;#160;after which the pledge will be discharged. Should new shares be issued by IDBD, Dolphin will have to pledge&#13;additional shares until completing the 28% of all IDBD share capital. This pledge replaces the pre-existing pledge. Additionally,&#13;Dolphin agreed not to exercise its right to convert the subordinated loans into shares of IDBD until the pledge described above&#13;has been released.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of the date of issuance of these Consolidated Financial Statements, the only outstanding payment is that owed to Clal, in the&#13;event that the described conditions are fulfilled.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Capital&#13;issuance in subsidiaries without participation of the Group&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;April 2017, Shufersal issued approximately 12 million shares for a total net consideration of NIS 210 (equivalent to approximately&#13;Ps. 882 as of the date of the issuance). As a result of such issuance, DIC&amp;#8217;s interest in Shufersal went down to nearly 56.11%.&#13;In June 2017, Shufersal issued 8 million shares as part of a private offering for a total amount of NIS 139 (equivalent to approximately&#13;Ps. 654 on the issue date), thus diluting DIC&amp;#8217;s interest to 54.19%.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;April 2017, Gav Yam increased its share capital by NIS 180 (equivalent to approximately Ps. 810 on the issue date); PBC did not&#13;take part in the offering, thus reducing its interest to 51.70% as of that date.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory>
    <ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments in&#13;    associates and joint ventures&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;if the Group&amp;#8217;s investments in associates and joint ventures for the fiscal years ended June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 69%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Beginning&#13;    of the year &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,813&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,835&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Increase&#13;    in equity interest in associates and joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;343&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,102&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Issuance&#13;    of capital and contributions (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;156&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;160&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capital&#13;    reduction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(284)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Decrease&#13;    for control obtainment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(59)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Distribution&#13;    of non-controlling interest&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;107&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Decrease&#13;    of interest in associate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(339)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;    of (loss) / profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(701)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;378&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,056&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;232&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfer&#13;    to loans to associates (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    (ii) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(319)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(250)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Distribution&#13;    for associate liquidation (iii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(72)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Incorporation&#13;    of deconsolidated subsidiary, net (see Note 4.G.)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,763&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reclassification&#13;    to held for sale&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(44)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(10,709)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;End&#13;    of the year (iv) &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22,198&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,813&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Georgia, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&amp;#160;&#13;Corresponds to a reclassification made at the time of formalizing the loan repayment terms with the associate in the&#13;Operations Center in Israel.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Georgia, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&amp;#160;&#13;See Note 29.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&#13;Corresponds to the distribution of the income from Baicom&amp;#8217;s liquidation.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iv)&#13;Includes Ps. (2,452) and Ps. (72) reflecting interests in companies with negative equity as of June 30, 2018 and 2017, respectively,&#13;which are disclosed in &amp;#8220;Provisions&amp;#8221; (see Note 18).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 34.9pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is a detail of the investments and the values of the stake held by the Group in associates and joint ventures for the years ended&#13;as of June 30, 2018 and 2017, as well as the Group's share of the comprehensive results of these companies for the years ended&#13;on June 30, 2018, 2017 and 2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Name&#13;    of the entity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    ownership interest &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Value&#13;    of Group's interest in equity &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Group's&#13;    interest in comprehensive income / (loss)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; width: 27%; padding-right: 5.4pt; text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Associates&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;    Lipstick (1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,452)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(72)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,380)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(201)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(64)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;BHSA&#13;    (2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;29.91%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30.66%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30.66%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,250&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,693&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;618&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;83&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25.53%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;696&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;634&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;450&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;53&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(27)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Adama&#13;    (4)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;N/A&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;N/A&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;N/A&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; 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   &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mehadrin&#13;    (6)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Agriculture&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,509,889&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;    57&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;    595&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;N/A&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;N/A&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;N/A&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;    Lipstick's equity comprises a rental office building in New York City known as the &amp;#8220;Lipstick Building&amp;#8221; with related&#13;    debt. Metropolitan, a subsidiary of New Lipstick, has renegotiated its non-recourse debt with IRSA, which amounted to US$&#13;    113.1, and obtained a debt reduction of US$ 20 by the lending bank, an extension to April 30, 2020 and an interest rate reduction&#13;    from LIBOR + 4 b.p. to 2 b.p. upon payment of US$ 40 in cash (US$ 20 in September 2017 and US$ 20 in October 2017), of which&#13;    IRSA has contributed with US$ 20. Following the renegotiation, Metropolitan&amp;#8217;s debt amounts to US$ 53.1. Additionally,&#13;    Metropolitan has agreed to exercise on or before February 1, 2019 the purchase option on part of the land where the property&#13;    is built and, to deposit the sum of money corresponding to 1% of the purchase price. Furthermore, Metropolitan has agreed&#13;    to cause IRSA and other shareholders to furnish the bank, on or before February 1, 2020, with a payment guarantee with acceptable&#13;    financial ratios fot the Bank for the outstanding balance of the purchase price, or a letter of credit in relation to the&#13;    loan balance then outstanding.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;BHSA&#13;    is a full-service commercial bank offering a wide variety of banking activities and related financial services to individuals,&#13;    small- and medium-sized companies and large corporations. The effect of Treasury shares was considered. Share market value&#13;    is Ps. 6.65 per share&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Condor&#13;    is a hotel-focused real estate investment trust (REIT). Share market value as of June 30, 2018 is Ps. 10.70 per share.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Adama&#13;    is specialized in the chemical industry, mainly, in the agrochemical industry. See note 4.I.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Quality&#13;    is engaged in the operation of the San Mart&amp;#237;n premises (formerly owned by Nobleza Piccardo S.A.I.C. y F.).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mehadrin&#13;    is a company engaged in the production and exports of citrus, fruits and vegetables. The Group has a joint venture agreement&#13;    in relation to this company. Share market value as of June 30, 2018 is NIS 18.78 per share.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;    market value as of June 30, 2018 is NIS 2.24 per share&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 28.3pt 0 14.2pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amounts&#13;    in millions of US Dollars under USGAAP. Condor&amp;#8217;s year-end falls on December 31, so the Group estimates their interest&#13;    with a three-month lag, including material adjustments, if any.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amounts&#13;    in millions of NIS.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(***)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    balances as of June 30, 2018 correspond to the Financial Statements of BHSA prepared in accordance with BCRA standards. For&#13;    the purpose of the valuation of the investment in the company, necessary adjustments to adequate the Financial Statements&#13;    to IFRS have been considered.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Set&#13;out below is summarized financial information of the associates and joint ventures considered to be material to the Group:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 32%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&#13;    Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;476&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(76)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(53)&lt;/font&gt;&lt;/td&gt;&#13; 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font: 10pt/9.5pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.55pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Information&#13;    under GAAP applicable in the associate and joint ventures&amp;#180; jurisdiction.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/9.5pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.55pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;    March 2011, Quality acquired an industrial plant located in San Mart&amp;#237;n, Province of Buenos Aires. The facilities are&#13;    suitable for multiple uses. On January 20, 2015, Quality agreed with the Municipality of San Martin on certain re zoning and&#13;    other urban planning matters (&amp;#8220;the Agreement&amp;#8221;) to surrender a non-significant portion of the land and a monetary&#13;    consideration of Ps. 40 million, payable in two installments of Ps. 20 each, the first of which was actually paid on June&#13;    30, 2015. In July 2017, the Agreement was amended as follows: 1) a revised zoning plan must be submitted within 120 days as&#13;    from the amendment date, and 2) the second installment of the monetary considerations was increased to Ps. 71 million payables&#13;    in 18 equal monthly installments. On March 8, 2018, it was agreed with the well-known Gehl Study (Denmark) - Urban Quality&#13;    Consultant - the elaboration of a Master Plan, generating a modern concept of New Urban District of Mixed Uses.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/9.5pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.55pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Considering&#13;    the effect of Treasury shares.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/9.5pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iv)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.55pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    of non-controlling interest.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/9.5pt Georgia, Times, Serif; margin: 0 15.55pt 0 14.2pt; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;BHSA&#13;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;BHSA&#13;is subject to certain restrictions on the distribution of profits, as required by BCRA regulations.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018, BHSA has a remnant of 35.2 million Class C treasury shares of a par value of Ps. 1 received in 2009 as a result&#13;of certain financial transactions. The Annual Shareholders' Meeting decided to allocate 35.1 million of such shares to an employee&#13;compensation plan pursuant to Section 67 of Law 26,831. The remaining shares belong to third party holders of Stock Appreciation&#13;Rights, who have failed to produce the documentation required for redemption purposes. As of June 30, 2018, considering the effect&#13;of such treasury shares, the Group&amp;#8217;s interest in BHSA amounts to 29.91%.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group estimated that the value in use of its investment in BHSA as of June 30, 2018 and 2017 amounted to Ps. 2,673, Ps. 4,134,&#13;respectively. The value in use was estimated based on the present value of future business cash flows. The main assumptions used&#13;were the following:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The Group considered&#13;    7 years as the horizon for the projection of BHSA cash flows. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &amp;#8220;Private&#13;    BADLAR&amp;#8221; interest rate was projected based on internal data and information gathered from external advisors.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The projected exchange&#13;    rate was estimated in accordance with internal data and external information provided by independent consultants.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The discount rate used to discount actual dividend&#13;    flows was 14.01% in 2018 and 12.99% in 2017.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The sensitivity to a 1% increase in the discount&#13;    rate would be a reduction in the value in use of Ps. 237 for 2018 and of Ps. 506 for 2017. The sensitivity to a 1% increase&#13;    in the "Private BADLAR" interest rate it would be an increase in the value in use of Ps. 292 for 2018 and of Ps. 476 for 2017.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory>
    <ifrs-full:DisclosureOfInvestmentPropertyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investment properties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in the Group&amp;#8217;s investment properties according to the fair value hierarchy for the years ended June 30, 2018 and 2017 were&#13;as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 53%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value at the beginning of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8,158&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;91,795&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,594&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;76,109&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additions&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,335&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,954&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;592&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,059&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    cost charged&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;60&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalized&#13;    leasing costs &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization&#13;    of capitalized leasing costs (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    from / to property, plant and equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,705&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;173&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    to trading properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;353&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reclassification&#13;    to assets held for sale&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(521)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(71)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deconsolidation&#13;    (see Note 4.G.)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,489)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assets&#13;    incorporated by business combination&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;107&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reclassifications&#13;    previous years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(224)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disposals&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(179)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(392)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(179)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,494&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    gain from fair value adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,437&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,332&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,143&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,310&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value at the end of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,125&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;146,601&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8,158&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;91,795&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Amortization charges of capitalized leasing costs were included in &amp;#8220;Costs&amp;#8221; in the Statements of Income (Note 23).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following is the balance by type of investment property of the Group as of June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;141,241&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;89,301&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Undeveloped&#13;    parcels of land&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,608&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,647&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Properties&#13;    under development&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,005&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;162,726&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;99,953&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Certain&#13;investment property assets of the Group have been mortgaged or restricted to secure some of the Group&amp;#8217;s borrowings and other&#13;payables. Book amount of those properties amounts to Ps. 26,378, Ps. 40,719 as June 30, 2018 and 2017, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following amounts have been recognized in the Statements of Income:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    and services income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,671&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,711&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,268&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Direct&#13;    operating expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,046)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,838)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,888)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Development&#13;    expenditures &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,731)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,397)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    realized gain from fair value adjustment of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;227&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;128&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;908&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    unrealized gain from fair value adjustment of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,542&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,325&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,651&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;&lt;u&gt;Valuation&#13;processes &lt;/u&gt;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s investment properties were valued at each reporting date by independent professionally qualified appraisers who&#13;hold a recognized relevant professional qualification and have experience in the locations and segments of the investment properties&#13;appraised. For all investment properties, their current use equates to the highest and best use.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Each&#13;operations center has a team which reviews the appraisals performed by the independent appraisers (the &amp;#8220;review team&amp;#8221;).&#13;The review team: i) verifies all major and important assumptions relevant to the appraisal in the valuation report from the independent&#13;appraisers; ii) assesses property valuation movements compared to the valuation report from the prior period; and iii) holds discussions&#13;with the independent appraisers.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in Level 2 and 3 fair values, if any, are analyzed at each reporting date during the valuation discussions between the review&#13;team and the independent appraisers. In the case of the Operations Center in Argentina, the Board of Directors ultimately approves&#13;the fair value calculation for recording into the Financial Statements. In the case of the Operations Center in Israel, the appraisals&#13;are examined by Israel Management and reported to the Financial Statements Committee.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;&lt;u&gt;Valuation&#13;techniques used for the estimation of fair value of the investment property: &lt;/u&gt;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;Shopping Malls in the Operations Center in Argentina and for rental properties in the Operations Center in Israel, the valuation&#13;was determined using discounted cash flow (&amp;#8220;DCF&amp;#8221;) projections based on significant unobservable assumptions. The following&#13;are the key assumptions:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Future rental cash&#13;    inflows based on the location, type and quality of the properties and supported by the terms of the current lease contract,&#13;    and considering the estimations of the variation in the Gross Domestic Product (GDP) and the estimated inflation rate given&#13;    by external advisors. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Given the prevailing&#13;    inflationary context in Argentina and the volatility of certain macroeconomic variables, it is not possible to rely on a relevant&#13;    long-term interest rate in pesos to discount the projected cash flows for the shopping centers of the Argentine Operations&#13;    Center. As a result, we proceeded to dollarize the projected cash flows through the future ARS / USD exchange rate curve provided&#13;    by an external consultant and discounted it with a long-term interest rate in dollars, the weighted average cost of capital&#13;    ("WACC").&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flows from&#13;    future investments, expansions, or improvements in shopping malls were not considered. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated vacancy&#13;    rates taking into account current and future market conditions once the current leases expire. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The projected cash&#13;    flows in dollars were discounted using the weighted average cost of capital (WACC) as the discount rate for each valuation&#13;    date in the Operation Center in Argentina and &lt;font style="background-color: white"&gt;for the Israel Operations Center the discount&#13;    rate used was one that reflects the specific risks of each property&lt;/font&gt;. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Terminal value:&#13;    a perpetuity calculated based on the cash flow of the last year of useful life was considered. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The cash flows for&#13;    the concessions were projected until the due date of the concession determined in the current agreement. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real lease agreements,&#13;    where payments differ from the proper rent, if any, are subject to adjustments to reflect the actual payments made during&#13;    the term of the lease. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Type of lessees&#13;    that occupy the property, the future lessees that may occupy the property after leasing a vacant property, including a general&#13;    creditworthiness assessment.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The allocation of&#13;    responsibilities between the Group and the lessee as regards maintenance and insurance of the property.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The physical condition&#13;    and remaining economic useful life of the property.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt 49.65pt; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;offices and other rental properties in general in the Operations Center in Argentina, and undeveloped land in general, the valuation&#13;was determined using transaction of market comparables. These values are adjusted for differences in key attributes such as location,&#13;size of the property and quality of the interior design and for some undeveloped lands, the valuation methodology considered the&#13;lowest average incidence values in the area, applying urbanistic indicators identical to those in the area of influence. The most&#13;significant contribution to this market comparables&amp;#8217; approach is the price per square meter.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;property under development the valuation is based on the estimated fair value of the investment property after completing the&#13;construction, less the present value of the estimated construction costs expected to be incurred during completion of construction&#13;works, considering a capitalization rate adjusted for risks and relevant features of the property provided that it is considered&#13;reliable. In case the valuation is not considered reliable, it is based on costs incurred plus the fair value of the land at the&#13;end of each year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&#13;can sometimes be difficult to reliably determine the fair value of the property under development. In order to assess whether&#13;the fair value of the property under development can be determined reliably, Management considers the following factors, among&#13;others:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The provisions of&#13;    the construction contract. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The stage of completion.&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Whether the project/property&#13;    is standard (typical for the market) or non-standard. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The level of reliability&#13;    of cash inflows after completion. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The development&#13;    risk specific to the property. &lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Past experience&#13;    with similar constructions. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Status of construction&#13;    permits. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;There&#13;were no changes to the valuation techniques during the fiscal years ended June 30, 2018 and 2017.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table presents information regarding the fair value measurements of investment properties using significant unobservable&#13;inputs (Level 3):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity&#13;    (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.18&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.17&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Valuation&#13;    technique&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 27%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Parameters&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Range&#13;    fiscal year 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Increase&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Decrease&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Increase&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Decrease&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    properties in Israel - Offices (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7.00%&#13;    a 9.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,322)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,457&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(759)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;853&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average rental value per square meter (m2) per month, in NIS&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    87&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,640&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; 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   properties in USA - HSBC Building (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.25%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,212)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   73&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,654&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,654)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,497&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,497)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,796&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,948)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,445&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Growth&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,104&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,307)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,464&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,794)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inflation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,035&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,643)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,684&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,425)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Devaluation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,554)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,831&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,703)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,054&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Plot&#13;    of land in Argentina (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Comparable&#13;    with incidence adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Value&#13;    per square meter (m2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,200&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;64&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;65&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(52)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;%&#13;    of incidence&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,165&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,167)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,202)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Properties&#13;    under development in Israel (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    fair value of the investment property after completing the construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average construction cost per square meter (m2) in NIS&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,787&#13;    NIS/m2 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;    weighted average discount rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7.00%&#13;    a 9.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(377)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;377&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(437)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;437&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;For the next 5 years, an average AR$ / US$ exchange rate with an upward trend was considered, starting at Ps. 19.51 (corresponding&#13;to the year ended June 30, 2018) and arriving at Ps. 49.05. In the long term, a nominal devaluation rate of 5.6% calculated based&#13;on the quotient between inflation in Argentina and the United States is assumed. The considered inflation shows a downward trend,&#13;which starts at 25.0% (corresponding to the year ended June 30, 2018) and stabilizes at 8% after 10 years. These premises were&#13;determined at the closing date of the fiscal year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Considering an increase or decrease of: 100 points for the discount and growth rate in Argentina, 10% for the incidence and inflation,&#13;20% for the devaluation, 50 points for the discount rate of Israel and USA, and 1% for the value of the m2.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfInvestmentPropertyExplanatory>
    <ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Property, plant and equipment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in the Group&amp;#8217;s property, plant and equipment for the years ended June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 43%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Buildings&#13;    and facilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Machinery&#13;    and equipment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Communication&#13;    networks&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;br /&gt;&lt;font style="line-height: 115%"&gt;&lt;b&gt;(i)&lt;/b&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at June 30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;9,618&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;2,358&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;13,403&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Costs&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;1,809&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;489&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;(696)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;(175)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;9,618&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;2,358&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;13,403&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/7pt Georgia, Times, Serif; margin: 0; text-align: justify; text-indent: -14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&amp;#160;&amp;#160;&amp;#160;&#13;Includes furniture and fixtures, vehicles and aircrafts which have been reclassified to held for sale. (See Note 4)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: -14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)As&#13;of June 30, 2018 and 2017, depreciation charges of property, plant and equipment were recognized: Ps. 1,764 and Ps. 1,522 in "Costs",&#13;Ps. 175 and Ps. 251 in "General and administrative expenses" and Ps. 32 and Ps. 889 in "Selling expenses", respectively in the&#13;Statements of Income, (Note 23). In addition, a depreciation charge in the amount of Ps. 1,539 and Ps. 96, was recognized in "Discontinued&#13;operations" as of June 30, 2018 and 2017, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/7pt Georgia, Times, Serif; margin: 0; text-align: justify; text-indent: -14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&amp;#160;&amp;#160;&#13;See Note 4.D. Includes other non-significant business combinations.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory>
    <irsa:DisclosureOfTradingPropertiesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trading properties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in the Group&amp;#8217;s trading properties for the fiscal years ended June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 42%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Completed&#13;    properties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Properties&#13;    under development (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Undeveloped&#13;    sites&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;At&#13;    June 30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;236&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,533&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,202&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,971&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additions&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,188&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;39&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,229&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13; 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   &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    from investment properties &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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margin: 0 0 0 42.55pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Includes&#13;Zetol and Vista al Muelle plots of land, which have been mortgaged to secure Group's borrowings. The net book value amounted to&#13;Ps. 306 and Ps. 190 as of June 30, 2018 and 2017, respectively. Additionally, the Group has contractual obligations not provisioned&#13;related to these plot of lands committed when certain properties were acquired or real estate projects were approved, and amount&#13;to Ps. 372 and&lt;br style="clear: both" /&gt;&#13;Ps. 135, respectively. Both projects are expected to be completed in 2029.&lt;/font&gt;&lt;/p&gt;</irsa:DisclosureOfTradingPropertiesExplanatory>
    <ifrs-full:DisclosureOfIntangibleAssetsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Intangible assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in the Group&amp;#8217;s intangible assets for the years ended June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0 58.1pt 0 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 37%; padding-right: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&#13;    (v)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    book amount at June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,086&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,077&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,176&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,301&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,654&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,003&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,297&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.6pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization&#13;    charge was recognized in the amount of Ps. 482 and Ps. 487 under "Costs", in the amount of Ps. 399 and Ps. 333 under "General&#13;    and administrative expenses" and Ps. 880 and Ps. 1,231 under "Selling expenses" as of June 30, 2018 and 2017, respectively&#13;    in the Statements of Income (Note 23). In addition, a charge of Ps. 238 and Ps. 31 was recognized under "Discontinued operations"&#13;    as of June 30, 2018 and 2017, respectively.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.6pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Includes&#13;    "Rights of use". Corresponds to Distrito Arcos &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.6pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Includes&#13;    "Rights to receive future units under barter agreements". Corresponds to receivables in kind representing the right to receive&#13;    residential apartments in the future under barter agreements. Caballito: On June 29, 2011, the Group and TGLT entered into&#13;    a barter agreement in the amount of US$ 12.8. In 2013, a neighborhood association secured a preliminary injunction which suspended&#13;    the works to be carried out by TGLT in the property and started a claim against GCBA and TGLT. As a consequence of the unfavorable&#13;    rulings rendered by lower courts and appellate courts in the cited proceeding, the Group and TGLT reached a settlement agreement&#13;    dated December 30 2016, whereby they agreed to provide a deed for the revocation of the barter agreement, after TGLT resolved&#13;    certain issues. Consequently, the Group has decided to deregister the intangible asset related to this transaction, thus recognizing&#13;    a loss of Ps. 27.7. Subsequently, on April 26, 2018, the deed for the revocation was signed, which extinguished the obligations&#13;    arising from the barter agreement dated June 29, 2011, and its amending agreements. Thus, the Group has received the property&#13;    located in Caballito again.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iv)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.6pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;See&#13;    Note 4.D. Includes other non-significant business combinations.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(v)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.6pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    goodwill assigned to real estate in Israel amounts to NIS 155 (Ps. 907 at the exchange rate at the end of the financial year&#13;    2018), that assigned to telecommunications amounts to NIS 268 (Ps. 2,114 at the exchange rate at the end of the financial&#13;    year 2018) and the one assigned to supermarkets amounted to NIS 192. The rest is goodwill that is allocated to the real estate&#13;    segment of Argentina.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/8pt Arial, Helvetica, Sans-Serif; margin: 0 15.6pt 0 0; text-align: justify"&gt;&lt;/p&gt;</ifrs-full:DisclosureOfIntangibleAssetsExplanatory>
    <ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trade and other&#13;    receivables &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Group&amp;#8217;s&#13;trade and other receivables as of June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale,&#13;    leases and services receivables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,728&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,127&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Less:&#13;    Allowance for doubtful accounts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(805)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(312)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    trade receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14,923&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,815&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prepaid&#13;    expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,734&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,532&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings,&#13;    deposits and other debit balances &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,289&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,378&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advances&#13;    to suppliers &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;733&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;825&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    credits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;355&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;216&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,055&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;472&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    other receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8,166&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,423&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    trade and other receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23,089&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,974&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,947&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,264&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23,089&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Book&#13;amounts of Group's trade and other receivables in foreign currencies are detailed in Note 30.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of current receivables approximates their respective carrying amounts because, due to their short-term nature, the&#13;effect of discounting is not considered significant. The present value of receivables related to installment sales of communication&#13;devices, made by Cellcom, was calculated using a discount rate of 3.3%. The amount of this&lt;br style="clear: both" /&gt;&#13;non-current trade receivables is Ps. 3,188 as of June 30, 2018.The book value of other non-current receivables is, or approximates,&#13;its fair value on the balance sheet date. Fair values are based on discounted cash flows (Level 3).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;accounts receivables are generally presented in the Statements of Financial Position net of allowances for doubtful accounts.&#13;Impairment policies and procedures by type of receivables are discussed in detail in Note 2. Movements on the Group&amp;#8217;s allowance&#13;for doubtful accounts were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 68%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Beginning&#13;    of the year &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;312&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;173&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additions&#13;    (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;315&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;234&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recoveries&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(28)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;622&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;182&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deconsolidation&#13;    (see Note 4.G.)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(142)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Used&#13;    during the year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(274)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(266)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;End&#13;    of the year &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;805&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;312&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The creation and&#13;    release of the provision for impaired receivables have been included in &amp;#8220;Selling expenses&amp;#8221; in the Statements of&#13;    Income (Note 23).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s trade receivables comprise several classes. The maximum exposure to credit risk at the reporting date is the carrying&#13;amount of each class of receivables (see Note 5). The Group also has receivables from related parties neither of them is due nor&#13;impaired.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Due&#13;to the distinct characteristics of each type of receivables, an aging analysis of past due unimpaired and impaired receivables&#13;is shown by type and class, as of June 30, 2018 and 2017 (a column of non-past due receivables is also included so that the totals&#13;can be reconciled with the amounts appearing on the Statement of Financial Position):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Past&#13;    due&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Up&#13;    to 3 months&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;From&#13;    3 to 6 months&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Over&#13;    6 months&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-past&#13;    due&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Impaired&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;92&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,094&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;200&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,708&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10.86%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(79)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Hotel&#13;    services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;782&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;237&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;502&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,589&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10.10%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Consumer&#13;    financing &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.10%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of properties and developments &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;43&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.27%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of communication equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,184&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,184&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32.96%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Telecommunication&#13;    services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,101&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;87&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,188&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;45.70%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(190)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,072&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;43&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;354&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13,454&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;805&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,728&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(269)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&#13;    and services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;104&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;66&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;145&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,287&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7.98%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(40)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Hotel&#13;    services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;61&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;63&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.39%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Consumer&#13;    financing &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.10%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of properties and developments &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;61&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.38%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of communication equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,156&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,719&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,875&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30.23%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(168)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Telecommunication&#13;    services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;482&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;110&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,805&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;86&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,483&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21.60%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of products (supermarkets) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;76&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,342&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;39.33%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;642&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,334&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,767&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;356&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,127&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(208)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory>
    <ifrs-full:DisclosureOfCashFlowStatementExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash flow information&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Following&#13;is a detailed description of cash flows generated by the Group&amp;#8217;s operations for the years ended June 30, 2018, 2017 and&#13;2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 63%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; width: 5%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Nota&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21,295&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,220&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(817)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Adjustments&#13;    for&lt;/i&gt;:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    tax &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(124)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,766&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,325&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization&#13;    and depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    gain from fair value adjustment of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(22,605)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;72&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;41&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(Recovery)&#13;    Charge for impairment of property, plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    results, net &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,334&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(41)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(100)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(Increase)&#13;    / decrease in inventories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(21)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;51&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Decrease&#13;    in trading properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;510&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;53&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;48&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Decrease&#13;    in provisions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(202)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(85)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; 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   &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,736&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,015&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    cash generated by discontinued operating activities before income tax paid&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,144&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,280&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;892&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    cash generated by operating activities before income tax paid&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,320&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,907&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows balances incorporated as result of business combination / deconsolidation or reclassification of assets&#13;and liabilities to held for sale of subsidiaries:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 5%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,382)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;29,586&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Property,&#13;    plant and equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(28,801)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,712&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,104&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trading&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,656&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intangible&#13;    assets &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,188)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,603&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in associates and joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(365)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(74)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,268&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;53&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,681)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,905)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;591&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,713&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;    in financial assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,846)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,824&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(23)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(54)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inventories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,896)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Group&#13; 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   &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,129&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13; 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   &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-controlling&#13;    interest &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,329&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(8,630)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,391&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    amount of assets incorporated / held for sale &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(7,787)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;696&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(7,777)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    held before acquisition &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;67&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Seller&#13;    financing&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(38)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    and cash equivalents incorporated / held for sale &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(150)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,193&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    (outflow) inflow of cash and cash equivalents / assets and liabilities held for sale &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(7,825)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;613&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,416&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows a detail of significant non-cash transactions occurred in the years ended June 30, 2018, 2017 and 2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 71%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Decrease&#13;    in investments in associates and joint ventures through a decrease in borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;199&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; 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padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Increase&#13;    in trading properties through a decrease in trade and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Increase&#13;    in investment properties through a decrease in trading properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;353&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfCashFlowStatementExplanatory>
    <ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders&amp;#146; Equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Share&#13;capital and share premium&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;share capital of the Group is represented by common shares with a nominal value of Ps. 1 per share and one vote each. No other&#13;activity has been recorded for the fiscal years ended June 30, 2018, 2017 and 2016 in the capital accounts, other than those related&#13;to the acquisition of treasury shares.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Inflation&#13;adjustment of share capital &lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s Financial Statements were previously prepared on the basis of general price-level accounting which reflected changes&#13;in the purchase price of the Argentine Peso in the historical Financial Statements through February 28, 2003. The inflation adjustment&#13;related to share capital was appropriated to an inflation adjustment reserve that formed part of shareholders' equity. The balance&#13;of this reserve could be applied only towards the issuance of common stock to shareholders of the Company. CNV General Ruling&#13;592/11 requires that at the transition date to IFRS certain equity accounts, such as the inflation adjustment reserve, are not&#13;adjusted and are considered an integral part of share capital.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Legal&#13;reserve&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;According&#13;to Law N&amp;#176; 19,550, 5% of the profit of the year is destined to the constitution of a legal reserve until it reaches the legal&#13;capped amount (20% of total capital). This legal reserve is not available for dividend distribution and can only be released to&#13;absorb losses. The Group did not reach the legal limit of this reserve.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Special&#13;reserve&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;CNV, through General Ruling N&amp;#176; 562/9 and 576/10, has provided for the application of Technical Resolutions N&amp;#176; 26 and&#13;29 of the FACPCE, which adopt the IFRS, as issued by the IASB, for companies subject to the public offering regime ruled by Law&#13;17,811, due to the listing of their shares or corporate notes, and for entities that have applied for authorization to be listed&#13;under the mentioned regime. The Group has applied IFRS, as issued by the IASB, for the first time in the year beginning July 1&lt;sup&gt;st&lt;/sup&gt;,&#13;2012, being its transition date July 1&lt;sup&gt;st&lt;/sup&gt;, 2011. Pursuant to CNV General Ruling N&amp;#176; 609/12, the Company set up a&#13;special reserve reflecting the positive difference between the balance of retained earnings disclosed in the first Financial Statements&#13;prepared according to IFRS and the balance of retained earnings disclosed in the last Financial Statements prepared in accordance&#13;with previously effective accounting standards. The reserve recorded amounted to Ps. 395, which as of June 30, 2017 were fully&#13;used to absorb the negative balances in the retained earnings&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;account.&#13;During fiscal year ended June 30, 2017, the Company&amp;#8217;s Board of Directors decided to change the accounting policy of investment&#13;property from the cost method to the fair value method, as allowed by IAS 40. For this reason, as of the transition date, figures&#13;have been modified and, hence, the special reserve as set forth by General Ruling CNV N&amp;#176; 609/12 has been increased to Ps.&#13;2,751, which may only be reversed to be capitalized or to absorb potential negative balances under retained earnings.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Additional&#13;paid-in capital from treasury shares&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Upon&#13;sale of treasury shares, the difference between the net realizable value of the treasury shares sold and the acquisition cost&#13;will be recognized, whether it is a gain or a loss, under the non-capitalized contribution account and will be known as &amp;#8220;Treasury&#13;shares trading premium&amp;#8221;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Dividends&#13;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Shareholders Meeting held as of October 31, 2017 approved the dividends distribution of Ps. 1,400 (Ps. 2.41 per share), which&#13;were paid as of November 7, 2017. During the year ended June 30, 2017, there were no distributions of dividends.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory>
    <ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;17.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trade and other&#13;    payables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Group&amp;#8217;s&#13;trade and other payables as of June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,688&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sales,&#13;    rental and services payments received in advance &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,572&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,339&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Construction&#13;    obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,475&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,226&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accrued&#13;    invoices &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;948&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;633&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;37&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;73&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    trade payables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,720&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;21,064&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    payable to non-controlling shareholders &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;251&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    payables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;325&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;510&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Construction&#13;    obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;521&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;343&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,412&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,711&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    other payables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,381&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,815&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    trade and other payables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18,101&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23,879&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,484&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,040&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,617&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,839&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18,101&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23,879&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of payables approximates their respective carrying amounts because, due to their short-term nature, the effect of discounting&#13;is not considered significant. Fair values are based on discounted cash flows (Level 3).&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory>
    <ifrs-full:DisclosureOfProvisionsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Provisions &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group is subject to claims, lawsuits and other legal proceedings in the ordinary course of business, including claims from clients&#13;where a third party seeks reimbursement or damages. The Group&amp;#8217;s responsibility under such claims, lawsuits and legal proceedings&#13;cannot be estimated with certainty. From time to time, the status of each major issue is evaluated and its potential financial&#13;exposure is assessed. If the potential loss involved in the claim or proceeding is deemed probable and the amount may be reasonably&#13;estimated, a liability is recorded. The Group estimates the amount of such liability based on the available information and in&#13;accordance with the provisions of the IFRS. If additional information becomes available, the Group will make an evaluation of&#13;claims, lawsuits and other outstanding proceeding, and will revise its estimates.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows the movements in the Group's provisions categorized by type:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 37%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Legal&#13;    claims (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments&#13;    in associates and joint ventures (ii)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Site&#13;    dismantling and remediation&lt;/b&gt;&lt;br /&gt;&lt;b&gt;(iii)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Onerous&#13;    contracts&lt;/b&gt;&lt;br /&gt;&lt;b&gt;(iv)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    provisions&lt;/b&gt;&lt;br /&gt;&lt;b&gt;(v)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As&#13; 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vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;943&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,053&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;890&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,602&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,833&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&amp;#160;&amp;#160;&amp;#160;&#13;Additions and recoveries are included in "Other operating results, net".&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&amp;#160;&amp;#160;&#13;Corresponds to the equity interest in New Lipstick with negative equity. Additions and recoveries are included in "Share of profit&#13;/ (loss) of associates and joint ventures".&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&amp;#160;&amp;#160;&#13;The Group&amp;#8217;s companies are required to recognize certain costs related to the dismantling of assets and remediation of sites&#13;from the places where such assets are located. The calculation of such expenses is based on the dismantling value for the current&#13;year, taking into consideration the best estimate of future changes in prices, inflation, etc. and such costs are capitalized&#13;at a risk-free interest rate. Volume projections for retired or built assets are recast based on expected changes from technological&#13;rulings and requirements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iv)&amp;#160;&amp;#160;&#13;Provisions for other contractual obligations include a series of obligations resulting from a contractual liability or law, regarding&#13;which there is a high degree of uncertainty as to the terms and the necessary amounts to discharge such liability. &lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(v)&amp;#160;&amp;#160;&#13;In November 2009, PBC&amp;#8217;s Audit Committee and Board of Directors approved the agreement with Rock Real whereby the latter&#13;would look for and propose to PBC the acquisition of commercial properties outside Israel, in addition to assisting in the negotiations&#13;and management of such properties. In return, Rock Real would receive 12% of the net income generated by the acquired property.&#13;Pursuant to amendment 16 of the Israel Commercial Act 5759-1999, the agreement must be ratified by the Audit Committee before&#13;the third year after the effective date; otherwise, it expires. The agreement has not been ratified by the audit committee within&#13;such three-year term, so in January 2017 PBC issued a statement that hinted at the expiration of the agreement and informed that&#13;it would begin negotiations to reduce the debt that currently amounts to NIS 106 (equivalent to Ps. 836 of these Consolidated&#13;Financial Statements). The parties have appointed an arbitrator that should render a decision on the dispute. The remaining corresponds&#13;to provisions related to investment properties.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Dolphin&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;September 2016, a former non-controlling shareholder of IDBD (the "Petitioner") filed a petition with the district court of Be'er&#13;Sheva against Dolphin Netherlands, IFISA and Mr. Eduardo Elsztain (jointly referred to as "Dolphin"), to initiate a claim under&#13;a collective action (the &amp;#8220;Petition&amp;#8221;). The Petitioner argues that in executing the modified tender offer of IDBH (a&#13;former controlling company of IDBD), as explained in Note 4.H.a), the non-controlling shareholders of IDBD, which voted against&#13;the modification of the tender offer, were forced to sell their shares at a value that differed from the value initially agreed&#13;upon and that, therefore, Dolphin should compensate them for an estimated amount of NIS 158 (equivalent to Ps. 754 as of the date&#13;of these Consolidated Financial Statements). In July 2017, Dolphin filed a motion to dismiss the Petition. Our legal advisors&#13;consider that the collective petition will probably be dismissed by the Court. If not dismissed, Dolphin will have to file an&#13;answer to the Petition within the 60 days following the Court&amp;#8217;s decision regarding the motion to dismiss.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;IRSA&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;February 23, 2016, a class action was filed against IRSA, Cresud and some first-line managers and directors at the District Court&#13;of the USA for the Central District of California. The complaint, on behalf of people holding American Depositary Receipts of&#13;the Company between November 3, 2014 and December 30, 2015, claims presumed violations to the US federal securities laws. In addition,&#13;it argues that defendants have made material misrepresentations and made some omissions related to the Company&amp;#8217;s investment&#13;in IDBD.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Such&#13;complaint was voluntarily waived on May 4, 2016 by the plaintiff and filed again on May 9, 2016 with the US District Court for&#13;the Eastern District of Pennsylvania.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Furthermore,&#13;the Companies and some of its first-line managers and directors are defendants in a class action filed on April 29, 2016 with&#13;the US District Court for the Eastern District of Pennsylvania. The complaint, on behalf of people holding American Depositary&#13;Receipts of the Companies between May 13, 2015 and December 30, 2015, presumes violations to the US federal securities laws. In&#13;addition, it argues that defendants have made material misrepresentations and made some omissions related to the investment of&#13;the Company's subsidiary, IRSA, in IDBD.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Subsequently,&#13;the Companies requested the transfer of the claim to the district of New York, which was accepted.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;December 8, 2016, the Court appointed the representatives of each presumed class as primary plaintiffs and the lead legal advisor&#13;for each of the classes. On February 13, 2017, the plaintiffs of both classes filed a document containing certain amendments.&#13;The companies filed a petition requesting that the class action brought by shareholders should be dismissed. On April 12, 2017,&#13;the Court suspended the class action filed by shareholders until the Court decides on the petition of dismissal of such class&#13;action. Filing information on the motion to dismiss the collective remedy filed by shareholders of IRSA was completed on July&#13;7, 2017. The Court has yet to render a decision on the motion to dismiss.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;companies hold that such allegations are meritless and will continue making a strong defense in both actions.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Claims&#13;against Cellcom and its subsidiaries &lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the ordinary course of business, Cellcom receives various consumer complaints, mainly through collective actions. They allege&#13;excess collections, breach of agreements with customers and failure to comply with established norms or licenses, which could&#13;cause harm to consumers.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;addition, the company receives other claims from employees, subcontractors, suppliers and authorities, generally in relation to&#13;non-compliance with the provisions of the law with respect to payments upon termination of employment relationships, breach of&#13;contracts, violation of copyright and patents or disputes for payments demanded by the authorities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Claims&#13;against PBC&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;July 4, 2017, PBC was served notice from the tax authority of Israel of income tax official assessments based on a &amp;#8220;better&#13;assessment&amp;#8221; of taxes for the years 2012-2015, and concluded that PBC is required to pay approximately&lt;br style="clear: both" /&gt;&#13;NIS 187 (including interest) since compensation of losses is not admitted.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the opinion of legal advisors to PBC, the company has sound arguments against the Revenue Administration&amp;#8217;s position and&#13;will file its objection to it. As of the date of these Consolidated Financial Statements, there is no provision in relation to&#13;this claim.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfProvisionsExplanatory>
    <ifrs-full:DisclosureOfBorrowingsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Borrowings&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;breakdown and the fair value of the Group borrowings as of June 30, 2018 and 2017 was as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NCN&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;171,142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;108,417&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;183,338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;110,164&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bank&#13;    loans &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;31,244&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;31,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,048&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-recourse&#13;    loans &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,025&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,930&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bank&#13;    overdrafts &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;671&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;91&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;671&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;91&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    borrowings (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,576&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,870&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,761&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,828&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    borrowings&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;206,633&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;220,607&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;131,061&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;181,046&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;109,489&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,926&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total&#13;    &lt;b&gt;(ii)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;206,633&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Includes financial leases for Ps. 16 and Ps. 4 as of June 30, 2018 and 2017.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&#13;Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018 and 2017, total borrowings include collateralized liabilities (seller financing, leases and bank loans) of Ps.&#13;32,292 and Ps. 11,206, respectively. These borrowings are mainly collateralized by investment properties and property, plant and&#13;equipment of the Group (Notes 9 and 10). Borrowings also include liabilities under finance leases where the Group is the lessee&#13;and which therefore have to be measured in accordance with IAS 17 &amp;#8220;Leases&amp;#8221;. Information regarding liabilities under&#13;finance leases is disclosed in Note 21.&lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;terms of the loans include standard covenants for this type of financial operations. As of the date of these financial statements,&#13;the Group has complied with the covenants contemplated in its respective loan agreements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;maturity of the Group's borrowings (excluding obligations under finance leases) is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 51%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;    capital&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Less&#13;    than 1 year &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23,865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,672&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    1 and 2 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,352&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    2 and 3 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,728&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,998&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    3 and 4 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,887&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,918&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    4 and 5 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47,546&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,737&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than 5 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;66,054&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;57,438&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;204,802&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;128,115&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Less&#13;    than 1 year &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,714&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,253&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    1 and 2 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    2 and 3 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    3 and 4 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    4 and 5 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than 5 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,815&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,296&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;206,633&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following tables shows a breakdown of Group&amp;#8217;s borrowing by type of fixed-rate and floating-rate, per currency denomination&#13;and per functional currency of the subsidiary that holds the loans for the fiscal years ended June 30, 2018 and 2017.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13; 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   Israel Shekel&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fixed&#13;    rate:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;79&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;    Israel Shekel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35,867&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35,867&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,222&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;135&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentine&#13;    Peso&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;540&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;540&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;    Israel Shekel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;72,805&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;72,805&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,022&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subtotal&#13;    floating-rate borrowings&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;540&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,841&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;135&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;117,435&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,411&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Finance&#13;    leases obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13; 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   &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following describes the debt issuances made by the Group for the years ended June 30, 2018, and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 7.1pt 0 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Entity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Class&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Issuance&#13;    / expansion date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Amount&#13;    in original currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Maturity&#13;    date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 28%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Principal&#13; 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   &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Class&#13;    VII&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;sep-16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;384.2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9/9/2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Badlar&#13; 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   VIII&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;sep-16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&#13;    184.5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9/9/2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7%&#13;    n.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IRSA&#13;    CP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Class&#13;    IV&lt;/font&gt;&lt;/td&gt;&#13; 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   357&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/30/2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.3%&#13;    e.a&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; 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   &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    I&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;oct-16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    102&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6/29/2029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.95%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;PBC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    I&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;apr-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    431&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6/29/2029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.95%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;PBC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    I&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;oct-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    497&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6/29/2029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.95%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;PBC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    I&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;dec-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    496&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6/29/2029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.95%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gav&#13;    - Yam&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    F&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;apr-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    303&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3/31/2026&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.75%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13; 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   payments since 2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;biannual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cellcom&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    L&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; 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   &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;annual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Shufersal&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    E&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;jan-18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    544&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10/8/2028&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.3%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;    payments since 2018&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;annual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Shufersal&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    E&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;jan-18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    544&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10/8/2028&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.3%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;    payments since 2018&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;annual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 7.1pt 0 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD has the right&#13;    to make an early repayment, totally or partially. As a guarantee for the full compliance of all the commitments IDBD has pledged&#13;    approximately 60.4 million shares of DIC under a single fixed charge of first line and in guarantee of by means of the lien,&#13;    in an unlimited amount, in favor of the trustee for the holders of the debentures.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Corresponds a to&#13;    an expansion of the series. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 7.1pt 0 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DIC:&#13;On September 28, 2017 DIC offered the holders of Series F NCN to swap their notes for Series J NCN. Series J NCN terms and conditions&#13;differ substantially from those of Series F. Therefore, DIC recorded the payment of Series F NCN and recognized a new financial&#13;commitment at fair value for Series J NCN. As a result of the swap, DIC recorded a loss resulting from the difference between&#13;the Series F NCN cancellation value and the new debt value in the amount of approximately NIS 461 (equal to approximately Ps.&#13;2,228 as of that date), which was accounted for under &amp;#8220;Finance costs&amp;#8221; (Note 23).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD:&#13;On November 28, 2017, IDBD made an early redemption of the Series L NCN for an amount of NIS 424 (equivalent to approximately&#13;Ps. 2,120 as of the transaction date).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows a detail of evolution of borrowing during the years ended June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 67%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at the beginning of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;129,415&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;112,936&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,853&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;26,596&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Payment&#13;    of borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,969)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,780)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Obtention&#13;    / (payment) of short term loans, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;345&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(862)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interests&#13;    paid&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,999)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,326)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deconsolidation&#13;    (see Note 4.G.)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(21,310)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accrued&#13;    interests&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,288&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,192&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;    in fair value of third-party loans&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;114&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loans&#13;    received from associates and joint ventures, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment and exchange differences, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;96,892&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,659&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at the end of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; background-color: white; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;206,633&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; background-color: white; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfBorrowingsExplanatory>
    <ifrs-full:DisclosureOfIncomeTaxExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;20.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income tax&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s income tax has been calculated on the estimated taxable profit for each year at the rates prevailing in the respective&#13;tax jurisdictions. The subsidiaries of the Group in the jurisdictions where the Group operates are required to calculate their&#13;income taxes on a separate basis; thus, they are not permitted to compensate subsidiaries&amp;#8217; losses against subsidiaries income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Argentine&#13;tax reform&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;December 27, 2017, the Argentine Congress approved the Tax Reform, through Law No. 27,430, which was enacted on December 29, 2017,&#13;and has introduced many changes to the income tax treatment applicable to financial income. The key components of the Tax Reform&#13;are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Dividends:&#13;&lt;/u&gt;Tax on dividends distributed by argentine companies would be as follows: (i) dividends originated from profits obtained before&#13;fiscal year ending June 30, 2018 will not be subject to withholding tax; (ii) dividends derived from profits generated during&#13;fiscal years of the Company ending June 30, 2019 and 2020 paid to argentine individuals and/or foreign residents, will be subject&#13;to a 7% withholding tax; and (iii) dividends originated from profits obtained during fiscal year ending June 30, 2021 onward will&#13;be subject to withholding tax at a rate of 13%.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Income&#13;tax:&lt;/u&gt; Corporate income tax would be gradually reduced to 30% for fiscal years commencing after January 1, 2018 through December&#13;31, 2019, and to 25% for fiscal years beginning after January 1, 2020, inclusive.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Presumptions&#13;of dividends:&lt;/u&gt; Certain facts will be presumed to constitute dividend payments, such as: i) withdrawals from shareholders, ii)&#13;shareholders private use of property of the company, iii) transactions with shareholders at values different from market values,&#13;iv) personal expenses from shareholders or shareholder remuneration without substance.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Revaluation&#13;of assets:&lt;/u&gt; The regulation establishes that, at the option of the companies, tax revaluation of assets is permitted for assets&#13;located in Argentina and affected to the generation of taxable profits. The special tax on the amount of the revaluation depends&#13;on the asset, being (i) 8% for real estate not classified as inventories, (ii) 15% for real estate classified as inventories,&#13;(iii) 5% for shares, quotas and equity interests owned by individuals and (iv) 10% for the rest of the assets. As of the date&#13;of these Financial Statements, the Group has not exercised the option. The gain generated by the revaluation is exempted according&#13;to article 291 of Law 27,430 and, the additional tax generated by the revaluation is not deductible.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;addition, the argentine tax reform contemplates other amendments regarding the following matters: social security contributions,&#13;tax administrative procedures law, criminal tax law, tax on liquid fuels, and excise taxes, among others. As of the date of presentation&#13;of these Financial Statements, some aspects are pending regulation by the National Executive Power.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;US&#13;tax reform&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;December 2017, a bill was passed to reform the Federal Taxation Law in the United States. The reform included a reduction of the&#13;corporate tax rate from 35% to 21%, for the tax years 2018 and thereafter. The reform has impact in certain subsidiaries of the&#13;Group in the United States.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Israel&#13;tax reform&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;December 2016 the Israeli Government modified the income tax rate, generating a reduction from 25% to 24% for the 2017 calendar&#13;year and 23% for the 2018 calendar year onwards.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;details of the provision for the Group&amp;#8217;s income tax, is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&#13;    income tax &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(425)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(745)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(567)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;549&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,021)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,784)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MPIT&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;26&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income&#13;    tax from continuing operations &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;124&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(2,766)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(6,325)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;statutory taxes rates in the countries where the Group operates for all of the years presented are:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; padding-left: 11.35pt; width: 77%; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Tax&#13;    jurisdiction&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; width: 2%; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; padding-left: 2.8pt; width: 21%; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income&#13;    tax rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25%&#13;    - 35%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Uruguay&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0%&#13;    - 25%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;U.S.A.&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0%&#13;    - 45%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bermudas&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23%&#13;    - 24%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is a reconciliation between income tax expense and the tax calculated applying the current tax rate, applicable in the respective&#13;countries, to profit before taxes for years ended June 30, 2018, 2017 and 2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Loss&#13;    from continuing operations at tax rate applicable in the respective countries &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(3,571)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(1,963)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(5,622)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Permanent&#13;    differences:&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;    of profit of associates and joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(71)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;130&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(226)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Unrecognized&#13;    tax loss carryforwards (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,557)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,209)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(169)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;    in fair value of financial instruments (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(346)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;434&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Change&#13;    of tax rate (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,676&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;396&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(450)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-taxable&#13;    profit / (loss), non-deductible expenses and others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(554)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;116&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income&#13;    tax from continuing operations &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;124&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(2,766)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(6,351)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;MPIT&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;-&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;-&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;26&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Corresponds mainly to holding companies in the Operations Center in Israel&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&#13;As of June 30, 2018 corresponds to the effect of applying the changes in the tax rates applicable in accordance with the tax reform&#13;explained above, being Ps. 405 the effect of the rate change in US and Ps. 5,271 the effect of the rate change in Argentina. As&#13;of June 30, 2017 and 2016 the rate change was in Israel.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;tax assets and liabilities of the Group as of June 30, 2018 and 2017 will be recovered as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 69%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax asset to be recovered after more than 12 months &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,577&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax asset to be recovered within 12 months &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,093&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;159&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deferred&#13;    income tax assets &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,958&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,736&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax liability to be recovered after more than 12 months &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(32,597)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(19,027)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax liability to be recovered within 12 months &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(178)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,448)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deferred&#13;    income tax liability &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(32,775)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(28,475)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deferred&#13;    income tax assets (liabilities), net &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(25,817)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(22,739)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;movement in the deferred income tax assets and liabilities during the years ended June 30, 2018 and 2017, without taking into&#13;consideration the offsetting of balances within the same tax jurisdiction, is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; 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width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Charged&#13;    / (Credited) to the statements of income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deconsolidation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.18&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other payables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,956&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    loss carry-forwards &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,955&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax assets are recognized for tax loss carry-forwards to the extent that the realization of the related tax benefits through&#13;future taxable profits is probable. Tax loss carry-forwards may have expiration dates or may be permanently available for use&#13;by the Group depending on the tax jurisdiction where the tax loss carry-forward is generated. Tax loss carry forwards in Argentina&#13;and Uruguay generally expire within 5 years, while in Israel do not expire.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="color: #222222; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018, the Group's recognized tax loss carry forward prescribed as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 48%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 45%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,875&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Do&#13;    not expire&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,404&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,405&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;order to fully realize the deferred tax asset, the respective companies of the Group will need to generate future taxable income.&#13;To this aim, a projection was made for future years when deferred assets will be deductible. Such projection is based on aspects&#13;such as the expected performance of the main macroeconomic variables affecting the business, production issues, pricing, yields&#13;and costs that make up the operational flows derived from the regular exploitation of fields and other assets of the group, the&#13;flows derived from the performance of financial assets and liabilities and the income generated by the Group&amp;#8217;s strategy&#13;of crop rotation. Such strategy implies the purchase and/or development of fields in marginal areas or areas with a high upside&#13;potential and periodical sale of such properties that are deemed to have reached their maximum appreciation potential.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Based&#13;on the estimated and aggregate effect of all these aspects on the companies&amp;#8217; performance, Management estimates that as at&#13;June 30, 2018, it is probable that the Company will realize all of the deferred tax assets.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group did not recognize deferred income tax assets (tax loss carry forwards) of Ps. 132,442 and Ps. 131,748 as of June 30, 2018&#13;and 2017, respectively. Although management estimates that the business will generate sufficient income, pursuant to IAS 12, management&#13;has determined that, as a result of the recent loss history and the lack of verifiable and objective evidence due to the subsidiary&amp;#8217;s&#13;results of operations history, there is sufficient uncertainty as to the generation of sufficient income to be able to offset&#13;losses within a reasonable timeframe, therefore, no deferred tax asset is recognized in relation to these losses.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group did not recognize deferred income tax liabilities of Ps. 1,722 and Ps. 1,792 as of June 30, 2018 and 2017, respectively,&#13;related to their investments in foreign subsidiaries, associates and joint ventures. In addition, the withholdings and/or similar&#13;taxes paid at source may be creditable against the Group&amp;#8217;s potential final tax liability.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;June 30, 2018 and 2017, the Group recognized a deferred liability in the amount of Ps. 623 and Ps. 857, respectively, related&#13;to the potential future sale of one of its subsidiaries shares.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD&#13;and DIC assess whether it is necessary to recognize deferred tax liabilities for the temporary differences arising in relation&#13;to its investments in subsidiaries; in this respect, IDBD, DIC and PBC estimate that if each of them is required to dispose of&#13;its respective holdings in subsidiaries, they would not be liable to income tax on the sale and, for such reason, they did not&#13;recognize the deferred tax liabilities related to this difference in these Consolidated Financial Statements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group has assessed that the sale of Ispro is probable in the near future, so that the corresponding deferred liability has been&#13;recognized in these Consolidated Financial statements. This investment does not comply with the requirements of IFRS 5 for classification&#13;as held for sale.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfIncomeTaxExplanatory>
    <ifrs-full:DisclosureOfLeasesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;21.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Leases&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;The&#13;Group as lessee&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operating&#13;leases:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the ordinary course of business, the Group leases property or spaces for administrative or commercial use both in Argentina and&#13;Israel under operating lease arrangements. The agreements entered into include several clauses, including but not limited, to&#13;fixed, variable or adjustable payments. Some leases were agreed upon with related parties (Note 29).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;future minimum payments that the Group must pay under operating leases are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 51%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;No&#13;    later than one year &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,173&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,901&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,860&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than one year and not later than five years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,477&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,949&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,705&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than five years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;655&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,869&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,127&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,305&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,719&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,692&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Finance&#13;leases:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group is party to several financial lease agreements, mainly of equipment for administrative use in the ordinary course of business.&#13;The amounts involved are not material to any of the fiscal years under review.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;The&#13;Group as lessor&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operating&#13;leases:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.7pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the Shopping Malls segment and Offices segment of the Operations Center in Argentina and in the Real Estate segment of the Operations&#13;Center in Israel, the Group enters into operating lease agreements typical in the business. Given the diversity of properties&#13;and lessees, and the various economic and regulatory jurisdictions where the Group operates, the agreements may adopt different&#13;forms, such as fixed, variable, adjustable leases, etc. For example, in the Operations Center in Argentina, operating lease agreements&#13;with lessees of Shopping Malls generally include escalation clauses and contingent payments. In Israel, agreements tend to be&#13;agreed upon for fixed amounts, although in some cases they may include adjustment clauses. Income from leases are recorded in&#13;the Statement of Income under rental and service income in all of the filed periods.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;properties are considered to be investment property. Book value is included in Note 9. The future minimum proceeds under non-cancellable&#13;operating leases from Group&amp;#8217;s shopping malls, offices and other buildings are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 50%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;No&#13;    later than one year &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,813&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,437&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,137&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than one year and not later than five years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,371&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,451&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,361&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than five years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,290&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,632&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,247&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;35,474&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;21,520&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;20,745&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Finance&#13;leases:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group does not act as a lessor in connection with finance leases.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfLeasesExplanatory>
    <ifrs-full:DisclosureOfRevenueExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Revenues&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 52%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    from communication services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,392&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,958&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,956&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    and services income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,671&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,537&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of communication equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,955&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,006&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,844&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of trading properties and developments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,818&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,454&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;191&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;    from hotel operation and tourism services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,040&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;766&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;557&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;212&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;283&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;171&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Group&amp;#8217;s revenues &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;33,088&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;27,004&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,916&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfRevenueExplanatory>
    <ifrs-full:DisclosureOfExpensesByNatureExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Expenses by nature&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group disclosed expenses in the statements of income by function as part of the line items &amp;#8220;Costs&amp;#8221;, &amp;#8220;General&#13;and administrative expenses&amp;#8221; and &amp;#8220;Selling expenses&amp;#8221;. The following tables provide additional disclosure regarding&#13;expenses by nature and their relationship to the function within the Group as of June 30, 2018, 2017 and 2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 49%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Costs&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;General&#13;    and administrative expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Selling&#13;    expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;    of sale of goods and services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,219&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,219&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Salaries,&#13;    social security costs and other personnel expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,455&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,627&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,485&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,567&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&#13;    and amortization&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,250&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;575&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;912&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,737&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fees&#13;    and payments for services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;859&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;66&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,755&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Maintenance,&#13;    security, cleaning, repairs and others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,689&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;146&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;96&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,931&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advertising&#13;    and other selling expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;270&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,272&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;605&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interconnection&#13;    and roaming expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,576&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Director&amp;#180;s&#13;    fees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;228&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&#13;    and service charges&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;269&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28,161&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 50%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; 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   &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Selling&#13;    expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;204&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;804&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;460&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;326&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,590&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,033&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,219&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; 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   &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 14%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;General&#13;    and administrative expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Selling&#13;    expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,557&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Salaries,&#13;    social security costs and other personnel expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,202&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;726&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advertising&#13;    and other selling expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;282&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;472&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;754&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes,&#13;    rates and contributions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;223&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;150&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;387&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interconnection&#13;    and roaming expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&#13;    and service charges&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;50&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allowance&#13;    for doubtful accounts, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;62&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;70&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,614&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;141&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;132&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,887&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,036&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,639&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,842&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,517&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfExpensesByNatureExplanatory>
    <ifrs-full:DisclosureOfCostOfSalesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cost of goods sold and services provided&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 64%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inventories&#13;    at the beginning of the year (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,216&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Purchases&#13;    and expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;69,910&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;54,426&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalized&#13;    finance costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,874&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,687&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deconsolidation&#13;    (Note 4.G)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,276)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    to investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(353)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Incorporated&#13;    by business combination&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inventories&#13;    at the end of the year (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,880)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(10,041)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    costs&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;69,716&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;55,315&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;Includes the cost of goods sold from Shufersal which was reclassified as discontinued operations for an amount of Ps. 45,087,&#13;as of June 30, 2018 and Ps. 39,282 as of June 30, 2017.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table presents the composition of the Group&amp;#8217;s inventories for the years ended June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 57%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    estate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,275&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,804&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Supermarkets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,873&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Telecommunications&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;592&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;320&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    inventories at the end of the year (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,880&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,041&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Inventories includes trading properties and inventories.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfCostOfSalesExplanatory>
    <ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;25.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other operating&#13;    results, net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 42.55pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 52%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gain&#13;    from disposal of an associate (1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;311&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Donations&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(67)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(123)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(58)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lawsuits&#13;    and other contingencies (2) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;406&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(22)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Currency&#13;    translation adjustment reversal (3) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(68)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(102)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(88)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    other operating results, net &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;582&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(206)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(32)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Includes the gain&#13;    from the sale of the Group&amp;#8217;s equity interest in Cloudyn for Ps. 252.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As of June 30, 2018,&#13;    includes the favorable ruling of a trial in the Operations Center in Israel for an amount of approximately Ps. 435. Includes&#13;    legal costs and expenses Includes legal costs and expenses&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As of June 30, 2017,&#13;    it pertains to the reversal of the cumulative translation adjustment generated by IMadison, a subsidiary liquidated during&#13;    that fiscal year. As of June 30, 2016, Ps. 143 correspond to the reversal of cumulative translation adjustment before the&#13;    business combination with IDBD and Ps. 9 to the reversal of the reserve of the cumulative translation adjustment generated&#13;    in Rigby following the dissolution of the company.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory>
    <irsa:DisclosureOfFinancialResultsNetExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;26.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial results, net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 57%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Finance&#13;    income:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Interest income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;740&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;704&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;619&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Foreign exchange gain &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;939&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;165&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;573&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Dividends income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;72&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    finance income &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,761&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;937&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,264&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Finance&#13;    costs:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Interest expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7,745)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,620)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Other finance costs &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(356)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(743)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(621)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subtotal&#13;    finance costs &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(21,132)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(8,075)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(5,571)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalized&#13;    finance costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    finance costs &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(21,058)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(8,072)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(5,571)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    financial results:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Fair value gain of financial assets and liabilities at fair value through profit or loss, net &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;426&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,928&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,445)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Gain on derivative financial instruments, net &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;170&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;112&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;927&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    other financial results &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13; 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padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(518)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    financial results, net &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(18,701)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(4,095)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(4,825)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfFinancialResultsNetExplanatory>
    <ifrs-full:EarningsPerShareExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;27.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Earnings per share&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Georgia, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(a)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;Basic&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Basic&#13;earnings per share amounts are calculated in accordance with IAS 33 "Earning per share" by dividing the profit attributable to&#13;equity holders of the Group by the weighted average number of ordinary shares outstanding during the year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 65%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year of continuing operations attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,278&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,383&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,635&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year of discontinued operations attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,725&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,647&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;338&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,030&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,973&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average number of ordinary shares outstanding&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;575&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;575&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;575&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Basic&#13;    earnings per share&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;26.09&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5.27&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15.61&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Georgia, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;Diluted&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Diluted&#13;earnings per share amounts are calculated by adjusting the weighted average number of ordinary shares outstanding to assume conversion&#13;of all dilutive potential shares. The Group holds treasury shares associated with incentive plans with potentially dilutive effect.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 65%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year of continuing operations attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,278&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,383&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,635&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year of discontinued operations attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,725&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,647&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;338&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year per share attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,030&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,973&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average number of ordinary shares outstanding&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;579&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Diluted&#13;    earnings per share&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;25.91&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5.23&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15.50&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:EarningsPerShareExplanatory>
    <ifrs-full:DisclosureOfEmployeeBenefitsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Employee benefits&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 42.55pt; text-align: justify; text-indent: -7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Incentive&#13;Plan - Argentina&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group has an equity incentives plan (&amp;#8220;Incentive Plan&amp;#8221;), created in September 30, 2011, which is aimed at certain employees,&#13;directors and top management of the Company, IRSA CP and Cresud (the &amp;#8220;Participants&amp;#8221;). Engagement is voluntary and&#13;by invitation of the Board of Directors.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Under&#13;the Incentive Plan, over the years 2011, 2012 and 2013, Participants will be entitled to receive shares ("Contributions") of the&#13;Company and Cresud based on a percentage of their annual bonus for the years 2011, 2012 and 2013, providing they remain as employees&#13;of the Company for at least five years, among other conditions required, to qualify for such Contributions. Contributions shall&#13;be held by the Company and Cresud, and as the conditions established by the Plan are verified, such contributions shall be transferred&#13;to the Participants. In spite of this, the economic rights of the shares in the portfolio assigned to said participants will be&#13;received by them.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Regarding&#13;the shares to be delivered by Cresud to the employees of the company and IRSA CP, and for the shares to be delivered by IRSA to&#13;Cresud employees, the Group accounts the active or passive position measured at the closing date of the financial statements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018 and 2017, a reserve has been set up under Shareholders&amp;#8217; equity as a result of this Incentive Plan for Ps.&#13;79 and Ps. 78, respectively, based on the market value of the shares to be granted pertaining to the Group&amp;#8217;s contributions,&#13;proportionately to the period already elapsed for the vesting of shares in the Incentive Plan and adjusted for the probability&#13;that any beneficiary should leave the Group before the term and/or the conditions required to qualify for the benefits of said&#13;plan are met at each fiscal year-end.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;the fiscal years ended June 30, 2018, 2017 and 2016, the Group has incurred a charge related to the Incentive Plan of Ps. 9.8,&#13;Ps. 15.9 and Ps. 21.3, respectively. As of June 30, 2018, the total expense has been recognized for having completed the necessary&#13;period to grant the total stocks for this benefit. The unrecognized expense for the periods ended June 30, 2017 and 2016 was Ps.&#13;6.8 and Ps. 16.1 respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Movements&#13;in the number of matching shares outstanding under the incentive plan corresponding to the Company&amp;#180;s contributions are as&#13;follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 45%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;At&#13;    the beginning &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,507,947&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,619,599&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,439,507&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additions&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disposals&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(10,169)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(117,367)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Granted&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(160,746)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(101,483)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(702,541)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;At&#13;    the end &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,347,201&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,507,947&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,619,599&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value determined at the time of granting the plan after obtaining all the corresponding authorizations was Ps. 23.5 per share&#13;of IRSA and of Ps. 16.45 per share of Cresud. This fair value was estimated by taking into account the market price of the shares&#13;of the Company on said date.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 42.55pt; text-align: justify; text-indent: -7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Defined&#13;contribution plan - Argentina&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group operates a defined contribution plan (the &amp;#8220;Plan&amp;#8221;) which covers certain selected managers from Argentina. The&#13;Plan was effective as from January 1, 2006. Participants can make pre-tax contributions to the Plan of up to 2.5% of their monthly&#13;salary (&amp;#8220;Base Contributions&amp;#8221;) and up to 15% of their annual bonus (&amp;#8220;Extraordinary Contributions&amp;#8221;). Under&#13;the Plan, the Group matches employee contributions to the plan at a rate of 200% for Base Contributions and 300% for Extraordinary&#13;Contributions.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;All&#13;contributions are invested in funds administered outside of the Group. Participants or their assignees, as the case may be, will&#13;have access to the 100% of the Company contributions under the following circumstances:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;ordinary retirement&#13;    in accordance with applicable labor regulations;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;total or permanent&#13;    incapacity or disability; &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;death.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;case of resignation or termination without fair cause, the manager will receive the Group&amp;#8217;s contribution only if he or she&#13;has participated in the Plan for at least 5 years.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contributions&#13;made by the Group under the Plan amount to Ps. 32 and Ps. 21 for the fiscal years ended June 30, 2018 and 2017, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Share&#13;base plans associated with certain key members of the management - Israel&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DIC&#13;and Cellcom have granted an options benefit plans to key management personnel. For the years ended June 30, 2018, 2017 and 2016,&#13;the Group has incurred an expense in relation to said benefit plans of Ps. 40.6, Ps. 15.9 and Ps. 21.3, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows the detail of the options pending at year end:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;DIC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Cellcom&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Exercise&#13;    price range of outstanding options&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;NIS&#13;    2.92-8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&amp;#160;NIS&#13;    25.65-51.48&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Average&#13;    price of outstanding options&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;NIS&#13;    6.46&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;NIS&#13;    28.3 &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Amount&#13;    of outstanding options&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;4,745,090&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;918,665&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Average&#13;    remaining useful life&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;4.75&#13;    years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;1.61&#13;    years &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of the options was calculated according to the Black-Scholes method, which included assumptions such as the value of&#13;the share at the date of granting the plan, expected volatility, expected life of the option or the risk-free rate.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Employee&#13;benefits - Israel&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Benefits&#13;to hired employees include post-employment benefits, retirement benefits, share-based plans and other short and long-term benefits.&#13;The Group&amp;#8217;s liabilities in relation to severance pay and/or retirement benefits of Israeli employees are calculated in accordance&#13;with Israeli laws.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present&#13;    value of unfunded obligations &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;316&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;673&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;572&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present&#13;    value of funded obligations &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;371&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,789&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,070&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    present value of defined benefits obligations (post-employment) &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;687&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,462&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,642&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;    value of plan assets &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(592)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,703)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,101)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Recognized&#13;    liability for defined benefits obligations &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;95&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;759&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;541&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Liability&#13;    for other long-term benefits &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;148&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    recognized liabilities &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;110&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;763&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;689&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assets&#13;    designed for payment of employee benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    position from employee benefits &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;110&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;763&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;685&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfEmployeeBenefitsExplanatory>
    <ifrs-full:DisclosureOfRelatedPartyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="margin: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;29. Related party transactions&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the normal course of business, the Group conducts transactions with different entities or parties related to it.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Remunerations&#13;of the Board of Directors&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Business Companies Act of Argentina (Law N&amp;#176; 19,550), provides that the remuneration to the Board of Directors, where it is&#13;not set forth in the Company&amp;#8217;s by-laws, shall be fixed by the Shareholders' Meetings. The maximum amount of remuneration&#13;that the members of the Board are allowed to receive, including salary and other performance-based remuneration of permanent technical-administrative&#13;functions, may not exceed 25% of the profits.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Such&#13;maximum amount is limited to 5% where no dividends are distributed to the Shareholders, and will be increased proportionately&#13;to the distribution, until reaching such cap where total profits are distributed.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Some&#13;of the Group's Directors are hired under the Employment Contract Law N&amp;#176; 20,744. This Act rules on certain conditions of the&#13;work relationship, including remuneration, salary protection, working hours, vacations, paid leaves, minimum age requirements,&#13;workmen protection and forms of suspension and contract termination. The remuneration of directors for each fiscal year is based&#13;on the provisions established by the Business Companies Act, taking into consideration whether such directors perform technical-administrative&#13;functions and depending upon the results recorded during the fiscal year. Once such amounts are determined, they should be approved&#13;by the Shareholders&amp;#8217; Meeting.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Senior&#13;Management remuneration&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;members of the Group&amp;#8217;s senior management are appointed and removed by the Board of Directors, and perform functions in accordance&#13;with the instructions delivered by the Board itself.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s Senior Management in the Operation Center in Argentina is composed of as follows:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 23%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Name&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Date&#13;    of Birth&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 36%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Actual&#13;    position since&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Eduardo&#13;    S. Elsztain&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;01/26/1960&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General&#13;    Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1991&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Daniel&#13;    R. Elsztain&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/22/1972&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operating&#13;    Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Arnaldo&#13;    Jawerbaum&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;08/13/1966&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;    Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mat&amp;#237;as&#13;    I. Gaivironsky&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;02/23/1976&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Administrative&#13;    and Financial Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s Senior Management in the Operation Center in Israel is composed of as follows:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 23%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Name&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Date of Birth&#13;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 36%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Actual position since&#13;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sholem&#13;    Lapidot&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22/10/1979&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General&#13;    Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gil&#13;    Kotler&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10/04/1966&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Aaron&#13;    Kaufman&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;03/03/1970&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Vice&#13;    president and General Assessor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;total remuneration paid to members of senior management for their functions consists of a fix salary that takes account of the&#13;manager's backgrounds capacity and experience, plus an annual bonus based on their individual performance and the Group's results.&#13;Members of senior management participate in defined contributions and share-based incentive plans that are described in Note 28.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;aggregate compensation to the Senior Management of the Operations Center in Argentina for the year ended June 30, 2018 amounts&#13;to Ps. 23.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;aggregate compensation to the Senior Management of the Operations Center in Israel for the year ended June 30, 2018 amounts to&#13;Ps. 67.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Corporate&#13;Service Agreement with Cresud and IRSA CP&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;due course, given that IRSA, Cresud and IRSA CP have operating overlapping areas, the Boards of Directors considered precedent&#13;to share certain services and thereby optimize operating costs, building on and enhancing the individual efficiencies of each&#13;of the companies in the different areas of operational management.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;this purpose, on June 30, 2004, a Framework Agreement for the Exchange of Corporate Services ("Framework Agreement") was signed&#13;by IRSA, Cresud and IRSA CP, which was modified afterwards on the following dates: August 23, 2007; August 14, 2008; November&#13;27, 2009; March 12, 201; July 11, 2011; October 15, 2012; November 12, 2013; February 24, 2014; February 18, 2015; November 12,&#13;2015; May 5, 2017 and June 29, 2018.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Under&#13;this Framework Agreement, corporate services are provided in the following areas: Corporate Human Resources, Administration and&#13;Finance, Planning, Institutional Relations, Compliance, Shared Services Center, Administration for the Real Estate Business, Board&#13;of Directors, Human Resources for the Real Estate Business, Security, Corporate Legal department, Corporate Environment and Quality&#13;department, Technical Management, Infrastructure and Purchasing, Investments, Government Affairs, Hotels, Fraud Prevention, Bol&amp;#237;var,&#13;Attorneys, Audit Committee, Security.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Pursuant&#13;to this agreement, the companies hired an external consulting firm to review and evaluate half-yearly the criteria used in the&#13;process of liquidating the corporate services, as well as the basis for distribution and source documentation used in the process&#13;indicated above, by means of a half-yearly report.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;operations described above allows IRSA, Cresud and IRSA CP to keep its strategic and commercial decisions fully independent and&#13;confidential, with a cost and profit allocation on the basis of operating efficiency and equity.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Offices&#13;and Shopping Malls spaces leases&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;offices of our President are located at 108 Bolivar, in the Autonomous City of Buenos Aires. The property has been rented to Isaac&#13;Elsztain e Hijos S.A., a company controlled by some family members of Eduardo Sergio Elsztain, our president, and to Hamonet S.A.,&#13;a company controlled by Fernando A. Elsztain, one of our directors, and some of his family members.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;addition, Tarshop, BACS, BHN Sociedad de Inversi&amp;#243;n S.A., BHN Seguros Generales S.A. and BHN Visa S.A. rent offices owned&#13;by IRSA CP in different buildings.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Furthermore,&#13;we also let various spaces in our shopping malls (stores, stands, storage space or advertising space) to third parties and related&#13;parties such as Tarshop S.A. and BHSA.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Donations&#13;granted to Fundaci&amp;#243;n IRSA and Fundaci&amp;#243;n Museo de los Ni&amp;#241;os&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fundaci&amp;#243;n&#13;IRSA is a non-profit charity institution that seeks to support and generate initiatives concerning education, the promotion of&#13;corporate social responsibility and the entrepreneurial spirit of the youth. It carries out corporate volunteering programs and&#13;fosters donations by the employees. The main members of Fundaci&amp;#243;n IRSA's Board of Directors are: Eduardo S. Elsztain (President);&#13;Saul Zang (Vice President I), Alejandro Elsztain (Vice President II) and Mariana C. de Elsztain (secretary). It funds its activities&#13;with the donations made by us, Cresud and IRSA CP.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fundaci&amp;#243;n&#13;Museo de los Ni&amp;#241;os is a non-profit association, created by the same founders of Fundaci&amp;#243;n IRSA and its Management Board&#13;is formed by the same members as Fundaci&amp;#243;n IRSA. Fundaci&amp;#243;n Museo de los Ni&amp;#241;os acts as special vehicle for the development&#13;of "Museo de los Ni&amp;#241;os, Abasto" and "Museo de los Ni&amp;#241;os, Rosario". On October 29, 1999, our shareholders approved the&#13;award of the agreement &amp;#8220;Museo de los Ni&amp;#241;os, Abasto&amp;#8221; to Fundaci&amp;#243;n Museo de los Ni&amp;#241;os. On October 31,&#13;1997, IRSA CP entered into an agreement with Fundaci&amp;#243;n IRSA whereby it loaned 3,800 square meters of the area built in the&#13;Abasto Shopping mall for a total term of 30 years, and on November 29, 2005, shareholders of IRSA CP approved another agreement&#13;entered into with Fundaci&amp;#243;n Museo de los Ni&amp;#241;os whereby 2,670.11 square meters built in the Alto Rosario shopping mall&#13;were loaned for a term of 30 years. Fundaci&amp;#243;n IRSA has used the available area to house the museum called &amp;#8220;Museo de&#13;los Ni&amp;#241;os, Abasto&amp;#8221; an interactive learning center for kids and adults, which was opened to the public in April 1999.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Legal&#13;Services&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group hires legal services from Estudio Zang, Bergel &amp;#38; Vi&amp;#241;es, at which Sa&amp;#250;l Zang is a partner and sits at the Board&#13;of Directors of the Group companies.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Purchase&#13;and sale of goods and/or service hiring&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the normal course of its business and with the aim of making resources more efficient, in certain occasions purchases and/or hires&#13;services which later sells and/or recovers for companies or other related parties, based upon their actual utilization.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sale&#13;of advertising space in media&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Our&#13;company and our related parties frequently enter into agreements with third parties whereby we sell/acquire rights of use to advertise&#13;in media (TV, radio stations, newspapers, etc.) that will later be used in advertising campaigns. Normally, these spaces are sold&#13;and/or recovered to/from other companies or other related parties, based on their actual use.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Purchase&#13;and sale of financial assets&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group usually invests excess cash in several instruments that may include those issued by related companies, acquired at issuance&#13;or from unrelated third parties through secondary market deals.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investment&#13;in investment funds managed by BACS&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group invests its liquid funds in mutual funds managed by BACS among other entities.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Borrowings&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the normal course of its activities, the Group enters into diverse loan agreements or credit facilities between the group&amp;#8217;s&#13;companies and/or other related parties. These borrowings generally accrue interests at market rates.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;and service operations with BHSA&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group works with several financial entities in the Argentine market for operations including, but not limited to, credit, investment,&#13;purchase and sale of securities and financial derivatives. Such entities include BHSA and its subsidiaries. BHSA and BACS usually&#13;act as underwriters in Capital Market transactions. In addition, we have entered into agreements with BHSA, who provides collection&#13;services for our shopping malls.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Loan&#13;between Dolphin and IDBD&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;described in Note 8 to these Consolidated Financial Statements Dolphin has granted a series of subordinated loans to IDBD (&amp;#8220;the&#13;debt&amp;#8221;). This debt has the following characteristics: i) it is subordinated, even in the case of insolvency, to all current&#13;or future debts of IDBD; (ii) will be reimbursed after payment of all the debts to their creditors; (iii) accrues interest at&#13;a rate of 0.5%, which will be added to the amount of the debt and will be payable only on the date the subordinated debt is amortized;&#13;(iv) Dolphin will not have a right to participate or vote in the meetings with IDBD creditors with respect to the subordinated&#13;debt; (v) as from January 1, 2016, Dolphin has the right, at its own discretion, to convert&amp;#160;the debt balance into IDBD shares,&#13;at that time, whether wholly or partially, including the interest accrued over the debt until that date; (vi) if Dolphin opts&#13;to exercise the conversion, the debt balance will be converted so that Dolphin will receive IDBD shares according to a share price&#13;that will be 10% less than the average price of the last 30 days prior to the date the conversion option is exercised. In the&#13;event there is no market price per share, it will be determined in accordance with an average of three valuations made by external&#13;or independent experts, who shall be determined by mutual consent and, in the event of a lack of consent, will be set by the President&#13;of the Institute of Certified Public Accountants in Israel.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following is a summary presentation of the balances with related parties as of June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 70%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Item&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;748&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,434&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Investments&#13;    in financial assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;343&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;324&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(191)&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(11&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;890&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;1,575&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 24%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;&amp;#160;Related&#13;    company&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 22%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Description&#13;    of transaction&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 22%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;&amp;#160;Item&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Manibil&#13;    S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px dashed"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed"&gt;&amp;#160;72&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px dashed"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed"&gt;&amp;#160;84&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&amp;#160;Contributions&#13;    in advance&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&amp;#160;Trade&#13;    and other receivables&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;1,575&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;&amp;#160;Includes CAMSA. 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;IFISA&#13;    (see Note 4.)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,968&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Acquisition&#13;    of non-controlling interest&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&#13;    other transactions&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;2,124&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;160&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;/p&gt;</ifrs-full:DisclosureOfRelatedPartyExplanatory>
    <ifrs-full:DisclosureOfRedesignatedFinancialAssetsAndLiabilitiesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;30.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign currency&#13;    assets and liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; border-left: black 2.25pt double; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 46%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Item&#13;    / Currency (1)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Amount&#13;    (2)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange&#13;    rate (3)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of 06.30.18&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Amount&#13;    (2)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange&#13;    rate (3)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of 06.30.17&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trade&#13;    and other receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.750&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,202&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.530&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;572&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Euros&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33.540&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;179&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.848&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;172&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Receivables&#13;    with related parties:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;51&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.850&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,466&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;855&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    trade and other receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,847&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,599&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Restricted&#13; 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line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; 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margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&amp;#160;&amp;#160;&#13;Stated in millions of units in foreign currency. Considering foreign currencies those that differ from each Group&amp;#8217;s functional&#13;currency at each year-end.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&amp;#160;&amp;#160;&#13;Exchange rate as of June 30, of each year according to Banco Naci&amp;#243;n Argentina records.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&amp;#160;&amp;#160;&#13;The Group uses derivative instruments as complement in order to reduce its exposure to exchange rate movements (see Note 13).&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfRedesignatedFinancialAssetsAndLiabilitiesExplanatory>
    <irsa:DisclosureOfGroupsOfAssetsAndLiabilitiesHeldForSaleExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;31.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Groups of assets and liabilities held for sale&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;mentioned in Note 4.F., the investment in Israir has been reclassified to "Group of assets and liabilities held for sale". Additionally,&#13;IDB Tourism is currently negotiating the sale of its equity interests in Open Sky Ltd. Furthermore, the equity interest of the&#13;Group in Adama and the related non-recourse loan, had been reclassified to assets and liabilities held for sale before the disposal&#13;as of November 22, 2016 (Note 4.H.). Additionally, an area adjacent to Tilvoli, valued at Ps. 521 is included.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Pursuant&#13;to IFRS 5, assets and liabilities held for sale have been valued at the lower between their carrying value and fair value less&#13;cost of sale. Given some assets&amp;#8217; carrying value was higher, an impairment loss of Ps. 231 has been recorded for the year&#13;ended June 30, 2017.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows the main assets and liabilities classified as held for sale:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 65%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Property,&#13;    plant and equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,698&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,712&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intangible&#13;    assets &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in associates &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax assets &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;103&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;57&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;521&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    tax credits &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,444&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;688&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    and cash equivalents &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;347&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    group of assets held for sale&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,192&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,681&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other payables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,957&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;930&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Salaries&#13;    and social security liabilities &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;148&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Employee&#13;    benefits &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;150&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax liability &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,120&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;715&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    group of liabilities held for sale&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,243&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,855&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    net assets held for sale&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,949&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;826&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfGroupsOfAssetsAndLiabilitiesHeldForSaleExplanatory>
    <ifrs-full:DisclosureOfDiscontinuedOperationsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;32.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Results from&#13;    discontinued operations&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;results of Shufersal, Israir and IDB Tourism operations, the share of profit of Adama and the finance costs associated to its&#13;non-recourse loan, until Adama&amp;#8217;s sale, and the results from sale of the investment in Adama and Shufersal have been reclassified&#13;in the Statements of Income under discontinued operations.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 12%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 12%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(39,282)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(15,073)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(857)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(294)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Selling&#13;    expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,042)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,655)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,955)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    results, net&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(656)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,925)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;41&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit&#13;    before income tax&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; 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vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;839&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    tax &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(370)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(140)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,093&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;817&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit&#13;    for the year from discontinued operations attributable to:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity&#13;    holders of the parent &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,725&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,446&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;479&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit&#13;    per share from discontinued operations attributable to equity holders of the parent:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Basic&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.91&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.86&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.59&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Diluted&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.80&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.84&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.58&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Includes the result of the loss of control of Shufersal (see note 4.G) as of June 30, 2018 and the sale of Adama, which generated&#13;a profit of Ps. 4,216 in the year ended June 30, 2017.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&#13;As of June 30, 2018, 2017 and 2016, Ps. 60,470, Ps. 47,168 and Ps 18,607 of the total revenues from discontinued operations and&#13;Ps 12,377, Ps. 1,075 and Ps. 373 of the total profit from discontinued operations corresponds to Shufersal.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfDiscontinuedOperationsExplanatory>
    <ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="margin: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;33. Subsequent events&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="margin: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Partial&#13;prepayment of IDBD debentures&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Board of Directors of IDBD resolved to perform a partial prepayment of series M debentures of IDBD which took place on August&#13;28, 2018. The partial prepayment amounted to NIS 146 million (approximately Ps 1,491 as of the date of issuance of these financial&#13;statements) which represents a 14.02% of the remaining amount of series M debentures.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Possible&#13;sale of a subsidiary of IDB Tourism&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;August 14, 2018, the Board of Directors of IDB Tourism approved its engagement in a memorandum of understanding for the sale of&#13;50% of the issued share capital of a company which manages the incoming tourism operation which is held by Israir for a total&#13;consideration of NIS 26 million (approximately Ps. 285 as of the date of issuance of these financial statements). The closing&#13;of the transaction is expected by November 30, 2018. This transaction does not change the intentions of selling the whole investment&#13;in IDBT, which the management of the company expects to compete before June 2019.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Partial&#13;sale of Clal&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;August 30, 2018 continuing with the instructions given by the Commissioner of Capital Markets, Insurance and Savings of Israel,&#13;IDBD has sold 5% of its stake in Clal through a swap transaction in the same conditions that applied to the swap transactions&#13;performed in the preceding months of May and August 2017, January and May 2018. The consideration was set at an amount of approximately&#13;NIS 173 million (equivalent to approximately Ps. 1,766). After the completion of the transaction, IDBD&amp;#8217;s interest in Clal&#13;was reduced to 29.8% of its share capital.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Agreement&#13;to sell plot of land in USA&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;August 2018, a subsidiary of IDBG signed an agreement to sell a plot of land next to the Tivoli project in Las Vegas for a consideration&#13;of US$ 18 (approximately Ps. 673 as of the date of issuance of these financial statements). As of June 30, 2018 the book value&#13;of the plot of land was classified as assets held for sale according to IFRS 5 conditions.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Devaluation&#13;of the Argentine Peso&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of the date of issuance of these financial statements, the argentine peso has suffered a devaluation against the US dollar and&#13;other currencies, close to 27.2%, which has an impact on the figures presented on these financial statements, due mainly for the&#13;exposure to the devaluation of (i) certain revenues and costs of segment &amp;#8220;offices and other properties&amp;#8221; segment of&#13;the Operation Center in Argentina, (ii) revenues and costs of the Operation Center in Israel and (iii) our financial assets and&#13;liabilities nominated in foreign currency.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;IRSA&#13;Shareholders&amp;#8217; Meeting&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IRSA&#13;Shareholders&amp;#8217; Meeting, held on October 29, 2018, approved among others, Ps. 4,983 of net income for the fiscal year ended&#13;June 30, 2018 to: (i) Payment of a dividend on shares of IRSA CP for up to Ps.1,412 million; and (ii) The constitution of a special&#13;reserve that may be allocated to new projects according to the business development plan of IRSA, to the distribution of dividends,&#13;or to the cancellation of commitments authorizing the Board of directors to decide the application of the funds to any of said&#13;destinations.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Furthermore,&#13;the Shareholders&amp;#8217; Meeting decided to appropriate Ps.16,538 of net income for fiscal year ended June 30, 2017 which hadn&amp;#8217;t&#13;been allocated, to the constitution of a special reserve that may be allocated to new projects according to the business development&#13;plan of IRSA, or to the distribution of dividends.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;the other hand, it resolved to empower on the Board of Directors for the creation of a new global program for the issuance of&#13;simple NCN, either secured or unsecured or guaranteed by third parties, for a total amount of up to US$ 500 (five hundred million&#13;US Dollars) (or an equivalent amount in other currencies) before the expiration of the current program.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory>
    <ifrs-full:DisclosureOfFinancialRiskManagementExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial risk&#13;    management and fair value estimates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group's activities expose it to a variety of financial risks: market risk (including foreign currency risk, interest rate risk,&#13;indexing risk due to specific clauses and other price risks), credit risk, liquidity risk and capital risk. Within the Group,&#13;risk management functions are conducted in relation to financial risks associated to financial instruments to which the Group&#13;is exposed during a certain period or as of a specific date.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;general risk management policies of the Group seek both to minimize adverse potential effects on the financial performance of&#13;the Group and to manage and control the financial risks effectively. The Group uses financial instruments to hedge certain risk&#13;exposures when deemed appropriate based on its internal management risk policies, as explained below.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Given&#13;the diversity of characteristics corresponding to the business conducted in its operations centers, the Group has decentralized&#13;the risk management policies geographically based on its two operations centers (Argentina and Israel) in order to identify and&#13;properly analyze the various types of risks to which each subsidiary is exposed.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s principal financial instruments in the Operation Center in Argentina comprise cash and cash equivalents, receivables,&#13;payables, interest bearing assets and liabilities, other financial liabilities, other investments and derivative financial instruments.&#13;The Group manages its exposure to key financial risks in accordance with the Group&amp;#8217;s risk management policies.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s management framework in the Operation Center in Argentina includes policies, procedures, limits and allowed types&#13;of derivative financial instruments. The Group has established a Risk Committee, comprising members of senior management and a&#13;member of Cresud&amp;#8217;s Audit Committee (Parent Company of IRSA), which reviews and oversees management&amp;#8217;s compliance with&#13;these policies, procedures and limits and has overall accountability for the identification and management of risk across the&#13;Group.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Given&#13;the diversity of the activities conducted by IDBD, DIC and its subsidiaries, and the resulting risks, IDBD and DIC manage the&#13;exposure to their own key financial risks and those of its wholly-owned subsidiaries (except for IDB Tourism) in conformity with&#13;a centralized risk management policy, with the non-wholly owned IDBD and DIC subsidiaries being responsible for establishing the&#13;risk policy, taking action to cover market risks and managing their activities in a decentralized way. Both IDBD and DIC as holding&#13;and each subsidiary are responsible for managing their own financial risks in accordance with agreed global guidelines. The Chief&#13;Financial Officers of each entity are responsible for managing the risk management policies and systems, the definition of hedging&#13;strategies, insofar as applicable and based on any restriction that may be apply as a result of financial debt, the supervision&#13;of its implementation and the answer to such restrictions. The management framework includes policies, procedures, limits and&#13;allowed types of derivative financial instruments.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;section provides a description of the principal risks that could have a material adverse effect on the Group&amp;#8217;s strategy&#13;in each operations center, performance, results of operations and financial condition. The risks facing the businesses, set out&#13;below, do not appear in any particular order of potential materiality or probability of occurrence.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;analysis of sensitivities to market risks included below are based on a change in one factor while holding all other factors constant.&#13;In practice this is unlikely to occur, and changes in some of the factors may be correlated &amp;#8211; for example, changes in interest&#13;rate and changes in foreign currency rates.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;sensitivity analysis provides only a limited, point-in-time view. The actual impact on the Group&amp;#8217;s financial instruments&#13;may differ significantly from the impact shown in the sensitivity analysis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 28.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Market risk management&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;market risk is the risk of changes in the market price of financial instruments with which the Group operates. The Group&amp;#8217;s&#13;market risks arise from open positions in foreign currencies, interest-bearing assets and liabilities and equity securities of&#13;certain companies, to the extent that these are exposed to market value movements. The Group sets limits on the exposure to these&#13;risks that may be accepted, which are monitored on a regular basis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;Foreign&#13;Exchange risk and associated derivative financial instruments&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group publishes its Consolidated Financial Statements in Argentine pesos but conducts operations and holds positions in other&#13;currencies. As a result, the Group is exposed to foreign currency exchange risk through exchange rate movements, which affect&#13;the value of the Group&amp;#8217;s foreign currency positions. Foreign exchange risk arises when future commercial transactions or&#13;recognized assets or liabilities are denominated in a currency that is not the entity&amp;#8217;s functional currency.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;real estate, commercial and/or financial activities of the Group&amp;#8217;s subsidiaries from the operations center in Argentina&#13;have the Argentine Peso as functional currency. An important part of the business activities of these subsidiaries is conducted&#13;in that currency, thus not exposing the Group to foreign exchange risk. Other Group's subsidiaries have other functional currencies,&#13;principally US Dollar. In the ordinary course of business, the Group, through its subsidiaries, transacts in currencies other&#13;than the respective functional currencies of the subsidiaries. These transactions are primarily denominated in US Dollars and&#13;New Israeli Shekel. Net financial position exposure to the functional currencies is managed on a case-by-case basis, partly by&#13;entering into foreign currency derivative instruments and/or by borrowings in foreign currencies, or other methods, considered&#13;adequate by the Management, according to circumstances.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;instruments are considered sensitive to foreign exchange rates only when they are not in the functional currency of the entity&#13;that holds them. The following table shows the net carrying amounts of the Company&amp;#8217;s financial instruments nominated in&#13;US$ and NIS, broken down by the functional currencies in which the Company operates for the years ended June 30, 2018 and 2017.&#13;The amounts are presented in Argentine Pesos, the presentation currency of the Group:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;1)&#13;Operations Center in Argentina&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Net monetary position (Liability)/Asset&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Functional&#13;    currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2018&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2017&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;1&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(13,692&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(11,567&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;1&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group estimates that, other factors being constant, a 10% appreciation of the US Dollar against the respective functional currencies&#13;at year-end for the Operations Center in Argentina would result in a net additional loss before income tax for the years ended&#13;June 30, 2018 and 2017 for an amount of Ps. 1,369 and Ps. 1,157, respectively. A 10% depreciation of the US Dollar against the&#13;functional currencies would have an equal and opposite effect on the statements of income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;the other hand, the Group also uses derivatives, such as future exchange contracts, to manage its exposure to foreign currency&#13;risk. As of June 30, 2018 and 2017 the Group has future exchange contracts pending for an amount of US$ 47.3 and US$ 12.9, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;2)&#13;Operations Center in Israel&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018 and 2017, the net position of financial instruments in US Dollars, which exposes the Group to the foreign currency&#13;risk amounts to Ps. (7,180) and Ps. (4,376), respectively. The Group estimates that, other factors being constant, a 10% appreciation&#13;of the US Dollar against the Israeli currency would increase loss before income tax for the year ended June 30, 2018 for an amount&#13;of Ps. 718 (Ps. 438 loss in 2017).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;Interest&#13;rate risk&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group is exposed to interest rate risk on its investments in debt instruments, short-term and long-term borrowings and derivative&#13;financial instruments.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;primary objective of the Group&amp;#8217;s investment activities is to preserve principal while at the same time maximizing yields&#13;without significantly increasing risk. To achieve this objective, the Group diversifies its portfolio in accordance with the limits&#13;set by the Group. The Group maintains a portfolio of cash equivalents and short-term investments in a variety of securities, including&#13;both government and corporate obligations and money market funds.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s interest rate risk principally arises from long-term borrowings (Note 19). Borrowings issued at variable rates expose&#13;the Group to cash flow interest rate risk. Borrowings issued at fixed rates expose the Group to fair value interest rate risk.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018 and 2017, 95.5% of the Group&amp;#8217;s long-term financial loans in this operation center have a fixed interest&#13;rate so that IRSA is not significantly exposed to the fluctuation risk of the interest rate.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;1)&#13;Operations Center in Argentina&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group manages this risk by maintaining an appropriate mix between fixed and floating rate interest bearing liabilities. These&#13;activities are evaluated regularly to determine that the Group is not exposed to interest rate fluctuations that could adversely&#13;impact its ability to meet its financial obligations and to comply with its borrowing covenants.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group occasionally manages its cash flow interest rate risk exposure by different hedging instruments, including but not limited&#13;to interest rate swap, depending on each particular case. For example, interest rate swaps have the economic effect of converting&#13;borrowings from floating rates to fixed rates or vice versa.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;interest rate risk policy is approved by the Board of Directors. Management analyses the Group&amp;#8217;s interest rate exposure&#13;on a dynamic basis. Various scenarios are simulated, taking into consideration refinancing, renewal of existing positions and&#13;alternative financing sources. Based on these scenarios, the Group calculates the impact on profit and loss of a defined interest&#13;rate shift. The scenarios are run only for liabilities that represent the major interest-bearing positions. Trade payables are&#13;normally interest-free and have settlement dates within one year. The simulation is done on a regular basis to verify that the&#13;maximum potential loss is within the limits set by management.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;19 shows a breakdown of the Group&amp;#8217;s fixed-rate and floating-rate borrowings per currency denomination and functional currency&#13;of the subsidiary that holds the loans for the fiscal years ended June 30, 2018 and 2017.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group estimates that, other factors being constant, a 1% increase in floating rates at year-end would increase net loss before&#13;income tax for the years ended June 30, 2018 and 2017 in the amount of Ps. 15.1 and Ps. 6.6, respectively. A 1% decrease in floating&#13;rates would have an equal and opposite effect on the Statement of Income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;2)&#13;Operations Center in Israel&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD&#13;manages the exposure to the interest rate risk in a decentralized way and it is monitored regularly by different management offices&#13;in order to confirm that there are no adverse effects over its ability to meet its financial obligations and to comply with its&#13;borrowings covenants.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018 and 2017, the 96.1% and 96.6%, respectively, of the Group&amp;#8217;s long-term financial borrowings in this operations&#13;center are at fixed interest rate, therefore, IDBD is not significantly exposed to the interest rate fluctuation risk.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD&#13;estimates that, other factors being constant, a 1% increase in floating rates at year-end would increase net loss before income&#13;tax for the year ended June 30, 2018, in Ps. 68, approximately (Ps. 21 approximately in 2017). A 1% decrease in floating rates&#13;would have an equal and opposite effect on the Statement of Income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;Risk&#13;of fluctuations of the Consumer Price Index ("CPI") of Israel&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Operations Center in Israel has financial liabilities indexed by the Israeli CPI. As of the date of this Consolidated Financial&#13;Statements, more than half of financial liabilities arising from the Operations Center in Israel were adjusted by the Israeli&#13;CPI.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;financial position exposure to the Israeli CPI fluctuations is managed in a decentralized way on a case-by-case basis, by entering&#13;into different derivative financial instruments, as the case may be, or by other methods, considered adequate by the Management,&#13;based on the circumstances.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018, 44.8% of the loans are affected by the evolution of the CPI. A 1% increase in the CPI would generate a loss&#13;of Ps. 721 (Ps. 427 for 2017) and a decrease of 1% generates a profit of Ps. 706 (Ps. 427 for 2017).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;Other&#13;price risks&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group is exposed to equity securities price risk or derivative financial instruments because of investments held in entities that&#13;are publicly traded, which were classified on the Consolidated Statements of Financial Position at &amp;#8220;fair value through profit&#13;or loss&amp;#8221;. The Group regularly reviews the prices evolution of these equity securities in order to identify significant movements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018 and 2017 the total value of Group&amp;#8217;s investments in shares and derivative financial instruments of public&#13;companies amounts to Ps. 391 and Ps. 300, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the Operations Center in Israel the investment in Clal is classified on the Statements of Financial Position at &amp;#8220;fair value&#13;through profit or loss&amp;#8221; and represents the most significant IDBD&amp;#8217;s exposure to price risk. IDBD has not used hedging&#13;against these risks (Note 13). IDBD regularly reviews the prices evolution of these equity securities in order to identify significant&#13;movements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group estimates that, other factors being constant, a 10% decrease in quoted prices of equity securities and in derivative financial&#13;instruments portfolio at year-end would generate a loss before income tax for the year ended June 30, 2018 of Ps. 31 (Ps. 24 in&#13;2017) for the Operations Center in Argentina and a loss before income tax for the year ended June 30, 2018 of Ps. 1,225 (Ps. 856&#13;in 2017) for the Operations Center in Israel. An increase of 10% on these prices would have an equal and opposite effect in the&#13;Statement of Income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Georgia, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;Credit risk management&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;credit risk arises from the potential non-performance of contractual obligations by the parties, with a resulting financial loss&#13;for the Group. Credit limits have been established to ensure that the Group deals only with approved counterparties and that counterparty&#13;concentration risk is addressed and the risk of loss is mitigated. Counterparty exposure is measured as the aggregate of all obligations&#13;of any single legal entity or economic entity to the Group.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group is subject to credit risk arising from deposits with banks and financial institutions, investments of surplus cash balances,&#13;the use of derivative financial instruments and from outstanding receivables&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the Operations Center in Argentina, the credit risk is managed on a country-by-country basis. Each local entity is responsible&#13;for managing and analyzing the credit risk. In the Operations Center in Israel, under the policy established by IDBD&amp;#8217;s board&#13;of directors, the management deposits excess cash in local banks which are not company creditors, in order to keep minimum risk&#13;values in cash balances.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s policy in each operations center is to manage credit exposure from deposits, short-term investments and other financial&#13;instruments by maintaining diversified funding sources in various financial institutions. All the institutions that operate with&#13;the Group are well known because of their experience in the market and high credit quality. The Group places its cash and cash&#13;equivalents, investments, and other financial instruments with various high credit quality financial institutions, thus mitigating&#13;the amount of credit exposure to any one institution. The maximum exposure to credit risk is represented by the carrying amount&#13;of cash and cash equivalents and short-term investments in the Statements of Financial Position.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;1)&#13;Operations Center in Argentina&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;receivables related to leases and services provided by the Group represent a diversified tenant base and account for 91.7% and&#13;89.6% of the Group&amp;#8217;s total trade receivables of the operations center as of June 30, 2018 and 2017, respectively. The Group&#13;has specific policies to ensure that rental contracts are transacted with counterparties with appropriate credit quality. The&#13;majority of the Group&amp;#8217;s shopping mall, offices and other rental properties&amp;#8217; tenants are well recognized retailers,&#13;diversified companies, professional organizations, and others. Owing to the long-term nature and diversity of its tenancy arrangements,&#13;the credit risk of this type of trade receivables is considered to be low. Generally, the Group has not experienced any significant&#13;losses resulting from the non-performance of any counterpart to the lease contracts and, as a result, the allowance for doubtful&#13;accounts balance is low. Individual risk limits are set based on internal or external ratings in accordance with limits set by&#13;the Group. If there is no independent rating, risk control assesses the credit quality of the customer, taking into account its&#13;past experience, financial position, actual experience and other factors. Based on the Group&amp;#8217;s analysis, the Group determines&#13;the size of the deposit that is required from the tenant at inception. Management does not expect any material losses from non-performance&#13;by these counterparties. See details on Note 14.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;the other hand, property receivables related to the sale of trading properties represent 2.1%, 4.4% of the Group&amp;#8217;s total&#13;trade receivables as of June 30, 2018 and 2017, respectively. Payments on these receivables have generally been received when&#13;due. These receivables are generally secured by mortgages on the properties. Therefore, the credit risk on outstanding amounts&#13;is considered very low.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;2)&#13;Operations Center in Israel&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD&amp;#8217;s&#13;primary objective for holding derivative financial instruments is to manage currency exchange rate risk and interest rate risk.&#13;IDBD generally enters into derivative transactions with high-credit-quality counterparties and, by policy, limits the amount of&#13;credit exposure to each counterparty. The amounts subject to credit risk related to derivative instruments are generally limited&#13;to the amounts, if any, by which counterparty&amp;#8217;s obligations exceed the obligations that IDBD has with that counterparty.&#13;The credit risk associated with derivative financial instruments is representing by the carrying value of the assets positions&#13;of these instruments.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;IDBD&amp;#8217;s policy is to manage credit exposure to trade and other receivables within defined trading limits. All IDBD&amp;#8217;s&#13;significant counterparties have internal trading limits.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;receivables from investment and development property activities are primarily derived from leases and services from shopping malls,&#13;offices and other rental properties; receivables from the sale of trading properties and investment properties (primarily undeveloped&#13;land and non-retail rental properties). IDBD has a large customer base and is not dependent on any single customer. The credits&#13;for sales from the activities of telecommunications and supermarkets do not present large concentrations of credit risk, not depending&#13;on a few customers and with most of their transactions in cash or with credit cards. (See Note 14 for details).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Georgia, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;Liquidity risk management&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group is exposed to liquidity risks, including risks associated with refinancing borrowings as they mature, the risk that borrowing&#13;facilities are not available to meet cash requirements, and the risk that financial assets cannot readily be converted to cash&#13;without loss of value. Failure to manage liquidity risks could have a material impact on the Group&amp;#8217;s cash flow and Statements&#13;of Financial Position.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prudent&#13;liquidity risk management implies maintaining sufficient cash, the availability of funding through an adequate amount of committed&#13;credit facilities and the ability to close out market positions. Due to the dynamic nature of the underlying businesses, the Group&#13;aims to maintain flexibility in funding its existing and prospective debt requirements by maintaining diversified funding sources.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Each&#13;operation center monitors its current and projected financial position using several key internally generated reports: cash flow;&#13;debt maturity; and interest rate exposure. The Group also undertakes sensitivity analysis to assess the impact of proposed transactions,&#13;movements in interest rates and changes in property values on the key profitability, liquidity and balance sheet ratios.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;debt of each operation center and the derivative positions are continually reviewed to meet current and expected debt requirements.&#13;Each operation center maintains a balance between longer-term and shorter-term financings. Short-term financing is principally&#13;raised through bank facilities and overdraft positions. Medium- to longer-term financing comprises public and private bond issues,&#13;including private placements. Financing risk is spread by using a variety of types of debt. The maturity profile is managed in&#13;accordance with each operation center needs, by spreading the repayment dates and extending facilities, as appropriate.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;tables below show financial liabilities, including each operation center derivative financial liabilities groupings based on the&#13;remaining period at the Statements of Financial Position to the contractual maturity date. The amounts disclosed in the tables&#13;are the contractual undiscounted cash flows and as a result, they do not reconcile to the amounts disclosed on the Statements&#13;of Financial Position. However, undiscounted cash flows in respect of balances due within 12 months generally equal their carrying&#13;amounts in the Statements of Financial Position, as the impact of discounting is not significant. The tables include both interest&#13;and principal flows.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Where&#13;the interest payable is not fixed, the amount disclosed has been determined by reference to the existing conditions at the reporting&#13;date.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;1)&#13;Operations Center in Argentina&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 40%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Less than 1 year&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between 1 and 2 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between 2 and 3 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between 3 and 4 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;More than 4 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,277&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;127&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;12&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;10&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,429&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&#13;    (excluding finance leases liabilities)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Finance&#13;    leases obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;7&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;15&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Derivative&#13;    Financial Instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;46&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;46&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;5,121&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;7,920&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;7,821&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;1,246&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;11,499&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;33,607&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 40%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13; 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vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;13,363&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;67,537&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;165,986&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;See&#13;Note 19 for a description of the commitments and restrictions related to loans and the ongoing renegotiations.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Georgia, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(d)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;Capital risk management&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;capital structure of the Group consists of shareholders&amp;#8217; equity and net borrowings. The Group&amp;#8217;s equity is analyzed&#13;into its various components in the statements of changes in equity. Capital is managed so as to promote the long-term success&#13;of the business and to maintain sustainable returns for shareholders. The Group seeks to manage its capital requirements to maximize&#13;value through the mix of debt and equity funding, while ensuring that Group entities continue to operate as going concerns, comply&#13;with applicable capital requirements and maintain strong credit ratings.&lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group assesses the adequacy of its capital requirements, cost of capital and gearing (i.e., debt/equity mix) as part of its broader&#13;strategic plan. The Group continuously reviews its capital structure to ensure that (i) sufficient funds and financing facilities&#13;are available to implement the Group&amp;#8217;s property development and business acquisition strategies, (ii) adequate financing&#13;facilities for unforeseen contingencies are maintained, and (iii) distributions to shareholders are maintained within the Group&amp;#8217;s&#13;dividend distribution policy. The Group also protects its equity in assets by obtaining appropriate insurance.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s strategy is to maintain key financing metrics (net debt to total equity ratio or gearing and debt ratio) in order&#13;to ensure that asset level performance is translated into enhanced returns for shareholders whilst maintaining an appropriate&#13;risk reward balance to accommodate changing financial and operating market cycles.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following tables details the Group&amp;#8217;s key metrics in relation to managing its capital structure. The ratios are within the&#13;ranges previously established by the Group&amp;#8217;s strategy.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operation&#13;Center in Argentina&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 55%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2018&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2017&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2016&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Gearing&#13;    ratio (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;40.83%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;31.66%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;29.91%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Debt&#13;    ratio (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;40.58%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;29.13%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;25.27%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operation&#13;Center in Israel&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 55%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2018&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2017&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2016&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Gearing&#13;    ratio (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;82.85%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;81.95%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;82.74%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Debt&#13;    ratio (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;148.46%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;128.04%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;137.75%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Calculated&#13;as total of borrowings over total borrowings plus equity attributable equity holders of the parent company.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Calculated&#13;as total borrowings over total properties (including trading properties, property, plant and equipment, investment properties&#13;and rights to receive units under barter agreements).&amp;#160;&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfFinancialRiskManagementExplanatory>
    <ifrs-full:DisclosureOfFinancialInstrumentsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial instruments by category&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.75in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;note shows the financial assets and financial liabilities by category and a reconciliation to the corresponding line in the Consolidated&#13;Statements of Financial Position, as appropriate. Since the line items &amp;#8220;Trade and other receivables&amp;#8221; and &amp;#8220;Trade&#13;and other payables&amp;#8221; contain both financial instruments and non-financial assets or liabilities (such as prepayments, trade&#13;receivables, trade payables in-kind and tax receivables and payables), the reconciliation is shown in the columns headed &amp;#8220;Non-financial&#13;assets&amp;#8221; and &amp;#8220;Non-financial liabilities&amp;#8221;. Financial assets and liabilities measured at fair value are assigned&#13;based on their different levels in the fair value hierarchy.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;9 defines the fair value of a financial instrument as the amount for which an asset could be exchanged, or a financial liability&#13;settled, between knowledgeable, willing parties in an arm&amp;#8217;s length transaction. All financial instruments recognized at&#13;fair value are allocated to one of the valuation hierarchy levels of IFRS 7. This valuation hierarchy provides for three levels.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the case of Level 1, valuation is based on quoted prices (unadjusted) in active markets for identical assets and liabilities that&#13;the Company can refer to at the date of valuation. In the case of Level 2, fair value is determined by using valuation methods&#13;based on inputs directly or indirectly observable in the market. If the financial instrument concerned has a fixed contract period,&#13;the inputs used for valuation must be observable for the whole of this period. In the case of Level 3, the Group uses valuation&#13;techniques not based on inputs observable in the market. This is only permissible insofar as no market data is available. The&#13;inputs used reflect the Group&amp;#8217;s assumptions regarding the factors which market players would consider in their pricing.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s Finance Division has a team in place in charge of estimating the valuation of financial assets required to be reported&#13;in the Consolidated Financial Statements, including the fair value of Level-3 instruments. The team directly reports to the Chief&#13;Financial Officer ("CFO"). The CFO and the valuation team discuss the valuation methods and results upon the acquisition of an&#13;asset and, as of the end of each reporting period.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;According&#13;to the Group&amp;#8217;s policy, transfers among the several categories of valuation are recognized when occurred, or when there are&#13;changes in the prevailing circumstances requiring the transfer.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;assets and financial liabilities as of June 30, 2018 are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at amortized cost (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subtotal&#13;    financial assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-financial&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&#13;    as per Statement of Financial Position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables (excluding the allowance for doubtful accounts and other receivables) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,648&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,648&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,246&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23,894&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in financial assets:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&#13;    Public companies&amp;#8217; securities &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;135&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;135&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;135&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&#13;    Private companies&amp;#8217; securities &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,289&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    assets held for sale:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&#13;    Clal &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,254&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,254&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,254&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    and cash equivalents:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&#13;    Cash at bank and on hand &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,452&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,452&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,452&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&#13;    Short-term investments &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28,334&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,531&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30,865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30,865&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    assets &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;61,130&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;37,983&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;592&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,096&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;101,801&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,246&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;107,047&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    liabilities at amortized cost (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    liabilities at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subtotal&#13;    financial liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-financial&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;118&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    liabilities &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;216,882&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;217,087&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,836&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;224,923&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The fair value of financial assets and liabilities&#13;    at their amortized cost does not differ significantly from their book value, except for borrowings (Note 20).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;assets and financial liabilities as of June 30, 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at amortized cost (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subtotal&#13;    financial assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-financial&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&#13;    Cash at bank and on hand &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;152&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;167&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;167&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    liabilities &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;145,577&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;157&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;145,749&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,713&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;153,462&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0pt"&gt;&lt;/td&gt;&lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The fair value of financial assets and liabilities&#13;    at their amortized cost does not differ significantly from their book value, except for borrowings (Note 19).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Corresponds to deposits in guarantee and escrows.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Liabilities&#13;carried at amortized cost also include liabilities under finance leases where the Group is the lessee and which therefore have&#13;to be measured in accordance with IAS 17 &amp;#8220;Leases&amp;#8221;. The categories disclosed are determined by reference to IFRS 9.&#13;Finance leases are excluded from the scope of IFRS 7 &amp;#8220;Financial Instruments Disclosures&amp;#8221;. Therefore, finance leases&#13;have been shown separately.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following are details of the book value of financial instruments recognized, which were offset in the statements of financial&#13;position:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As&#13;    of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As&#13;    of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    amounts recognized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    amounts offset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    amount presented&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    amounts recognized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    amounts offset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    amount presented&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables (excluding the allowance for doubtful accounts and other receivables)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,523&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(875)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,648&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,602&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(871)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,731&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,140&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(875)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,265&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,037&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(871)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,166&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income,&#13;expense, gains and losses on financial instruments can be assigned to the following categories:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 45%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; 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line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;740&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;740&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    expense&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7,745)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7,745)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange (losses) / gains, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,864)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,864)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividend&#13;    income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; 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   value loss on associates (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;79&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;79&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    (loss) / income (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(4,256)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(490)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(4,746)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Included within&#13;    &amp;#8220;Financial results, net&amp;#8220; in the Statements of Income. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Included in &amp;#8220;Share&#13;    of profit / (loss) of associates and joint ventures&amp;#8221; in the Statement of Income.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/11pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Clal&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clal&#13;is a holding company that mainly operates in the insurance and pension markets and in segments of pension funds. The company holds&#13;assets and other businesses (such as insurance agencies) and is one of the largest insurance groups in Israel. Clal mainly develops&#13;its activities in three operating segments: long-term savings, general insurance and health insurance.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Given&#13;that IDBD failed to meet the requirements set forth to have control over an insurance company, on August 21, 2013, the Commissioner&#13;required that IDBD granted an irrevocable power of attorney to Mr. Moshe Tery ("the Trustee") for the 51% of the shareholding&#13;capital and vote interests in Clal, thus transferring control over that investee. From such date, IDBD recognized its equity interest&#13;in Clal as a financial asset held for sale, at fair value through profit or loss.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;December 30, 2014, the Commissioner sent an additional letter setting a term by which IDBD&amp;#8217;s control over and equity interests&#13;in Clal were to be sold and giving directions as to the Trustee&amp;#8217;s continuity in office, among other aspects.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;sale arrangement outlined in the letter involves IDBD&amp;#8217;s and the Trustee&amp;#8217;s interests in the sale process under different&#13;options and timeframes. The current sale arrangement involved the sale of the interest in the stock exchange or by over-the-counter&#13;trades, as per the following detail and by the following dates:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sell at least 5%&#13;    of its equity interest in Clal, since May 7, 2016.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;b.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sell at least an&#13;    additional 5% of its equity interest in Clal, during each of the subsequent four-month periods.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;c.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;If IDBD sells more&#13;    than 5% of its equity interest in Clal in any given four-month period, the percentage in excess of the required 5% would be&#13;    offset against the percentage required in the following period.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;case IDBD does not fulfill its obligation in the manner described in the above paragraph the Trustee is entitled to act upon the&#13;specified arrangement in lieu of IDBD, pursuant to all powers that have been vested under the representations of the trust letter.&#13;The consideration for the sale would be transferred to IDBD, with the expenses incurred in the sale process to be solely borne&#13;by IDBD.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;May 1, 2017 IDBD agreed to sell the 5% of Clal&amp;#8217;s shares jointly with a swap transaction. Hence, the shares were sold on&#13;May 4 without any type of encumbrances, at a price of NIS 59.86 each (i.e., for a total of roughly NIS 166, equivalent to nearly&#13;Ps. 697 at the exchange rate prevailing on that date). Such request had the consent of the Trustee and a statement from the Commissioner&#13;stating that such body does not object to the swap transaction.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Concurrently&#13;with the sale, IDBD entered into a swap transaction with a banking institution whereby the former will charge or pay for the difference&#13;between the sale value of the shares above described and the value such shares will have at the time they are sold to the third-party&#13;buyer upon the lapse of a 24-month period. IDBD cannot repurchase such shares, in addition, other sales transactions were made&#13;under this modality on August 30, 2017, January 1, 2018 and May 3, 2018 (see Note 4.C.). IDBD continues to evaluate courses of&#13;action with regard to the District Court&amp;#8217;s pronouncement, including the possibility to file a motion for appeal.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Based&#13;on the terms and conditions of the swap contract, IDBD maintains the major risks and benefits of all of Clal shares; as a result,&#13;as of June 30, 2018, all of Clal shares were reported as a financial asset held for sale and a liability associated to the swap&#13;in the amount of Ps. 4,465. Valuation of mentioned shares as of June 30, 2018 amounts to Ps. 7,787, and a loss of Ps. 1,826 has&#13;been recorded, reflecting the increase/decrease in the market price and the swap costs in financial results, net.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;the fiscal year ended June 30, 2018, shares of private companies were transferred from level 3 to level 1 when they began trading.&#13;During the year ended June 30, 2017 and 2016, there were no transfers between levels of the fair value hierarchy. When there are&#13;no quoted prices available in an active market, fair values (especially derivative instruments) are based on recognized valuation&#13;methods. The Group uses a range of valuation models for the measurement of Level 2 and Level 3 instruments, details of which may&#13;be obtained from the following table.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 38%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 19%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Pricing&#13;    model / method&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Parameters&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value hierarchy&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Range&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables -. Cellcom&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    interest rate.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    rate swaps&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    flows - Theoretical price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    rate futures contracts and cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Preferred&#13;    shares of Condor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Binomial&#13;    tree &amp;#8211; Theoretical price I&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;    asset price (Market price); share price volatility (historical) and market interest rate (Libor rate curve).&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;                                         asset price 1.8 to 2.2&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;        price volatility 58% to 78%&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;        interest-rate 1.7% to 2.1%&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Promissory&#13;    note &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows -&amp;#160;&amp;#160;Theoretical price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;    interest-rate (Libor rate curve)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;    interest-rate 1.8% to 2.2%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Warrants&#13;    of Condor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Black-Scholes&#13;    &amp;#8211;&amp;#160;&amp;#160;Theoretical price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;    asset price (Market price); share price volatility (historical) and market interest rate (Libor rate curve).&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;                                         asset price 1.8 to 1.7&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;        price volatility 58% to 78%&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;        interest-rate 1.7% to 2.1%&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;TGLT&#13;    Non-convertible Notes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Black-Scholes&#13;    &amp;#8211;&amp;#160;&amp;#160;Theoretical price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;    asset price (Market price); share price volatility (historical) and market interest rate.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;                                         asset price 8 to 12&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;        price volatility 50% to 70%&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;        interest-rate 8% to 9%&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Call&#13;                                         option of Arcos&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Projected&#13;    revenues and discounting rate.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in financial assets - Other private companies&amp;#8217; securities (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    flow / NAV - Theoretical price &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Projected&#13;                                         revenue discounted at the discount rate&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;        value is calculated in accordance with shares in the equity funds on the basis of their Financial Statements, based on&#13;        fair value or investments assessments.&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&#13;    - 3.5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in financial assets - Others &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows -&amp;#160;&amp;#160;Theoretical price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Projected&#13;                                         revenue discounted at the discount rate&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;        value is calculated in accordance with shares in the equity funds on the basis of their Financial Statements, based on&#13;        fair value or investment assessments.&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&#13;    - 3.5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments - Forwards&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Theoretical&#13;    price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;    asset price and volatility&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    2 and 3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;An increase in the discount rate would decrease the value of investments in private companies, while an increase in projected&#13;revenues would increase their value.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018, there have been no changes to the economic or business circumstances affecting the fair value of the financial&#13;assets and liabilities of the group.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table presents the changes in Level 3 financial instruments as of June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 14%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments&#13;    in financial assets - Public companies&amp;#8217; Securities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Derivative&#13;    financial instruments - Forwards&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments&#13;    in financial assets - Private companies&amp;#8217; Securities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investment&#13;    in financial assets - Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Loans&#13;    - non-recourse loan&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; 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    <ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Segment information&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;8 requires an entity to report financial and descriptive information about its reportable segments, which are operating segments&#13;or aggregations of operating segments that meet specified criteria. Operating segments are components of an entity about which&#13;separate financial information is available that is evaluated regularly by the CODM. According to IFRS 8, the CODM represents&#13;a function whereby strategic decisions are made and resources are assigned. The CODM function is carried out by the President&#13;of the Group, Mr. Eduardo S. Elsztain. In addition, and due to the acquisition of IDBD, two responsibility levels have been established&#13;for resource allocation and assessment of results of the two operations centers, through executive committees in Argentina and&#13;Israel.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Segment&#13;information is reported from two perspectives: geographic presence (Argentina and Israel) and products and services. In each operations&#13;center, the Group considers separately the various activities being developed, which represent reporting operating segments given&#13;the nature of its products, services, operations and risks. Management believes the operating segment clustering in each operations&#13;center reflects similar economic characteristics in each region, as well as similar products and services offered, types of clients&#13;and regulatory environments.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of fiscal year 2018, the CODM reviews certain corporate expenses associated with each operation center in an aggregate manner&#13;and separately from each of the segments, such expenses have been disclosed in the "Corporate" segment of each operation center.&#13;Additionally, as of fiscal year 2018, the CODM also reviews the office business as a single segment and the entertainment business&#13;in an aggregate and separate manner from offices, including that concept in the "Others" segment. Segment information for years&#13;2017 and 2016 has been recast for the purposes of comparability with the present year.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is the segment information which was prepared as follows:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&lt;b&gt;Operations Center in Argentina:&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Within&#13;this operations center, the Group operates in the following segments:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;&amp;#8220;Shopping&#13;    Malls&amp;#8221; &lt;/b&gt;segment includes results principally comprised of lease and service revenues related to rental of commercial&#13;    space and other spaces in the shopping malls of the Group. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;&amp;#8220;Offices&amp;#8221;&#13;    &lt;/b&gt;segment includes the operating results from lease revenues of offices, other rental spaces and other service revenues&#13;    related to the office activities.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;&amp;#8220;Sales&#13;    and Developments&amp;#8221; &lt;/b&gt;segment includes the operating results of the development, maintenance and sales of undeveloped&#13;    parcels of land and/or trading properties. Real estate sales results are also included.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;"Hotels"&#13;    &lt;/b&gt;segment includes the operating results mainly comprised of room, catering and restaurant revenues.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;&amp;#8220;International&amp;#8221;&#13;    &lt;/b&gt;segment includes assets and operating profit or loss from business related to associates Condor (hotels) and Lipstick&#13;    (offices). &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;&amp;#8220;Others&amp;#8221;&#13;    &lt;/b&gt;segment primarily includes the entertainment activities through La Arena and La Rural S.A. and the financial activities&#13;    carried out by BHSA and Tarshop.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;&amp;#8220;Corporate&amp;#8221;&#13;    &lt;/b&gt;segment includes the expenses related to the corporate activities of the Operations Center in Argentina.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;CODM periodically reviews the results and certain asset categories and assesses performance of operating segments of this operations&#13;center based on a measure of profit or loss of the segment composed by the operating income plus the share of profit / (loss)&#13;of joint ventures and associates. The valuation criteria used in preparing this information are consistent with IFRS standards&#13;used for the preparation of the Consolidated Financial Statements, except for the following:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operating results&#13;    from joint ventures are evaluated by the CODM applying proportional consolidation method. Under this method the profit/loss&#13;    generated and assets are reported in the Statement of Income line-by-line based on the percentage held in joint ventures rather&#13;    than in a single item as required by IFRS. Management believes that the proportional consolidation method provides more useful&#13;    information to understand the business return. On the other hand, the investment in the joint venture La Rural S.A. is accounted&#13;    for under the equity method since this method is considered to provide more accurate information in this case.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operating results&#13;    from Shopping Malls and Offices segments do not include the amounts pertaining to building administration expenses and collective&#13;    promotion funds (&amp;#8220;FPC&amp;#8221;, as per its Spanish acronym) as well as total recovered costs, whether by way of expenses&#13;    or other concepts included under financial results (for example default interest and other concepts). The CODM examines the&#13;    net amount from these items (total surplus or deficit between building administration expenses and FPC and recoverable expenses).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;assets&amp;#8217; categories examined by the CODM are: investment properties, property, plant and equipment, trading properties, inventories,&#13;right to receive future units under barter agreements, investment in associates and goodwill. The sum of these assets, classified&#13;by business segment, is reported under &amp;#8220;assets by segment&amp;#8221;. Assets are allocated to each segment based on the operations&#13;and/or their physical location.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Within&#13;the Operations Center in Argentina, most revenue from its operating segments is derived from, and their assets are located in,&#13;Argentina, except for the share of profit / (loss) of associates included in the &amp;#8220;International&amp;#8221; segment located in&#13;USA.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenues&#13;for each reporting segments derive from a large and diverse client base and, therefore, there is no revenue concentration in any&#13;particular segment.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 21.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&lt;b&gt;Operations Center in Israel:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Within&#13;this operations center, the Group operates in the following segments:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;&amp;#8220;Real&#13;    Estate&amp;#8221; &lt;/b&gt;segment in which, through PBC, the Group operates rental properties and residential properties in Israel,&#13;    USA and other parts of the world and carries out commercial projects in Las Vegas, USA.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;&amp;#8220;Supermarkets&amp;#8221;&#13;    &lt;/b&gt;segment in which, through Shufersal, reclassified to discontinued operations in the current year, the Group mainly operates&#13;    a supermarket chain in Israel.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;&amp;#8220;Telecommunications&amp;#8221;&#13;    &lt;/b&gt;segment includes Cellcom whose main activities include the provision of mobile phone services, fixed line phone services,&#13;    data and Internet, among others. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 31.65pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;"Insurance"&#13;    &lt;/b&gt;segment includes the investment in Clal, insurance company which main activities includes pension and social security&#13;    insurance, among others. As stated in Note 14, the Group does not have control over Clal; therefore, the business is reported&#13;    in a single line as a financial asset held for sale and valued at fair value.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;"Others"&#13;    &lt;/b&gt;segment includes other diverse business activities, such as technological developments, tourism, oil and gas assets, electronics,&#13;    and others.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The &lt;b&gt;&amp;#8220;Corporate&amp;#8221;&#13;    &lt;/b&gt;segment includes the expenses related with the activities of the holding company. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;CODM periodically reviews the results and certain asset categories and assesses performance of operating segments of this operations&#13;center based on a measure of profit or loss of the segment composed by the operating income plus the share of profit / (loss)&#13;of associates and joint ventures. The valuation criteria used in preparing this information are consistent with IFRS standards&#13;used for the preparation of the Consolidated Financial Statements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;stated under Note 2, the Group consolidates results derived from its operations center in Israel with a three-month lag, adjusted&#13;for the effects of significant transactions. Hence, IDBD&amp;#8217;s results for the period extending from October 11, 2015 (acquisition&#13;date) through March 31, 2016 are included under comprehensive income of the Group for the fiscal year ended June 30, 2016. For&#13;the fiscal years ended June 30, 2018 and 2017, a full twelve-month period is consolidated, also with a three-month lag and adjusted&#13;for the effects of significant transactions.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goods&#13;and services exchanged between segments are calculated on the basis of established prices. Intercompany transactions between segments,&#13;if any, are eliminated.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is a summary of the Group&amp;#8217;s lines of business and a reconciliation between the results from operations as per segment information&#13;and the results from operations as per the Statements of Income for the years ended June 30, 2018, 2017 and 2016:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2018&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 22%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Argentina&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Israel&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 5%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Joint ventures (1)&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discontinued operations (2)&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expensesand collectivepromotion funds&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13; 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   &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(29,602&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;87,844&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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   &lt;td style="width: 22%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Argentina&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Israel&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 5%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13; 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vertical-align: bottom"&gt;&amp;#160;&amp;#160;72,733&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(41)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(47,168)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,490&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(10)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;27,004&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; 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border-bottom: #000000 2px solid"&gt;&amp;#160;(49,110&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(50,022&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;18&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;35,488&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(1,517&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(16,033&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Gross&#13;    profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;3,399&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(28,671&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(183,906&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Net&#13; 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       &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Elimination of inter-segment transactions&#13;        and non-reportable assets / liabilities (3)&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total as per statement of income / statement&#13;        of financial position&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Revenues&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(7,036&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Gross&#13;    profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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   &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;10,456&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(17&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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border-bottom: #000000 2px solid"&gt;&amp;#160;(13&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(2&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(156,285&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Net&#13;    reportable assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;39,294&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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   &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(17,777&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;35,856&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;Represents the equity value of joint ventures that were proportionately consolidated for information by segment purposes.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&#13;Corresponds to Shufersal&amp;#8217;s deconsolidation, the Group lost control in June 2018. See Note 4.G.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&#13;Includes deferred income tax assets, income tax and MPIT credits, trade and other receivables, investment in financial assets,&#13;cash and cash equivalents and intangible assets except for rights to receive future units under barter agreements, net of investments&#13;in associates with negative equity which are included in provisions in the amount of Ps. 2,452, Ps. 72 and Ps. 45, as of June&#13;30, 2018, 2017 and 2016, respectively.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is a summarized analysis of the lines of business of Group&amp;#8217;s operations center in Argentina for the fiscal years ended June&#13;30, 2018, 2017 and 2016:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2018&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Argentina&lt;/font&gt;&lt;/p&gt;&#13; 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   &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;2,301&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;From&#13;all the revenues corresponding to the Operations Center in Argentina, the 100% are originated in Argentina. 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border-bottom: #000000 4px double"&gt;&amp;#160;39,294&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;From&#13;all the revenues corresponding to the Operations Center in Argentina, the 100% are originated in Argentina. No external client&#13;represents 10% or more of revenue of any of the reportable segments.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;From&#13;all of the assets corresponding to the Operations Center in Argentina segments, Ps. 38,991 are located in Argentina and Ps. 303&#13;in other countries, principally in USA for Ps. 145 and Uruguay for Ps. 158.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is a summarized analysis of the lines of business of Group&amp;#8217;s operations center in Israel for the years ended June 30, 2018,&#13;2017 and 2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2018&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Israel&lt;/font&gt;&lt;/p&gt;&#13; 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text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,180&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;60,470&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;19,347&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(314&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(61,395&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Gross&#13;    profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;3,561&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;15,907&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;5,448&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;269&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;25,185&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Net&#13;    gain from fair value adjustment of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,996&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;164&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,160&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;General&#13; 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   &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;8,562&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(18,971&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(132,989&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Operating&#13;    assets (liabilities), net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;5,688&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;4,602&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(8,688&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(4,049&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;14,481&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 1px; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;From&#13;all revenues corresponding to the Operations Center in Israel, Ps. 1,482 are originated in USA (Ps. 1,149 in 2017) and the remaining&#13;in Israel. No external client represents 10% or more of the revenue of any of the reportable segments. From all assets corresponding&#13;to the Operations Center in Israel segments, Ps. 34,930 are located in USA&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(Ps.&#13;21,781 in 2017), Ps. 1,049 (Ps. 768 in 2017) in India and the remaining are located in Israel.&amp;#160;&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.5.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign currency&#13;    translation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Functional and&#13;    presentation currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Items&#13;included in the Financial Statements of each of the Group&amp;#8217;s entities are measured using the currency of the primary economic&#13;environment in which the entity operates (&amp;#8216;the functional currency&amp;#8217;). The Consolidated Financial Statements are presented&#13;in Argentine Pesos, which is the Group&amp;#8217;s presentation currency.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transactions&#13;    and balances in foreign currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions.&#13;Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange&#13;rates of monetary assets and liabilities nominated in foreign currencies are recognized in the profit or loss for the year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;exchange gains and losses are presented in the Statement of Income within finance income and finance costs, as appropriate, unless&#13;they have been capitalized.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Group companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;results and financial position of all the Group entities (none of which has the currency of a hyperinflationary economy) that&#13;have a functional currency different from the presentation currency are translated into the presentation currency as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;assets, liabilities&#13;    and goodwill for each Statement of Financial Position presented are translated at the closing rate at the date of that financial&#13;    position;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;income and expenses&#13;    for each Statement of Comprehensive Income are translated at average exchange rates (unless this average is not a reasonable&#13;    approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses&#13;    are translated at the rate on the dates of the transactions); and &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;all resulting exchange&#13;    differences are recognized in the Statement of Comprehensive Income.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 56.7pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;accounting policy of the Group consists in accounting the translation difference of its subsidiaries by the &amp;#8220;step-by-step&amp;#8221;&#13;method according to IAS 21.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.6.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investment properties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;properties are those properties owned by the Group that are held either to earn long-term rental income or for capital appreciation,&#13;or both, and that are not occupied by the Group for its own operations. Investment property also includes property that is being&#13;constructed or developed for future use as investment property. The Group also classifies as investment properties land whose&#13;future use has not been determined yet. The Group&amp;#8217;s investment properties primarily comprise the Group&amp;#8217;s portfolio&#13;of shopping malls and offices, certain property under development and undeveloped land.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Where&#13;a property is partially owner-occupied, with the rest being held for rental income or capital appreciation, the Group accounts&#13;for the portions separately. The portion that is owner-occupied is accounted for as property, plant and equipment under IAS 16&#13;&amp;#8220;Property, Plant and Equipment&amp;#8221; and the portion that is held for rental income or capital appreciation, or both, is&#13;treated as investment properties under IAS 40 &amp;#8220;Investment Properties&amp;#8221;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;properties are measured initially at cost. Cost comprises the purchase price and directly attributable expenditures, such as legal&#13;fees, certain direct taxes, commissions and in the case of properties under construction, the capitalization of financial costs.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;properties under development, capitalization of costs includes not only financial costs, but also all costs directly attributable&#13;to works in process, from commencement of construction until it is completed and property is in conditions to start operating.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Direct&#13;expenses related to lease contract negotiation (such as payment to third parties for services rendered and certain specific taxes&#13;related to execution of such contracts) are capitalized as part of the book value of the relevant investment properties and amortized&#13;over the term of the lease.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowing&#13;costs associated with properties under development or undergoing major refurbishment are capitalized. The finance cost capitalized&#13;is calculated using the Group&amp;#8217;s weighted average cost of borrowings after adjusting for borrowings associated with specific&#13;developments. Where borrowings are associated with specific developments, the amount capitalized is the gross interest incurred&#13;on those borrowings less any investment income arising on their temporary investment. Finance cost is capitalized from the commencement&#13;of the development work until the date of practical completion. Capitalization of finance costs is suspended if there are prolonged&#13;periods when development activity is interrupted. Finance cost is also capitalized on the purchase cost of land or property acquired&#13;specifically for redevelopment in the short term but only where activities necessary to prepare the asset for redevelopment are&#13;in progress.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;After&#13;initial recognition, investment property is carried at fair value. Investment property that is being redeveloped for continuing&#13;use as investment property or for which the market has become less active continues to be measured at fair value. Investment properties&#13;under construction are measured at fair value if the fair value is considered to be reliably determinable. On the other hand,&#13;properties under construction for which the fair value cannot be determined reliably, but for which the Group expects it to be&#13;determinable when construction is completed, are measured at cost less impairment until the fair value becomes reliably determinable&#13;or construction is completed, whichever is earlier.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;values are determined differently depending on the type of property being measured.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Generally,&#13;for the Operations Center in Argentina, fair value of office buildings and land reserves is based on active market prices, adjusted,&#13;if necessary, for differences in the nature, location or condition of the specific asset. If this information is not available,&#13;the Group uses alternative valuation methods, such as recent prices on less active markets or discounted cash flow projections.&#13;Fair value of office building for the Operations Center in Israel is based on discounted cash flow projections.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of the Group&amp;#8217;s portfolio of Shopping Malls is based on discounted cash flow projections. This method of valuation&#13;is commonly used in the shopping mall industry in the region where the Group conducts its operations.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of office buildings in the Operations Center in Israel is based on discounted cash flow projections.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;required by CNV 576/10 Resolution, valuations are performed as of the financial position date by accredited externals appraisers&#13;who have recognized professional qualifications and have recent experience in the location and category of the investment property&#13;being valued. These valuations form the basis for the carrying amounts in the Consolidated Financial Statements. The fair value&#13;of investment property reflects, among other things, rental income from current leases and other assumptions market participants&#13;would make when pricing the property under current market conditions.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Subsequent&#13;expenditures are capitalized to the asset&amp;#8217;s carrying amount only when it is probable that future economic benefits associated&#13;with the expenditure will flow to the Group and the cost can be measured reliably. All other repairs and maintenance costs are&#13;expensed when incurred. When part of an investment property is replaced, the carrying amount of the replaced part is derecognized.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in fair values are recognized in the Statement of Income under the line item &amp;#8220;Net gain from fair value adjustment of investment&#13;properties&amp;#8221;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asset&#13;transfers, including assets classified as investments properties which are reclassified under other items or vice-versa, may only&#13;be carried out when there is a change of use evidenced by: a) commencement of occupation of real property by the Group, where&#13;investment property is transferred to property, plant and equipment; b) commencement of development activities for sale purposes,&#13;where investment property is transferred to property for sale; c) the end of Group occupation, where it is transferred from property,&#13;plant and equipment to investment properties; or d) commencement of an operating lease transaction with a third party, where properties&#13;for sale are transferred to investment property. The value of the transfer is the one that the property had at the time of the&#13;transfer and subsequently is valued in accordance with the accounting policy related to the item.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group may sell its investment property when it considers that such property no longer forms part of the lease business. The carrying&#13;value immediately prior to the sale is adjusted to the transaction price, and the adjustment is recorded in the Statement of Income&#13;in the line &amp;#8220;Net gain from fair value adjustments of investment properties&amp;#8221;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;properties are derecognized when they are disposed of or when they are permanently withdrawn from use and no future economic benefits&#13;are expected to arise from their disposals. The disposal of properties is recognized when the significant risks and rewards have&#13;been transferred to the buyer. As for unconditional agreements, proceeds are accounted for when title to property passes to the&#13;buyer and the buyer intends to make the respective payment. In the case of conditional agreements, where such conditions have&#13;been met. Where consideration receivable for the sale of the properties is deferred, it is discounted to present value. The difference&#13;between the discounted amount and the amount receivable is treated as interest income and recognized over the period using the&#13;effective interest method. Direct expenses related to the sale are recognized in the line "Other operating results, net" in the&#13;Statement of Income at the time they are incurred.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.7.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Property, plant&#13;    and equipment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;category primarily comprises, buildings or portions of a building used for administrative purposes, machines, computers, and other&#13;equipment, motor vehicles, furniture, fixtures and fittings and improvements to the Group&amp;#8217;s corporate offices.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group has also several hotel properties. Based on the respective contractual arrangements with hotel managers and / or given their&#13;direct operators nature, the Group considers it retains significant exposure to the variations in the cash flows of the hotel&#13;operations, and accordingly, hotels are treated as owner-occupied properties and classified under "Property, plant and equipment".&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;All&#13;property, plant and equipment (&amp;#8220;PPE&amp;#8221;) is stated at acquisition cost less depreciation and accumulated impairment,&#13;if any. The acquisition cost includes expenditures which are directly attributable to the acquisition of the items. For properties&#13;under development, capitalization of costs includes not only financial costs, but also all costs directly attributable to works&#13;in process, from commencement of construction until it is completed and the property is in conditions to start operating.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Subsequent&#13;costs are included in the asset&amp;#8217;s carrying amount or recognized as a separate asset, as appropriate, only when it is probable&#13;that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably.&#13;Such costs may include the cost of improvements and replacement of parts as they meet the conditions to be capitalized. The carrying&#13;amount of those parts that are replaced is derecognized. Repairs and maintenance are charged as incurred in the Statement of Income.&#13;Depreciation, based on a component approach, is calculated using the straight-line method to allocate the cost over the assets&amp;#8217;&#13;estimated useful lives.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The remaining useful life as of June 30, 2018 is as follows:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="width: 69%; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Buildings&#13;    and facilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 31%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    5 and 50 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Machinery&#13;    and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    3 and 24 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Communication&#13;    networks&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    4 and 20 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    3 and 25 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of each fiscal year-end, an evaluation is performed to determine the existence of indicators of any decrease in recoverable value&#13;or useful life of assets. If there are any indicators, the recoverable amount and/or residual useful life of impaired asset(s)&#13;is estimated, and an impairment adjustment is made, if applicable. As of each fiscal year-end, the residual useful life of assets&#13;is estimated and adjusted, if necessary. The book amount of an asset is reduced to its recoverable value if the book value greater&#13;than its estimated recoverable value.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gains&#13;from the sale of these assets are recognized when the significant risks and rewards have transferred to the buyer. This will normally&#13;take place on unconditional exchange, generally when legal title passes to the buyer and it is probable that the buyer will pay.&#13;For conditional exchanges, sales are recognized when these conditions are satisfied. Gains and losses on disposals are determined&#13;by comparing the proceeds net of direct expenses related to such sales, with the carrying amount as of the date of each transaction.&#13;Gains and losses from the disposal of property, plant and equipment items are recognized within &amp;#8220;Other operating results,&#13;net&amp;#8221; in the Statement of Income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;assets of property, plant and equipment are transferred to investment property, the difference between the value at cost transferred&#13;and the fair value of the investment property is allocated to a reserve within equity.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.8.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Leases&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&#13;are classified at their inception as either operating or finance leases based on the economic substance of the agreement.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;Group company is the lessor:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Properties&#13;leased out to tenants under operating leases are included in &amp;#8220;Investment Properties&amp;#8221; in the Statement of Financial&#13;Position. See Note 2.25 for the recognition of rental income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group has not leased out to tenants under financial leases.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;Group company is the lessee:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group acquires certain specific assets (especially machinery and computer equipment) under finance leases. Finance leases are&#13;capitalized at the commencement of the lease at the lower of the fair value of the property and the present value of the minimum&#13;lease payments. Capitalized lease assets are depreciated over the shorter of the estimated useful life of the assets and the lease&#13;term. The finance charges are charged over the lease period so as to produce a constant periodic rate of interest on the remaining&#13;balance of the liability for each period. Liabilities corresponding to finance leases, measured at discounted value, are included&#13;in current and non-current borrowings.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operating&#13;leases where the Group acts as lessee were charged to results at the time they accrue. They mainly include offices and properties&#13;for commercial uses.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.9.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Intangible assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&#13;represents future economic benefits arising from assets that are not capable of being individually identified and separately recognized&#13;by the Group on an acquisition. Goodwill is initially measured as the difference between the fair value of the consideration transferred,&#13;plus the amount of non-controlling interest in the acquisition and, in business combinations achieved in stages, the acquisition-date&#13;fair value of the previously held equity interest in the acquisition; and the net fair value of the identifiable assets and liabilities&#13;assumed on the acquisition date.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&#13;is not amortized but tested for impairment at each fiscal year-end, or more frequently if there is an indication of impairment.&#13;For the purpose of impairment testing, assets are grouped at the lowest levels for which there are separately identifiable cash&#13;flows, referred to as cash-generating units (&amp;#8220;CGU&amp;#8221;). In order to determine whether any impairment loss should be recognized,&#13;the book value of CGU or CGU groups is compared against its recoverable value. Net book value of CGU and CGU groups include goodwill&#13;and assets with limited useful life (such as, investment properties, property, plant and equipment, intangible assets and working&#13;capital).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;If&#13;the recoverable amount of the CGU is less than the carrying amount of the unit, the impairment loss is allocated first to reduce&#13;the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro rata on the basis of the&#13;carrying amount of each asset in the unit. Impairment losses recognized for goodwill are not reversed in a subsequent period.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;recoverable amount of a CGU is the higher of the fair value less costs-to-sell and the value-in-use. The fair value is the amount&#13;at which a CGU may be sold in a current transaction between unrelated, willing and duly informed parties. Value-in-use is the&#13;present value of all estimated future cash flows expected to be derived from CGU or CGU groups.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&#13;is assigned to the Group's cash generating units on the basis of operating segments. The recoverable amount of a cash generating&#13;unit is determined based on fair value calculations. These calculations use the price of the CGU assets and they are compared&#13;with the book values plus the goodwill assigned to each cash generating unit.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;No&#13;impairment was recorded as a result of the analysis performed.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Computer software&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Acquired&#13;computer software licenses are capitalized on the basis of the costs incurred to acquire and bring to use the specific software.&#13;These costs are amortized over their estimated useful lives of three years. Costs associated with maintaining computer software&#13;programs are recognized as an expense as incurred.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Branding and&#13;    client relationships&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;relates to the fair value of brands and client relationships arising at the time of the business combination with IDBD. They are&#13;subsequently valued at cost, less the accumulated amortization or impairment. Client relationships have an average twelve-year&#13;useful life, while one of the brands have an indefinite useful life and the other ten-year useful life.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Right to receive&#13;    future units under barter agreements&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group also enters into barter transactions where it normally exchanges undeveloped parcels of land with third-party developers&#13;for future property to be constructed on the bartered land. The Group generally receives monetary assets as part of the transactions&#13;and/or a right to receive future units to be constructed by developers. Such rights are initially recognized at cost (which is&#13;the fair value of the land assigned) and are not adjusted later, unless there is any sign of impairment.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;each year-end, the Group reviews the carrying amounts of its intangible assets to determine whether there is any indication that&#13;those assets have suffered an impairment loss. If any of such signs exists, the recoverable amount of the asset is estimated in&#13;order to determine the extent, if any, of the impairment loss. For intangible assets with indefinite useful lives, the Group annually&#13;reviews the existence of an impairment, or more frequently if signs of impairment are identified.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.10.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trading properties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trading&#13;properties comprises those properties either intended for sale or in the process of construction for subsequent sale. Trading&#13;properties are carried at the lower of cost and net realizable value. Where there is a change in use of investment properties&#13;evidenced by the commencement of development with a view to sale, the properties are reclassified as trading properties at cost,&#13;which is the carrying value at the date of change in use. They are subsequently carried at the lower of cost and net realizable&#13;value. Cost comprises all costs of purchase, costs of conversion and other costs incurred in bringing the trading properties to&#13;their present location and condition.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.11.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Inventories &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inventories&#13;include assets held for sale in the ordinary course of the Group's business activities, assets in production or construction process&#13;for sale purposes, and materials, supplies or other assets held for consumption in the process of producing sales and/or services.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inventories&#13;are measured at the lower of cost or net realizable value.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;realizable value is the estimated selling price in the ordinary course of business less selling expenses. It is determined on&#13;an ongoing basis, taking into account the product type and aging, based on the accumulated prior experience with the useful life&#13;of the product. The Group periodically reviews the inventory and its aging and books an allowance for impairment, as necessary.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;cost of consumable supplies, materials and other assets is determined using the weighted average cost method, the cost of inventories&#13;of mobile phones, related accessories and spare parts is priced under the moving average method, and the cost of the remaining&#13;inventories is priced under the first in, first out (FIFO) method.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;comprises all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location&#13;and condition. Inventories and materials are initially recognized at cash price, and the difference being charged as finance cost.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories>
    <ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.12.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial instruments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group classifies financial assets in the following categories: those to be measured subsequently at fair value, and those to be&#13;measured at amortized cost. This classification depends on whether the financial asset is an equity investment or a debt investment.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Debt&#13;investments&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;debt investment is classified at amortized cost only if both of the following criteria are met: (i) the objective of the Group&amp;#8217;s&#13;business model is to hold the asset to collect the contractual cash flows; and (ii) the contractual terms give rise on specified&#13;dates to cash derived solely from payments of principal and interest due on the principal outstanding. The nature of any derivatives&#13;embedded in the debt investment are considered in determining whether the cash derives solely from payment of principal and interest&#13;due on the principal outstanding and are not accounted for separately.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;If&#13;either of the two criteria mentioned in the previous paragraph is not met, the debt instrument is classified at fair value through&#13;profit or loss. The Group has not designated any debt investment as measured at fair value through profit or loss to eliminate&#13;or significantly reduce an accounting mismatch. Changes in fair values and gains from disposal of financial assets at fair value&#13;through profit or loss are recorded within &amp;#8220;Financial results, net&amp;#8221; in the Statement of Income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;investments&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;All&#13;equity investments, which are neither subsidiaries nor associate companies nor joint venture of the Group, are measured at fair&#13;value. Equity investments that are held for trading are measured at fair value through profit or loss. For all other equity investments,&#13;the Group can make an irrevocable election at initial recognition to recognize changes in fair value through other comprehensive&#13;income rather than profit or loss. The Group decided to recognize changes in fair value of equity investments through changes&#13;in profit or loss.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at fair&#13;value through profit or loss, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction&#13;costs of financial assets carried at fair value though profit or loss are expensed in the Statement of Income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;general, the Group uses the transaction price to ascertain the fair value of a financial instrument on initial recognition. In&#13;the other cases, the Group records a gain or loss on initial recognition only if the fair value of the financial instrument can&#13;be supported by other comparable transactions observable in the market for the same type of instrument or if based on a technical&#13;valuation that only inputs observable market data. Unrecognized gains or losses on initial recognition of a financial asset are&#13;recognized later on, only to the extent they arise from a change in factors (including time) that market participants would consider&#13;upon setting the price.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gains/losses&#13;on debt instruments measured at amortized cost and not identified for hedging purposes are charged to income where the financial&#13;assets are derecognized or an impairment loss is recognized, and during the amortization process under the effective interest&#13;method. The Group is required to reclassify all affected debt investments when and only when its business model for managing those&#13;assets changes.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group assesses at the end of each reporting period whether there is objective evidence that a financial asset or group of financial&#13;assets measured at amortized cost is impaired. A financial asset or a group of financial assets is impaired and impairment losses&#13;are incurred only if there is objective evidence of impairment as a result of one or more events that occurred after the initial&#13;recognition of the asset (a &amp;#8216;loss event&amp;#8217;) and that loss event (or events) can be reliably estimated. The amount of&#13;the loss is measured as the difference between the asset&amp;#8217;s carrying amount and the present value of estimated future cash&#13;flows (excluding future credit losses that have not been incurred) discounted at the financial asset&amp;#8217;s original effective&#13;interest rate.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;assets and liabilities are offset, and the net amount reported in the statement of financial position, when there is a legally&#13;enforceable right to offset the recognized amounts and there is an intention to settle on a net basis, or realize the asset and&#13;settle the liability simultaneously.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory>
    <irsa:GroupsOfAssetsAndLiabilitiesHeldForSalePolicyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.14.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Groups of assets&#13;    and liabilities held for sale&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;groups of assets and liabilities are classified as held for sale where the Group is expected to recover their value by means of&#13;a sale transaction (rather than through use) and where such sale is highly probable. Groups of assets and liabilities held for&#13;sale are valued at the lower of their net book value and fair value less selling costs.&lt;/font&gt;&lt;/p&gt;</irsa:GroupsOfAssetsAndLiabilitiesHeldForSalePolicyExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.15.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trade and other&#13;    receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;receivables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;An&#13;allowance for doubtful accounts is recorded where there is objective evidence that the Group may not be able to collect all receivables&#13;within their original payment term. Indicators of doubtful accounts include significant financial distress of the debtor, the&#13;debtor potentially filing a petition for reorganization or bankruptcy, or any event of default or past due account.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the case of larger non-homogeneous receivables, the impairment provision is calculated on an individual basis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group collectively evaluates smaller-balance homogeneous receivables for impairment. For that purpose, they are grouped on the&#13;basis of similar risk characteristics, and account asset type, collateral type, past-due status and other relevant factors are&#13;taken into account.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;amount of the allowance is the difference between the asset&amp;#8217;s carrying amount and the present value of estimated future&#13;cash flows, discounted at the original effective interest rate. The carrying amount of the asset is reduced through the use of&#13;a separate account, and the amount of the loss is recognized in the Statements of Income within &amp;#8220;Selling expenses&amp;#8221;.&#13;Subsequent recoveries of amounts previously written off are credited against &amp;#8220;Selling expenses&amp;#8221; in the Statements&#13;of Income.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory>
    <ifrs-full:DisclosureOfOtherAssetsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.16.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;assets are recognized initially at cost and subsequently measured at the acquisition cost or the net realizable value, the lower.&#13;Within this item the Group includes CLN tokens (digital assets).&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfOtherAssetsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.18.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Borrowings&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;are recognized initially at fair value, net of transaction costs incurred. Borrowings are subsequently stated at amortized cost;&#13;any difference between the proceeds (net of transaction costs) and the redemption value is recognized as finance cost over the&#13;period of the borrowings using the effective interest method.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.22.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Employee benefits&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Defined contribution&#13;    plans&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group operates a defined contribution plan, which is a pension plan under which the Group pays fixed contributions into a separate&#13;entity. The Group has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets&#13;to pay all employees the benefits relating to employee service in the current year or prior periods. The contributions are recognized&#13;as employee benefit expense in the Statements of Income in the fiscal year they are due.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Termination benefits&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Termination&#13;benefits are payable when employment is terminated by the Group before the normal retirement date, or whenever an employee accepts&#13;voluntary redundancy in exchange for these benefits. The Group recognizes termination benefits when it is demonstrably committed&#13;to either terminating the employment of current employees according to a detailed formal plan without possibility of withdrawal&#13;or as a result of an offer made to encourage voluntary termination as a result of redundancy.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Bonus plans&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group recognizes a liability and an expense for bonuses based on a formula that takes into consideration the profit attributable&#13;to the Company&amp;#8217;s shareholders after certain adjustments. The Group recognizes a provision where contractually obliged or&#13;where there is a past practice that has created a constructive obligation.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Defined benefit&#13;    plans&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s net obligation concerning defined benefit plans are calculated on an individual basis for each plan, estimating&#13;the future benefits employees have gained in exchange for their services in the current and prior periods. The benefit is disclosed&#13;at its present value, net of the fair value of the plan assets. Calculations are made on an annual basis by a qualified actuary.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(e)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share-based payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of share-based payments is measured at the date of grant. The Group measures the fair value using the valuation technique&#13;that it considers to be the most appropriate to value each class of award. Methods used may include Black-Scholes calculations&#13;or other models as appropriate. The valuations take into account factors such as non-transferability, exercise restrictions and&#13;behavioral considerations.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of the share-based payment is expensed and charged to income under the straight-line method over the vesting period&#13;in which the right to the equity instrument becomes irrevocable (&amp;#8220;vesting period&amp;#8221;); such value is based on the best&#13;available estimate of the number of equity instruments expected to vest. Such estimate is revised if subsequent information available&#13;indicates that the number of equity instruments expected to vest differs from original estimates.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(f)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other long-term&#13;    benefits&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;net obligations of IDBD, DIC and its subsidiaries concerning employee long-term benefits, other than retirement plans, is the&#13;amount of the minimum future benefits employees have gained in exchange for their services in the current and prior periods. These&#13;benefits are discounted at their present values.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory>
    <irsa:CurrentIncomeTaxDeferredIncomeTaxAndMinimumPresumedIncomeTaxPolicyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.23.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current income&#13;    tax, deferred income tax and minimum presumed income tax&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;expense for the year comprises the charge for tax currently payable and deferred income. Income tax is recognized in the statements&#13;of income, except to the extent that it relates to items recognized in other comprehensive income or directly in equity, in which&#13;case, the tax is also recognized in other comprehensive income or directly in equity, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&#13;income tax charge is calculated on the basis of the tax laws enacted or substantially enacted at the date of the Statements of&#13;Financial Position in the countries where the Company and its subsidiaries operate and generate taxable income. The Group periodically&#13;evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation.&#13;The Group establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax is recognized, using the deferred tax liability method, on temporary differences arising between the tax bases of assets&#13;and liabilities and their carrying amounts in the Consolidated Financial Statements. However, deferred tax liabilities are not&#13;recognized if they arise from the initial recognition of goodwill; deferred income tax is not accounted for if it arises from&#13;initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction&#13;affects neither accounting nor taxable profit or loss. Deferred income tax is determined using tax rates (and laws) that have&#13;been enacted or substantively enacted by the date of the Statements of Financial Position and are expected to apply when the related&#13;deferred income tax asset is realized or the deferred income tax liability is settled.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax assets are recognized only to the extent that it is probable that future taxable profit will be available against which&#13;the temporary differences can be utilized. Deferred income tax is provided on temporary differences arising on investments in&#13;subsidiaries, joint ventures and associates, except for deferred income tax liabilities where the timing of the reversal of the&#13;temporary difference is controlled by the Group and it is probable that the temporary difference will not reverse in the foreseeable&#13;future.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets against current&#13;tax liabilities and when the deferred income taxes assets and liabilities relate to income taxes levied by the same taxation authority&#13;on either the same taxable entity or different taxable entities where there is an intention to settle the balances on a net basis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group is able to control the timing of dividends from its subsidiaries and hence does not expect taxable profit. Hence, deferred&#13;tax is recognized in respect of the retained earnings of overseas subsidiaries only if at the date of the Statements of Financial&#13;Position, dividends have been accrued as receivable a binding agreement to distribute past earnings in future has been entered&#13;into by the subsidiary or there are sale plans in the foreseeable future.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Entities&#13;in Argentina are subject to the Minimum Presumed Income Tax (&amp;#8220;MPIT&amp;#8221;). Pursuant to this tax regime, an entity is required&#13;to pay the greater of the income tax or the MPIT. The MPIT provision is calculated on an individual entity basis at the statutory&#13;asset tax rate of 1% and is based upon the taxable assets of each company as of the end of the year, as defined by Argentine law.&#13;Any excess of the MPIT over the income tax may be carried forward and recognized as a tax credit against future income taxes payable&#13;over a 10-year period. When the Group assesses that it is probable that it will use the MPIT payment against future taxable income&#13;tax charges within the applicable 10-year period, recognizes the MPIT as a current or non-current receivable, as applicable, within&#13;&amp;#8220;Trade and other receivables&amp;#8221; in the Statements of Financial Position.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;minimum presumed income tax was repeeled by Law N &amp;#176; 27,260 in its article 76 for the periods that begin as of January 1,&#13;2019.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Regarding&#13;the above mentioned, considering the recent Instruction No. 2 of the Federal Administration of Public Revenues (AFIP), it is not&#13;appropriate to record the provision of the above mention tax, in the event that accounting and tax losses occur.&lt;/font&gt;&lt;/p&gt;</irsa:CurrentIncomeTaxDeferredIncomeTaxAndMinimumPresumedIncomeTaxPolicyExplanatory>
    <irsa:CostOfSalesPolicyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.26.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cost of sales&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;cost of sales of supermarkets, includes the acquisition costs for the products less discounts granted by suppliers, as well as&#13;all expenses associated with storing and handling inventories. It also includes operational and management costs for shopping&#13;malls held by the Group as part of its real estate investments.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s cost of sales in relation to the supply of communication services mainly includes the costs to purchase equipment,&#13;salaries and related expenses, service costs, royalties, ongoing license dues, interconnection and roaming expenses, cell tower&#13;lease costs, depreciation and amortization expenses and maintenance expenses directly related to the services provided.&lt;/font&gt;&lt;/p&gt;</irsa:CostOfSalesPolicyExplanatory>
    <irsa:ShareCapitalPolicyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.28.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share capital&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Ordinary&#13;shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown&#13;in equity as a deduction, net of tax, from the proceeds.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;any Group&amp;#8217;s subsidiary purchases the Company&amp;#8217;s equity share capital (treasury shares), the consideration paid, including&#13;any directly attributable incremental costs (net of income taxes) is deducted from equity attributable to the Company&amp;#8217;s&#13;equity holders until the shares are cancelled or reissued. When such ordinary shares are subsequently reissued, any consideration&#13;received, net of any directly attributable incremental transaction costs and related income tax effects, is included in equity.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Instruments&#13;issued by the Group that will be settled by the Company delivering a fixed number of its own equity instruments in exchange for&#13;a fixed amount of cash or another financial asset are classified as equity.&lt;/font&gt;&lt;/p&gt;</irsa:ShareCapitalPolicyExplanatory>
    <irsa:ComparabilityOfInformationPolicyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.29.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Comparability&#13;    of information &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;required by IFRS 3, the information of IDBD and DIC is included in the Consolidated Financial Statements of the Group from the&#13;date that control was obtained, that is from October 11, 2015, and the prior periods were not modified by this situation. Therefore,&#13;the consolidated financial information for periods after the acquisition is not comparable with prior periods. Additionally, results&#13;for the fiscal year ended June 30, 2018 and 2017 includes 12 full months of results from IDBD and DIC, for the period beginning&#13;April 1&lt;sup&gt;st&lt;/sup&gt; through March 31, while results for the fiscal year ended June 30, 2016 includes the results from IDBD for&#13;the period beginning October 11, 2015 through March 31, 2016; both adjusted for significant transactions that took place between&#13;April 1&lt;sup&gt;st. &lt;/sup&gt;and June 30. Hence, the result for the reported periods are not comparable.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Furthermore,&#13;during the fiscal year ended as of June 30, 2018 and 2016, the Argentine Peso devalued against the US Dollar and other currencies&#13;by around 73% and 65%, respectively, which has an impact in comparative information presented in the Financial Statements, due&#13;mainly to the currency exposure of our income and costs from the "Offices" segment, and our assets and liabilities in foreign&#13;currency. During the fiscal year ended as of June 30, 2017, the devaluation of the Argentine Peso against the US Dollar was not&#13;significant.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balances as of June 30, 2017 and 2016, which are disclosed for comparative porpoises arise from the Consolidated Financial Statements&#13;as of June 30, 2017. Certain items from prior fiscal years have been reclassified for consistency purposes. See Note 4.G. regarding&#13;the loss of control in Shufersal.&lt;/font&gt;&lt;/p&gt;</irsa:ComparabilityOfInformationPolicyExplanatory>
    <irsa:OutofperiodAdjustmentPolicyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.30.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Out-of-period&#13;    adjustments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 38.25pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;the fiscal year ended June 30, 2017, the Group reclassified Ps. 31 into intangible assets, Ps. 224 into investment property, Ps.&#13;59 into deferred tax liabilities and Ps. 133 into non-controlling interests, with modifications to such items by those amounts&#13;for the previous fiscal year. These reclassifications were not material to the Financial Statements previously issued, and are&#13;not material to these Consolidated Financial Statements, either individually or as a whole.&lt;/font&gt;&lt;/p&gt;</irsa:OutofperiodAdjustmentPolicyExplanatory>
    <irsa:DescriptionOfAccountingPolicyOnerousContractsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.20.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Onerous contracts&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;provision for onerous contracts is recognized when the expected benefits are lower than the costs of complying with contractual&#13;obligations. The provision is measured at the present value of the lower of the expected cost of terminating the contract and&#13;the net expected cost of continuing the contract. Before recognizing a provision, the Group recognizes the impairment of the assets&#13;related to the mentioned contract.&lt;/font&gt;&lt;/p&gt;</irsa:DescriptionOfAccountingPolicyOnerousContractsExplanatory>
    <irsa:DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;ratios are within the ranges previously established by the Group&amp;#8217;s strategy.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operation&#13;Center in Argentina&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 55%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13; 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vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Gearing&#13;    ratio (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;40.83%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;31.66%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;29.91%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Debt&#13;    ratio (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;40.58%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;29.13%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;25.27%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operation&#13;Center in Israel&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 55%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2018&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2017&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2016&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Gearing&#13;    ratio (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;82.85%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;81.95%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;82.74%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Debt&#13;    ratio (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;148.46%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;128.04%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;137.75%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 42.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Calculated as total&#13;    of borrowings over total borrowings plus equity attributable equity holders of the parent company. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 42.55pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Calculated as total&#13;    borrowings over total properties (including trading properties, property, plant and equipment, investment properties and rights&#13;    to receive units under barter agreements).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory>
    <irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1 contextRef="From2017-07-01to2018-06-30" unitRef="ars" decimals="-6">5338000000</irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1>
    <irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1 contextRef="From2016-07-01to2017-06-30" unitRef="ars" decimals="-6">1977000000</irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1>
    <irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1 contextRef="From2015-07-01to2016-06-30" unitRef="ars" decimals="-6">9356000000</irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1>
    <irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1 contextRef="From2017-07-01to2018-06-30" unitRef="ars" decimals="-6">17157000000</irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1>
    <irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1 contextRef="From2016-07-01to2017-06-30" unitRef="ars" decimals="-6">3103000000</irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1>
    <irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1 contextRef="From2015-07-01to2016-06-30" unitRef="ars" decimals="-6">4251000000</irsa:ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1>
    <ifrs-full:DisclosureOfJointVenturesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;if the Group&amp;#8217;s investments in associates and joint ventures for the fiscal years ended June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 69%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Beginning&#13;    of the year &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,813&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,835&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Increase&#13;    in equity interest in associates and joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;343&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,102&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Issuance&#13;    of capital and contributions (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;156&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;160&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capital&#13;    reduction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(284)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(32)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Decrease&#13;    for control obtainment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(59)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Distribution&#13;    of non-controlling interest&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;107&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Decrease&#13;    of interest in associate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(339)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;    of (loss) / profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(701)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;378&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,056&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;232&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfer&#13;    to loans to associates (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    (ii) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(319)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(250)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Distribution&#13;    for associate liquidation (iii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(72)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Incorporation&#13;    of deconsolidated subsidiary, net (see Note 4.G.)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,763&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reclassification&#13;    to held for sale&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(44)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(10,709)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;End&#13;    of the year (iv) &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22,198&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,813&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Georgia, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&amp;#160;&amp;#160;&#13;Corresponds to a reclassification made at the time of formalizing the loan repayment terms with the associate in the Operations&#13;Center in Israel.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Georgia, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&amp;#160;&#13;See Note 29.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&#13;Corresponds to the distribution of the income from Baicom&amp;#8217;s liquidation.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iv)&#13;Includes Ps. (2,452) and Ps. (72) reflecting interests in companies with negative equity as of June 30, 2018 and 2017, respectively,&#13;which are disclosed in &amp;#8220;Provisions&amp;#8221; (see Note 18).&lt;br style="clear: both" /&gt;&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfJointVenturesExplanatory>
    <irsa:DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 34.9pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is a detail of the investments and the values of the stake held by the Group in associates and joint ventures for the years ended&#13;as of June 30, 2018 and 2017, as well as the Group's share of the comprehensive results of these companies for the years ended&#13;on June 30, 2018, 2017 and 2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 21.25pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Name&#13;    of the entity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    ownership interest &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Value&#13;    of Group's interest in equity &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Group's&#13;    interest in comprehensive income / (loss)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; width: 27%; padding-right: 5.4pt; text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Associates&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;    Lipstick (1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,452)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(72)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,380)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(201)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(64)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;BHSA&#13;    (2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;29.91%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30.66%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30.66%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,250&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,693&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;618&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;83&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;259&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13; 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   (5)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    estate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;120,827,022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;242&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,079&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,113&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;La&#13;    Rural S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Organization&#13;    of events&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;714,498&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;78&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mehadrin&#13;    (6)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Agriculture&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,509,889&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;    57&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;    595&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;N/A&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;N/A&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;N/A&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;    Lipstick's equity comprises a rental office building in New York City known as the &amp;#8220;Lipstick Building&amp;#8221; with related&#13;    debt. Metropolitan, a subsidiary of New Lipstick, has renegotiated its non-recourse debt with IRSA, which amounted to US$&#13;    113.1, and obtained a debt reduction of US$ 20 by the lending bank, an extension to April 30, 2020 and an interest rate reduction&#13;    from LIBOR + 4 b.p. to 2 b.p. upon payment of US$ 40 in cash (US$ 20 in September 2017 and US$ 20 in October 2017), of which&#13;    IRSA has contributed with US$ 20. Following the renegotiation, Metropolitan&amp;#8217;s debt amounts to US$ 53.1. Additionally,&#13;    Metropolitan has agreed to exercise on or before February 1, 2019 the purchase option on part of the land where the property&#13;    is built and, to deposit the sum of money corresponding to 1% of the purchase price. Furthermore, Metropolitan has agreed&#13;    to cause IRSA and other shareholders to furnish the bank, on or before February 1, 2020, with a payment guarantee with acceptable&#13;    financial ratios fot the Bank for the outstanding balance of the purchase price, or a letter of credit in relation to the&#13;    loan balance then outstanding.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;BHSA&#13;    is a full-service commercial bank offering a wide variety of banking activities and related financial services to individuals,&#13;    small- and medium-sized companies and large corporations. The effect of Treasury shares was considered. Share market value&#13;    is Ps. 6.65 per share&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Condor&#13;    is a hotel-focused real estate investment trust (REIT). Share market value as of June 30, 2018 is Ps. 10.70 per share.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Adama&#13;    is specialized in the chemical industry, mainly, in the agrochemical industry. See note 4.I.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Quality&#13;    is engaged in the operation of the San Mart&amp;#237;n premises (formerly owned by Nobleza Piccardo S.A.I.C. y F.).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mehadrin&#13;    is a company engaged in the production and exports of citrus, fruits and vegetables. The Group has a joint venture agreement&#13;    in relation to this company. Share market value as of June 30, 2018 is NIS 18.78 per share.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;    market value as of June 30, 2018 is NIS 2.24 per share&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 28.3pt 0 14.2pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amounts&#13;    in millions of US Dollars under USGAAP. Condor&amp;#8217;s year-end falls on December 31, so the Group estimates their interest&#13;    with a three-month lag, including material adjustments, if any.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amounts&#13;    in millions of NIS.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(***)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 28.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    balances as of June 30, 2018 correspond to the Financial Statements of BHSA prepared in accordance with BCRA standards. For&#13;    the purpose of the valuation of the investment in the company, necessary adjustments to adequate the Financial Statements&#13;    to IFRS have been considered.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory>
    <irsa:DisclosureOfFinancialInformationOfTheJointVenturesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Set&#13;out below is summarized financial information of the associates and joint ventures considered to be material to the Group:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 32%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&#13;    Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&#13;    Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&#13;    Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&#13;    Liabilities &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 5%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 3%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    of ownership interest held&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 3%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&#13;    in associate and joint venture&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&#13;    and others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 5%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Book&#13;    value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap; text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;As&#13;    of 06.30.18&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 10pt; line-height: 115%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap; text-decoration: underline"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Associates&lt;/u&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;BHSA&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;56,150&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;24,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44,697&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28,560&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,730&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iv)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;29.9%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,312&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.55pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;    March 2011, Quality acquired an industrial plant located in San Mart&amp;#237;n, Province of Buenos Aires. The facilities are&#13;    suitable for multiple uses. On January 20, 2015, Quality agreed with the Municipality of San Martin on certain re zoning and&#13;    other urban planning matters (&amp;#8220;the Agreement&amp;#8221;) to surrender a non-significant portion of the land and a monetary&#13;    consideration of Ps. 40 million, payable in two installments of Ps. 20 each, the first of which was actually paid on June&#13;    30, 2015. In July 2017, the Agreement was amended as follows: 1) a revised zoning plan must be submitted within 120 days as&#13;    from the amendment date, and 2) the second installment of the monetary considerations was increased to Ps. 71 million payables&#13;    in 18 equal monthly installments. On March 8, 2018, it was agreed with the well-known Gehl Study (Denmark) - Urban Quality&#13;    Consultant - the elaboration of a Master Plan, generating a modern concept of New Urban District of Mixed Uses.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/9.5pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.55pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Considering&#13;    the effect of Treasury shares.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/9.5pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iv)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.55pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    of non-controlling interest.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfFinancialInformationOfTheJointVenturesExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in the Group&amp;#8217;s investment properties according to the fair value hierarchy for the years ended June 30, 2018 and 2017 were&#13;as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 53%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value at the beginning of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8,158&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;91,795&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,594&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;76,109&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additions&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,335&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,954&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;592&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,059&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    cost charged&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;60&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalized&#13;    leasing costs &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization&#13;    of capitalized leasing costs (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    from / to property, plant and equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,705&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;173&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    to trading properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;353&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(14)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reclassification&#13;    to assets held for sale&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(521)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(71)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deconsolidation&#13;    (see Note 4.G.)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,489)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assets&#13;    incorporated by business combination&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;107&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reclassifications&#13;    previous years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(224)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disposals&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(179)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(392)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(179)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(41)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,494&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    gain from fair value adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,437&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,332&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,143&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,310&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value at the end of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,125&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;146,601&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8,158&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;91,795&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Amortization charges of capitalized leasing costs were included in &amp;#8220;Costs&amp;#8221; in the Statements of Income (Note 23).&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory>
    <irsa:DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following amounts have been recognized in the Statements of Income:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    and services income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,671&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,711&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,268&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Direct&#13;    operating expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,046)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,838)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,888)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Development&#13;    expenditures &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,731)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,397)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    realized gain from fair value adjustment of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;227&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;128&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;908&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    unrealized gain from fair value adjustment of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,542&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,325&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,651&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory>
    <ifrs-full:DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table presents information regarding the fair value measurements of investment properties using significant unobservable&#13;inputs (Level 3):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity&#13;    (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.18&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.17&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Valuation&#13;    technique&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 27%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Parameters&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Range&#13;    fiscal year 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Increase&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Decrease&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Increase&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Decrease&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    properties in Israel - Offices (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7.00%&#13;    a 9.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,556)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,864&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,040)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,193&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average rental value per square meter (m2) per month, in NIS&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    63&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,037&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,037)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,772&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,772)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    properties in Israel - Commercial use (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7.00%&#13;    a 9.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,322)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,457&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(759)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;853&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average rental value per square meter (m2) per month, in NIS&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    87&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,640&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,640)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,003)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    properties in Israel - Industrial use (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7.75%&#13;    a 9.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(477)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;538&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(316)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;377&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average rental value per square meter (m2) per month, in NIS&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;996&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(996)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;599&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(599)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    properties in USA - HSBC Building (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.25%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,212)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   73&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,654&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,654)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,497&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,497)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    properties in USA - Las Vegas project (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8.50%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(134)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;141&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(86)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;91&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average rental value per square meter (m2) per month, in USD&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USD&#13;    33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;301&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(301)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;200&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(200)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="4" style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Shopping&#13;    Malls in Argentina (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9.79%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,046)&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,035&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,643)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,684&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,425)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Devaluation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,554)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,831&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,703)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,054&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Plot&#13;    of land in Argentina (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Comparable&#13;    with incidence adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Value&#13;    per square meter (m2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,200&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;64&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;65&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(52)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;%&#13;    of incidence&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,165&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,167)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,202)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Properties&#13;    under development in Israel (Level 3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    fair value of the investment property after completing the construction&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average construction cost per square meter (m2) in NIS&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,787&#13;    NIS/m2 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;    weighted average discount rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7.00%&#13;    a 9.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(377)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;377&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(437)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;437&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;For the next 5 years, an average AR$ / US$ exchange rate with an upward trend was considered, starting at Ps. 19.51 (corresponding&#13;to the year ended June 30, 2018) and arriving at Ps. 49.05. In the long term, a nominal devaluation rate of 5.6% calculated based&#13;on the quotient between inflation in Argentina and the United States is assumed. The considered inflation shows a downward trend,&#13;which starts at 25.0% (corresponding to the year ended June 30, 2018) and stabilizes at 8% after 10 years. These premises were&#13;determined at the closing date of the fiscal year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Considering an increase or decrease of: 100 points for the discount and growth rate in Argentina, 10% for the incidence and inflation,&#13;20% for the devaluation, 50 points for the discount rate of Israel and USA, and 1% for the value of the m2.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in the Group&amp;#8217;s property, plant and equipment for the years ended June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 43%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Buildings&#13;    and facilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Machinery&#13;    and equipment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Communication&#13;    networks&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;br /&gt;&lt;font style="line-height: 115%"&gt;&lt;b&gt;(i)&lt;/b&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at June 30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Costs&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;13,886&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;3,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;5,974&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;2,776&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    book amount at June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;1,113&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;314&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;9,618&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;2,358&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;13,403&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/7pt Georgia, Times, Serif; margin: 0; text-align: justify; text-indent: -14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&amp;#160;&amp;#160;&amp;#160;&#13;Includes furniture and fixtures, vehicles and aircrafts which have been reclassified to held for sale. (See Note 4)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/7pt Georgia, Times, Serif; margin: 0; text-align: justify; text-indent: -14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: -14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)As&#13;of June 30, 2018 and 2017, depreciation charges of property, plant and equipment were recognized: Ps. 1,764 and Ps. 1,522 in "Costs",&#13;Ps. 175 and Ps. 251 in "General and administrative expenses" and Ps. 32 and Ps. 889 in "Selling expenses", respectively in the&#13;Statements of Income, (Note 23). In addition, a depreciation charge in the amount of Ps. 1,539 and Ps. 96, was recognized in "Discontinued&#13;operations" as of June 30, 2018 and 2017, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: -14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/7pt Georgia, Times, Serif; margin: 0; text-align: justify; text-indent: -14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&amp;#160;&amp;#160;&#13;See Note 4.D. Includes other non-significant business combinations.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory>
    <irsa:TradingPropertiesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in the Group&amp;#8217;s trading properties for the fiscal years ended June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 42%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Completed&#13;    properties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Properties&#13;    under development (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Undeveloped&#13;    sites&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;At&#13;    June 30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;236&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,533&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,202&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,971&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additions&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,188&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;652&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;167&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;971&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,232&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,249&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,250&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,781&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 42.55pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 42.55pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Includes&#13;Zetol and Vista al Muelle plots of land, which have been mortgaged to secure Group's borrowings. The net book value amounted to&#13;Ps. 306 and Ps. 190 as of June 30, 2018 and 2017, respectively. Additionally, the Group has contractual obligations not provisioned&#13;related to these plot of lands committed when certain properties were acquired or real estate projects were approved, and amount&#13;to Ps. 372 and&lt;br style="clear: both" /&gt;&#13;Ps. 135, respectively. Both projects are expected to be completed in 2029.&lt;/font&gt;&lt;/p&gt;</irsa:TradingPropertiesExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in the Group&amp;#8217;s intangible assets for the years ended June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0 58.1pt 0 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 37%; padding-right: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&#13;    (v)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trademarks&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Licenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Customer&#13;    relations&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Information&#13;    systems and software&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Contracts&#13;    and others&lt;/b&gt;&lt;br /&gt;&lt;b&gt;(ii) (iii)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at June 30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Costs&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,214&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;817&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,923&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,189&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,458&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,979&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    amortization &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(23)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(58)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(704)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(241)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,216)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    book amount at June 30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,933&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,281&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,695&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,926&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    amortization &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(197)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(481)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,632)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,627)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,692)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(8,629)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    book amount at June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,086&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,077&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,176&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,301&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,654&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,003&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,297&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.6pt"&gt;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization&#13;                                         charge was recognized in the amount of Ps. 482 and Ps. 487 under "Costs", in the amount&#13;                                         of Ps. 399 and Ps. 333 under "General and administrative expenses" and Ps. 880 and Ps.&#13;                                         1,231 under "Selling expenses" as of June 30, 2018 and 2017, respectively in the Statements&#13;                                         of Income (Note 23). In addition, a charge of Ps. 238 and Ps. 31 was recognized under&#13;                                         "Discontinued operations" as of June 30, 2018 and 2017, respectively.&lt;/font&gt;&lt;/p&gt;&#13;                                                           &lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;.&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.6pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Includes&#13;    "Rights of use". Corresponds to Distrito Arcos &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.6pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Includes&#13;    "Rights to receive future units under barter agreements". Corresponds to receivables in kind representing the right to receive&#13;    residential apartments in the future under barter agreements. Caballito: On June 29, 2011, the Group and TGLT entered into&#13;    a barter agreement in the amount of US$ 12.8. In 2013, a neighborhood association secured a preliminary injunction which suspended&#13;    the works to be carried out by TGLT in the property and started a claim against GCBA and TGLT. As a consequence of the unfavorable&#13;    rulings rendered by lower courts and appellate courts in the cited proceeding, the Group and TGLT reached a settlement agreement&#13;    dated December 30 2016, whereby they agreed to provide a deed for the revocation of the barter agreement, after TGLT resolved&#13;    certain issues. Consequently, the Group has decided to deregister the intangible asset related to this transaction, thus recognizing&#13;    a loss of Ps. 27.7. Subsequently, on April 26, 2018, the deed for the revocation was signed, which extinguished the obligations&#13;    arising from the barter agreement dated June 29, 2011, and its amending agreements. Thus, the Group has received the property&#13;    located in Caballito again.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iv)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.6pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;See&#13;    Note 4.D. Includes other non-significant business combinations.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(v)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify; padding-right: 15.6pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    goodwill assigned to real estate in Israel amounts to NIS 155 (Ps. 907 at the exchange rate at the end of the financial year&#13;    2018), that assigned to telecommunications amounts to NIS 268 (Ps. 2,114 at the exchange rate at the end of the financial&#13;    year 2018) and the one assigned to supermarkets amounted to NIS 192. The rest is goodwill that is allocated to the real estate&#13;    segment of Argentina.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory>
    <ifrs-full:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;assets and financial liabilities as of June 30, 2018 are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at amortized cost (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subtotal&#13;    financial assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-financial&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&#13;    as per Statement of Financial Position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables (excluding the allowance for doubtful accounts and other receivables) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,648&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;118&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    liabilities &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;216,882&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;173&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;217,087&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,836&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;224,923&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The fair value of financial assets and liabilities&#13;    at their amortized cost does not differ significantly from their book value, except for borrowings (Note 20).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;assets and financial liabilities as of June 30, 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at amortized cost (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subtotal&#13;    financial assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-financial&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&#13;    as per Statements of Financial Position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables (excluding the allowance for doubtful accounts and other receivables) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,731&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;29&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;29&lt;/font&gt;&lt;/td&gt;&#13; 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padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;954&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    assets held for sale:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&#13;    Clal &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,562&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,562&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,562&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    and cash equivalents:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&#13;    Cash at bank and on hand &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,529&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&#13;    Short term investments &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,510&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,815&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,325&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,325&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    assets &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; 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   &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    liabilities at amortized cost (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    liabilities at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; 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   &lt;td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13; 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   &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,166&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; 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font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0pt"&gt;&lt;/td&gt;&lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The fair value of financial assets and liabilities&#13;    at their amortized cost does not differ significantly from their book value, except for borrowings (Note 19).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Corresponds to deposits in guarantee and escrows.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory>
    <irsa:DisclosureOfBookValueOfFinancialInstrumentsRecognizedExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following are details of the book value of financial instruments recognized, which were offset in the statements of financial&#13;position:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As&#13;    of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As&#13;    of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    amounts recognized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    amounts offset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    amount presented&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    amounts recognized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    amounts offset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    amount presented&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables (excluding the allowance for doubtful accounts and other receivables)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,523&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(875)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,648&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,602&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(871)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,731&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,140&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(875)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,265&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,037&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(871)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,166&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfBookValueOfFinancialInstrumentsRecognizedExplanatory>
    <irsa:DisclosureOfIncomeExpenseGainsOrLossesOfFinancialInstrumentsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income,&#13;expense, gains and losses on financial instruments can be assigned to the following categories:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 45%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets / liabilities at amortized cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets / liabilities at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;740&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;740&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    expense&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7,745)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7,745)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange (losses) / gains, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,864)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,864)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividend&#13;    income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;82&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loss&#13;    on debt swap&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,228)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,228)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalized&#13;    finance costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;74&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;    value gain on financial assets at fair value through profit or loss (i) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;426&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;426&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(Loss)&#13;    / Gain on derivative financial instruments, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; 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margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Included within&#13;    &amp;#8220;Financial results, net&amp;#8220; in the Statements of Income. &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Included in &amp;#8220;Share&#13;    of profit / (loss) of associates and joint ventures&amp;#8221; in the Statement of Income.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfIncomeExpenseGainsOrLossesOfFinancialInstrumentsExplanatory>
    <irsa:DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group uses a range of valuation models for the measurement of Level 2 and Level 3 instruments, details of which may be obtained&#13;from the following table.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Pricing&#13;    model / method&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 38%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Parameters&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value hierarchy&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 19%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Range&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables -. Cellcom&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    interest rate.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    rate swaps&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    flows - Theoretical price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    rate futures contracts and cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Preferred&#13;    shares of Condor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Binomial&#13;    tree &amp;#8211; Theoretical price I&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;    asset price (Market price); share price volatility (historical) and market interest rate (Libor rate curve).&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;                                         asset price 1.8 to 2.2&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;        price volatility 58% to 78%&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;        interest-rate 1.7% to 2.1%&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Promissory&#13;    note &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows -&amp;#160;&amp;#160;Theoretical price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;    interest-rate (Libor rate curve)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;    interest-rate 1.8% to 2.2%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Warrants&#13;    of Condor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Black-Scholes&#13;    &amp;#8211;&amp;#160;&amp;#160;Theoretical price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;    asset price (Market price); share price volatility (historical) and market interest rate (Libor rate curve).&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;                                         asset price 1.8 to 1.7&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;        price volatility 58% to 78%&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;        interest-rate 1.7% to 2.1%&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;TGLT&#13;    Non-convertible Notes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Black-Scholes&#13;    &amp;#8211;&amp;#160;&amp;#160;Theoretical price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;    asset price (Market price); share price volatility (historical) and market interest rate.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;                                         asset price 8 to 12&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;        price volatility 50% to 70%&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;        interest-rate 8% to 9%&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Call&#13;                                         option of Arcos&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Projected&#13;    revenues and discounting rate.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in financial assets - Other private companies&amp;#8217; securities (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    flow / NAV - Theoretical price &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Projected&#13;                                         revenue discounted at the discount rate&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;        value is calculated in accordance with shares in the equity funds on the basis of their Financial Statements, based on&#13;        fair value or investments assessments.&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&#13;    - 3.5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in financial assets - Others &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discounted&#13;    cash flows -&amp;#160;&amp;#160;Theoretical price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Projected&#13;                                         revenue discounted at the discount rate&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;        value is calculated in accordance with shares in the equity funds on the basis of their Financial Statements, based on&#13;        fair value or investment assessments.&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&#13;    - 3.5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments - Forwards&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Theoretical&#13;    price&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Underlying&#13;    asset price and volatility&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    2 and 3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;An increase in the discount rate would decrease the value of investments in private companies, while an increase in projected&#13;revenues would increase their value.&lt;/font&gt;&lt;/p&gt;</irsa:DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory>
    <irsa:DisclosureOfChangesInLevel3InstrumentsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table presents the changes in Level 3 financial instruments as of June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 14%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments&#13;    in financial assets - Public companies&amp;#8217; Securities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Derivative&#13;    financial instruments - Forwards&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments&#13;    in financial assets - Private companies&amp;#8217; Securities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investment&#13;    in financial assets - Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Loans&#13;    - non-recourse loan&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balances&#13;    at June 30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;499&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;-&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,324&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;140&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(10,999)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(9,036)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additions&#13;    and acquisitions &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;65&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(8)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;101&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;169&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;242&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;436&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reclassification&#13;    to liabilities held for sale (Note 4)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(782)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gain&#13;    / (loss) for the year (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;489&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;78&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;553&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deconsolidation&#13;    (see Note 4.G.)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(126)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(126)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write&#13;    off &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(67)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(67)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gain&#13;    / (loss) for the year (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;120&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(93)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;189&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;216&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balances&#13;    at June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;135&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(24)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,168&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;793&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;-&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,072&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/8pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Included within&#13;    &amp;#8220;Financial results, net&amp;#8221; in the Statements of income.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The Group transferred&#13;    a financial asset measured at fair value from level 3 to level 1, because it began trading in the stock exchange.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfChangesInLevel3InstrumentsExplanatory>
    <irsa:DisclosureTradeAndOtherReceivablesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Group&amp;#8217;s&#13;trade and other receivables as of June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale,&#13;    leases and services receivables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,728&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,127&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Less:&#13;    Allowance for doubtful accounts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(805)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(312)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    trade receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14,923&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,815&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prepaid&#13;    expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,734&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,532&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings,&#13;    deposits and other debit balances &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,289&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,378&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advances&#13;    to suppliers &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;733&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;825&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    credits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;355&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;216&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,055&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;472&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    other receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8,166&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,423&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    trade and other receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23,089&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,974&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,947&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,264&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23,089&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureTradeAndOtherReceivablesExplanatory>
    <ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Movements&#13;on the Group&amp;#8217;s allowance for doubtful accounts were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 68%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Beginning&#13;    of the year &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;312&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;173&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additions&#13;    (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;315&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;234&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recoveries&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(28)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;622&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;182&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deconsolidation&#13;    (see Note 4.G.)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(142)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Used&#13;    during the year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(274)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(266)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;End&#13;    of the year &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;805&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;312&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The creation and&#13;    release of the provision for impaired receivables have been included in &amp;#8220;Selling expenses&amp;#8221; in the Statements of&#13;    Income (Note 23).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory>
    <irsa:DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Due&#13;to the distinct characteristics of each type of receivables, an aging analysis of past due unimpaired and impaired receivables&#13;is shown by type and class, as of June 30, 2018 and 2017 (a column of non-past due receivables is also included so that the totals&#13;can be reconciled with the amounts appearing on the Statement of Financial Position):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Past&#13;    due&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Up&#13;    to 3 months&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;From&#13;    3 to 6 months&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Over&#13;    6 months&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-past&#13;    due&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Impaired&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;92&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,094&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;200&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,708&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10.86%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(79)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Hotel&#13;    services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;782&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;237&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;502&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,589&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10.10%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Consumer&#13;    financing &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.10%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of properties and developments &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;43&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.27%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of communication equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,184&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,184&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32.96%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Telecommunication&#13;    services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,101&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;87&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,188&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;45.70%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(190)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,072&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;43&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;354&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13,454&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;805&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,728&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(269)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&#13;    and services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;104&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;66&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;145&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,287&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7.98%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(40)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Hotel&#13;    services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;61&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;63&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.39%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Consumer&#13;    financing &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.10%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of properties and developments &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;61&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.38%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of communication equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,156&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,719&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,875&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30.23%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(168)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Telecommunication&#13;    services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;482&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;110&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,805&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;86&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,483&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21.60%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of products (supermarkets) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;76&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,342&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;39.33%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;642&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,334&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,767&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;356&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,127&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(208)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory>
    <irsa:DisclosureOfCashFlowsGeneratedExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Following&#13;is a detailed description of cash flows generated by the Group&amp;#8217;s operations for the years ended June 30, 2018, 2017 and&#13;2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 63%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; width: 5%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Nota&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21,295&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,220&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,078&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year from discontinued operations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(12,479)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,093)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(817)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Adjustments&#13;    for&lt;/i&gt;:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    tax &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(124)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,766&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,325&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization&#13;    and depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,737&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,377&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,531&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loss&#13;    from disposal of property, plant and equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    gain from fair value adjustment of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(22,605)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,352)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,549)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share-based&#13;    payments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;72&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;41&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(Recovery)&#13;    Charge for impairment of property, plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(12)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;26&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expenses&#13;    from sale of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derecognition&#13;    of intangible assets by TGLT agreement&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Result&#13;    from business combinations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(8)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disposal&#13;    of disused investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;24&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gain&#13; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,036&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reversal&#13;    of cumulative translation adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(Increase)&#13;    / decrease in inventories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(21)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;160&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Increase&#13;    in salaries and social security liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;53&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,280&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;892&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    cash generated by operating activities before income tax paid&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,320&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,907&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfCashFlowsGeneratedExplanatory>
    <ifrs-full:DisclosureOfReclassificationsOrChangesInPresentationExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows balances incorporated as result of business combination / deconsolidation or reclassification of assets&#13;and liabilities to held for sale of subsidiaries:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 5%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,382)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;29,586&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Property,&#13;    plant and equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(28,801)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,712&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,104&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trading&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,656&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intangible&#13;    assets &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,188)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,603&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in associates and joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(365)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(74)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,268&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;53&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,681)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,905)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;591&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,713&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;    in financial assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,846)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,824&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(23)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(54)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inventories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,896)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,919&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Restricted&#13;    assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(91)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Group&#13;    of assets held for sale&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;91&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    assets held for sale&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,129&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(19,749)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Salaries&#13;    and social security liabilities &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,389&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(148)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21,050&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(660)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(60,306)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provisions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;432&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(8,630)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,391&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    amount of assets incorporated / held for sale &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(7,787)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;696&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(7,777)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    held before acquisition &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;67&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Seller&#13;    financing&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(38)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    and cash equivalents incorporated / held for sale &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(150)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,193&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13; 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    <irsa:DisclosureOfSignificantNonCashTransactionsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows a detail of significant non-cash transactions occurred in the years ended June 30, 2018, 2017 and 2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 71%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Decrease&#13;    in investments in associates and joint ventures through a decrease in borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;199&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    distribution to non-controlling shareholders not yet paid &lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;64&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Increase&#13;    in investments in associates and joint ventures through a decrease in trade and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; 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padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Increase&#13;    in trading properties through a decrease in trade and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Increase&#13;    in investment properties through a decrease in trading properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;353&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfSignificantNonCashTransactionsExplanatory>
    <irsa:ScheduleOfTradeAndOtherPayablesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Group&amp;#8217;s&#13;trade and other payables as of June 30, 2018 and 2017 were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,688&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sales,&#13;    rental and services payments received in advance &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,572&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,339&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Construction&#13;    obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,475&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,226&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accrued&#13;    invoices &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;948&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;633&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;37&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;73&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    trade payables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,720&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;21,064&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    payable to non-controlling shareholders &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;251&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    payables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;325&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;510&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Construction&#13;    obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;521&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;343&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,412&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,711&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    other payables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,381&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,815&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    trade and other payables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18,101&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23,879&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,484&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,040&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,617&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,839&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18,101&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23,879&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:ScheduleOfTradeAndOtherPayablesExplanatory>
    <ifrs-full:DisclosureOfOtherProvisionsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows the movements in the Group's provisions categorized by type:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 37%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Legal&#13;    claims (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments&#13;    in associates and joint ventures (ii)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Site&#13;    dismantling and remediation&lt;/b&gt;&lt;br /&gt;&lt;b&gt;(iii)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Onerous&#13;    contracts&lt;/b&gt;&lt;br /&gt;&lt;b&gt;(iv)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    provisions&lt;/b&gt;&lt;br /&gt;&lt;b&gt;(v)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As&#13;    of June 30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;689&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;45&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;114&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;296&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;427&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,571&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additions&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;246&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;105&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;131&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;As&#13;    of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,028&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,452&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;163&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;958&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,602&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 55%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 21%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 21%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,549&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;943&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,053&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;890&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,602&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,833&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&amp;#160;&amp;#160;&amp;#160;&#13;Additions and recoveries are included in "Other operating results, net".&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&amp;#160;&amp;#160;&#13;Corresponds to the equity interest in New Lipstick with negative equity. Additions and recoveries are included in "Share of profit&#13;/ (loss) of associates and joint ventures".&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&amp;#160;&amp;#160;&#13;The Group&amp;#8217;s companies are required to recognize certain costs related to the dismantling of assets and remediation of sites&#13;from the places where such assets are located. The calculation of such expenses is based on the dismantling value for the current&#13;year, taking into consideration the best estimate of future changes in prices, inflation, etc. and such costs are capitalized&#13;at a risk-free interest rate. Volume projections for retired or built assets are recast based on expected changes from technological&#13;rulings and requirements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iv)&amp;#160;&amp;#160;&#13;Provisions for other contractual obligations include a series of obligations resulting from a contractual liability or law, regarding&#13;which there is a high degree of uncertainty as to the terms and the necessary amounts to discharge such liability.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(v)&amp;#160;&amp;#160;&#13;In November 2009, PBC&amp;#8217;s Audit Committee and Board of Directors approved the agreement with Rock Real whereby the latter&#13;would look for and propose to PBC the acquisition of commercial properties outside Israel, in addition to assisting in the negotiations&#13;and management of such properties. In return, Rock Real would receive 12% of the net income generated by the acquired property.&#13;Pursuant to amendment 16 of the Israel Commercial Act 5759-1999, the agreement must be ratified by the Audit Committee before&#13;the third year after the effective date; otherwise, it expires. The agreement has not been ratified by the audit committee within&#13;such three-year term, so in January 2017 PBC issued a statement that hinted at the expiration of the agreement and informed that&#13;it would begin negotiations to reduce the debt that currently amounts to NIS 106 (equivalent to Ps. 836 of these Consolidated&#13;Financial Statements). The parties have appointed an arbitrator that should render a decision on the dispute. The remaining corresponds&#13;to provisions related to investment properties.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfOtherProvisionsExplanatory>
    <irsa:DisclosureOfMaturityOfTheBorrowingsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;maturity of the Group's borrowings (excluding obligations under finance leases) is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 51%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;    capital&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Less&#13;    than 1 year &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23,865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,672&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    1 and 2 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,352&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    2 and 3 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,728&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,998&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    3 and 4 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,887&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,918&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    4 and 5 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47,546&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,737&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than 5 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;66,054&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;57,438&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;204,802&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;128,115&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Less&#13;    than 1 year &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,714&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,253&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    1 and 2 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    2 and 3 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    3 and 4 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Between&#13;    4 and 5 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than 5 years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,815&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,296&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;206,633&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfMaturityOfTheBorrowingsExplanatory>
    <irsa:DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following tables shows a breakdown of Group&amp;#8217;s borrowing by type of fixed-rate and floating-rate, per currency denomination&#13;and per functional currency of the subsidiary that holds the loans for the fiscal years ended June 30, 2018 and 2017.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; width: 49%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rate&#13;    per currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Argentine&#13;    Peso&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Uruguayan&#13;    Peso&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;New&#13;    Israel Shekel&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fixed&#13;    rate:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentine&#13;    Peso&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,049&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,049&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;    Israel Shekel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;80,685&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;80,685&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23,228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;372&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,273&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35,873&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subtotal&#13;    fixed-rate borrowings&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24,277&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentine&#13;    Peso&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,154&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13; 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   &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;540&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;    Israel Shekel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;72,805&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;72,805&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,022&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subtotal&#13;    floating-rate borrowings&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;540&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;-&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;73,827&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;74,367&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    borrowings as per analysis&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,841&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;135&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;117,435&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,411&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Finance&#13;    leases obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    borrowings as per Statement of Financial Position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,845&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;135&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;117,435&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory>
    <irsa:DisclosureOfFairValueOfBorrowingsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;breakdown and the fair value of the Group borrowings as of June 30, 2018 and 2017 was as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NCN&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;171,142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;108,417&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;183,338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;110,164&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bank&#13;    loans &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;31,244&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;31,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,048&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-recourse&#13;    loans &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,025&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,930&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bank&#13;    overdrafts &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;671&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;91&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;671&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;91&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    borrowings (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,576&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,870&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,761&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,828&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    borrowings&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;206,633&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;220,607&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;131,061&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;181,046&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;109,489&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,926&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total&#13;    &lt;b&gt;(ii)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;206,633&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Includes financial leases for Ps. 16 and Ps. 4 as of June 30, 2018 and 2017.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&#13;Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.&lt;/font&gt;&lt;/p&gt;</irsa:DisclosureOfFairValueOfBorrowingsExplanatory>
    <irsa:ScheduleOfIncomeTaxExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;details of the provision for the Group&amp;#8217;s income tax, is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&#13;    income tax &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(425)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(745)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(567)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;549&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,021)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,784)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MPIT&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;26&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income&#13;    tax from continuing operations &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;124&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(2,766)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(6,325)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:ScheduleOfIncomeTaxExplanatory>
    <irsa:DisclosureOfStatutoryTaxesRatesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;statutory taxes rates in the countries where the Group operates for all of the years presented are:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; padding-left: 11.35pt; width: 77%; padding-right: 2.8pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Tax&#13;    jurisdiction&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; width: 2%; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; padding-left: 2.8pt; width: 21%; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income&#13;    tax rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25%&#13;    - 35%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Uruguay&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0%&#13;    - 25%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;U.S.A.&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0%&#13;    - 45%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bermudas&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23%&#13;    - 24%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfStatutoryTaxesRatesExplanatory>
    <irsa:DisclosureOfReconciliationIncomeTaxExpenseExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is a reconciliation between income tax expense and the tax calculated applying the current tax rate, applicable in the respective&#13;countries, to profit before taxes for years ended June 30, 2018, 2017 and 2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Loss&#13;    from continuing operations at tax rate applicable in the respective countries &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(3,571)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(1,963)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(5,622)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Permanent&#13;    differences:&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Share&#13;    of profit of associates and joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(71)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;130&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(226)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Unrecognized&#13;    tax loss carryforwards (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,557)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,209)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(169)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;    in fair value of financial instruments (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(346)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;434&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Change&#13;    of tax rate (ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,676&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;396&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(450)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-taxable&#13;    profit / (loss), non-deductible expenses and others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(554)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;116&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income&#13;    tax from continuing operations &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;124&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(2,766)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(6,351)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;MPIT&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;-&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;-&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;26&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Corresponds mainly to holding companies in the Operations Center in Israel&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&#13;As of June 30, 2018 corresponds to the effect of applying the changes in the tax rates applicable in accordance with the tax reform&#13;explained above, being Ps. 405 the effect of the rate change in US and Ps. 5,271 the effect of the rate change in Argentina. As&#13;of June 30, 2017 and 2016 the rate change was in Israel.&lt;/font&gt;&lt;/p&gt;</irsa:DisclosureOfReconciliationIncomeTaxExpenseExplanatory>
    <irsa:DisclosureOfDeferredTaxAssetsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;tax assets and liabilities of the Group as of June 30, 2018 and 2017 will be recovered as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 69%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax asset to be recovered after more than 12 months &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,577&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax asset to be recovered within 12 months &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,093&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;159&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deferred&#13;    income tax assets &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,958&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,736&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax liability to be recovered after more than 12 months &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(32,597)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(19,027)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax liability to be recovered within 12 months &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(178)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,448)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deferred&#13;    income tax liability &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(32,775)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(28,475)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deferred&#13;    income tax assets (liabilities), net &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(25,817)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(22,739)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfDeferredTaxAssetsExplanatory>
    <irsa:DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;movement in the deferred income tax assets and liabilities during the years ended June 30, 2018 and 2017, without taking into&#13;consideration the offsetting of balances within the same tax jurisdiction, is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 30%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.17&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Business&#13;    combination and Assets held for sale (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cumulative&#13;    translation adjustment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Charged&#13;    / (Credited) to the statements of income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deconsolidation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.18&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other payables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(22,739)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Includes Ps. 6 for business combination (Note 4) and Ps. 12 for reclassification to assets held for sale (Note 31).&lt;/font&gt;&lt;/p&gt;</irsa:DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory>
    <irsa:DisclosureOfTaxLossCarryForwardExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="color: #222222; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018, the Group's recognized tax loss carry forward prescribed as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 48%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 45%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,875&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Do&#13;    not expire&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,404&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,405&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfTaxLossCarryForwardExplanatory>
    <ifrs-full:DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;future minimum payments that the Group must pay under operating leases are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 51%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;No&#13;    later than one year &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,173&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,901&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,860&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than one year and not later than five years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,477&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,949&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,705&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than five years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;655&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,869&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,127&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,305&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,719&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,692&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;properties are considered to be investment property. Book value is included in Note 9. The future minimum proceeds under non-cancellable&#13;operating leases from Group&amp;#8217;s shopping malls, offices and other buildings are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 50%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;No&#13;    later than one year &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,813&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,437&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,137&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than one year and not later than five years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,371&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,451&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,361&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Later&#13;    than five years &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,290&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,632&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,247&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;35,474&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;21,520&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;20,745&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory>
    <ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 52%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    from communication services &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14,392&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,958&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,956&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    and services income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,671&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,537&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,197&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of communication equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,955&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,006&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,844&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sale&#13;    of trading properties and developments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,818&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,454&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;191&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;    from hotel operation and tourism services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,040&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;766&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;557&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;212&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;283&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;171&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Group&amp;#8217;s revenues &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;33,088&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;27,004&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,916&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory>
    <irsa:ScheduleOfExpensesByNatureExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following tables provide additional disclosure regarding expenses by nature and their relationship to the function within the&#13;Group as of June 30, 2018, 2017 and 2016:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 49%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Costs&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;General&#13;    and administrative expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Selling&#13;    expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;    of sale of goods and services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,219&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,219&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Salaries,&#13;    social security costs and other personnel expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,455&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; 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   &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&#13;    and amortization&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,250&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;575&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;859&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;66&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,755&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Maintenance,&#13; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,576&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Director&amp;#180;s&#13;    fees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; 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   expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;894&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;342&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;234&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,470&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,629&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,869&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,663&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28,161&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 50%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Costs&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 14%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;General&#13;    and administrative expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Selling&#13;    expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,273&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Salaries,&#13;    social security costs and other personnel expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,008&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,053&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,377&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fees&#13;    and payments for services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,423&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Maintenance,&#13;    security, cleaning, repairs and others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,444&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,533&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advertising&#13;    and other selling expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;284&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes,&#13;    rates and contributions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;232&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;168&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;423&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interconnection&#13;    and roaming expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,711&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fees&#13;    to other operators&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,691&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,691&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Director&amp;#180;s&#13;    fees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;180&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&#13;    and service charges&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;105&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allowance&#13;    for doubtful accounts, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;204&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;804&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;460&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;326&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,007&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23,259&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; 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   &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 14%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;General&#13;    and administrative expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Selling&#13;    expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; background-color: white; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,557&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Salaries,&#13;    social security costs and other personnel expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,202&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;538&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,532&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fees&#13;    and payments for services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,139&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Maintenance,&#13;    security, cleaning, repairs and others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;664&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;726&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advertising&#13;    and other selling expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;282&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes,&#13;    rates and contributions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;223&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;150&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;387&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interconnection&#13;    and roaming expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&#13;    and service charges&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;50&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allowance&#13;    for doubtful accounts, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;132&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,887&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,036&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,639&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,842&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,517&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:ScheduleOfExpensesByNatureExplanatory>
    <irsa:DisclosureOfFinancialResultsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 57%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Finance&#13;    income:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Interest income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;740&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;704&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;619&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Foreign exchange gain &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;939&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;165&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;573&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Dividends income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;72&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    finance income &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,761&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;937&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,264&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Finance&#13;    costs:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Interest expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7,745)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,092)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,330)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Loss on debt swap (Note 19)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,228)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Foreign exchange loss &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(10,803)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,240)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,620)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Other finance costs &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(356)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(743)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(621)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subtotal&#13;    finance costs &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(21,132)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(8,075)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(5,571)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalized&#13;    finance costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    finance costs &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(21,058)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(8,072)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(5,571)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    financial results:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Fair value gain of financial assets and liabilities at fair value through profit or loss, net &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;426&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,928&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,445)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    Gain on derivative financial instruments, net &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;170&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;112&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;927&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    other financial results &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;596&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,040&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(518)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    financial results, net &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(18,701)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(4,095)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(4,825)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfFinancialResultsExplanatory>
    <irsa:DisclosureOfBasicEarningsPerShareExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Basic&#13;earnings per share amounts are calculated in accordance with IAS 33 "Earning per share" by dividing the profit attributable to&#13;equity holders of the Group by the weighted average number of ordinary shares outstanding during the year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 65%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year of continuing operations attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,278&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,383&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,635&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year of discontinued operations attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,725&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,647&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;338&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,030&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,973&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average number of ordinary shares outstanding&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;575&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;575&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;575&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Basic&#13;    earnings per share&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;26.09&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5.27&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15.61&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfBasicEarningsPerShareExplanatory>
    <irsa:DisclosureOfDilutedEarningsPerShareExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group holds treasury shares associated with incentive plans with potentially dilutive effect.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 65%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year of continuing operations attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,278&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,383&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,635&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year of discontinued operations attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,725&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,647&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;338&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    for the year per share attributable to equity holders of the parent&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,030&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,973&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted&#13;    average number of ordinary shares outstanding&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;579&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Diluted&#13;    earnings per share&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;25.91&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5.23&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15.50&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfDilutedEarningsPerShareExplanatory>
    <irsa:DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Movements&#13;in the number of matching shares outstanding under the incentive plan corresponding to the Company&amp;#180;s contributions are as&#13;follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 45%; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;At&#13;    the beginning &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,507,947&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,619,599&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,439,507&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additions&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disposals&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(10,169)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(117,367)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Granted&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(160,746)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(101,483)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(702,541)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;At&#13;    the end &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,347,201&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,507,947&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,619,599&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory>
    <irsa:DisclosureOfSeniorManagementRemunerationExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s Senior Management in the Operation Center in Argentina is composed of as follows:&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 23%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&lt;b&gt;Name&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&lt;b&gt;Date of Birth&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 36%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&lt;b&gt;Position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&lt;b&gt;Actual position since&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Eduardo S. Elsztain&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;01/26/1960&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;General Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;1991&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Daniel R. Elsztain&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;12/22/1972&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Operating Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Arnaldo Jawerbaum&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;08/13/1966&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Investment Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;2017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Mat&amp;#237;as I. Gaivironsky&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;02/23/1976&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Administrative and Financial Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s Senior Management in the Operation Center in Israel is composed of as follows:&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 23%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&lt;b&gt;Name&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&lt;b&gt;Date of Birth&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-bottom: 2px; width: 36%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&lt;b&gt;Position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&lt;b&gt;Actual position since&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Sholem Lapidot&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;22/10/1979&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;General Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Gil Kotler&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;10/04/1966&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Financial Manager&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Aaron Kaufman&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;03/03/1970&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;Vice president and General Assessor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;2016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;/p&gt;</irsa:DisclosureOfSeniorManagementRemunerationExplanatory>
    <irsa:DisclosureOfBalancesWithRelatedPartiesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following is a summary presentation of the balances with related parties as of June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 70%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Item&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;748&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,434&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Investments&#13;    in financial assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;343&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;324&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(191)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(172)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(10&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(11&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;890&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;1,575&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 24%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Related&#13;    company&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 22%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Description&#13;    of transaction&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 22%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Item&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Manibil&#13;    S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px dashed"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed"&gt;&amp;#160;72&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px dashed"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed"&gt;&amp;#160;84&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&amp;#160;Contributions&#13;    in advance&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&amp;#160;Trade&#13;    and other receivables&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;New&#13;    Lipstick LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;585&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&amp;#160;Loans&#13;    granted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&amp;#160;Trade&#13;    and other receivables&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed"&gt;&amp;#160;(44&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&amp;#160;Fees&#13;    for services received&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&amp;#160;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(1&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(4&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&amp;#160;Fees&#13;    for services received&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&amp;#160;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&#13;    others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(55&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;1,185&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&#13;    at the end of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;890&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;1,575&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;&amp;#160;Includes CAMSA. Avenida compras and Avenida Inc., Estudio Zang, Bergel &amp;#38; Vi&amp;#241;es, Austral Gold, Fundaci&amp;#243;n IRSA,&#13;Hamonet S.A., Museo de los Ni&amp;#241;os.&lt;/font&gt;&lt;/p&gt;</irsa:DisclosureOfBalancesWithRelatedPartiesExplanatory>
    <irsa:DisclosureOfForeignCurrencyAssetsAndLiabilitiesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; border-left: black 2.25pt double; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 46%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Item&#13;    / Currency (1)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Amount&#13;    (2)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange&#13;    rate (3)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of 06.30.18&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Amount&#13;    (2)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange&#13;    rate (3)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of 06.30.17&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trade&#13;    and other receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.750&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,202&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.530&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;572&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Euros&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33.540&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;179&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.848&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;172&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Receivables&#13;    with related parties:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;51&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.850&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,466&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;855&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    trade and other receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,847&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,599&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Restricted&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.750&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.530&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;41&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Restricted assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;-&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;41&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments&#13;    in financial assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;125&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.750&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,592&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;61&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.530&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Pounds&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;37.904&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;39&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21.486&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments&#13;    with related parties:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    investments in financial assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,974&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,356&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Derivative&#13;    financial instruments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.750&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.530&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Derivative&#13;    financial instruments with related parties:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.850&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;26&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Derivative financial instruments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;32&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;36&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;    and cash equivalents&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;269&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.750&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,734&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;318&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.530&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,250&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Euros&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33.540&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;66&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.848&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;    Israel Shekel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7.890&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.770&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Cash and cash equivalents&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; 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line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;868&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.850&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,123&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,683&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Borrowings&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;25,029&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18,683&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28,149&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,678&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&amp;#160;&amp;#160;&#13;Stated in millions of units in foreign currency. Considering foreign currencies those that differ from each Group&amp;#8217;s functional&#13;currency at each year-end.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&amp;#160;&amp;#160;&#13;Exchange rate as of June 30, of each year according to Banco Naci&amp;#243;n Argentina records.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&amp;#160;&amp;#160;&#13;The Group uses derivative instruments as complement in order to reduce its exposure to exchange rate movements (see Note 13).&lt;/font&gt;&lt;/p&gt;</irsa:DisclosureOfForeignCurrencyAssetsAndLiabilitiesExplanatory>
    <irsa:DisclosureOfMainAssetsAndLiabilitiesClassifiedAsHeldForSaleExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows the main assets and liabilities classified as held for sale:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 65%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Property,&#13;    plant and equipment &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,698&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,712&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intangible&#13;    assets &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in associates &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax assets &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;103&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;57&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;521&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    tax credits &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other receivables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,444&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;688&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    and cash equivalents &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;347&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    group of assets held for sale&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,192&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,681&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    and other payables &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,957&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;930&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Salaries&#13;    and social security liabilities &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;148&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Employee&#13;    benefits &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;150&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    income tax liability &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,120&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;715&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    group of liabilities held for sale&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,243&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,855&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    net assets held for sale&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,949&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;826&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:DisclosureOfMainAssetsAndLiabilitiesClassifiedAsHeldForSaleExplanatory>
    <ifrs-full:DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;results of Shufersal, Israir and IDB Tourism operations, the share of profit of Adama and the finance costs associated to its&#13;non-recourse loan, until Adama&amp;#8217;s sale, and the results from sale of the investment in Adama and Shufersal have been reclassified&#13;in the Statements of Income under discontinued operations.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 12%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 12%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 12%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenues&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;66,740&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;51,578&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,759&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Costs&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(50,087)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(39,282)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(15,073)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,653&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,296&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,686&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    gain from fair value adjustment of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;164&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;113&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General&#13;    and administrative expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,162)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(857)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(294)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Selling&#13;    expenses &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,042)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,655)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,955)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    operating results, net (i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,838&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,888&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit&#13;    from operations&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13,451&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,785&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;454&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; 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   &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;344&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit&#13;    before financial results and income tax&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13,505&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; 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   &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit&#13;    per share from discontinued operations attributable to equity holders of the parent:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Basic&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.91&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.86&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.59&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Diluted&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16.80&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.84&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.58&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&#13;Includes the result of the loss of control of Shufersal (see note 4.G) as of June 30, 2018 and the sale of Adama, which generated&#13;a profit of Ps. 4,216 in the year ended June 30, 2017.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&#13;As of June 30, 2018, 2017 and 2016, Ps. 60,470, Ps. 47,168 and Ps 18,607 of the total revenues from discontinued operations and&#13;Ps 12,377, Ps. 1,075 and Ps. 373 of the total profit from discontinued operations corresponds to Shufersal.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.13.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Derivative financial&#13;    instruments and hedging activities and options&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;financial instruments are initially recognized at fair value. The method of recognizing the resulting gain or loss depends on&#13;whether the derivative is designated as a hedging instrument, and if so, the nature of the item being hedged.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group manages exposures to various risks using hedging instruments that provide coverage. The Group does not use derivative financial&#13;instruments for speculative purposes. To date, the Group has used put and call options, foreign currency future and forward contracts&#13;and interest rate swaps, as appropriate.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s policy is to apply hedge accounting where it is permissible under IFRS 9, practical to do so and its application&#13;reduces volatility, but transactions that may be effective hedges in economic terms may not always qualify for hedge accounting&#13;under IFRS 9.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair values of financial instruments that are traded in active markets are computed by reference to market prices. The fair value&#13;of financial instruments that are not traded in an active market is determined by using valuation techniques. The Group uses its&#13;judgment to select a variety of methods and make assumptions that are mainly based on market conditions existing at the end of&#13;each reporting year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;stock call options involving shares of subsidiaries agreed at a fixed price are accounted for under shareholders&amp;#8217; equity.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory>
    <ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 52%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2016&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gain&#13;    from disposal of an associate (1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;311&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Donations&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(67)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(123)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(58)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lawsuits&#13;    and other contingencies (2) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;406&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(22)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Currency&#13;    translation adjustment reversal (3) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(68)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(102)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(88)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    other operating results, net &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;582&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(206)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(32)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 42.55pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; 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   &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As of June 30, 2018,&#13;    includes the favorable ruling of a trial in the Operations Center in Israel for an amount of approximately Ps. 435. 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text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,703)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,101)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Recognized&#13;    liability for defined benefits obligations &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;95&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;759&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;541&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Liability&#13;    for other long-term benefits &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&#13; 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padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;763&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;689&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; 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    <ifrs-full:UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment contextRef="From2017-07-01to2018-06-30_ifrs-full_BuildingsMember">Between 5 and 50 years</ifrs-full:UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment>
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    <irsa:ShorttermBorrowings1 contextRef="AsOf2018-06-30_custom_IncreaseDecreaseDueToApplicationOfIFRS9Member" unitRef="ars" decimals="-6">55000000</irsa:ShorttermBorrowings1>
    <irsa:ShorttermBorrowings1 contextRef="AsOf2018-06-30_ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember" unitRef="ars" decimals="-6">25642000000</irsa:ShorttermBorrowings1>
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    <irsa:CurrentTaxLiabilitiesCurrent1 contextRef="AsOf2018-06-30_ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember" unitRef="ars" decimals="-6">530000000</irsa:CurrentTaxLiabilitiesCurrent1>
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    <ifrs-full:PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate contextRef="AsOf2016-06-30" unitRef="ars" decimals="-6">15104000000</ifrs-full:PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate>
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    <ifrs-full:InventoryRecognisedAsOfAcquisitionDate contextRef="AsOf2016-06-30" unitRef="ars" decimals="-6">1919000000</ifrs-full:InventoryRecognisedAsOfAcquisitionDate>
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    <ifrs-full:InventoryRecognisedAsOfAcquisitionDate contextRef="AsOf2018-06-30_custom_ShufersalLtdMember" unitRef="ars" decimals="-6">6276000000</ifrs-full:InventoryRecognisedAsOfAcquisitionDate>
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    <ifrs-full:FairValueOfAcquiredReceivables contextRef="AsOf2018-06-30_custom_ShufersalLtdMember" unitRef="ars" decimals="-6">12240000000</ifrs-full:FairValueOfAcquiredReceivables>
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    <ifrs-full:CashAndCashEquivalentsRecognisedAsOfAcquisitionDate contextRef="AsOf2017-06-30" unitRef="ars" decimals="-6">150000000</ifrs-full:CashAndCashEquivalentsRecognisedAsOfAcquisitionDate>
    <ifrs-full:CashAndCashEquivalentsRecognisedAsOfAcquisitionDate contextRef="AsOf2016-06-30" unitRef="ars" xsi:nil="true" />
    <ifrs-full:CashAndCashEquivalentsRecognisedAsOfAcquisitionDate contextRef="AsOf2017-12-31_custom_NewPharmDrugstoresLtdMember" unitRef="ars" decimals="-6">25000000</ifrs-full:CashAndCashEquivalentsRecognisedAsOfAcquisitionDate>
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    <ifrs-full:BorrowingsRecognisedAsOfAcquisitionDate contextRef="AsOf2017-06-30" unitRef="ars" decimals="-6">-660000000</ifrs-full:BorrowingsRecognisedAsOfAcquisitionDate>
    <ifrs-full:BorrowingsRecognisedAsOfAcquisitionDate contextRef="AsOf2016-06-30" unitRef="ars" decimals="-6">-60306000000</ifrs-full:BorrowingsRecognisedAsOfAcquisitionDate>
    <ifrs-full:BorrowingsRecognisedAsOfAcquisitionDate contextRef="AsOf2017-12-31_custom_NewPharmDrugstoresLtdMember" unitRef="ars" decimals="-6">260000000</ifrs-full:BorrowingsRecognisedAsOfAcquisitionDate>
    <ifrs-full:BorrowingsRecognisedAsOfAcquisitionDate contextRef="AsOf2018-06-30_custom_ShufersalLtdMember" unitRef="ars" decimals="-6">21310000000</ifrs-full:BorrowingsRecognisedAsOfAcquisitionDate>
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    <ifrs-full:TradeAndOtherPayablesRecognisedAsOfAcquisitionDate contextRef="AsOf2017-06-30" unitRef="ars" decimals="-6">-917000000</ifrs-full:TradeAndOtherPayablesRecognisedAsOfAcquisitionDate>
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    <irsa:DiscountRate contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_CommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">0.0900</irsa:DiscountRate>
    <irsa:DiscountRate contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember_ifrs-full_BottomOfRangeMember" unitRef="Pure" decimals="INF">0.0775</irsa:DiscountRate>
    <irsa:DiscountRate contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">0.0900</irsa:DiscountRate>
    <irsa:DiscountRate contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_USMember_custom_HSBCBuildingMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="Pure" decimals="INF">0.0625</irsa:DiscountRate>
    <irsa:DiscountRate contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_USMember_custom_OfficesAndCommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="Pure" decimals="INF">0.0850</irsa:DiscountRate>
    <irsa:DiscountRate contextRef="From2017-07-01to2018-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="Pure" decimals="INF">0.0979</irsa:DiscountRate>
    <irsa:WeightedAverageRentalValue contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_OfficesMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" decimals="-6">63000000</irsa:WeightedAverageRentalValue>
    <irsa:WeightedAverageRentalValue contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_CommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" decimals="-6">87000000</irsa:WeightedAverageRentalValue>
    <irsa:WeightedAverageRentalValue contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" decimals="-6">31000000</irsa:WeightedAverageRentalValue>
    <irsa:WeightedAverageRentalValue contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_USMember_custom_USDMember_custom_HSBCBuildingMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" decimals="-6">73000000</irsa:WeightedAverageRentalValue>
    <irsa:WeightedAverageRentalValue contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_USMember_custom_USDMember_custom_OfficesAndCommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" decimals="-6">33000000</irsa:WeightedAverageRentalValue>
    <irsa:WeightedAverageRentalValue contextRef="From2017-07-01to2018-06-30_custom_PlotOfLandMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_ComparableWithIncidenceAdjustmentMember_custom_WeightedAverageRentalValueMember" unitRef="ars" decimals="-6">9200000000</irsa:WeightedAverageRentalValue>
    <irsa:GrowthRate contextRef="From2017-07-01to2018-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_GrowthRateMember" unitRef="Pure" decimals="INF">0.0300</irsa:GrowthRate>
    <irsa:AppreciationOfInflationRate contextRef="From2017-07-01to2018-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_InflationMember" unitRef="ars" id="Foot-17-0" xsi:nil="true" />
    <irsa:AppreciationODevaluationRate contextRef="From2017-07-01to2018-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DevaluationMember" unitRef="ars" id="Foot-17-1" xsi:nil="true" />
    <irsa:PercentageOfIncidence contextRef="From2017-07-01to2018-06-30_custom_PlotOfLandMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_ComparableWithIncidenceAdjustmentMember_custom_PercentageOfIncidenceMember" unitRef="Pure" decimals="INF">0.0300</irsa:PercentageOfIncidence>
    <irsa:WeightedAverageConstructionCost contextRef="From2017-07-01to2018-06-30_ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember_custom_ILMember_custom_ILSMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_EstimatedFairValueOfInvestmentPropertyMember_custom_WeightedAverageConstructionCostMember" unitRef="ils" decimals="-6">5787000000</irsa:WeightedAverageConstructionCost>
    <irsa:WeightedAverageDiscountRatePercent1 contextRef="From2017-07-01to2018-06-30_ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember_custom_ILMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_EstimatedFairValueOfInvestmentPropertyMember_custom_WeightedAverageConstructionCostMember_ifrs-full_BottomOfRangeMember" unitRef="Pure" decimals="INF">0.0700</irsa:WeightedAverageDiscountRatePercent1>
    <irsa:WeightedAverageDiscountRatePercent1 contextRef="From2017-07-01to2018-06-30_ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember_custom_ILMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_EstimatedFairValueOfInvestmentPropertyMember_custom_WeightedAverageConstructionCostMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">0.0900</irsa:WeightedAverageDiscountRatePercent1>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_OfficesMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-0" decimals="-6">-1556000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_OfficesMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-1" decimals="-6">-1040000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_OfficesMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-2" decimals="-6">3037000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_OfficesMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-3" decimals="-6">1772000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_CommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-4" decimals="-6">-1322000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_CommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-5" decimals="-6">-759000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_CommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-6" decimals="-6">1640000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_CommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-7" decimals="-6">1003000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-8" decimals="-6">-477000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-9" decimals="-6">-316000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-10" decimals="-6">996000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-11" decimals="-6">599000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_USMember_custom_HSBCBuildingMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="usd" id="Foot-18-12" decimals="-6">-1212000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_USMember_custom_HSBCBuildingMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="usd" id="Foot-18-13" decimals="-6">-715000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_USMember_custom_USDMember_custom_HSBCBuildingMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="usd" id="Foot-18-14" decimals="-6">2654000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_USMember_custom_USDMember_custom_HSBCBuildingMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="usd" id="Foot-18-15" decimals="-6">1497000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_USMember_custom_OfficesAndCommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="usd" id="Foot-18-16" decimals="-6">-134000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_USMember_custom_OfficesAndCommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="usd" id="Foot-18-17" decimals="-6">-86000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_USMember_custom_USDMember_custom_OfficesAndCommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="usd" id="Foot-18-18" decimals="-6">301000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_USMember_custom_USDMember_custom_OfficesAndCommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="usd" id="Foot-18-19" decimals="-6">200000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ars" id="Foot-18-20" decimals="-6">-5046000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ars" id="Foot-18-21" decimals="-6">-3948000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_GrowthRateMember" unitRef="ars" id="Foot-18-22" decimals="-6">3104000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_GrowthRateMember" unitRef="ars" id="Foot-18-23" decimals="-6">2464000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_InflationMember" unitRef="ars" id="Foot-18-24" decimals="-6">4035000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_InflationMember" unitRef="ars" id="Foot-18-25" decimals="-6">2684000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DevaluationMember" unitRef="ars" id="Foot-18-26" decimals="-6">-6554000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_ShoppingMallsMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DevaluationMember" unitRef="ars" id="Foot-18-27" decimals="-6">-4703000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_PlotOfLandMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_ComparableWithIncidenceAdjustmentMember_custom_WeightedAverageRentalValueMember" unitRef="ars" id="Foot-18-28" decimals="-6">64000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_PlotOfLandMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_ComparableWithIncidenceAdjustmentMember_custom_WeightedAverageRentalValueMember" unitRef="ars" id="Foot-18-29" decimals="-6">18000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_PlotOfLandMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_ComparableWithIncidenceAdjustmentMember_custom_PercentageOfIncidenceMember" unitRef="ars" id="Foot-18-30" decimals="-6">2165000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_PlotOfLandMember_custom_ARMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_ComparableWithIncidenceAdjustmentMember_custom_PercentageOfIncidenceMember" unitRef="ars" id="Foot-18-31" decimals="-6">1168000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember_custom_ILMember_custom_ILSMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_EstimatedFairValueOfInvestmentPropertyMember_custom_WeightedAverageConstructionCostMember" unitRef="ils" id="Foot-18-32" xsi:nil="true" />
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember_custom_ILMember_custom_ILSMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_EstimatedFairValueOfInvestmentPropertyMember_custom_WeightedAverageConstructionCostMember" unitRef="ils" id="Foot-18-33" xsi:nil="true" />
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember_custom_ILMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_EstimatedFairValueOfInvestmentPropertyMember_custom_WeightedAverageConstructionCostMember" unitRef="ils" id="Foot-18-34" decimals="-6">-377000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:IncreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember_custom_ILMember_ifrs-full_Level3OfFairValueHierarchyMember_custom_EstimatedFairValueOfInvestmentPropertyMember_custom_WeightedAverageConstructionCostMember" unitRef="ils" id="Foot-18-35" decimals="-6">-437000000</irsa:IncreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_OfficesMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-36" decimals="-6">1864000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_OfficesMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-37" decimals="-6">1193000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_OfficesMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-38" decimals="-6">-3037000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_OfficesMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-39" decimals="-6">-1772000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_CommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-40" decimals="-6">1457000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_CommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-41" decimals="-6">853000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_CommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-42" decimals="-6">-1640000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_CommercialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-43" decimals="-6">-1003000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-44" decimals="-6">538000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_DiscountRateMember" unitRef="ils" id="Foot-18-45" decimals="-6">377000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2017-07-01to2018-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-46" decimals="-6">-996000000</irsa:DecreasesInSensitivityAnalysis>
    <irsa:DecreasesInSensitivityAnalysis contextRef="From2016-07-01to2017-06-30_custom_RentalPropertyMember_custom_ILMember_custom_ILSMember_custom_IndustrialUseMember_ifrs-full_Level3OfFairValueHierarchyMember_ifrs-full_DiscountedCashFlowMember_custom_WeightedAverageRentalValueMember" unitRef="ils" id="Foot-18-47" decimals="-6">-599000000</irsa:DecreasesInSensitivityAnalysis>
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    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_IDBDevelopmentCorporationLtdMember_custom_BorrowingsSERIESN2Member" unitRef="Pure" id="Foot-39-4" decimals="INF">0.053</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_DiscountInvestmentCorporationLtdMember_custom_BorrowingsSERIESFMember" unitRef="Pure" decimals="INF">0.0495</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_DiscountInvestmentCorporationLtdMember_custom_BorrowingsSERIESF1Member" unitRef="Pure" decimals="INF">0.0495</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_DiscountInvestmentCorporationLtdMember_custom_BorrowingsSERIESJMember" unitRef="Pure" id="Foot-39-5" decimals="INF">0.048</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESIMember" unitRef="Pure" decimals="INF">0.0395</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESI1Member" unitRef="Pure" decimals="INF">0.0395</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESI2Member" unitRef="Pure" decimals="INF">0.0395</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESI3Member" unitRef="Pure" id="Foot-39-6" decimals="INF">0.0395</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_GavYamMember_custom_BorrowingsSERIESFMember" unitRef="Pure" decimals="INF">0.0475</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_GavYamMember_custom_BorrowingsSERIESHMember" unitRef="Pure" decimals="INF">0.0255</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_CellcomIsraelLtdMember_custom_BorrowingsSERIESLMember" unitRef="Pure" decimals="INF">0.025</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_ShufersalLtdMember_custom_BorrowingsSERIESEMember" unitRef="Pure" decimals="INF">0.043</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2018-06-30_custom_ShufersalLtdMember_custom_BorrowingsSERIESE1Member" unitRef="Pure" id="Foot-39-7" decimals="INF">0.043</ifrs-full:BorrowingsInterestRate>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_IRSAInversionesRepresentacionesSociedadAnonimaMember_custom_BorrowingsClassVIIMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_IRSAInversionesRepresentacionesSociedadAnonimaMember_custom_BorrowingsClassVIIIMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_IRSAPropiedadesComercialesSAMember_custom_BorrowingsClassIVMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_IDBDevelopmentCorporationLtdMember_custom_BorrowingsSERIESNMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_IDBDevelopmentCorporationLtdMember_custom_BorrowingsSERIESMMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_IDBDevelopmentCorporationLtdMember_custom_BorrowingsSERIESN1Member">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_IDBDevelopmentCorporationLtdMember_custom_BorrowingsSERIESN2Member">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_DiscountInvestmentCorporationLtdMember_custom_BorrowingsSERIESFMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;payments since 2017&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_DiscountInvestmentCorporationLtdMember_custom_BorrowingsSERIESF1Member">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;payments since 2017&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_DiscountInvestmentCorporationLtdMember_custom_BorrowingsSERIESJMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;payments since 2021&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESIMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESI1Member">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESI2Member">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESI3Member">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;expiration&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_GavYamMember_custom_BorrowingsSERIESFMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;payments since 2021&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_GavYamMember_custom_BorrowingsSERIESHMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;payments since 2019&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_CellcomIsraelLtdMember_custom_BorrowingsSERIESLMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;payments since 2023&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
    <irsa:BorrowingsPaymentTerms contextRef="From2017-07-01to2018-06-30_custom_ShufersalLtdMember_custom_BorrowingsSERIESEMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Annual&#13;payments since 2018&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsPaymentTerms>
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    <irsa:BorrowingsInterestRateTerms contextRef="From2017-07-01to2018-06-30_custom_IDBDevelopmentCorporationLtdMember_custom_BorrowingsSERIESMMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Quarterly&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsInterestRateTerms>
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    <irsa:BorrowingsInterestRateTerms contextRef="From2017-07-01to2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESIMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Quarterly&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsInterestRateTerms>
    <irsa:BorrowingsInterestRateTerms contextRef="From2017-07-01to2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESI1Member">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Quarterly&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsInterestRateTerms>
    <irsa:BorrowingsInterestRateTerms contextRef="From2017-07-01to2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESI2Member">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Quarterly&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsInterestRateTerms>
    <irsa:BorrowingsInterestRateTerms contextRef="From2017-07-01to2018-06-30_custom_PropertyAndBuildingCorporationLtdMember_custom_BorrowingsSERIESI3Member">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Quarterly&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsInterestRateTerms>
    <irsa:BorrowingsInterestRateTerms contextRef="From2017-07-01to2018-06-30_custom_GavYamMember_custom_BorrowingsSERIESFMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;B&lt;font style="font-size: 10pt"&gt;iannual&lt;/font&gt;&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsInterestRateTerms>
    <irsa:BorrowingsInterestRateTerms contextRef="From2017-07-01to2018-06-30_custom_GavYamMember_custom_BorrowingsSERIESHMember">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;B&lt;font style="font-size: 10pt"&gt;iannual&lt;/font&gt;&lt;/font&gt;&lt;/p&gt;</irsa:BorrowingsInterestRateTerms>
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    <ifrs-full:BorrowingsInterestRateBasis contextRef="From2017-07-01to2018-06-30_custom_IRSAInversionesRepresentacionesSociedadAnonimaMember_custom_BorrowingsClassVIIMember">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Badlar&#13;+ 2.99%&lt;/font&gt;&lt;/p&gt;</ifrs-full:BorrowingsInterestRateBasis>
    <ifrs-full:BorrowingsInterestRateBasis contextRef="From2017-07-01to2018-06-30_custom_IRSAInversionesRepresentacionesSociedadAnonimaMember_custom_BorrowingsClassVIIIMember">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7%&lt;/font&gt;&lt;/p&gt;</ifrs-full:BorrowingsInterestRateBasis>
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    <ifrs-full:CashAdvancesAndLoansMadeToRelatedParties contextRef="From2015-07-01to2016-06-30" unitRef="ars" decimals="-6">862000000</ifrs-full:CashAdvancesAndLoansMadeToRelatedParties>
    <ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following describes the debt issuances made by the Group for the years ended June 30, 2018, and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 7.1pt 0 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Entity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Class&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Issuance&#13;    / expansion date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Amount&#13;    in original currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Maturity&#13;    date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 28%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Principal&#13;    payment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&#13;    payment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IRSA&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Class&#13;    VII&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;sep-16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;384.2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9/9/2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Badlar&#13;    + 2.99% n.a&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IRSA&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Class&#13;    VIII&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;sep-16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&#13;    184.5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9/9/2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7%&#13;    n.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IRSA&#13;    CP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Class&#13;    IV&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;sep-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&#13;    140&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9/14/2020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5%&#13;    n.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    N&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;aug-16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    325&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/29/2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.3%&#13;    e.a&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    M&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;feb-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    1,060&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11/28/2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.40%&#13;    n.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    N&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;jul-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    642.1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/30/2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.3%&#13;    e.a&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    N&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;nov-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    357&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/30/2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.3%&#13;    e.a&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DIC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    F&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;aug-16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    360&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/31/2025&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.95%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;    payments since 2017&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;annual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13; 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   &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    J&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;dec-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    762&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/30/2026&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; 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line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    I&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;apr-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    431&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6/29/2029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.95%&#13; 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   I&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;oct-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    497&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6/29/2029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.95%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;    expiration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;quarterly&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;PBC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    I&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;dec-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    496&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6/29/2029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.95%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13; 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padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;apr-17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    303&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3/31/2026&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.75%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;    payments since 2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;biannual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gav&#13;    - Yam&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    H&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; 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   payments since 2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;biannual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cellcom&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    L&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;jan-18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    401&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1/5/2028&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.5%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;    payments since 2023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;annual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Shufersal&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    E&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;jan-18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    544&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10/8/2028&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.3%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;    payments since 2018&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;annual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Shufersal&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SERIES&#13;    E&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;jan-18&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&#13;    544&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10/8/2028&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.3%&#13;    e.a.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual&#13;    payments since 2018&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;annual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 7.1pt 0 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD has the right&#13;    to make an early repayment, totally or partially. As a guarantee for the full compliance of all the commitments IDBD has pledged&#13;    approximately 60.4 million shares of DIC under a single fixed charge of first line and in guarantee of by means of the lien,&#13;    in an unlimited amount, in favor of the trustee for the holders of the debentures.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Corresponds a to&#13;    an expansion of the series.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfDetailedInformationAboutBorrowingsExplanatory>
    <irsa:ScheduleOfEvolutionOfBorrowingExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows a detail of evolution of borrowing during the years ended June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 67%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at the beginning of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;129,415&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;112,936&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,853&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;26,596&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Payment&#13;    of borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,969)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,780)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Obtention&#13;    / (payment) of short term loans, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;345&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(862)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interests&#13;    paid&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,999)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,326)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deconsolidation&#13;    (see Note 4.G.)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(21,310)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accrued&#13;    interests&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,288&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,192&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;    in fair value of third-party loans&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;114&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loans&#13;    received from associates and joint ventures, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment and exchange differences, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;96,892&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,659&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at the end of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; background-color: white; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;206,633&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; background-color: white; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;129,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:ScheduleOfEvolutionOfBorrowingExplanatory>
    <irsa:ScheduleOfInventoryTableTextBlock contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table presents the composition of the Group&amp;#8217;s inventories for the years ended June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 57%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    estate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,275&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,804&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Supermarkets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,873&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Telecommunications&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;592&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;320&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    inventories at the end of the year (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,880&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,041&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Inventories includes trading properties and inventories.&lt;/font&gt;&lt;/p&gt;</irsa:ScheduleOfInventoryTableTextBlock>
    <irsa:ScheduleOfCostOfGoodsSoldAndServicesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 64%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    as of June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inventories&#13;    at the beginning of the year (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,216&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Purchases&#13;    and expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;69,910&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;54,426&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalized&#13;    finance costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cumulative&#13;    translation adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,874&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,687&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13; 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   &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(353)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Incorporated&#13;    by business combination&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&#13;    &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inventories&#13;    at the end of the year (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,880)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(10,041)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    costs&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;69,716&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;55,315&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;Includes the cost of goods sold from Shufersal which was reclassified as discontinued operations for an amount of Ps. 45,087,&#13;as of June 30, 2018 and Ps. 39,282 as of June 30, 2017.&lt;/font&gt;&lt;/p&gt;</irsa:ScheduleOfCostOfGoodsSoldAndServicesExplanatory>
    <irsa:SubtotalFinanceCosts contextRef="From2017-07-01to2018-06-30" unitRef="ars" decimals="-6">21132000000</irsa:SubtotalFinanceCosts>
    <irsa:SubtotalFinanceCosts contextRef="From2016-07-01to2017-06-30" unitRef="ars" decimals="-6">8075000000</irsa:SubtotalFinanceCosts>
    <irsa:SubtotalFinanceCosts contextRef="From2015-07-01to2016-06-30" unitRef="ars" decimals="-6">5571000000</irsa:SubtotalFinanceCosts>
    <ifrs-full:OtherFinanceCost contextRef="From2017-07-01to2018-06-30" unitRef="ars" decimals="-6">356000000</ifrs-full:OtherFinanceCost>
    <ifrs-full:OtherFinanceCost contextRef="From2016-07-01to2017-06-30" unitRef="ars" decimals="-6">743000000</ifrs-full:OtherFinanceCost>
    <ifrs-full:OtherFinanceCost contextRef="From2015-07-01to2016-06-30" unitRef="ars" decimals="-6">621000000</ifrs-full:OtherFinanceCost>
    <ifrs-full:NetForeignExchangeLoss contextRef="From2017-07-01to2018-06-30" unitRef="ars" decimals="-6">10803000000</ifrs-full:NetForeignExchangeLoss>
    <ifrs-full:NetForeignExchangeLoss contextRef="From2016-07-01to2017-06-30" unitRef="ars" decimals="-6">1240000000</ifrs-full:NetForeignExchangeLoss>
    <ifrs-full:NetForeignExchangeLoss contextRef="From2015-07-01to2016-06-30" unitRef="ars" decimals="-6">2620000000</ifrs-full:NetForeignExchangeLoss>
    <irsa:LossOnDebtSwap contextRef="From2017-07-01to2018-06-30" unitRef="ars" decimals="-6">2228000000</irsa:LossOnDebtSwap>
    <irsa:LossOnDebtSwap contextRef="From2016-07-01to2017-06-30" unitRef="ars" xsi:nil="true" />
    <irsa:LossOnDebtSwap contextRef="From2015-07-01to2016-06-30" unitRef="ars" xsi:nil="true" />
    <irsa:LossOnDebtSwap contextRef="From2017-07-01to2018-06-30_custom_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember" unitRef="ars" decimals="-6">2228000000</irsa:LossOnDebtSwap>
    <irsa:LossOnDebtSwap contextRef="From2017-07-01to2018-06-30_custom_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" unitRef="ars" xsi:nil="true" />
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All IFRS applicable as of the date of these Consolidated Financial Statements have been applied.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IAS&#13;29 "Financial Reporting in Hyperinflationary Economies" requires that the financial statements of an entity whose functional currency&#13;is one of a hyperinflationary economy be expressed in terms of the current unit of measurement at the closing date of the reporting&#13;period, regardless of whether they are based on the historical cost method or the current cost method. To do so, in general terms,&#13;the inflation produced from the date of acquisition or from the revaluation date, as applicable, must be calculated in the non-monetary&#13;items. This requirement also includes the comparative information of the financial statements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;order to conclude on whether an economy is categorized as hyperinflationary in the terms of IAS 29, the standard details a series&#13;of factors to be considered, including the existence of a cumulative inflation rate in three years that approximates or exceed&#13;100%. Bearing in mind that the downward trend in inflation observed in the previous year has reversed, noticing a significant&#13;increase in inflation during 2018, that it is also expected that the accumulated inflation rate of the last three years will exceed&#13;100% and that the rest of the indicators do not contradict the conclusion that Argentina should be considered a hyperinflationary&#13;economy for accounting purposes, the Management understands that there is sufficient evidence to conclude that Argentina is a&#13;hyperinflationary economy in the terms of IAS 29, starting with the year initiated on July 1, 2018. Consequently, the Company&#13;should restate its next financial statements to be presented after the aforementioned date. However, it must be taken into account&#13;that, as of the date of issuance of these financial statements, Decree PEN 664/03 is in force, and it does not allow the presentation&#13;of restated for inflation financial statements before the National Securities Commission (CNV) and other bodies of corporate control.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;an inflationary period, any entity that maintains an excess of monetary assets over monetary liabilities, will lose purchasing&#13;power, and any entity that maintains an excess of monetary liabilities over monetary assets, will gain purchasing power, provided&#13;that such items are not subject to an adjustment mechanism.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Briefly,&#13;the restatement method of IAS 29 establishes that monetary assets and liabilities must not be restated since they are already&#13;expressed in the current unit of measurement at the end of the reporting period. Assets and liabilities subject to adjustments&#13;based on specific agreements must be adjusted in accordance with such agreements. The non-monetary items measured at their current&#13;values at the end of the reporting period, such as the net realization value or&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;others,&#13;do not need to be restated. The remaining non-monetary assets and liabilities must be restated by a general price index. The loss&#13;or gain from the net monetary position will be included in the net result of the reporting year / period, revealing this information&#13;in a separate line item.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018, the restatement criteria of financial information established in IAS 29 have not been applied. However, in recent&#13;years&amp;#8217; certain macroeconomic variables that affect the Company's businesses, such as wages and prices of inputs, have undergone&#13;annual variations of certain importance. This circumstance must be considered in the evaluation and interpretation of the financial&#13;situation and the results presented by the Company in these financial statements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD&#13;and DIC report their quarterly and annual results following the Israeli regulations, whose legal deadlines are after the deadlines&#13;in Argentina and since IDBD and DIC fiscal years end differently from IRSA, the results of operations from IDBD and DIC are consolidated&#13;with a lag of three months and adjusted for the effects of significant transactions taking place in such period. For these reasons,&#13;it is possible to obtain the quarterly results of IDBD and DIC in time so that they can be consolidated by IRSA and reported to&#13;the CNV in its consolidated financial statements within the legal deadlines set in Argentina. This way, the Group's consolidated&#13;comprehensive income for the year ended June 30, 2018 includes the results of IDBD and DIC for the 12-month period from April&#13;1, 2017 to March 31, 2018, adjusted for the significant transactions that occurred between April 1, 2018 and June 30, 2018.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Moreover,&#13;the consolidated comprehensive income of the Group for the year ended June 30, 2016 includes the results of IDBD and DIC operations&#13;for the period from October 11, 2015 (the acquisition of control) through March 31, 2016, adjusted for those significant transactions&#13;that occurred between April 1, 2016 and June 30, 2016.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current and non-current&#13;    classification&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The Group presents current and non-current assets, and current and non-current liabilities, as separate classifications in its Statement of Financial Position according to the operating cycle of each activity. Current assets and current liabilities include the assets and liabilities that are either realized or settled within 12 months from the end of the fiscal year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;All other assets and liabilities are classified as non-current. Current and deferred tax assets and liabilities (income tax liabilities) are presented separately from each other and from other assets and liabilities. Deferred tax assets and liabilities are in all cases presented as non-current while the rest is classifed as current and non-current.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Presentation&#13;    currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Consolidated Financial Statements are presented in millions of Argentine Pesos. Unless otherwise stated or the context otherwise&#13;requires, references to &amp;#8216;Peso amounts&amp;#8217; or &amp;#8216;Ps.&amp;#8217;, are millions of Argentine Pesos, references to &amp;#8216;US$&amp;#8217;&#13;or &amp;#8216;US Dollars&amp;#8217; are millions of US Dollars and references to "NIS" are millions of New Israeli Shekel.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fiscal year-end&#13;    &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fiscal year begins on July 1st and ends on June 30 of each year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(e)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting criteria&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Consolidated Financial Statements have been prepared under historical cost criteria, except for investment properties, financial&#13;assets and financial liabilities (including derivative instruments) measured at fair value through profit or loss, financial assets&#13;held for sale and share-based compensation, which were measured at fair value.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"&gt;&lt;tr style="vertical-align: top"&gt;&#13;&lt;td style="width: 0"&gt;&lt;/td&gt;&lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;td style="text-align: justify"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(f)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Reporting cash&#13;    flows &lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group reports operating activities cash flows using the indirect method. Interest paid is presented within financing activities.&#13;Interest received is presented within investing activities. The acquisitions and disposals of investment properties are disclosed&#13;within investing activities as this most appropriately reflects the Group&amp;#8217;s business activities. Cash flows in respect to&#13;trading properties are disclosed within operating activities because these items are sold in the ordinary course of business.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(g)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Use of estimates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;preparation of Financial Statements at a certain date requires the Management to make estimations and evaluations affecting the&#13;amount of assets and liabilities recorded and contingent assets and liabilities disclosed at such date, as well as income and&#13;expenses recorded during the year. Actual results might differ from the estimates and evaluations made at the date of preparation&#13;of these Consolidated Financial Statements. The most significant judgments made by Management in applying the Group&amp;#8217;s accounting&#13;policies and the major estimations and significant judgments are described in Note 3.&lt;/font&gt;&lt;/p&gt;</ifrs-full:ExplanationOfMeasurementBasesUsedInPreparingFinancialStatements>
    <ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.19.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Provisions&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provisions are recognized when: (i) the Group has a present (legal or constructive) obligation as a result of past events; (ii) it is probable that an outflow of resources will be required to settle the obligation; and (iii) a reliable estimate of the amount of the obligation can be made. Provisions are not recognized for future operating losses.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt; The Group bases its accruals on up-to-date developments, estimates of the outcomes of the matters and legal counsel&amp;#180;s experience in contesting, litigating and settling matters. As the scope of the liabilities becomes better defined or more information is available, the Group may be required to change its estimates of future costs, which could have a material adverse effect on its results of operations and financial condition or liquidity.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt; Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provisions due to passage of time is recognized in the Statements of Income.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory>
    <irsa:IrrevocableRightOfUseOfCapacityOfUnderwaterCommunicationLinesPolicyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.21.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Irrevocable right&#13;    of use of the capacity of underwater communication lines&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transactions&#13;carried out to acquire an irrevocable right of use of the capacity of underwater communication lines are accounted for as service&#13;contracts. The amount paid for the rights of use of the communication lines is recognized as &amp;#8220;Prepaid expenses&amp;#8221; under&#13;trade and other receivables, and is amortized over a straight-line basis during the period set forth in the contract (including&#13;the option term), which is the estimated useful life of such capacity.&lt;/font&gt;&lt;/p&gt;</irsa:IrrevocableRightOfUseOfCapacityOfUnderwaterCommunicationLinesPolicyExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.24.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash and cash&#13;    equivalents&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;and cash equivalents include cash on hand, deposits held with banks, and other short-term highly liquid investments with original&#13;maturities of three months or less. Bank overdrafts are not included.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents>
    <ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.25.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Revenue recognition&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Group's&#13;revenue is measured at the fair value of the consideration received or receivable.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;from the sale of property is recognized when: (a) material risks and benefits derived from title to property have been transferred;&#13;(b) the Company does not retain any management function on the assets sold nor does it have any control whatsoever on such assets;&#13;(c) the amount of revenues and costs associated to the transaction may be measured on a reliable basis; and (d) the Company is&#13;expected to accrue the economic benefits associated to the transaction.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;derived from the provision of services is recognized when: (a) the amount of revenue and costs associated to services may be measured&#13;on a reliable basis; (b) the Company is expected to accrue the economic benefits associated to the transaction, and (c) the level&#13;of completion of services may be measured on a reliable basis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental and services&#13;    - Shopping malls portfolio&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 56.7pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenues&#13;derived from business activities developed in the Group&amp;#8217;s shopping malls mainly include rental income under operating leases,&#13;admission rights, commissions and revenue from several complementary services provided to the Group&amp;#8217;s lessees.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;income from shopping mall, admission rights and commissions, are recognized in the Statements of Income on a straight-line basis&#13;over the term of the leases. When lease incentives are granted, they are recognized as an integral part of the net consideration&#13;for the use of the property and are therefore recognized on the same straight-line basis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contingent&#13;rents, i.e. lease payments that are not fixed at the inception of a lease, are recorded as income in the periods in which they&#13;are known and can be determined. Rent reviews are recognized when such reviews have been agreed with tenants.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s lease contracts also provide that common area maintenance charges and collective promotion funds of the Group&amp;#8217;s&#13;shopping malls are borne by the corresponding lessees, generally on a proportionally basis. These common area maintenance charges&#13;include all expenses necessary for various purposes including, but not limited to, the operation, maintenance, management, safety,&#13;preservation, repair, supervision, insurance and enhancement of the shopping malls. The lessor is responsible for determining&#13;the need and suitability of incurring a common area expense. The Group makes the original payment for such expenses, which are&#13;then reimbursed by the lessees. The Group considers that it acts as a principal in these cases. Service charge income is presented&#13;separately from property operating expenses. Property operating expenses are expensed as incurred.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental and services&#13;    - Offices and other rental properties&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;income from offices and other rental properties include rental income from offices leased out under operating leases, income from&#13;services and expenses recovery paid by tenants.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;income from offices and other rental properties is recognized in the Statements of Income on a straight-line basis over the term&#13;of the leases. When lease incentives are granted, they are recognized as an integral part of the net consideration for the use&#13;of the property and are therefore recognized on the same straight-line basis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;substantial portion of the Group&amp;#8217;s leases require the tenant to reimburse the Group for a substantial portion of operating&#13;expenses, usually a proportionate share of the allocable operating expenses. Such property operating expenses include necessary&#13;expenses such as property operating, repairs and maintenance, security, janitorial, insurance, landscaping, leased properties&#13;and other administrative expenses, among others. The Group manages its own rental properties. The Group makes the original payment&#13;for these expenses, which are then reimbursed by the lessees. The Group considers that it acts as a principal in these cases.&#13;The Group accrues reimbursements from tenants as service charge revenue in the period the applicable expenditures are incurred&#13;and is presented separately from property operating expenses. Property operating expenses are expensed as incurred.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue from supermarkets&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;from the sale of goods in the ordinary course of business is recognized at the fair value of the consideration collected or receivable,&#13;net of returns and discounts. When the credit term is short and financing is that typical in the industry, consideration is not&#13;discounted. When the credit term is longer than the industry&amp;#8217;s average, in accounting for the consideration, the Group discounts&#13;it to its net present value by using the client&amp;#8217;s risk premium or the market rate. The difference between the fair value&#13;and the nominal amount is accounted for under financial income. If discounts are granted and their amount can be measured reliably,&#13;the discount is recognized as a reduction of revenue.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenues&#13;from supermarkets have been recognized in discontinued operations. See Note 4.G.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue from communication&#13;    services and sale of communication equipment&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;derived from the use of communication networks by the Group, including mobile phones, Internet services, international calls,&#13;fixed line calls, interconnection rates and roaming service rates, are recognized when the service is provided, proportionally&#13;to the extent the transaction has been realized, and provided all other criteria have been met for revenue recognition.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;from the sale of mobile phone cards is initially recognized as deferred revenue and then recognized as revenue as they are used&#13;or upon expiration, whichever takes place earlier.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;transaction involving the sale of equipment to a final user normally also involves a service sale transaction. In general, this&#13;type of sale is performed without a contractual obligation by the client to consume telephone services for a minimum amount over&#13;a predetermined period. As a result, the Group records the sale of equipment separately and recognizes revenue pursuant to the&#13;transaction value upon delivery of the equipment to the client. Revenue from telephone services is recognized and accounted for&#13;as they are provided. When the client is bound to make a minimum consumption of services during a predefined period, the contract&#13;formalizes a transaction of several elements and, therefore, revenue from the sale of equipment is recorded at an amount that&#13;should not exceed its fair value, and is recognized upon delivery of the equipment to the client and provided the criteria for&#13;recognition are met. The Group ascertains the fair value of individual elements, based on the price at which it is normally sold,&#13;after taking into account the relevant discounts.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;derived from long-term contracts is recognized at the present value of future cash flows, discounted at market rates prevailing&#13;on the transaction date. Any difference between the original credit and its net present value is accounted for as interest income&#13;over the credit term.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue>
    <ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="margin: 0pt"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.27.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cost of borrowings&#13;    and capitalization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;costs for general and specific loans that are directly attributable to the acquisition, construction or production of suitable&#13;assets for which a prolonged period is required to place them in the conditions required for their use or sale, are capitalized&#13;as part of the cost of those assets until the assets are substantially ready for use or sale. The general loan costs are capitalized&#13;according to the average debt rate of the Group. Foreign exchange differences for loans in foreign currency are capitalized if&#13;they are considered an adjustment to interest costs. The interest earned on the temporary investments of a specific loan for the&#13;acquisition of qualifying assets are deducted from the eligible costs to be capitalized. The rest of the costs from loans are&#13;recognized as expenses in the period in which they are incurred.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.17.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trade and other&#13;    payables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;payables are initially recognized at fair value and subsequently measured at amortized cost using the effective interest method.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory>
    <irsa:ScheduleOfInvestmentPropertyOfTheGroup contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following is the balance by type of investment property of the Group as of June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt; white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;06.30.2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;141,241&lt;/font&gt;&lt;/td&gt;&#13; 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padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,647&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Properties&#13;    under development&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,005&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13; 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    <ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="margin-left: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Summary&#13;of significant accounting policies&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.1.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Basis&#13;of preparation of the Consolidated Financial Statement&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Basis&#13;of preparation&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;These&#13;Consolidated Financial Statements have been prepared in accordance with IFRS issued by IASB and interpretations issued by the&#13;IFRIC. All IFRS applicable as of the date of these Consolidated Financial Statements have been applied.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IAS&#13;29 "Financial Reporting in Hyperinflationary Economies" requires that the financial statements of an entity whose functional currency&#13;is one of a hyperinflationary economy be expressed in terms of the current unit of measurement at the closing date of the reporting&#13;period, regardless of whether they are based on the historical cost method or the current cost method. To do so, in general terms,&#13;the inflation produced from the date of acquisition or from the revaluation date, as applicable, must be calculated in the non-monetary&#13;items. This requirement also includes the comparative information of the financial statements.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;order to conclude on whether an economy is categorized as hyperinflationary in the terms of IAS 29, the standard details a series&#13;of factors to be considered, including the existence of a cumulative inflation rate in three years that approximates or exceed&#13;100%. Bearing in mind that the downward trend in inflation observed in the previous year has reversed, noticing a significant&#13;increase in inflation during 2018, that it is also expected that the accumulated inflation rate of the last three years will exceed&#13;100% and that the rest of the indicators do not contradict the conclusion that Argentina should be considered a hyperinflationary&#13;economy for accounting purposes, the Management understands that there is sufficient evidence to conclude that Argentina is a&#13;hyperinflationary economy in the terms of IAS 29, starting with the year initiated on July 1, 2018. Consequently, the Company&#13;should restate its next financial statements to be presented after the aforementioned date. However, it must be taken into account&#13;that, as of the date of issuance of these financial statements, Decree PEN 664/03 is in force, and it does not allow the presentation&#13;of restated for inflation financial statements before the National Securities Commission (CNV) and other bodies of corporate control.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;an inflationary period, any entity that maintains an excess of monetary assets over monetary liabilities, will lose purchasing&#13;power, and any entity that maintains an excess of monetary liabilities over monetary assets, will gain purchasing power, provided&#13;that such items are not subject to an adjustment mechanism.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Briefly,&#13;the restatement method of IAS 29 establishes that monetary assets and liabilities must not be restated since they are already&#13;expressed in the current unit of measurement at the end of the reporting period. Assets and liabilities subject to adjustments&#13;based on specific agreements must be adjusted in accordance with such agreements. The non-monetary items measured at their current&#13;values at the end of the reporting period, such as the net realization value or&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;others,&#13;do not need to be restated. The remaining non-monetary assets and liabilities must be restated by a general price index. The loss&#13;or gain from the net monetary position will be included in the net result of the reporting year / period, revealing this information&#13;in a separate line item.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of June 30, 2018, the restatement criteria of financial information established in IAS 29 have not been applied. However, in recent&#13;years&amp;#8217; certain macroeconomic variables that affect the Company's businesses, such as wages and prices of inputs, have undergone&#13;annual variations of certain importance. This circumstance must be considered in the evaluation and interpretation of the financial&#13;situation and the results presented by the Company in these financial statements.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IDBD&#13;and DIC report their quarterly and annual results following the Israeli regulations, whose legal deadlines are after the deadlines&#13;in Argentina and since IDBD and DIC fiscal years end differently from IRSA, the results of operations from IDBD and DIC are consolidated&#13;with a lag of three months and adjusted for the effects of significant transactions taking place in such period. For these reasons,&#13;it is possible to obtain the quarterly results of IDBD and DIC in time so that they can be consolidated by IRSA and reported to&#13;the CNV in its consolidated financial statements within the legal deadlines set in Argentina. This way, the Group's consolidated&#13;comprehensive income for the year ended June 30, 2018 includes the results of IDBD and DIC for the 12-month period from April&#13;1, 2017 to March 31, 2018, adjusted for the significant transactions that occurred between April 1, 2018 and June 30, 2018.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Moreover,&#13;the consolidated comprehensive income of the Group for the year ended June 30, 2016 includes the results of IDBD and DIC operations&#13;for the period from October 11, 2015 (the acquisition of control) through March 31, 2016, adjusted for those significant transactions&#13;that occurred between April 1, 2016 and June 30, 2016.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&#13;and non-current classification&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group presents current and non-current assets, and current and non-current liabilities, as separate classifications in its Statement&#13;of Financial Position according to the operating cycle of each activity. Current assets and current liabilities include the assets&#13;and liabilities that are either realized or settled within 12 months from the end of the fiscal year.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;All&#13;other assets and liabilities are classified as non-current. Current and deferred tax assets and liabilities (income tax liabilities)&#13;are presented separately from each other and from other assets and liabilities. Deferred tax assets and liabilities are in all&#13;cases presented as non-current while the rest is classifed as current and non-current.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Presentation&#13;currency&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Consolidated Financial Statements are presented in millions of Argentine Pesos. Unless otherwise stated or the context otherwise&#13;requires, references to &amp;#8216;Peso amounts&amp;#8217; or &amp;#8216;Ps.&amp;#8217;, are millions of Argentine Pesos, references to &amp;#8216;US$&amp;#8217;&#13;or &amp;#8216;US Dollars&amp;#8217; are millions of US Dollars and references to "NIS" are millions of New Israeli Shekel.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fiscal&#13;year-end&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fiscal year begins on July 1st and ends on June 30 of each year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(e)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;criteria&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Consolidated Financial Statements have been prepared under historical cost criteria, except for investment properties, financial&#13;assets and financial liabilities (including derivative instruments) measured at fair value through profit or loss, financial assets&#13;held for sale and share-based compensation, which were measured at fair value.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(f)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Reporting&#13;cash flows&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group reports operating activities cash flows using the indirect method. Interest paid is presented within financing activities.&#13;Interest received is presented within investing activities. The acquisitions and disposals of investment properties are disclosed&#13;within investing activities as this most appropriately reflects the Group&amp;#8217;s business activities. Cash flows in respect to&#13;trading properties are disclosed within operating activities because these items are sold in the ordinary course of business.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;b&gt;(g)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Use&#13;of estimates&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;preparation of Financial Statements at a certain date requires the Management to make estimations and evaluations affecting the&#13;amount of assets and liabilities recorded and contingent assets and liabilities disclosed at such date, as well as income and&#13;expenses recorded during the year. Actual results might differ from the estimates and evaluations made at the date of preparation&#13;of these Consolidated Financial Statements. The most significant judgments made by Management in applying the Group&amp;#8217;s accounting&#13;policies and the major estimations and significant judgments are described in Note 3.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.2.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;New&#13;accounting standards&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following standards and amendments have been issued by the IASB. Below we outline the standards and amendments that may potentially&#13;have an impact on the Group at the time of application.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Standards&#13;and amendments adopted by the Group&amp;#160;&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Standards&#13;    and amendments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 42%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Date&#13;                                         of mandatory adoption for the Group in the year ended on&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cycle&#13;    of annual improvements 2014-2016. IFRS 12 &amp;#8220;Disclosure of Interests in other entities&amp;#8221;.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    the standard scope.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2018&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IAS 7 "Disclosure initiative".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Establishes&#13;    that the entity shall disclose information so that users of the Financial Statements may assess the changes in liabilities&#13;    resulting from financing activities, including both cash and non-cash changes.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2018&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IAS 12 "Recognition of deferred tax assets for unrealized losses".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    the accounting of deferred income tax assets in the case of unrealized losses from debt instruments measured at fair value.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2018&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;adoption of these standards and amendments has not had a material impact for the Group. See details of IAS 7 modifications in&#13;Note 19.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Standards&#13;and amendments not yet adopted by the Group&amp;#160;&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Standards&#13;    and amendments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 42%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Date&#13;                                         of mandatory adoption for the Group in the year ended on&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IAS 40 "Transfers of Investment Properties"&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    the conditions that should be met for an entity to transfer a property to, or from, investment properties.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cycle&#13;    of annual improvements 2014-2016. IAS 28 &amp;#8220;Investments in Associates and Joint ventures&amp;#8221;.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    that the option to measure an associate or a joint venture at fair value for a qualifying entity is available upon initial&#13;    recognition.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;    9 &amp;#8220;Financial Instruments&amp;#8221;.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Adds&#13;    a new impairment model based on expected losses and introduces some minor amendments to the classification and measurement&#13;    of financial assets.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;    15 &amp;#8220;Revenues from contracts with customers&amp;#8221;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provides&#13;    the new revenue recognition model derived from contracts with customers. The core principle underlying the model is satisfaction&#13;    of performance obligations assumed with customers. Applies to all contracts with customers, except those covered by other&#13;    IFRSs, such as leases, insurance and financial instruments contracts. The standard does not address recognition of interest&#13;    or dividend income.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IFRS 2 "Share-based Payment".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    amendments clarify the scope of the standard in relation to (i) accounting of the effects that the concession consolidation&#13;    conditions have on cash settled share-based payments, (ii) the Classification of the share-based payment transactions subject&#13;    to net settlement, and (iii) accounting for the amendment of terms and conditions of the share-based payment transaction that&#13;    reclassifies the transaction from cash settled to equity settled.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;    16 "Leases".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Will&#13;    supersede IAS 17 currently in force (and associated interpretations) and its scope includes all leases, with a two specific&#13;    exceptions (low cost assets&amp;#8217; leases and short-term leases). Under the new standard, lessees are required to account&#13;    for leases under one single model in the balance sheet that is similar to the one used to account for financial leases under&#13;    IAS 17. The accounting of the lessor has no significant changes.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2020&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;future adoption of these standards modifications and interpretations will not have a significant impact to the Group, except for&#13;the following:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;IFRS&#13;15: Revenues from contracts with customers&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;standard introduces a new five step model for recognizing revenue from contracts with customers:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Identifying&#13;the contract with the customer.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Identifying&#13;separate performance obligations in the contract.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Determining&#13;the transaction price.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allocating&#13;the transaction price to separate performance obligations.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recognizing&#13;revenue when the performance obligations are satisfied.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group will apply the cumulative effect approach, therefore, accumulated impact will be recognized in Retained earnings as of July&#13;1, 2018. Comparative figures will not be restated.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Main&#13;effects that affect the Group:&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Costs&#13;of obtaining a contract with a client:&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Customer&#13;acquisition costs are capitalized when it is expected that the Group will recover these costs, instead of recognizing these costs&#13;in profit or loss as incurred. Accordingly, incremental incentives and commissions paid to Group employees while resellers for&#13;securing contracts with customers, are recognized as an asset and are amortized to profit or loss, in accordance with the expected&#13;service period from these contracts (over a period of 2-4 years).&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the statements of cash flows, customer acquisition costs paid will be presented as part of cash flows used in investing activities&#13;and the amortization of capitalized customer acquisition costs, will be presented under depreciation and amortization as part&#13;of cash flows from operating activities.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group applies the practical exemption specified in the standard and recognizes customer acquisition costs in profit or loss when&#13;the expected amortization period of these costs is one year or less.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Satisfaction&#13;of performance obligation in real estate contracts:&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenues&#13;from the sale of offices and apartments will be recognized during the period of construction, in accordance with the work in progress,&#13;instead of upon the delivery or signing of the property&amp;#8217;s deed, if one of the following conditions are met:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&#13;The customer simultaneously receives and consumes the benefits provided by the Group&amp;#8217;s performance when the Group provides&#13;such services.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&amp;#160;&#13;The Group&amp;#8217;s performance creates or enhances an asset that is controlled by the customer at the time it is being created&#13;or enhanced.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&#13;The Group&amp;#8217;s performance does not create an asset with an alternative use for the Group and the Group has the enforceable&#13;right to payment for performance completed to date.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group will recognize revenue over time on sales contracts with customers for the development of real estate in which no alternative&#13;use exists but the sale to the client and it has the right to enforce the performance of the contract. When these conditions are&#13;not met, revenue will be recognized at the time of the deed or upon delivery of the asset.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group determines the amount of revenue from each contract according to the transaction price and work in progress of the asset&#13;of each customer separately.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;IFRS&#13;9: Financial instruments&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;new standard includes a new model of "expected credit loss" for receivables or other assets not measured at fair value. The new&#13;model presents a dual measurement approach for impairment: if the credit risk of a financial asset has not increased significantly&#13;since its initial recognition, an allowance for impairment will be recorded in the amount of expected credit losses resulting&#13;from the possible non- compliance events within a certain period. If the credit risk has increased significantly, in most cases&#13;the allowance will increase and the amount of the expected losses should be recorded.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;accordance with the new standard, in cases where a change in terms or exchange of financial liabilities is immaterial and does&#13;not lead, at the time of analysis, to the reduction of the previous liability and recognition of the new liability, the new cash&#13;flows must be discounted at the original effective interest rate, recording the impact of the difference between the present value&#13;of the financial liability that has the new terms and the present value of the original financial liability in net income. As&#13;a result of the application of the new standard, the amount of the liabilities, whose terms were modified and for which a new&#13;effective interest rate was calculated at the time of the change in accordance with IAS 39, will be recalculated from the date&#13;of the change using the original effective interest rate.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;IFRS&#13;16: Leases&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group is currently assessing the impact of the amendments on its Financial Statements. IFRS 16 will be effective for fiscal year&#13;beginning July 1, 2019. On the issue date of these Consolidated Financial Statements, there are no other standards or amendments,&#13;issued by the IASB that are yet to become effective and that are expected to have a material effect on the Group.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Breakdown&#13;of the expected changes to the financial position of the Group due to the application of IFRS 9 and 15 are described below:&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 40%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current statement of&#13;                           financial position&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;IFRS 15 impact&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;IFRS 9 impact&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Adjusted statement&#13;                           of financial position&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;ASSETS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Non-current&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;236,761&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Current&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(734)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,498&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;14,947&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;292&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(32&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;15,207&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&#13;    current assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;96,018&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(442&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(32&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;95,544&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;TOTAL&#13;    ASSETS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;335,773&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(3,354&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(114&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;332,305&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;SHAREHOLDERS&amp;#8217;&#13;    EQUITY&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Shareholders'&#13;    equity attributable to equity holders of the parent&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Retained&#13;    earnings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;37,421&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;127&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(453)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;37,095&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Non-controlling&#13;    interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;37,120&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;36,773&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;TOTAL&#13;    SHAREHOLDERS&amp;#8217; EQUITY&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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   and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,484&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(1,647)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,837&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;181,046&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,025&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;182,071&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Deferred&#13;    income tax liabilities&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(268&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;25,886&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; 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vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06.30.2016&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;IRSA's&#13;    direct interest:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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   S.A. (3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    estate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Panamerican&#13; 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   Madison LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USA&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IRSA&#13; 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   S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Uruguay&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Liveck&#13; 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(5)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Telecommunications&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;43.14%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;42.26%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;41.77%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Elron&#13; 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text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&#13;Includes interest held through E-Commerce Latina S.A. and Tyrus S.A.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&#13;The Group has consolidated the investment in Llao Llao Resorts S.A. and UT IRSA and Galer&amp;#237;as Pac&amp;#237;fico considering its&#13;equity interest and a shareholder agreement that confers it majority of votes in the decision making process.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&#13;Includes interest held through Ritelco S.A. and Torodur S.A.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-indent: 0px; margin-left: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;Includes&#13;Tyrus's equity interest. Until the present financial year, the participation was through Tyrus S.A. and IDBD.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DIC&#13;considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-&amp;#224;-vis&#13;other shareholders, with a stake of 46.16%, also taking into account the historic voting performance in the &amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&amp;#160;&amp;#160; &amp;#160;&amp;#160;&amp;#160;&amp;#160; &amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; Shareholders&amp;#8217; Meetings, as well as the evaluation&#13;of the holdings of the remaining shareholders, which are highly atomized.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6)&#13;&amp;#160;&amp;#160; Corresponds to acquisitions and constitutions of new entities considered not material as a whole.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7)&#13;&amp;#160;&amp;#160; Control was lost in June 30, 2018. See Note 4.G.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&#13;Except for the aforementioned items the percentage of votes does not differ from the stake.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group takes into account both quantitative and qualitative aspects in order to determine which non-controlling interests in subsidiaries&#13;are considered significant.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Changes&#13;in ownership interests in subsidiaries without change of control&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transactions&#13;with non-controlling interests that do not result in loss of control are accounted for as equity transactions &amp;#8211; i.e., as&#13;transactions with the owners in their capacity as owners. The recorded value corresponds to the difference between the fair value&#13;of the consideration paid and/or received and the relevant share acquired and/or transferred of the carrying value of the net&#13;assets of the subsidiary.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Disposal&#13;of subsidiaries with loss of control&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;the Group ceases to have control any retained interest in the entity is re-measured at its fair value at the date when control&#13;is lost, with changes in carrying amount recognized in profit or loss. The fair value is the initial carrying amount for the purposes&#13;of subsequently accounting for the retained interest as an associate, joint venture or financial asset. In addition, any amounts&#13;previously recognized in other comprehensive income in respect of that entity are accounted for as if the Group had directly disposed&#13;of the related assets or liabilities. This may mean that amounts previously recognized in other comprehensive income are reclassified&#13;to profit or loss.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Associates&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Associates&#13;are all entities over which the Group has significant influence but not control, usually representing an interest between 20%&#13;and at least 50% of the voting rights. Investments in associates are accounted for using the equity method of accounting, except&#13;as otherwise indicated as explained below. Under the equity method, the investment is initially recognized at cost, and the carrying&#13;amount is increased or decreased to recognize the investor&amp;#8217;s share of the profit or loss of the investee after the date&#13;of acquisition. The Group&amp;#8217;s investment in associates includes goodwill identified on acquisition.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of each year-end or upon the existence of evidence of impairment, a determination is made as to whether there is any objective&#13;indication of impairment in the value of the investments in associates. If this is the case, the Group calculates the amount of&#13;impairment as the difference between the recoverable amount of the Associates and its carrying value and recognizes the amount&#13;adjacent to "Share of profit / (loss) of associates and joint ventures " in the Statement of Income and Other Comprehensive Income.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;and losses resulting from transactions between the Group and the associate are recognized in the Group's financial statements&#13;only to the extent of the interests in the associates of the unrelated investor. Unrealized losses are eliminated unless the transaction&#13;reflects signs of impairment of the value of the asset transferred. The accounting policies of associates are modified to ensure&#13;uniformity within Group policies.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group takes into account quantitative and qualitative aspects to determine which investments in associates are considered significant.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;8 includes summary financial information and other information of the Group's associates.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(e)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint&#13;arrangements&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Joint&#13;arrangements are arrangements of which the Group and other party or parties have joint control bound by a contractual arrangement.&#13;Under IFRS 11, investments in joint arrangements are classified as either joint ventures or joint operations depending on the&#13;contractual rights and obligations each investor has rather than the legal structure of the joint arrangement. A joint venture&#13;is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement.&#13;A joint operation is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the assets,&#13;and obligations for the liabilities, relating to the arrangement. The Group has assessed the nature of its joint arrangements&#13;and determined them to be joint ventures.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;in joint ventures are accounted for under the equity method. Under the equity method of accounting, interests in joint ventures&#13;are initially recognized in the Consolidated Statements of Financial Position at cost and adjusted thereafter to recognize the&#13;Group&amp;#8217;s share of post-acquisition profits or losses and other comprehensive income in the Statements of Income and Other&#13;Comprehensive Income.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group determines at each reporting date whether there is any objective evidence that the investment in a joint ventures is impaired.&#13;If this is the case, the Group calculates the amount of impairment as the difference between the recoverable amount of the joint&#13;venture and its carrying value and recognizes such difference in "Share of profit / (loss) of associates and joint ventures" in&#13;the Statements of Income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.4.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Segment&#13;information&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operating&#13;segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision-Maker (&amp;#8220;CODM&amp;#8221;),&#13;responsible for allocating resources and assessing performance. The operating segments are described in Note 6.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.5.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign&#13;currency translation&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Functional&#13;and presentation currency&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Items&#13;included in the Financial Statements of each of the Group&amp;#8217;s entities are measured using the currency of the primary economic&#13;environment in which the entity operates (&amp;#8216;the functional currency&amp;#8217;). The Consolidated Financial Statements are presented&#13;in Argentine Pesos, which is the Group&amp;#8217;s presentation currency.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transactions&#13;and balances in foreign currency&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions.&#13;Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange&#13;rates of monetary assets and liabilities nominated in foreign currencies are recognized in the profit or loss for the year.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;exchange gains and losses are presented in the Statement of Income within finance income and finance costs, as appropriate, unless&#13;they have been capitalized.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Group&#13;companies&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;results and financial position of all the Group entities (none of which has the currency of a hyperinflationary economy) that&#13;have a functional currency different from the presentation currency are translated into the presentation currency as follows:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;assets,&#13;liabilities and goodwill for each Statement of Financial Position presented are translated at the closing rate at the date of&#13;that financial position;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(ii)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;income&#13;and expenses for each Statement of Comprehensive Income are translated at average exchange rates (unless this average is not a&#13;reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses&#13;are translated at the rate on the dates of the transactions); and&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(iii)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;all&#13;resulting exchange differences are recognized in the Statement of Comprehensive Income.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;accounting policy of the Group consists in accounting the translation difference of its subsidiaries by the &amp;#8220;step-by-step&amp;#8221;&#13;method according to IAS 21.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.6.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investment&#13;properties&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;properties are those properties owned by the Group that are held either to earn long-term rental income or for capital appreciation,&#13;or both, and that are not occupied by the Group for its own operations. Investment property also includes property that is being&#13;constructed or developed for future use as investment property. The Group also classifies as investment properties land whose&#13;future use has not been determined yet. The Group&amp;#8217;s investment properties primarily comprise the Group&amp;#8217;s portfolio&#13;of shopping malls and offices, certain property under development and undeveloped land.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Where&#13;a property is partially owner-occupied, with the rest being held for rental income or capital appreciation, the Group accounts&#13;for the portions separately. The portion that is owner-occupied is accounted for as property, plant and equipment under IAS 16&#13;&amp;#8220;Property, Plant and Equipment&amp;#8221; and the portion that is held for rental income or capital appreciation, or both, is&#13;treated as investment properties under IAS 40 &amp;#8220;Investment Properties&amp;#8221;.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;properties are measured initially at cost. Cost comprises the purchase price and directly attributable expenditures, such as legal&#13;fees, certain direct taxes, commissions and in the case of properties under construction, the capitalization of financial costs.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;properties under development, capitalization of costs includes not only financial costs, but also all costs directly attributable&#13;to works in process, from commencement of construction until it is completed and property is in conditions to start operating.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Direct&#13;expenses related to lease contract negotiation (such as payment to third parties for services rendered and certain specific taxes&#13;related to execution of such contracts) are capitalized as part of the book value of the relevant investment properties and amortized&#13;over the term of the lease.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowing&#13;costs associated with properties under development or undergoing major refurbishment are capitalized. The finance cost capitalized&#13;is calculated using the Group&amp;#8217;s weighted average cost of borrowings after adjusting for borrowings associated with specific&#13;developments. Where borrowings are associated with specific developments, the amount capitalized is the gross interest incurred&#13;on those borrowings less any investment income arising on their temporary investment. Finance cost is capitalized from the commencement&#13;of the development work until the date of practical completion. Capitalization of finance costs is suspended if there are prolonged&#13;periods when development activity is interrupted. Finance cost is also capitalized on the purchase cost of land or property acquired&#13;specifically for redevelopment in the short term but only where activities necessary to prepare the asset for redevelopment are&#13;in progress.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;After&#13;initial recognition, investment property is carried at fair value. Investment property that is being redeveloped for continuing&#13;use as investment property or for which the market has become less active continues to be measured at fair value. Investment properties&#13;under construction are measured at fair value if the fair value is considered to be reliably determinable. On the other hand,&#13;properties under construction for which the fair value cannot be determined reliably, but for which the Group expects it to be&#13;determinable when construction is completed, are measured at cost less impairment until the fair value becomes reliably determinable&#13;or construction is completed, whichever is earlier.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;values are determined differently depending on the type of property being measured.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Generally,&#13;for the Operations Center in Argentina, fair value of office buildings and land reserves is based on active market prices, adjusted,&#13;if necessary, for differences in the nature, location or condition of the specific asset. If this information is not available,&#13;the Group uses alternative valuation methods, such as recent prices on less active markets or discounted cash flow projections.&#13;Fair value of office building for the Operations Center in Israel is based on discounted cash flow projections.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of the Group&amp;#8217;s portfolio of Shopping Malls is based on discounted cash flow projections. This method of valuation&#13;is commonly used in the shopping mall industry in the region where the Group conducts its operations.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of office buildings in the Operations Center in Israel is based on discounted cash flow projections.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;required by CNV 576/10 Resolution, valuations are performed as of the financial position date by accredited externals appraisers&#13;who have recognized professional qualifications and have recent experience in the location and category of the investment property&#13;being valued. These valuations form the basis for the carrying amounts in the Consolidated Financial Statements. The fair value&#13;of investment property reflects, among other things, rental income from current leases and other assumptions market participants&#13;would make when pricing the property under current market conditions.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Subsequent&#13;expenditures are capitalized to the asset&amp;#8217;s carrying amount only when it is probable that future economic benefits associated&#13;with the expenditure will flow to the Group and the cost can be measured reliably. All other repairs and maintenance costs are&#13;expensed when incurred. When part of an investment property is replaced, the carrying amount of the replaced part is derecognized.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;in fair values are recognized in the Statement of Income under the line item &amp;#8220;Net gain from fair value adjustment of investment&#13;properties&amp;#8221;.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asset&#13;transfers, including assets classified as investments properties which are reclassified under other items or vice-versa, may only&#13;be carried out when there is a change of use evidenced by: a) commencement of occupation of real property by the Group, where&#13;investment property is transferred to property, plant and equipment; b) commencement of development activities for sale purposes,&#13;where investment property is transferred to property for sale; c) the end of Group occupation, where it is transferred from property,&#13;plant and equipment to investment properties; or d) commencement of an operating lease transaction with a third party, where properties&#13;for sale are transferred to investment property. The value of the transfer is the one that the property had at the time of the&#13;transfer and subsequently is valued in accordance with the accounting policy related to the item.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group may sell its investment property when it considers that such property no longer forms part of the lease business. The carrying&#13;value immediately prior to the sale is adjusted to the transaction price, and the adjustment is recorded in the Statement of Income&#13;in the line &amp;#8220;Net gain from fair value adjustments of investment properties&amp;#8221;.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&#13;properties are derecognized when they are disposed of or when they are permanently withdrawn from use and no future economic benefits&#13;are expected to arise from their disposals. The disposal of properties is recognized when the significant risks and rewards have&#13;been transferred to the buyer. As for unconditional agreements, proceeds are accounted for when title to property passes to the&#13;buyer and the buyer intends to make the respective payment. In the case of conditional agreements, where such conditions have&#13;been met. Where consideration receivable for the sale of the properties is deferred, it is discounted to present value. The difference&#13;between the discounted amount and the amount receivable is treated as interest income and recognized over the period using the&#13;effective interest method. Direct expenses related to the sale are recognized in the line "Other operating results, net" in the&#13;Statement of Income at the time they are incurred.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.7.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Property,&#13;plant and equipment&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;category primarily comprises, buildings or portions of a building used for administrative purposes, machines, computers, and other&#13;equipment, motor vehicles, furniture, fixtures and fittings and improvements to the Group&amp;#8217;s corporate offices.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group has also several hotel properties. Based on the respective contractual arrangements with hotel managers and / or given their&#13;direct operators nature, the Group considers it retains significant exposure to the variations in the cash flows of the hotel&#13;operations, and accordingly, hotels are treated as owner-occupied properties and classified under "Property, plant and equipment".&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;All&#13;property, plant and equipment (&amp;#8220;PPE&amp;#8221;) is stated at acquisition cost less depreciation and accumulated impairment,&#13;if any. The acquisition cost includes expenditures which are directly attributable to the acquisition of the items. For properties&#13;under development, capitalization of costs includes not only financial costs, but also all costs directly attributable to works&#13;in process, from commencement of construction until it is completed and the property is in conditions to start operating.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Subsequent&#13;costs are included in the asset&amp;#8217;s carrying amount or recognized as a separate asset, as appropriate, only when it is probable&#13;that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably.&#13;Such costs may include the cost of improvements and replacement of parts as they meet the conditions to be capitalized. The carrying&#13;amount of those parts that are replaced is derecognized. Repairs and maintenance are charged as incurred in the Statement of Income.&#13;Depreciation, based on a component approach, is calculated using the straight-line method to allocate the cost over the assets&amp;#8217;&#13;estimated useful lives.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;remaining useful life as of June 30, 2018 is as follows:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="width: 69%; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Buildings&#13;    and facilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 31%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    5 and 50 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Machinery&#13;    and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    3 and 24 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Communication&#13;    networks&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    4 and 20 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    3 and 25 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of each fiscal year-end, an evaluation is performed to determine the existence of indicators of any decrease in recoverable value&#13;or useful life of assets. If there are any indicators, the recoverable amount and/or residual useful life of impaired asset(s)&#13;is estimated, and an impairment adjustment is made, if applicable. As of each fiscal year-end, the residual useful life of assets&#13;is estimated and adjusted, if necessary. The book amount of an asset is reduced to its recoverable value if the book value greater&#13;than its estimated recoverable value.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gains&#13;from the sale of these assets are recognized when the significant risks and rewards have transferred to the buyer. This will normally&#13;take place on unconditional exchange, generally when legal title passes to the buyer and it is probable that the buyer will pay.&#13;For conditional exchanges, sales are recognized when these conditions are satisfied. Gains and losses on disposals are determined&#13;by comparing the proceeds net of direct expenses related to such sales, with the carrying amount as of the date of each transaction.&#13;Gains and losses from the disposal of property, plant and equipment items are recognized within &amp;#8220;Other operating results,&#13;net&amp;#8221; in the Statement of Income.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;assets of property, plant and equipment are transferred to investment property, the difference between the value at cost transferred&#13;and the fair value of the investment property is allocated to a reserve within equity.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.8.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Leases&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&#13;are classified at their inception as either operating or finance leases based on the economic substance of the agreement.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;Group company is the lessor:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Properties&#13;leased out to tenants under operating leases are included in &amp;#8220;Investment Properties&amp;#8221; in the Statement of Financial&#13;Position. See Note 2.25 for the recognition of rental income.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group has not leased out to tenants under financial leases.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;Group company is the lessee:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group acquires certain specific assets (especially machinery and computer equipment) under finance leases. Finance leases are&#13;capitalized at the commencement of the lease at the lower of the fair value of the property and the present value of the minimum&#13;lease payments. Capitalized lease assets are depreciated over the shorter of the estimated useful life of the assets and the lease&#13;term. The finance charges are charged over the lease period so as to produce a constant periodic rate of interest on the remaining&#13;balance of the liability for each period. Liabilities corresponding to finance leases, measured at discounted value, are included&#13;in current and non-current borrowings.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operating&#13;leases where the Group acts as lessee were charged to results at the time they accrue. They mainly include offices and properties&#13;for commercial uses.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.9.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Intangible&#13;assets&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&#13;represents future economic benefits arising from assets that are not capable of being individually identified and separately recognized&#13;by the Group on an acquisition. Goodwill is initially measured as the difference between the fair value of the consideration transferred,&#13;plus the amount of non-controlling interest in the acquisition and, in business combinations achieved in stages, the acquisition-date&#13;fair value of the previously held equity interest in the acquisition; and the net fair value of the identifiable assets and liabilities&#13;assumed on the acquisition date.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&#13;is not amortized but tested for impairment at each fiscal year-end, or more frequently if there is an indication of impairment.&#13;For the purpose of impairment testing, assets are grouped at the lowest levels for which there are separately identifiable cash&#13;flows, referred to as cash-generating units (&amp;#8220;CGU&amp;#8221;). In order to determine whether any impairment loss should be recognized,&#13;the book value of CGU or CGU groups is compared against its recoverable value. Net book value of CGU and CGU groups include goodwill&#13;and assets with limited useful life (such as, investment properties, property, plant and equipment, intangible assets and working&#13;capital).&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;If&#13;the recoverable amount of the CGU is less than the carrying amount of the unit, the impairment loss is allocated first to reduce&#13;the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro rata on the basis of the&#13;carrying amount of each asset in the unit. Impairment losses recognized for goodwill are not reversed in a subsequent period.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;recoverable amount of a CGU is the higher of the fair value less costs-to-sell and the value-in-use. The fair value is the amount&#13;at which a CGU may be sold in a current transaction between unrelated, willing and duly informed parties. Value-in-use is the&#13;present value of all estimated future cash flows expected to be derived from CGU or CGU groups.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&#13;is assigned to the Group's cash generating units on the basis of operating segments. The recoverable amount of a cash generating&#13;unit is determined based on fair value calculations. These calculations use the price of the CGU assets and they are compared&#13;with the book values plus the goodwill assigned to each cash generating unit.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;No&#13;impairment was recorded as a result of the analysis performed.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Computer&#13;software&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Acquired&#13;computer software licenses are capitalized on the basis of the costs incurred to acquire and bring to use the specific software.&#13;These costs are amortized over their estimated useful lives of three years. Costs associated with maintaining computer software&#13;programs are recognized as an expense as incurred.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Branding&#13;and client relationships&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;relates to the fair value of brands and client relationships arising at the time of the business combination with IDBD. They are&#13;subsequently valued at cost, less the accumulated amortization or impairment. Client relationships have an average twelve-year&#13;useful life, while one of the brands have an indefinite useful life and the other ten-year useful life.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Right&#13;to receive future units under barter agreements&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group also enters into barter transactions where it normally exchanges undeveloped parcels of land with third-party developers&#13;for future property to be constructed on the bartered land. The Group generally receives monetary assets as part of the transactions&#13;and/or a right to receive future units to be constructed by developers. Such rights are initially recognized at cost (which is&#13;the fair value of the land assigned) and are not adjusted later, unless there is any sign of impairment.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;each year-end, the Group reviews the carrying amounts of its intangible assets to determine whether there is any indication that&#13;those assets have suffered an impairment loss. If any of such signs exists, the recoverable amount of the asset is estimated in&#13;order to determine the extent, if any, of the impairment loss. For intangible assets with indefinite useful lives, the Group annually&#13;reviews the existence of an impairment, or more frequently if signs of impairment are identified.&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.10.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trading&#13;properties&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trading&#13;properties comprises those properties either intended for sale or in the process of construction for subsequent sale. Trading&#13;properties are carried at the lower of cost and net realizable value. Where there is a change in use of investment properties&#13;evidenced by the commencement of development with a view to sale, the properties are reclassified as trading properties at cost,&#13;which is the carrying value at the date of change in use. They are subsequently carried at the lower of cost and net realizable&#13;value. Cost comprises all costs of purchase, costs of conversion and other costs incurred in bringing the trading properties to&#13;their present location and condition.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.11.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Inventories&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inventories&#13;include assets held for sale in the ordinary course of the Group's business activities, assets in production or construction process&#13;for sale purposes, and materials, supplies or other assets held for consumption in the process of producing sales and/or services.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inventories&#13;are measured at the lower of cost or net realizable value.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;realizable value is the estimated selling price in the ordinary course of business less selling expenses. It is determined on&#13;an ongoing basis, taking into account the product type and aging, based on the accumulated prior experience with the useful life&#13;of the product. The Group periodically reviews the inventory and its aging and books an allowance for impairment, as necessary.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;cost of consumable supplies, materials and other assets is determined using the weighted average cost method, the cost of inventories&#13;of mobile phones, related accessories and spare parts is priced under the moving average method, and the cost of the remaining&#13;inventories is priced under the first in, first out (FIFO) method.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;comprises all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location&#13;and condition. Inventories and materials are initially recognized at cash price, and the difference being charged as finance cost.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.12.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;instruments&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group classifies financial assets in the following categories: those to be measured subsequently at fair value, and those to be&#13;measured at amortized cost. This classification depends on whether the financial asset is an equity investment or a debt investment.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Debt&#13;investments&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;debt investment is classified at amortized cost only if both of the following criteria are met: (i) the objective of the Group&amp;#8217;s&#13;business model is to hold the asset to collect the contractual cash flows; and (ii) the contractual terms give rise on specified&#13;dates to cash derived solely from payments of principal and interest due on the principal outstanding. The nature of any derivatives&#13;embedded in the debt investment are considered in determining whether the cash derives solely from payment of principal and interest&#13;due on the principal outstanding and are not accounted for separately.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;If&#13;either of the two criteria mentioned in the previous paragraph is not met, the debt instrument is classified at fair value through&#13;profit or loss. The Group has not designated any debt investment as measured at fair value through profit or loss to eliminate&#13;or significantly reduce an accounting mismatch. Changes in fair values and gains from disposal of financial assets at fair value&#13;through profit or loss are recorded within &amp;#8220;Financial results, net&amp;#8221; in the Statement of Income.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;investments&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;All&#13;equity investments, which are neither subsidiaries nor associate companies nor joint venture of the Group, are measured at fair&#13;value. Equity investments that are held for trading are measured at fair value through profit or loss. For all other equity investments,&#13;the Group can make an irrevocable election at initial recognition to recognize changes in fair value through other comprehensive&#13;income rather than profit or loss. The Group decided to recognize changes in fair value of equity investments through changes&#13;in profit or loss.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at fair&#13;value through profit or loss, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction&#13;costs of financial assets carried at fair value though profit or loss are expensed in the Statement of Income.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;general, the Group uses the transaction price to ascertain the fair value of a financial instrument on initial recognition. In&#13;the other cases, the Group records a gain or loss on initial recognition only if the fair value of the financial instrument can&#13;be supported by other comparable transactions observable in the market for the same type of instrument or if based on a technical&#13;valuation that only inputs observable market data. Unrecognized gains or losses on initial recognition of a financial asset are&#13;recognized later on, only to the extent they arise from a change in factors (including time) that market participants would consider&#13;upon setting the price.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gains/losses&#13;on debt instruments measured at amortized cost and not identified for hedging purposes are charged to income where the financial&#13;assets are derecognized or an impairment loss is recognized, and during the amortization process under the effective interest&#13;method. The Group is required to reclassify all affected debt investments when and only when its business model for managing those&#13;assets changes.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group assesses at the end of each reporting period whether there is objective evidence that a financial asset or group of financial&#13;assets measured at amortized cost is impaired. A financial asset or a group of financial assets is impaired and impairment losses&#13;are incurred only if there is objective evidence of impairment as a result of one or more events that occurred after the initial&#13;recognition of the asset (a &amp;#8216;loss event&amp;#8217;) and that loss event (or events) can be reliably estimated. The amount of&#13;the loss is measured as the difference between the asset&amp;#8217;s carrying amount and the present value of estimated future cash&#13;flows (excluding future credit losses that have not been incurred) discounted at the financial asset&amp;#8217;s original effective&#13;interest rate.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;assets and liabilities are offset, and the net amount reported in the statement of financial position, when there is a legally&#13;enforceable right to offset the recognized amounts and there is an intention to settle on a net basis, or realize the asset and&#13;settle the liability simultaneously.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.13.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Derivative&#13;financial instruments and hedging activities and options&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;financial instruments are initially recognized at fair value. The method of recognizing the resulting gain or loss depends on&#13;whether the derivative is designated as a hedging instrument, and if so, the nature of the item being hedged.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group manages exposures to various risks using hedging instruments that provide coverage. The Group does not use derivative financial&#13;instruments for speculative purposes. To date, the Group has used put and call options, foreign currency future and forward contracts&#13;and interest rate swaps, as appropriate.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s policy is to apply hedge accounting where it is permissible under IFRS 9, practical to do so and its application&#13;reduces volatility, but transactions that may be effective hedges in economic terms may not always qualify for hedge accounting&#13;under IFRS 9.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair values of financial instruments that are traded in active markets are computed by reference to market prices. The fair value&#13;of financial instruments that are not traded in an active market is determined by using valuation techniques. The Group uses its&#13;judgment to select a variety of methods and make assumptions that are mainly based on market conditions existing at the end of&#13;each reporting year.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;stock call options involving shares of subsidiaries agreed at a fixed price are accounted for under shareholders&amp;#8217; equity.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.14.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Groups&#13;of assets and liabilities held for sale&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;groups of assets and liabilities are classified as held for sale where the Group is expected to recover their value by means of&#13;a sale transaction (rather than through use) and where such sale is highly probable. Groups of assets and liabilities held for&#13;sale are valued at the lower of their net book value and fair value less selling costs.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.15.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trade&#13;and other receivables&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;receivables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;An&#13;allowance for doubtful accounts is recorded where there is objective evidence that the Group may not be able to collect all receivables&#13;within their original payment term. Indicators of doubtful accounts include significant financial distress of the debtor, the&#13;debtor potentially filing a petition for reorganization or bankruptcy, or any event of default or past due account.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the case of larger non-homogeneous receivables, the impairment provision is calculated on an individual basis.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group collectively evaluates smaller-balance homogeneous receivables for impairment. For that purpose, they are grouped on the&#13;basis of similar risk characteristics, and account asset type, collateral type, past-due status and other relevant factors are&#13;taken into account.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;amount of the allowance is the difference between the asset&amp;#8217;s carrying amount and the present value of estimated future&#13;cash flows, discounted at the original effective interest rate. The carrying amount of the asset is reduced through the use of&#13;a separate account, and the amount of the loss is recognized in the Statements of Income within &amp;#8220;Selling expenses&amp;#8221;.&#13;Subsequent recoveries of amounts previously written off are credited against &amp;#8220;Selling expenses&amp;#8221; in the Statements&#13;of Income.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.16.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;assets&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;assets are recognized initially at cost and subsequently measured at the acquisition cost or the net realizable value, the lower.&#13;Within this item the Group includes CLN tokens (digital assets).&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.17.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trade&#13;and other payables&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;payables are initially recognized at fair value and subsequently measured at amortized cost using the effective interest method.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.18.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Borrowings&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;are recognized initially at fair value, net of transaction costs incurred. Borrowings are subsequently stated at amortized cost;&#13;any difference between the proceeds (net of transaction costs) and the redemption value is recognized as finance cost over the&#13;period of the borrowings using the effective interest method.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.19.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Provisions&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provisions&#13;are recognized when: (i) the Group has a present (legal or constructive) obligation as a result of past events; (ii) it is probable&#13;that an outflow of resources will be required to settle the obligation; and (iii) a reliable estimate of the amount of the obligation&#13;can be made. Provisions are not recognized for future operating losses.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group bases its accruals on up-to-date developments, estimates of the outcomes of the matters and legal counsel&amp;#180;s experience&#13;in contesting, litigating and settling matters. As the scope of the liabilities becomes better defined or more information is&#13;available, the Group may be required to change its estimates of future costs, which could have a material adverse effect on its&#13;results of operations and financial condition or liquidity.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provisions&#13;are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that&#13;reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provisions&#13;due to passage of time is recognized in the Statements of Income.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.20.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Onerous&#13;contracts&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;provision for onerous contracts is recognized when the expected benefits are lower than the costs of complying with contractual&#13;obligations. The provision is measured at the present value of the lower of the expected cost of terminating the contract and&#13;the net expected cost of continuing the contract. Before recognizing a provision, the Group recognizes the impairment of the assets&#13;related to the mentioned contract.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.21.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Irrevocable&#13;right of use of the capacity of underwater communication lines&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transactions&#13;carried out to acquire an irrevocable right of use of the capacity of underwater communication lines are accounted for as service&#13;contracts. The amount paid for the rights of use of the communication lines is recognized as &amp;#8220;Prepaid expenses&amp;#8221; under&#13;trade and other receivables, and is amortized over a straight-line basis during the period set forth in the contract (including&#13;the option term), which is the estimated useful life of such capacity.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.22.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Employee&#13;benefits&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Defined&#13;contribution plans&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group operates a defined contribution plan, which is a pension plan under which the Group pays fixed contributions into a separate&#13;entity. The Group has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets&#13;to pay all employees the benefits relating to employee service in the current year or prior periods. The contributions are recognized&#13;as employee benefit expense in the Statements of Income in the fiscal year they are due.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Termination&#13;benefits&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Termination&#13;benefits are payable when employment is terminated by the Group before the normal retirement date, or whenever an employee accepts&#13;voluntary redundancy in exchange for these benefits. The Group recognizes termination benefits when it is demonstrably committed&#13;to either terminating the employment of current employees according to a detailed formal plan without possibility of withdrawal&#13;or as a result of an offer made to encourage voluntary termination as a result of redundancy.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Bonus&#13;plans&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group recognizes a liability and an expense for bonuses based on a formula that takes into consideration the profit attributable&#13;to the Company&amp;#8217;s shareholders after certain adjustments. The Group recognizes a provision where contractually obliged or&#13;where there is a past practice that has created a constructive obligation.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Defined&#13;benefit plans&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s net obligation concerning defined benefit plans are calculated on an individual basis for each plan, estimating&#13;the future benefits employees have gained in exchange for their services in the current and prior periods. The benefit is disclosed&#13;at its present value, net of the fair value of the plan assets. Calculations are made on an annual basis by a qualified actuary.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(e)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share-based&#13;payments&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of share-based payments is measured at the date of grant. The Group measures the fair value using the valuation technique&#13;that it considers to be the most appropriate to value each class of award. Methods used may include Black-Scholes calculations&#13;or other models as appropriate. The valuations take into account factors such as non-transferability, exercise restrictions and&#13;behavioral considerations.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fair value of the share-based payment is expensed and charged to income under the straight-line method over the vesting period&#13;in which the right to the equity instrument becomes irrevocable (&amp;#8220;vesting period&amp;#8221;); such value is based on the best&#13;available estimate of the number of equity instruments expected to vest. Such estimate is revised if subsequent information available&#13;indicates that the number of equity instruments expected to vest differs from original estimates.&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(f)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;long-term benefits&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;net obligations of IDBD, DIC and its subsidiaries concerning employee long-term benefits, other than retirement plans, is the&#13;amount of the minimum future benefits employees have gained in exchange for their services in the current and prior periods. These&#13;benefits are discounted at their present values.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.23.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&#13;income tax, deferred income tax and minimum presumed income tax&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;expense for the year comprises the charge for tax currently payable and deferred income. Income tax is recognized in the statements&#13;of income, except to the extent that it relates to items recognized in other comprehensive income or directly in equity, in which&#13;case, the tax is also recognized in other comprehensive income or directly in equity, respectively.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&#13;income tax charge is calculated on the basis of the tax laws enacted or substantially enacted at the date of the Statements of&#13;Financial Position in the countries where the Company and its subsidiaries operate and generate taxable income. The Group periodically&#13;evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation.&#13;The Group establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax is recognized, using the deferred tax liability method, on temporary differences arising between the tax bases of assets&#13;and liabilities and their carrying amounts in the Consolidated Financial Statements. However, deferred tax liabilities are not&#13;recognized if they arise from the initial recognition of goodwill; deferred income tax is not accounted for if it arises from&#13;initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction&#13;affects neither accounting nor taxable profit or loss. Deferred income tax is determined using tax rates (and laws) that have&#13;been enacted or substantively enacted by the date of the Statements of Financial Position and are expected to apply when the related&#13;deferred income tax asset is realized or the deferred income tax liability is settled.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax assets are recognized only to the extent that it is probable that future taxable profit will be available against which&#13;the temporary differences can be utilized. Deferred income tax is provided on temporary differences arising on investments in&#13;subsidiaries, joint ventures and associates, except for deferred income tax liabilities where the timing of the reversal of the&#13;temporary difference is controlled by the Group and it is probable that the temporary difference will not reverse in the foreseeable&#13;future.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets against current&#13;tax liabilities and when the deferred income taxes assets and liabilities relate to income taxes levied by the same taxation authority&#13;on either the same taxable entity or different taxable entities where there is an intention to settle the balances on a net basis.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group is able to control the timing of dividends from its subsidiaries and hence does not expect taxable profit. Hence, deferred&#13;tax is recognized in respect of the retained earnings of overseas subsidiaries only if at the date of the Statements of Financial&#13;Position, dividends have been accrued as receivable a binding agreement to distribute past earnings in future has been entered&#13;into by the subsidiary or there are sale plans in the foreseeable future.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Entities&#13;in Argentina are subject to the Minimum Presumed Income Tax (&amp;#8220;MPIT&amp;#8221;). Pursuant to this tax regime, an entity is required&#13;to pay the greater of the income tax or the MPIT. The MPIT provision is calculated on an individual entity basis at the statutory&#13;asset tax rate of 1% and is based upon the taxable assets of each company as of the end of the year, as defined by Argentine law.&#13;Any excess of the MPIT over the income tax may be carried forward and recognized as a tax credit against future income taxes payable&#13;over a 10-year period. When the Group assesses that it is probable that it will use the MPIT payment against future taxable income&#13;tax charges within the applicable 10-year period, recognizes the MPIT as a current or non-current receivable, as applicable, within&#13;&amp;#8220;Trade and other receivables&amp;#8221; in the Statements of Financial Position.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;minimum presumed income tax was repeeled by Law N &amp;#176; 27,260 in its article 76 for the periods that begin as of January 1,&#13;2019.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Regarding&#13;the above mentioned, considering the recent Instruction No. 2 of the Federal Administration of Public Revenues (AFIP), it is not&#13;appropriate to record the provision of the above mention tax, in the event that accounting and tax losses occur.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.24.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;and cash equivalents&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;and cash equivalents include cash on hand, deposits held with banks, and other short-term highly liquid investments with original&#13;maturities of three months or less. Bank overdrafts are not included.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.25.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Revenue&#13;recognition&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Group's&#13;revenue is measured at the fair value of the consideration received or receivable.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;from the sale of property is recognized when: (a) material risks and benefits derived from title to property have been transferred;&#13;(b) the Company does not retain any management function on the assets sold nor does it have any control whatsoever on such assets;&#13;(c) the amount of revenues and costs associated to the transaction may be measured on a reliable basis; and (d) the Company is&#13;expected to accrue the economic benefits associated to the transaction.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;derived from the provision of services is recognized when: (a) the amount of revenue and costs associated to services may be measured&#13;on a reliable basis; (b) the Company is expected to accrue the economic benefits associated to the transaction, and (c) the level&#13;of completion of services may be measured on a reliable basis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font-size: 13px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;and services - Shopping malls portfolio&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenues&#13;derived from business activities developed in the Group&amp;#8217;s shopping malls mainly include rental income under operating leases,&#13;admission rights, commissions and revenue from several complementary services provided to the Group&amp;#8217;s lessees.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;income from shopping mall, admission rights and commissions, are recognized in the Statements of Income on a straight-line basis&#13;over the term of the leases. When lease incentives are granted, they are recognized as an integral part of the net consideration&#13;for the use of the property and are therefore recognized on the same straight-line basis.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contingent&#13;rents, i.e. lease payments that are not fixed at the inception of a lease, are recorded as income in the periods in which they&#13;are known and can be determined. Rent reviews are recognized when such reviews have been agreed with tenants.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s lease contracts also provide that common area maintenance charges and collective promotion funds of the Group&amp;#8217;s&#13;shopping malls are borne by the corresponding lessees, generally on a proportionally basis. These common area maintenance charges&#13;include all expenses necessary for various purposes including, but not limited to, the operation, maintenance, management, safety,&#13;preservation, repair, supervision, insurance and enhancement of the shopping malls. The lessor is responsible for determining&#13;the need and suitability of incurring a common area expense. The Group makes the original payment for such expenses, which are&#13;then reimbursed by the lessees. The Group considers that it acts as a principal in these cases. Service charge income is presented&#13;separately from property operating expenses. Property operating expenses are expensed as incurred.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font-size: 13px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;and services - Offices and other rental properties&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;income from offices and other rental properties include rental income from offices leased out under operating leases, income from&#13;services and expenses recovery paid by tenants.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rental&#13;income from offices and other rental properties is recognized in the Statements of Income on a straight-line basis over the term&#13;of the leases. When lease incentives are granted, they are recognized as an integral part of the net consideration for the use&#13;of the property and are therefore recognized on the same straight-line basis.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;substantial portion of the Group&amp;#8217;s leases require the tenant to reimburse the Group for a substantial portion of operating&#13;expenses, usually a proportionate share of the allocable operating expenses. Such property operating expenses include necessary&#13;expenses such as property operating, repairs and maintenance, security, janitorial, insurance, landscaping, leased properties&#13;and other administrative expenses, among others. The Group manages its own rental properties. The Group makes the original payment&#13;for these expenses, which are then reimbursed by the lessees. The Group considers that it acts as a principal in these cases.&#13;The Group accrues reimbursements from tenants as service charge revenue in the period the applicable expenditures are incurred&#13;and is presented separately from property operating expenses. Property operating expenses are expensed as incurred.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font-size: 13px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;from supermarkets&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;from the sale of goods in the ordinary course of business is recognized at the fair value of the consideration collected or receivable,&#13;net of returns and discounts. When the credit term is short and financing is that typical in the industry, consideration is not&#13;discounted. When the credit term is longer than the industry&amp;#8217;s average, in accounting for the consideration, the Group discounts&#13;it to its net present value by using the client&amp;#8217;s risk premium or the market rate. The difference between the fair value&#13;and the nominal amount is accounted for under financial income. If discounts are granted and their amount can be measured reliably,&#13;the discount is recognized as a reduction of revenue.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenues&#13;from supermarkets have been recognized in discontinued operations. See Note 4.G.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font-size: 13px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;from communication services and sale of communication equipment&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;derived from the use of communication networks by the Group, including mobile phones, Internet services, international calls,&#13;fixed line calls, interconnection rates and roaming service rates, are recognized when the service is provided, proportionally&#13;to the extent the transaction has been realized, and provided all other criteria have been met for revenue recognition.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;from the sale of mobile phone cards is initially recognized as deferred revenue and then recognized as revenue as they are used&#13;or upon expiration, whichever takes place earlier.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;transaction involving the sale of equipment to a final user normally also involves a service sale transaction. In general, this&#13;type of sale is performed without a contractual obligation by the client to consume telephone services for a minimum amount over&#13;a predetermined period. As a result, the Group records the sale of equipment separately and recognizes revenue pursuant to the&#13;transaction value upon delivery of the equipment to the client. Revenue from telephone services is recognized and accounted for&#13;as they are provided. When the client is bound to make a minimum consumption of services during a predefined period, the contract&#13;formalizes a transaction of several elements and, therefore, revenue from the sale of equipment is recorded at an amount that&#13;should not exceed its fair value, and is recognized upon delivery of the equipment to the client and provided the criteria for&#13;recognition are met. The Group ascertains the fair value of individual elements, based on the price at which it is normally sold,&#13;after taking into account the relevant discounts.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenue&#13;derived from long-term contracts is recognized at the present value of future cash flows, discounted at market rates prevailing&#13;on the transaction date. Any difference between the original credit and its net present value is accounted for as interest income&#13;over the credit term.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.26.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cost&#13;of sales&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;cost of sales of supermarkets, includes the acquisition costs for the products less discounts granted by suppliers, as well as&#13;all expenses associated with storing and handling inventories. It also includes operational and management costs for shopping&#13;malls held by the Group as part of its real estate investments.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group&amp;#8217;s cost of sales in relation to the supply of communication services mainly includes the costs to purchase equipment,&#13;salaries and related expenses, service costs, royalties, ongoing license dues, interconnection and roaming expenses, cell tower&#13;lease costs, depreciation and amortization expenses and maintenance expenses directly related to the services provided.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.27.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cost&#13;of borrowings and capitalization&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;costs for general and specific loans that are directly attributable to the acquisition, construction or production of suitable&#13;assets for which a prolonged period is required to place them in the conditions required for their use or sale, are capitalized&#13;as part of the cost of those assets until the assets are substantially ready for use or sale. The general loan costs are capitalized&#13;according to the average debt rate of the Group. Foreign exchange differences for loans in foreign currency are capitalized if&#13;they are considered an adjustment to interest costs. The interest earned on the temporary investments of a specific loan for the&#13;acquisition of qualifying assets are deducted from the eligible costs to be capitalized. The rest of the costs from loans are&#13;recognized as expenses in the period in which they are incurred.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.28.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;capital&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Ordinary&#13;shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown&#13;in equity as a deduction, net of tax, from the proceeds.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;any Group&amp;#8217;s subsidiary purchases the Company&amp;#8217;s equity share capital (treasury shares), the consideration paid, including&#13;any directly attributable incremental costs (net of income taxes) is deducted from equity attributable to the Company&amp;#8217;s&#13;equity holders until the shares are cancelled or reissued. When such ordinary shares are subsequently reissued, any consideration&#13;received, net of any directly attributable incremental transaction costs and related income tax effects, is included in equity.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Instruments&#13;issued by the Group that will be settled by the Company delivering a fixed number of its own equity instruments in exchange for&#13;a fixed amount of cash or another financial asset are classified as equity.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.29.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Comparability&#13;of information&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font-family: Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;required by IFRS 3, the information of IDBD and DIC is included in the Consolidated Financial Statements of the Group from the&#13;date that control was obtained, that is from October 11, 2015, and the prior periods were not modified by this situation. Therefore,&#13;the consolidated financial information for periods after the acquisition is not comparable with prior periods. Additionally, results&#13;for the fiscal year ended June 30, 2018 and 2017 includes 12 full months of results from IDBD and DIC, for the period beginning&#13;April 1&lt;font style="vertical-align: top"&gt;st&lt;/font&gt; through March 31, while results for the fiscal year ended June 30, 2016 includes&#13;the results from IDBD for the period beginning October 11, 2015 through March 31, 2016; both adjusted for significant transactions&#13;that took place between April 1&lt;font style="vertical-align: top"&gt;st. &lt;/font&gt;and June 30. Hence, the result for the reported periods&#13;are not comparable.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Furthermore,&#13;during the fiscal year ended as of June 30, 2018 and 2016, the Argentine Peso devalued against the US Dollar and other currencies&#13;by around 73% and 65%, respectively, which has an impact in comparative information presented in the Financial Statements, due&#13;mainly to the currency exposure of our income and costs from the "Offices" segment, and our assets and liabilities in foreign&#13;currency. During the fiscal year ended as of June 30, 2017, the devaluation of the Argentine Peso against the US Dollar was not&#13;significant.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balances as of June 30, 2017 and 2016, which are disclosed for comparative porpoises arise from the Consolidated Financial Statements&#13;as of June 30, 2017. Certain items from prior fiscal years have been reclassified for consistency purposes. See Note 4.G. regarding&#13;the loss of control in Shufersal.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.30.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Out-of-period&#13;adjustments&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;the fiscal year ended June 30, 2017, the Group reclassified Ps. 31 into intangible assets, Ps. 224 into investment property, Ps.&#13;59 into deferred tax liabilities and Ps. 133 into non-controlling interests, with modifications to such items by those amounts&#13;for the previous fiscal year. These reclassifications were not material to the Financial Statements previously issued, and are&#13;not material to these Consolidated Financial Statements, either individually or as a whole.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory>
    <ifrs-full:DescriptionOfNatureOfImpendingChangeInAccountingPolicy contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;New&#13;accounting standards&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following standards and amendments have been issued by the IASB. Below we outline the standards and amendments that may potentially&#13;have an impact on the Group at the time of application.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Standards&#13;and amendments adopted by the Group&amp;#160;&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Standards&#13;    and amendments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 42%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Date&#13;                                         of mandatory adoption for the Group in the year ended on&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cycle&#13;    of annual improvements 2014-2016. IFRS 12 &amp;#8220;Disclosure of Interests in other entities&amp;#8221;.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    the standard scope.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2018&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IAS 7 "Disclosure initiative".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Establishes&#13;    that the entity shall disclose information so that users of the Financial Statements may assess the changes in liabilities&#13;    resulting from financing activities, including both cash and non-cash changes.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2018&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IAS 12 "Recognition of deferred tax assets for unrealized losses".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    the accounting of deferred income tax assets in the case of unrealized losses from debt instruments measured at fair value.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2018&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;adoption of these standards and amendments has not had a material impact for the Group. See details of IAS 7 modifications in&#13;Note 19.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Standards&#13;and amendments not yet adopted by the Group&amp;#160;&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Standards&#13;    and amendments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 42%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Date&#13;                                         of mandatory adoption for the Group in the year ended on&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IAS 40 "Transfers of Investment Properties"&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    the conditions that should be met for an entity to transfer a property to, or from, investment properties.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cycle&#13;    of annual improvements 2014-2016. IAS 28 &amp;#8220;Investments in Associates and Joint ventures&amp;#8221;.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    that the option to measure an associate or a joint venture at fair value for a qualifying entity is available upon initial&#13;    recognition.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;    9 &amp;#8220;Financial Instruments&amp;#8221;.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Adds&#13;    a new impairment model based on expected losses and introduces some minor amendments to the classification and measurement&#13;    of financial assets.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;    15 &amp;#8220;Revenues from contracts with customers&amp;#8221;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provides&#13;    the new revenue recognition model derived from contracts with customers. The core principle underlying the model is satisfaction&#13;    of performance obligations assumed with customers. Applies to all contracts with customers, except those covered by other&#13;    IFRSs, such as leases, insurance and financial instruments contracts. The standard does not address recognition of interest&#13;    or dividend income.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IFRS 2 "Share-based Payment".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    amendments clarify the scope of the standard in relation to (i) accounting of the effects that the concession consolidation&#13;    conditions have on cash settled share-based payments, (ii) the Classification of the share-based payment transactions subject&#13;    to net settlement, and (iii) accounting for the amendment of terms and conditions of the share-based payment transaction that&#13;    reclassifies the transaction from cash settled to equity settled.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;    16 "Leases".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Will&#13;    supersede IAS 17 currently in force (and associated interpretations) and its scope includes all leases, with a two specific&#13;    exceptions (low cost assets&amp;#8217; leases and short-term leases). Under the new standard, lessees are required to account&#13;    for leases under one single model in the balance sheet that is similar to the one used to account for financial leases under&#13;    IAS 17. The accounting of the lessor has no significant changes.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2020&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;future adoption of these standards modifications and interpretations will not have a significant impact to the Group, except for&#13;the following:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;IFRS&#13;15: Revenues from contracts with customers&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;standard introduces a new five step model for recognizing revenue from contracts with customers:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Identifying&#13;the contract with the customer.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Identifying&#13;separate performance obligations in the contract.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Determining&#13;the transaction price.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allocating&#13;the transaction price to separate performance obligations.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recognizing&#13;revenue when the performance obligations are satisfied.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group will apply the cumulative effect approach, therefore, accumulated impact will be recognized in Retained earnings as of July&#13;1, 2018. Comparative figures will not be restated.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Main&#13;effects that affect the Group:&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Costs&#13;of obtaining a contract with a client:&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Customer&#13;acquisition costs are capitalized when it is expected that the Group will recover these costs, instead of recognizing these costs&#13;in profit or loss as incurred. Accordingly, incremental incentives and commissions paid to Group employees while resellers for&#13;securing contracts with customers, are recognized as an asset and are amortized to profit or loss, in accordance with the expected&#13;service period from these contracts (over a period of 2-4 years).&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the statements of cash flows, customer acquisition costs paid will be presented as part of cash flows used in investing activities&#13;and the amortization of capitalized customer acquisition costs, will be presented under depreciation and amortization as part&#13;of cash flows from operating activities.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group applies the practical exemption specified in the standard and recognizes customer acquisition costs in profit or loss when&#13;the expected amortization period of these costs is one year or less.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Satisfaction&#13;of performance obligation in real estate contracts:&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenues&#13;from the sale of offices and apartments will be recognized during the period of construction, in accordance with the work in progress,&#13;instead of upon the delivery or signing of the property&amp;#8217;s deed, if one of the following conditions are met:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&#13;The customer simultaneously receives and consumes the benefits provided by the Group&amp;#8217;s performance when the Group provides&#13;such services.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&amp;#160;&#13;The Group&amp;#8217;s performance creates or enhances an asset that is controlled by the customer at the time it is being created&#13;or enhanced.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&#13;The Group&amp;#8217;s performance does not create an asset with an alternative use for the Group and the Group has the enforceable&#13;right to payment for performance completed to date.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group will recognize revenue over time on sales contracts with customers for the development of real estate in which no alternative&#13;use exists but the sale to the client and it has the right to enforce the performance of the contract. When these conditions are&#13;not met, revenue will be recognized at the time of the deed or upon delivery of the asset.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group determines the amount of revenue from each contract according to the transaction price and work in progress of the asset&#13;of each customer separately.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;IFRS&#13;9: Financial instruments&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;new standard includes a new model of "expected credit loss" for receivables or other assets not measured at fair value. The new&#13;model presents a dual measurement approach for impairment: if the credit risk of a financial asset has not increased significantly&#13;since its initial recognition, an allowance for impairment will be recorded in the amount of expected credit losses resulting&#13;from the possible non- compliance events within a certain period. If the credit risk has increased significantly, in most cases&#13;the allowance will increase and the amount of the expected losses should be recorded.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;accordance with the new standard, in cases where a change in terms or exchange of financial liabilities is immaterial and does&#13;not lead, at the time of analysis, to the reduction of the previous liability and recognition of the new liability, the new cash&#13;flows must be discounted at the original effective interest rate, recording the impact of the difference between the present value&#13;of the financial liability that has the new terms and the present value of the original financial liability in net income. As&#13;a result of the application of the new standard, the amount of the liabilities, whose terms were modified and for which a new&#13;effective interest rate was calculated at the time of the change in accordance with IAS 39, will be recalculated from the date&#13;of the change using the original effective interest rate.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;IFRS&#13;16: Leases&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group is currently assessing the impact of the amendments on its Financial Statements. IFRS 16 will be effective for fiscal year&#13;beginning July 1, 2019. On the issue date of these Consolidated Financial Statements, there are no other standards or amendments,&#13;issued by the IASB that are yet to become effective and that are expected to have a material effect on the Group.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Breakdown&#13;of the expected changes to the financial position of the Group due to the application of IFRS 9 and 15 are described below:&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 40%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current statement of&#13;                           financial position&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;IFRS 15 impact&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;IFRS 9 impact&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Adjusted statement&#13;                           of financial position&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;ASSETS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Non-current&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trading&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,018&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(3,338)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;497&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(63&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;95,544&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;TOTAL&#13;    ASSETS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;335,773&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; 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vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;332,305&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;SHAREHOLDERS&amp;#8217;&#13;    EQUITY&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Retained&#13;    earnings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;37,421&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(1,690&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;757&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;213,543&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Current&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;12,692&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;25,587&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;55&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;25,642&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Income&#13;    tax and MPIT liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;522&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;530&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&#13;    current liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;332,305&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;the date of presentation of these financial statements, the analysis of IFRS 9 in some of the Group's associates is still being&amp;#160;performed,&#13;which could modify the preceding information at the time of effective adoption.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfNatureOfImpendingChangeInAccountingPolicy>
    <irsa:ScopeOfConsolidationPolicyExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.3.&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scope&#13;of consolidation&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(a)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Subsidiaries&#13;are all entities (including structured entities) over which the Group has control. The Group controls an entity when the Group&#13;is exposed to, or has rights to variable returns from its involvement with the entity and has the ability to affect those returns&#13;through its power over the entity. The Group also analyzes whether there is control when it does not hold more than 50% of the&#13;voting rights of an entity, but does have capacity to define its relevant activities because of de-facto control.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group uses the acquisition method of accounting to account for business combinations. The consideration transferred for the acquisition&#13;of a subsidiary is the fair value of the assets transferred, the liabilities incurred and the equity interests issued by the Group.&#13;Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed&#13;in a business combination are measured initially at their fair values at the acquisition date.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group recognizes any non-controlling interest in the acquiree on an acquisition-by-acquisition basis either at fair value or at&#13;the non-controlling interest&amp;#8217;s proportionate share of the acquirer&amp;#8217;s net assets. The Group chooses the method to be&#13;used on a case-by-case base.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquiree and the acquisition-date&#13;fair value of any previous equity interest in the acquiree over the fair value of the identifiable net assets acquired is recorded&#13;as goodwill. If the total of consideration transferred, non-controlling interest recognized and previously held interest measured&#13;is less than the fair value of the net assets of the subsidiary acquired in the case of a bargain purchase, the difference is&#13;recognized directly in the Statement of Income as &amp;#8220;Bargain purchase gains&amp;#8221;.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group conducts its business through several operating and investment companies, the principal are listed below:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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   activity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06.30.2018&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06.30.2017&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06.30.2016&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;IRSA's&#13;    direct interest:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IRSA&#13;    CP (1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Efanur&#13;    S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Uruguay&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Hoteles&#13;    Argentinos S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13; 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   S.A. (3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    estate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Panamerican&#13; 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   Madison LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USA&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IRSA&#13; 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   S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Uruguay&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Liveck&#13; 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(5)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Telecommunications&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;43.14%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;42.26%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;41.77%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Elron&#13; 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text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&#13;Includes interest held through E-Commerce Latina S.A. and Tyrus S.A.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&#13;The Group has consolidated the investment in Llao Llao Resorts S.A. and UT IRSA and Galer&amp;#237;as Pac&amp;#237;fico considering its&#13;equity interest and a shareholder agreement that confers it majority of votes in the decision making process.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&#13;Includes interest held through Ritelco S.A. and Torodur S.A.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-indent: 0px; margin-left: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;Includes&#13;Tyrus's equity interest. Until the present financial year, the participation was through Tyrus S.A. and IDBD.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DIC&#13;considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-&amp;#224;-vis&#13;other shareholders, with a stake of 46.16%, also taking into account the historic voting performance in the &amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&amp;#160;&amp;#160; &amp;#160;&amp;#160;&amp;#160;&amp;#160; &amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; Shareholders&amp;#8217; Meetings, as well as the evaluation&#13;of the holdings of the remaining shareholders, which are highly atomized.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6)&#13;&amp;#160;&amp;#160; Corresponds to acquisitions and constitutions of new entities considered not material as a whole.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7)&#13;&amp;#160;&amp;#160; Control was lost in June 30, 2018. See Note 4.G.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&#13;Except for the aforementioned items the percentage of votes does not differ from the stake.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group takes into account both quantitative and qualitative aspects in order to determine which non-controlling interests in subsidiaries&#13;are considered significant.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(b)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Changes&#13;in ownership interests in subsidiaries without change of control&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transactions&#13;with non-controlling interests that do not result in loss of control are accounted for as equity transactions &amp;#8211; i.e., as&#13;transactions with the owners in their capacity as owners. The recorded value corresponds to the difference between the fair value&#13;of the consideration paid and/or received and the relevant share acquired and/or transferred of the carrying value of the net&#13;assets of the subsidiary.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(c)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Disposal&#13;of subsidiaries with loss of control&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;the Group ceases to have control any retained interest in the entity is re-measured at its fair value at the date when control&#13;is lost, with changes in carrying amount recognized in profit or loss. The fair value is the initial carrying amount for the purposes&#13;of subsequently accounting for the retained interest as an associate, joint venture or financial asset. In addition, any amounts&#13;previously recognized in other comprehensive income in respect of that entity are accounted for as if the Group had directly disposed&#13;of the related assets or liabilities. This may mean that amounts previously recognized in other comprehensive income are reclassified&#13;to profit or loss.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(d)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Associates&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Associates&#13;are all entities over which the Group has significant influence but not control, usually representing an interest between 20%&#13;and at least 50% of the voting rights. Investments in associates are accounted for using the equity method of accounting, except&#13;as otherwise indicated as explained below. Under the equity method, the investment is initially recognized at cost, and the carrying&#13;amount is increased or decreased to recognize the investor&amp;#8217;s share of the profit or loss of the investee after the date&#13;of acquisition. The Group&amp;#8217;s investment in associates includes goodwill identified on acquisition.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of each year-end or upon the existence of evidence of impairment, a determination is made as to whether there is any objective&#13;indication of impairment in the value of the investments in associates. If this is the case, the Group calculates the amount of&#13;impairment as the difference between the recoverable amount of the Associates and its carrying value and recognizes the amount&#13;adjacent to "Share of profit / (loss) of associates and joint ventures " in the Statement of Income and Other Comprehensive Income.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;and losses resulting from transactions between the Group and the associate are recognized in the Group's financial statements&#13;only to the extent of the interests in the associates of the unrelated investor. Unrealized losses are eliminated unless the transaction&#13;reflects signs of impairment of the value of the asset transferred. The accounting policies of associates are modified to ensure&#13;uniformity within Group policies.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group takes into account quantitative and qualitative aspects to determine which investments in associates are considered significant.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;8 includes summary financial information and other information of the Group's associates.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(e)&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint&#13;arrangements&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Joint&#13;arrangements are arrangements of which the Group and other party or parties have joint control bound by a contractual arrangement.&#13;Under IFRS 11, investments in joint arrangements are classified as either joint ventures or joint operations depending on the&#13;contractual rights and obligations each investor has rather than the legal structure of the joint arrangement. A joint venture&#13;is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement.&#13;A joint operation is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the assets,&#13;and obligations for the liabilities, relating to the arrangement. The Group has assessed the nature of its joint arrangements&#13;and determined them to be joint ventures.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;in joint ventures are accounted for under the equity method. 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    <irsa:DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following standards and amendments have been issued by the IASB. Below we outline the standards and amendments that may potentially&#13;have an impact on the Group at the time of application.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Standards&#13;and amendments adopted by the Group&amp;#160;&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Standards&#13;    and amendments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 42%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Date&#13;                                         of mandatory adoption for the Group in the year ended on&amp;#160;&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cycle&#13;    of annual improvements 2014-2016. IFRS 12 &amp;#8220;Disclosure of Interests in other entities&amp;#8221;.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    the standard scope.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2018&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IAS 7 "Disclosure initiative".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Establishes&#13;    that the entity shall disclose information so that users of the Financial Statements may assess the changes in liabilities&#13;    resulting from financing activities, including both cash and non-cash changes.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2018&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IAS 12 "Recognition of deferred tax assets for unrealized losses".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    the accounting of deferred income tax assets in the case of unrealized losses from debt instruments measured at fair value.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2018&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;adoption of these standards and amendments has not had a material impact for the Group. See details of IAS 7 modifications in&#13;Note 19.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Standards&#13;and amendments not yet adopted by the Group&amp;#160;&amp;#160;&lt;/u&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Standards&#13;    and amendments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 42%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Date&#13;                                         of mandatory adoption for the Group in the year ended on&amp;#160;&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IAS 40 "Transfers of Investment Properties"&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    the conditions that should be met for an entity to transfer a property to, or from, investment properties.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cycle&#13;    of annual improvements 2014-2016. IAS 28 &amp;#8220;Investments in Associates and Joint ventures&amp;#8221;.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Clarifies&#13;    that the option to measure an associate or a joint venture at fair value for a qualifying entity is available upon initial&#13;    recognition.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;    9 &amp;#8220;Financial Instruments&amp;#8221;.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Adds&#13;    a new impairment model based on expected losses and introduces some minor amendments to the classification and measurement&#13;    of financial assets.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;    15 &amp;#8220;Revenues from contracts with customers&amp;#8221;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provides&#13;    the new revenue recognition model derived from contracts with customers. The core principle underlying the model is satisfaction&#13;    of performance obligations assumed with customers. Applies to all contracts with customers, except those covered by other&#13;    IFRSs, such as leases, insurance and financial instruments contracts. The standard does not address recognition of interest&#13;    or dividend income.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amendments&#13;    to IFRS 2 "Share-based Payment".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    amendments clarify the scope of the standard in relation to (i) accounting of the effects that the concession consolidation&#13;    conditions have on cash settled share-based payments, (ii) the Classification of the share-based payment transactions subject&#13;    to net settlement, and (iii) accounting for the amendment of terms and conditions of the share-based payment transaction that&#13;    reclassifies the transaction from cash settled to equity settled.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2019&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS&#13;    16 "Leases".&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Will&#13;    supersede IAS 17 currently in force (and associated interpretations) and its scope includes all leases, with a two specific&#13;    exceptions (low cost assets&amp;#8217; leases and short-term leases). Under the new standard, lessees are required to account&#13;    for leases under one single model in the balance sheet that is similar to the one used to account for financial leases under&#13;    IAS 17. The accounting of the lessor has no significant changes.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06-30-2020&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;future adoption of these standards modifications and interpretations will not have a significant impact to the Group, except for&#13;the following:&amp;#160;&lt;/font&gt;&lt;/p&gt;</irsa:DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory>
    <ifrs-full:DisclosureOfConsolidatedAndSeparateFinancialStatementsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;Breakdown&#13;of the expected changes to the financial position of the Group due to the application of IFRS 9 and 15 are described below:&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 40%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;b&gt;Current statement of financial position&amp;#160;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;b&gt;IFRS 15 impact&amp;#160;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;b&gt;IFRS 9 impact&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;b&gt;Adjusted statement of financial position&amp;#160;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;ASSETS&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;                                                      &lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Non-current assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Trading properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,018&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(3,338)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,680&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Investments in associates and joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;24,650&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;24&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(19)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;24,655&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Deferred income tax assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;380&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(95)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;285&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Trade and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;8,142&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;497&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(63&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;8,576&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total non-current assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;239,755&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(2,912&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(82&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;236,761&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Current assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(734)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,498&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Trade and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;14,947&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;292&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(32&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;15,207&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total current assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(3,354&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(114&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;332,305&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;SHAREHOLDERS&amp;#8217; EQUITY&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;37,095&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Non-controlling interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;37,120&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;126&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(473&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;36,773&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;TOTAL SHAREHOLDERS&amp;#8217; EQUITY&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;74,541&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;253&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(926&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;73,868&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;LIABILITIES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Non-current liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Trade and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,484&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(1,647)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,837&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;181,046&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,025&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;182,071&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Deferred income tax liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;26,197&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(43&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(268&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;25,886&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total non-current liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;214,476&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(1,690&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;757&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;213,543&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Current liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Trade and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;14,617&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(1,925)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;12,692&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;25,587&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;55&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;25,642&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Income tax and MPIT liabilities&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;530&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; 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color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(1,917&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;55&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;44,894&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;TOTAL LIABILITIES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;261,232&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(114&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;332,305&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfConsolidatedAndSeparateFinancialStatementsExplanatory>
    <irsa:DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group conducts its business through several operating and investment companies, the principal are listed below:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;% of ownership interest&#13;                    held by the Group&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="width: 32%; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Name&#13;    of the entity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Country&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Main&#13;    activity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06.30.2018&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06.30.2017&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;06.30.2016&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;IRSA's&#13;    direct interest:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IRSA&#13;    CP (1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    estate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;86.34%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;94.61%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;94.61%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;E-Commerce&#13;    Latina S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Efanur&#13;    S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Uruguay&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Hoteles&#13;    Argentinos S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Hotel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;80.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;80.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;80.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inversora&#13;    Bol&amp;#237;var S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Llao&#13;    Llao Resorts S.A. (2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Hotel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;50.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;50.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;50.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nuevas&#13;    Fronteras S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Hotel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;76.34%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;76.34%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;76.34%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Palermo&#13; 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   IRSA and Galer&amp;#237;as Pac&amp;#237;fico (2) (6)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;50.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;50.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;IRSA&#13; 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   S.A. (3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Argentina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    estate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Panamerican&#13; 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   Madison LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USA&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;100.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IRSA&#13; 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   Investment Corporation Ltd. 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(7)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Retail&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;54.19%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;52.95%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cellcom&#13;    Israel Ltd. (5)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Telecommunications&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;43.14%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;42.26%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;41.77%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Elron&#13;    Electronic Industries Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;50.30%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;50.30%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;50.30%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bartan&#13;    Holdings and Investments Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;55.68%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;55.68%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;55.68%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Epsilon&#13;    Investment House Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Israel&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;68.75%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;68.75%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;68.75%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&#13;Includes interest held through E-Commerce Latina S.A. and Tyrus S.A.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&#13;The Group has consolidated the investment in Llao Llao Resorts S.A. and UT IRSA and Galer&amp;#237;as Pac&amp;#237;fico considering its&#13;equity interest and a shareholder agreement that confers it majority of votes in the decision making process.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&#13;Includes interest held through Ritelco S.A. and Torodur S.A.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-indent: 0px; margin-left: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;Includes&#13;Tyrus's equity interest. Until the present financial year, the participation was through Tyrus S.A. and IDBD.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DIC&#13;considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-&amp;#224;-vis&#13;other shareholders, with a stake of 46.16%, also taking into account the historic voting performance in the &amp;#160;&amp;#160;&amp;#160;&#13;&amp;#160;&amp;#160;&amp;#160; &amp;#160;&amp;#160;&amp;#160;&amp;#160; &amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; Shareholders&amp;#8217; Meetings, as well as the evaluation&#13;of the holdings of the remaining shareholders, which are highly atomized.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6)&#13;&amp;#160;&amp;#160; Corresponds to acquisitions and constitutions of new entities considered not material as a whole.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7)&#13;&amp;#160;&amp;#160; Control was lost in June 30, 2018. See Note 4.G.&lt;/font&gt;&lt;/p&gt;</irsa:DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory>
    <irsa:DisclosureOfUsefulLifeExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;remaining useful life as of June 30, 2018 is as follows:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="width: 69%; text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Buildings&#13;    and facilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 31%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    5 and 50 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Machinery&#13;    and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    3 and 24 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Communication&#13;    networks&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    4 and 20 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Between&#13;    3 and 25 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;/p&gt;</irsa:DisclosureOfUsefulLifeExplanatory>
    <ifrs-full:DisclosureOfChangesInAccountingEstimatesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;These judgments&#13;involve assumptions or estimates in respect of future events. Actual results may differ from these estimates.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 18%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Estimation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 45%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Main&#13;    assumptions&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Potential&#13;    implications&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-left: #000000 1px solid; width: 16%; border-top: #000000 1px solid; border-right: #000000 1px solid; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Main&#13;    references&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Business&#13;    combination - Allocation of acquisition prices&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assumptions&#13;    regarding timing, amount of future revenues and expenses, revenue growth, expected rate of return, economic conditions, discount&#13;    rate, among other.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Should&#13;    the assumptions made be inaccurate, the recognized combination may not be correct.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    4 &amp;#8211; Acquisitions and dispositions&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recoverable&#13;    amounts of cash-generating units (even those including goodwill), associates and assets.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;                                         discount rate and the expected growth rate before taxes in connection with cash-generating&#13;                                         units.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The discount rate and the expected growth&#13;        rate after taxes in connection with associates.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flows are determined based on past experiences&#13;        with the asset or with similar assets and in accordance with the Group&amp;#8217;s best factual assumption relative to the&#13;        economic conditions expected to prevail.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Business continuity of cash-generating units.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Appraisals made by external appraisers and&#13;        valuators with relation to the assets&amp;#8217; fair value, net of realization costs (including real estate assets).&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Should&#13;    any of the assumptions made be inaccurate, this could lead to differences in the recoverable values of cash-generating units.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;                                         11 &amp;#8211; Property, plant and equipment&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note 13 &amp;#8211; Intangible assets&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Control,&#13;    joint control or significant influence&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Judgment&#13;    relative to the determination that the Group holds an interest in the shares of investees (considering the existence and influence&#13;    of significant potential voting rights), its right to designate members in the executive management of such companies (usually&#13;    the Board of directors) based on the investees&amp;#8217; bylaws; the composition and the rights of other shareholders of such&#13;    investees and their capacity to establish operating and financial policies for investees or to take part in the establishment&#13;    thereof.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accounting&#13;    treatment of investments as subsidiaries (consolidation) or associates (equity method)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    2.3&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    useful life of intangible assets and property, plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    useful life of assets based on their conditions.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recognition&#13;    of accelerated or decelerated depreciation by comparison against final actual earnings (losses).&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;                                         11 &amp;#8211; Property, plant and equipment&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note 13 &amp;#8211; Intangible assets&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;    value valuation of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;    value valuation made by external appraisers and valuators. See Note 10.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Incorrect&#13;    valuation of investment property values&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;                                         10 &amp;#8211; Investment properties&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;                                         Group estimates the income tax amount payable for transactions where the Treasury&amp;#8217;s&#13;                                         Claim cannot be clearly determined.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additionally, the Group evaluates the recoverability&#13;        of assets due to deferred taxes considering whether some or all of the assets will not be recoverable.&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Upon&#13;    the improper determination of the provision for income tax, the Group will be bound to pay additional taxes, including fines&#13;    and compensatory and punitive interest.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    21 &amp;#8211; Taxes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allowance&#13;    for doubtful accounts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;    periodic review is conducted of receivables risks in the Group&amp;#8217;s clients&amp;#8217; portfolios. Bad debts based on the expiration&#13;    of account receivables and account receivables&amp;#8217; specific conditions.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Improper&#13;    recognition of charges / reimbursements of the allowance for bad debt.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    15 &amp;#8211; Trade and other receivables&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Level&#13;    2 and 3 financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Main&#13;                                         assumptions used by the Group are:&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;Discounted&#13;        projected income by interest rate&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;Values&#13;        determined in accordance with the shares in equity funds on the basis of its Financial Statements, based on fair value&#13;        or investment assessments.&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;Comparable&#13;        market multiple (EV/GMV ratio).&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#9679;&lt;font style="letter-spacing: 12px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="color: #000000"&gt;Underlying&#13;        asset price (Market price); share price volatility (historical) and market interest-rate (Libor rate curve).&lt;/font&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Incorrect&#13;    recognition of a charge to income / (loss).&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    14 &amp;#8211; Financial instruments by category&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Probability&#13;    estimate of contingent liabilities.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; padding-left: 24px; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Whether&#13;    more economic resources may be spent in relation to litigation against the Group; such estimate is based on legal advisors&amp;#8217;&#13;    opinions.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Charge&#13;    / reversal of provision in relation to a claim.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Note&#13;    19 &amp;#8211; Provisions&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: top"&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Qualitative&#13;    considerations for determining whether or not the replacement of the debt instrument involves significantly different terms&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;                                         entire set of characteristics of the exchanged debt instruments, and the economic parameters&#13;                                         represented therein:&lt;/font&gt;&lt;/p&gt;&#13; 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    <ifrs-full:DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory contextRef="From2017-07-01to2018-06-30_custom_NewPharmDrugstoresLtdMember">&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table resumes consideration and fair value of the acquired assets and the liabilities assumed:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 85%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;December 2017&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Fair&#13;    value of identifiable assets and assumed liabilities:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Properties,&#13;    plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;200&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Inventories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;380&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;335&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Cash&#13;    and cash equivalents&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;25&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(260)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(930)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Employee&#13;    benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(25)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Provisions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(15&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&#13;    net identifiable assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(290&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Goodwill&#13;    (pending allocation)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;920&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;630&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory>
    <ifrs-full:DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory contextRef="From2017-07-01to2018-06-30_custom_ShufersalLtdMember">&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;are the details of the sale:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 85%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;06.30.2018&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Cash&#13;    received&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,420&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Remediation&#13;    of the fair value of the remaining interest&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;13,164&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Total&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;19,584&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Net&#13;    assets disposed including goodwill&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(8,501&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Gain&#13;    from the sale of a subsidiary, net of taxes (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;11,083&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Includes Ps. 2,643 as a result of the sale and Ps. 8,440 as a result of the remeasurement at the fair value of the new stake.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory>
    <irsa:ScheduleOfNetAssetsDisposedTextBlock contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table details the net assets disposed:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 85%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;06.30.2018&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Investment&#13;    properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;4,489&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Property,&#13;    plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;29,001&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Intangible&#13;    assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;7,108&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Investments&#13;    in associates and joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;401&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Restricted&#13;    assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;91&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;12,240&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Investments&#13;    in financial assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,846&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;23&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Inventories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,276&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Cash&#13;    and cash equivalents&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;5,579&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;TOTAL&#13;    ASSETS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;68,054&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;21,310&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Deferred&#13;    income tax liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,808&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;23,974&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Provisions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;447&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Employee&#13;    benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,279&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Salaries&#13;    and social security liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,392&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Income&#13;    tax and MPIT liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;8&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;TOTAL&#13;    LIABILITIES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;52,218&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Non-controlling&#13;    interest&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;7,335&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Net&#13;    assets disposed including goodwill&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;8,501&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</irsa:ScheduleOfNetAssetsDisposedTextBlock>
    <irsa:DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;1)&#13;Operations Center in Argentina&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Net monetary position&#13;                    (Liability)/Asset&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Functional&#13;    currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2018&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td colspan="2"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 55%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;US$&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NIS&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Argentine&#13;    Peso&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(13,324)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(11,436)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Uruguayan&#13;    Peso&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(368)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(131)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;US&#13;    Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;1&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(13,692&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(11,567&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;1&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;/p&gt;</irsa:DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory>
    <ifrs-full:MaturityAnalysisForDerivativeFinancialLiabilities contextRef="From2017-07-01to2018-06-30">&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Where&#13;the interest payable is not fixed, the amount disclosed has been determined by reference to the existing conditions at the reporting&#13;date.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;1)&#13;Operations Center in Argentina&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 40%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Less than 1 year&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between 1 and 2 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between 2 and 3 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between 3 and 4 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;More than 4 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,277&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;127&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;12&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;10&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,429&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&#13;    (excluding finance leases liabilities)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,837&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;7,787&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;7,807&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,236&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;11,450&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;32,117&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Finance&#13;    leases obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;7&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;15&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Derivative&#13;    Financial Instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;46&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;46&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;5,121&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;7,920&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;7,821&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;1,246&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;11,499&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;33,607&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 40%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;June&#13;    30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Less than 1 year&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between 1 and 2 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between 2 and 3 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between 3 and 4 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;More than 4 years&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Trade&#13;    and other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;752&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;8&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;5&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;773&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Borrowings&#13;    (excluding finance leases liabilities)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,656&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;529&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;528&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;525&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,749&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;9,987&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Finance&#13;    leases obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;4&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Derivative&#13;    Financial Instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;5&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;5&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;2,415&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;538&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;535&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;527&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;6,754&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;10,769&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;2)&#13;Operations Center in Israel&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 40%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;June&#13;    30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Less than 1 year&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;76&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;138&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;41,790&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;20,889&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;22,407&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;13,363&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;67,537&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;165,986&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&lt;/p&gt;</ifrs-full:MaturityAnalysisForDerivativeFinancialLiabilities>
    <ifrs-full:DisclosureOfGeographicalAreasExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is a summary of the Group&amp;#8217;s lines of business and a reconciliation between the results from operations as per segment information&#13;and the results from operations as per the Statements of Income for the years ended June 30, 2018, 2017 and 2016:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2018&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 22%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Argentina&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Israel&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 5%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Joint ventures (1)&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discontinued operations (2)&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expensesand collectivepromotion funds&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Elimination of inter-segment transactions&#13;        and non-reportable assets / liabilities (3)&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total as per statement of income / statement&#13;        of financial position&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;5,308&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;86,580&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;91,888&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(46)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(60,470)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,726&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(10)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;33,088&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(1,066&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(61,395&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(62,461&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;29&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;44,563&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(1,760&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(45,780&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(261,232&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Net&#13; 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   &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Israel&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 5%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Joint ventures (1)&lt;/font&gt;&lt;/p&gt;&#13; 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       &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Elimination of inter-segment transactions&#13;        and non-reportable assets / liabilities (3)&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total as per statement of income / statement&#13;        of financial position&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Revenues&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(49,110&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(50,022&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(1,517&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(16,033&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Gross&#13;    profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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   &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;22,711&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(23&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(155,235&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(155,235&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(28,671&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(183,906&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Net&#13;    reportable assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;44,885&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;68,614&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(193&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(21,085&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;47,336&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2016&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 22%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Argentina&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Israel&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 5%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13; 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color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(23,296&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(156,285&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Net&#13; 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vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(142&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(17,777&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;35,856&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;Represents the equity value of joint ventures that were proportionately consolidated for information by segment purposes.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&#13;Corresponds to Shufersal&amp;#8217;s deconsolidation, the Group lost control in June 2018. See Note 4.G.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&#13;Includes deferred income tax assets, income tax and MPIT credits, trade and other receivables, investment in financial assets,&#13;cash and cash equivalents and intangible assets except for rights to receive future units under barter agreements, net of investments&#13;in associates with negative equity which are included in provisions in the amount of Ps. 2,452, Ps. 72 and Ps. 45, as of June&#13;30, 2018, 2017 and 2016, respectively.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is a summarized analysis of the lines of business of Group&amp;#8217;s operations center in Argentina for the fiscal years ended June&#13;30, 2018, 2017 and 2016:&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;June 30, 2018&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operations Center in Argentina&lt;/font&gt;&lt;/p&gt;&#13; 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   &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sales and developments&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Hotels&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;International&lt;/font&gt;&lt;/p&gt;&#13; 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   &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;973&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;18&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;5,308&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; 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padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;3,320&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;66,443&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Includes the investments in Condor for Ps. 697 and New Lipstick for Ps. (2,437). See Note 18.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;Includes the results of New Lipstick for Ps. (2,380). See Note 18&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfGeographicalAreasExplanatory>
    <ifrs-full:DisclosureOfOperatingSegmentsExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;June 30, 2017&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Operations Center in Argentina&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 20%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Shopping Malls&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Offices&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Sales and developments&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Hotels&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;International&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Corporate&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Others&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Total&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,047&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;434&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;99&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;725&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;4,311&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(350&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(29&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(43&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(486&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(4&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(912&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;2,697&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;405&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;56&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;239&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;2&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;3,399&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Net gain from fair value adjustment of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,068&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,359&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;849&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(5)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;4,271&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;General and administrative expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(261)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(70)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(40)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(135)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(43)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(132)&lt;/font&gt;&lt;/td&gt;&#13; 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vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;167&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;572&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;2,301&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;44,885&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;From&#13;all the revenues corresponding to the Operations Center in Argentina, the 100% are originated in Argentina. No external client&#13;represents 10% or more of revenue of any of the reportable segments.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;From&#13;all of the assets corresponding to the Operations Center in Argentina segments, Ps. 44,123 are located in Argentina and Ps. 762&#13;in other countries, principally in USA for Ps. 570 and Uruguay for Ps. 192.&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;June 30, 2016&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="8"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Operations Center in Argentina&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 20%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Shopping Malls&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Offices&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Sales and developments&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Hotels&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;International&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Corporate&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Others&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Total&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,409&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;332&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;8&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;534&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;3,289&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(250&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(25&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(20&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(361&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(2&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(658&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Gross profit / (loss)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;2,159&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;307&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(12&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;173&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;4&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;2,631&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Net gain from fair value adjustment of investment properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;16,132&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,268&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;773&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;36&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;18,209&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;General and administrative expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(179)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(85)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(24)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;(103)&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;From&#13;all the revenues corresponding to the Operations Center in Argentina, the 100% are originated in Argentina. 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   &lt;td colspan="7"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;June 30, 2018&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Operations Center in Israel&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 30%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Real Estate&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Supermarkets&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Telecommunications&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Insurance&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Corporate&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Others&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Total&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;167&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;20&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(230&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(43&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Segment profit / (loss)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;5,344&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;2,287&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(196&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;60&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(582&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;6,913&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Operating assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;134,038&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;13,304&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;49,797&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;12,254&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;21,231&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;36,178&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;266,802&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Operating liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(104,202&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(38,804&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(1,214&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(68,574&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(2,658&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(215,452&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Operating assets (liabilities), net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;29,836&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;13,304&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;10,993&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;11,040&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(47,343&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;33,520&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;51,350&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;June 30, 2017&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Operations Center in Israel&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 30%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Real Estate&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Supermarkets&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Telecommunications&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Insurance&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Corporate&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Others&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Total&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(162&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(49,110&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;2,585&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; 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vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;101&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;19,312&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; 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color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(196&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Profit / (loss) from operations&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;2,511&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;1,762&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(253&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(432&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(364&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;3,224&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Share of profit / (loss) of associates and joint ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;46&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;75&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(16&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;105&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Segment profit / (loss)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;2,557&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;1,837&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(253&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(432&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;(380&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;)&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;3,329&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Operating assets&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;2,913&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;23,729&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;June 30, 2016&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Operations Center in Israel&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 30%"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Real Estate&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Supermarkets&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Telecommunications&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Insurance&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Corporate&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Others&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p&gt;Total&lt;/p&gt;&#13;        &lt;p&gt;&amp;#160;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,538&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;18,610&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;6,655&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;274&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;27,077&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; 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border-bottom: #000000 2px solid"&gt;&amp;#160;(14,076&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(4,525&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(184&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;(19,252&lt;/font&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13; 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color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;2,130&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;-&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;90&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 2px solid"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid"&gt;&amp;#160;7,825&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; 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   &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000"&gt;Operating assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;60,678&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;29,440&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;27,345&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 13px Times New Roman, Times, Serif; 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    <ifrs-full:DisclosureOfInterestsInSubsidiariesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group conducts its business through several operating and holding subsidiaries. The Group considers that the subsidiaries below&#13;are the ones with significant non-controlling interests to the Group.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 30%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Direct interest of non-controlling interest&#13;        %(1)&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current Assets&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current Assets&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current Liabilities&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current Liabilities&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net assets&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Book value of non-controlling interests&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As of June 30, 2018&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Elron&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;49.70%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,933&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,610&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;252&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;24&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;2,680&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,975&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;PBC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;35.56%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;10,956&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;64,345&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;10,503&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;49,902&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;14,896&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;11,161&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; 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   &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,801&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;17,605&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;23,016&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1,194&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 28%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Revenues&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net income / (loss)&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total comprehensive income / (loss)&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total comprehensive income / (loss) attributable&#13;        to non-controlling interest&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash of Operating activities&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash of investing activities&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash of financial activities&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net Increase (decrease) in cash and cash&#13;        equivalents&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; border-top: #000000 1px solid"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends distribution to non-controlling&#13;        shareholders&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Total&#13;    at the end of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;380&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;265&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: #000000 4px double"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double"&gt;&amp;#160;63&lt;/font&gt;&lt;/b&gt;&lt;b&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 12px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 12px; font: 13px Times New Roman, Times, Serif"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;It includes Isaac Elsztain e Hijos, CAMSA. Hamonet S.A., Ramat Hanassi, Estudio Zang, Bergel &amp;#38; Vi&amp;#241;es, and Fundaci&amp;#243;n&#13;IRSA.&lt;/font&gt;&lt;/p&gt;</irsa:ScheduleOfResultsWithRelatedPartiesExplanatory>
    <ifrs-full:DisclosureOfTransactionsBetweenRelatedPartiesExplanatory contextRef="From2017-07-01to2018-06-30">&lt;p style="text-align: justify; text-indent: 48px; margin-right: 2px; margin-left: 0; font: 13px Times New Roman, Times, Serif; color: #000000"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following is a summary of the transactions with related parties for the years ended June 30, 2018 and 2017:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 36%; text-align: center; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Related&#13;    party&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2018&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;p&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;June 30, 2017&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 34%; text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;&lt;b&gt;Description&#13;    of the operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;La&#13;    Rural S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;34&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;9&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Cyrsa&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;7&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Baicom&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;1&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;NPSF&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;9&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;12&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Manaman&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;25&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;36&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Manibil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;19&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Ramat&#13;    Hanassi&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;20&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;PBEL&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;EMCO&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;91&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;101&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Aviareps&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;-&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;36&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #cceeff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Tourism&#13;    &amp;#38; Recreation Holdings Ltd.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;25&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom"&gt;&amp;#160;&amp;#160;7&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; text-indent: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: #ffffff; vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; 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    <irsa:CapitalizedFinanceCosts1 contextRef="From2016-07-01to2017-06-30" unitRef="ars" xsi:nil="true" />
    <irsa:FinancialAssetsTradeAndOtherReceivables contextRef="AsOf2018-06-30_country_AR" unitRef="ars" id="Foot-46-36" decimals="-6">2847000000</irsa:FinancialAssetsTradeAndOtherReceivables>
    <irsa:FinancialAssetsTradeAndOtherReceivables contextRef="AsOf2017-06-30_country_AR" unitRef="ars" id="Foot-46-37" decimals="-6">1599000000</irsa:FinancialAssetsTradeAndOtherReceivables>
    <irsa:FinancialAssetsRestrictedAssets contextRef="AsOf2018-06-30_country_AR" unitRef="ars" id="Foot-46-38" xsi:nil="true" />
    <irsa:FinancialAssetsRestrictedAssets contextRef="AsOf2017-06-30_country_AR" unitRef="ars" id="Foot-46-39" decimals="-6">41000000</irsa:FinancialAssetsRestrictedAssets>
    <irsa:InvestmentsInFinancialAssets contextRef="AsOf2018-06-30_country_AR" unitRef="ars" id="Foot-46-40" decimals="-6">3974000000</irsa:InvestmentsInFinancialAssets>
    <irsa:InvestmentsInFinancialAssets contextRef="AsOf2017-06-30_country_AR" unitRef="ars" id="Foot-46-41" decimals="-6">1356000000</irsa:InvestmentsInFinancialAssets>
    <irsa:DerivativeFinancialInstruments contextRef="AsOf2018-06-30_country_AR" unitRef="ars" id="Foot-46-42" decimals="-6">32000000</irsa:DerivativeFinancialInstruments>
    <irsa:DerivativeFinancialInstruments contextRef="AsOf2017-06-30_country_AR" unitRef="ars" id="Foot-46-43" decimals="-6">36000000</irsa:DerivativeFinancialInstruments>
    <irsa:FinancialAssetsCashAndCashEquivalents contextRef="AsOf2018-06-30_country_AR" unitRef="ars" id="Foot-46-44" decimals="-6">7800000000</irsa:FinancialAssetsCashAndCashEquivalents>
    <irsa:FinancialAssetsCashAndCashEquivalents contextRef="AsOf2017-06-30_country_AR" unitRef="ars" id="Foot-46-45" decimals="-6">5300000000</irsa:FinancialAssetsCashAndCashEquivalents>
    <irsa:FinancialLiabilitiesTradeAndOtherPayables contextRef="AsOf2018-06-30_country_AR" unitRef="ars" id="Foot-46-46" decimals="-6">3120000000</irsa:FinancialLiabilitiesTradeAndOtherPayables>
    <irsa:FinancialLiabilitiesTradeAndOtherPayables contextRef="AsOf2017-06-30_country_AR" unitRef="ars" id="Foot-46-47" decimals="-6">995000000</irsa:FinancialLiabilitiesTradeAndOtherPayables>
    <irsa:FinancialLiabilitiesBorrowings contextRef="AsOf2018-06-30_country_AR" unitRef="ars" id="Foot-46-48" decimals="-6">25029000000</irsa:FinancialLiabilitiesBorrowings>
    <irsa:FinancialLiabilitiesBorrowings contextRef="AsOf2017-06-30_country_AR" unitRef="ars" id="Foot-46-49" decimals="-6">18683000000</irsa:FinancialLiabilitiesBorrowings>
    <ifrs-full:DividendPayables contextRef="AsOf2018-06-30_custom_ShareholderMember" unitRef="ars" decimals="-6">1412000000</ifrs-full:DividendPayables>
    <irsa:PercentageOfSaleOfShareCapital contextRef="From2018-08-13to2018-08-14_custom_NonadjustingEvents1Member_custom_IDBTourism2009LtdMember" unitRef="Pure" decimals="INF">0.50</irsa:PercentageOfSaleOfShareCapital>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_IRSAPropiedadesComercialesSAMember" id="Foot-81-0">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_ECommerceLatinaSAMember">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_EfanurSAMember">Uruguay</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_HotelesArgentinosSAMember">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_InversoraBolivarSAMember">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_LlaoLlaoResortsSAMember" id="Foot-82-0">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_NuevasFronterasSAMember">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_PalermoInvestSAMember">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_RitelcoSAMember">Uruguay</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_TyrusSAMember">Uruguay</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_ArcosdelGourmetSAMember">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_EmprendimientoRecoletaSAMember">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_FibesaSAMember" id="Foot-83-0">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_PanamericanMallSAMember">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_ShoppingNeuquenSAMember">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_TorodurSAMember">Uruguay</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_EntertainmentHoldingsSAMember">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_DolphinFundLtdMember">Bermudas</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IMadisonLLCMember">USA</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IRSADevelopmentLPMember">USA</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IRSAInternationalLLCMember">USA</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_JiwinSAMember">Uruguay</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_LiveckSAMember">Uruguay</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateInvestmentGroupIVLPREIGIVMember">Bermudas</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateInvestmentGroupVLPMember">Bermudas</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateStrategiesLLCMember">USA</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member_custom_RealEstateInvestmentGroupVIILPREIGVIIMember">Bermudas</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member_custom_IDBDevelopmentCorporationLtdMember">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity4Member_custom_DiscountInvestmentCorporationLtdMember" id="Foot-84-0">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member_custom_IDBTourism2009LtdMember">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member_custom_IDBGroupInvestmentIncMember">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_PropertyAndBuildingCorporationLtdMember">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_ShufersalLtdMember" id="Foot-78-2">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_CellcomIsraelLtdMember" id="Foot-85-0">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_ElronElectronicIndustriesLtdMember">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_BartanHoldingsandInvestmentsLtdMember">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_EpsilonInvestmentHouseLtdMember">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_UTIRSAAndGaleriasPacificoMember" id="Foot-86-0">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_CentroDeEntretenimientoLaPlataMember" id="Foot-87-0">Argentina</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <ifrs-full:CountryOfIncorporationOrResidenceOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member_custom_DolphinILInvestmentLtdMember">Israel</ifrs-full:CountryOfIncorporationOrResidenceOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_IRSAPropiedadesComercialesSAMember" id="Foot-81-1">Real estate</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_ECommerceLatinaSAMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_EfanurSAMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_HotelesArgentinosSAMember">Hotel</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_InversoraBolivarSAMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_LlaoLlaoResortsSAMember" id="Foot-82-1">Hotel</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_NuevasFronterasSAMember">Hotel</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_PalermoInvestSAMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_RitelcoSAMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_TyrusSAMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_ArcosdelGourmetSAMember">Real estate</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_EmprendimientoRecoletaSAMember">Real estate</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_FibesaSAMember" id="Foot-83-1">Real estate</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_PanamericanMallSAMember">Real estate</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_ShoppingNeuquenSAMember">Real estate</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_TorodurSAMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_EntertainmentHoldingsSAMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_DolphinFundLtdMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IMadisonLLCMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IRSADevelopmentLPMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IRSAInternationalLLCMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_JiwinSAMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_LiveckSAMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateInvestmentGroupIVLPREIGIVMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateInvestmentGroupVLPMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateStrategiesLLCMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member_custom_RealEstateInvestmentGroupVIILPREIGVIIMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member_custom_IDBDevelopmentCorporationLtdMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity4Member_custom_DiscountInvestmentCorporationLtdMember" id="Foot-84-1">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member_custom_IDBTourism2009LtdMember">Tourism services</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member_custom_IDBGroupInvestmentIncMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_PropertyAndBuildingCorporationLtdMember">Real estate</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_ShufersalLtdMember" id="Foot-78-3">Retail</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_CellcomIsraelLtdMember" id="Foot-85-1">Telecommunications</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_ElronElectronicIndustriesLtdMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_BartanHoldingsandInvestmentsLtdMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_custom_EpsilonInvestmentHouseLtdMember">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_UTIRSAAndGaleriasPacificoMember" id="Foot-86-1">Investment</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_CentroDeEntretenimientoLaPlataMember" id="Foot-87-1">Real estate</irsa:MainActivityOfAssociate>
    <irsa:MainActivityOfAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member_custom_DolphinILInvestmentLtdMember">Investment</irsa:MainActivityOfAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_IRSAPropiedadesComercialesSAMember" unitRef="Pure" id="Foot-81-2" decimals="INF">0.8634</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_IRSAPropiedadesComercialesSAMember" unitRef="Pure" id="Foot-81-3" decimals="INF">0.9461</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_IRSAPropiedadesComercialesSAMember" unitRef="Pure" id="Foot-81-4" decimals="INF">0.9461</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_ECommerceLatinaSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_ECommerceLatinaSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_ECommerceLatinaSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_EfanurSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_EfanurSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_EfanurSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_HotelesArgentinosSAMember" unitRef="Pure" decimals="INF">0.8000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_HotelesArgentinosSAMember" unitRef="Pure" decimals="INF">0.8000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_HotelesArgentinosSAMember" unitRef="Pure" decimals="INF">0.8000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_InversoraBolivarSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_InversoraBolivarSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_InversoraBolivarSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_LlaoLlaoResortsSAMember" unitRef="Pure" id="Foot-82-2" decimals="INF">0.5000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_LlaoLlaoResortsSAMember" unitRef="Pure" id="Foot-82-3" decimals="INF">0.5000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_LlaoLlaoResortsSAMember" unitRef="Pure" id="Foot-82-4" decimals="INF">0.5000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_NuevasFronterasSAMember" unitRef="Pure" decimals="INF">0.7634</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_NuevasFronterasSAMember" unitRef="Pure" decimals="INF">0.7634</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_NuevasFronterasSAMember" unitRef="Pure" decimals="INF">0.7634</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_PalermoInvestSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_PalermoInvestSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_PalermoInvestSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_RitelcoSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_RitelcoSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_RitelcoSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_TyrusSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_TyrusSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_custom_TyrusSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_ArcosdelGourmetSAMember" unitRef="Pure" decimals="INF">0.9000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_ArcosdelGourmetSAMember" unitRef="Pure" decimals="INF">0.9000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_ArcosdelGourmetSAMember" unitRef="Pure" decimals="INF">0.9000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_EmprendimientoRecoletaSAMember" unitRef="Pure" decimals="INF">0.5368</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_EmprendimientoRecoletaSAMember" unitRef="Pure" decimals="INF">0.5368</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_EmprendimientoRecoletaSAMember" unitRef="Pure" decimals="INF">0.5368</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_FibesaSAMember" unitRef="Pure" id="Foot-83-2" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_FibesaSAMember" unitRef="Pure" id="Foot-83-3" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_FibesaSAMember" unitRef="Pure" id="Foot-83-4" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_PanamericanMallSAMember" unitRef="Pure" decimals="INF">0.8000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_PanamericanMallSAMember" unitRef="Pure" decimals="INF">0.8000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_PanamericanMallSAMember" unitRef="Pure" decimals="INF">0.8000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_ShoppingNeuquenSAMember" unitRef="Pure" decimals="INF">0.9992</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_ShoppingNeuquenSAMember" unitRef="Pure" decimals="INF">0.9914</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_ShoppingNeuquenSAMember" unitRef="Pure" decimals="INF">0.9992</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_TorodurSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_TorodurSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_TorodurSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_EntertainmentHoldingsSAMember" unitRef="Pure" decimals="INF">0.7000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_EntertainmentHoldingsSAMember" unitRef="Pure" xsi:nil="true" />
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_custom_EntertainmentHoldingsSAMember" unitRef="Pure" decimals="INF">0.7000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_DolphinFundLtdMember" unitRef="Pure" decimals="INF">0.9157</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_DolphinFundLtdMember" unitRef="Pure" decimals="INF">0.9157</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_DolphinFundLtdMember" unitRef="Pure" decimals="INF">0.9157</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IMadisonLLCMember" unitRef="Pure" xsi:nil="true" />
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IMadisonLLCMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IMadisonLLCMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IRSADevelopmentLPMember" unitRef="Pure" xsi:nil="true" />
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IRSADevelopmentLPMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IRSADevelopmentLPMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IRSAInternationalLLCMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IRSAInternationalLLCMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_IRSAInternationalLLCMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_JiwinSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_JiwinSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_JiwinSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_LiveckSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_LiveckSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_LiveckSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateInvestmentGroupIVLPREIGIVMember" unitRef="Pure" xsi:nil="true" />
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateInvestmentGroupIVLPREIGIVMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateInvestmentGroupIVLPREIGIVMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateInvestmentGroupVLPMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateInvestmentGroupVLPMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateInvestmentGroupVLPMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateStrategiesLLCMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateStrategiesLLCMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_custom_RealEstateStrategiesLLCMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member_custom_RealEstateInvestmentGroupVIILPREIGVIIMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member_custom_RealEstateInvestmentGroupVIILPREIGVIIMember" unitRef="Pure" xsi:nil="true" />
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2016-07-01to2017-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member_custom_RealEstateInvestmentGroupVIILPREIGVIIMember" unitRef="Pure" xsi:nil="true" />
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2017-07-01to2018-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member_custom_IDBDevelopmentCorporationLtdMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2015-07-01to2016-06-30_custom_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member_custom_IDBDevelopmentCorporationLtdMember" unitRef="Pure" decimals="INF">0.6828</ifrs-full:ProportionOfOwnershipInterestInAssociate>
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      <link:loc xlink:type="locator" xlink:href="#Foot-87-0" xlink:label="Foot-87_loc" />
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      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-87_loc" xlink:to="Footnote-09" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-88-0" xlink:label="Foot-88_loc" />
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      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-88_loc" xlink:to="Footnote-42" order="1" />
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-01" xml:lang="en-US">Includes Ps.1 of Inflation adjustment of treasury stock. See Note 16.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-02" xml:lang="en-US">Related to CNV General Resolution N 609/12.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-03" xml:lang="en-US">Includes interest held through E-Commerce Latina S.A. and Tyrus S.A..</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-04" xml:lang="en-US">The Group has consolidated the investment in Llao Llao Resorts S.A. and UT IRSA and Galerias Pacifico considering its equity interest and a shareholder agreement that confers it majority of votes in the decision making process.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-05" xml:lang="en-US">Includes interest held through Ritelco S.A. and Torodur S.A..</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-06" xml:lang="en-US">Includes Tyrus's equity interest. Until the present financial year, the participation was through Tyrus S.A. and IDBD.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-07" xml:lang="en-US">Control was lost in June 30, 2018. See Note 4.G.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-08" xml:lang="en-US">DIC considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-a-vis other shareholders, with a stake of 46.16%, also taking into account the historic voting performance in the Shareholders' Meetings, as well as the evaluation of the holdings of the remaining shareholders, which are highly atomized.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-09" xml:lang="en-US">Corresponds to acquisitions and constitutions of new entities considered not material as a whole.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-10" xml:lang="en-US">Includes Ps. 2,643 as a result of the sale and Ps. 8,440 as a result of the remeasurement at the fair value of the new stake.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-11" xml:lang="en-US">Calculated as total of borrowings over total borrowings plus equity attributable equity holders of the parent company.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-12" xml:lang="en-US">Calculated as total borrowings over total properties (including trading properties, property, plant and equipment, investment properties and rights to receive units under barter agreements).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-13" xml:lang="en-US">Represents the equity value of joint ventures that were proportionately consolidated for information by segment purposes.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-14" xml:lang="en-US">Corresponds to Shufersal's deconsolidation, the Group lost control in June 2018. See Note 4.G.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-15" xml:lang="en-US">Includes deferred income tax assets, income tax and MPIT credits, trade and other receivables, investment in financial assets, cash and cash equivalents and intangible assets except for rights to receive future units under barter agreements, net of investments in associates with negative equity which are included in provisions in the amount of Ps. 2,452, Ps. 72 and Ps. 45, as of June 30, 2018, 2017 and 2016, respectively.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-16" xml:lang="en-US">Amortization charges of capitalized leasing costs were included in "Costs" in the Statements of Income (Note 23).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-17" xml:lang="en-US">For the next 5 years, an average AR$ / US$ exchange rate with an upward trend was considered, starting at Ps. 19.51 (corresponding to the year ended June 30, 2018) and arriving at Ps. 49.05. In the long term, a nominal devaluation rate of 5.6% calculated based on the quotient between inflation in Argentina and the United States is assumed. The considered inflation shows a downward trend, which starts at 25.0% (corresponding to the year ended June 30, 2018) and stabilizes at 8% after 10 years. These premises were determined at the closing date of the fiscal year.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-18" xml:lang="en-US">Considering an increase or decrease of: 100 points for the discount and growth rate in Argentina, 10% for the incidence and inflation, 20% for the devaluation, 50 points for the discount rate of Israel and USA, and 1% for the value of the m2.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-19" xml:lang="en-US">Includes furniture and fixtures, vehicles and aircrafts which have been reclassified to held for sale. (See Note 4)</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-20" xml:lang="en-US">See Note 4.D. Includes other non-significant business combinations.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-21" xml:lang="en-US">As of June 30, 2018 and 2017, depreciation charges of property, plant and equipment were recognized: Ps. 1,764 and Ps. 1,522 in "Costs", Ps. 175 and Ps. 251 in "General and administrative expenses" and Ps. 32 and Ps. 889 in "Selling expenses", respectively in the Statements of Income, (Note 23). In addition, a depreciation charge in the amount of Ps. 1,539 and Ps. 96, was recognized in "Discontinued operations" as of June 30, 2018 and 2017, respectively.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-22" xml:lang="en-US">Includes Zetol and Vista al Muelle plots of land, which have been mortgaged to secure Group's borrowings. The net book value amounted to Ps. 306 and Ps. 190 as of June 30, 2018 and 2017, respectively. Additionally, the Group has contractual obligations not provisioned related to these plot of lands committed when certain properties were acquired or real estate projects were approved, and amount to Ps. 372 and Ps. 135, respectively. Both projects are expected to be completed in 2029.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-23" xml:lang="en-US">The goodwill assigned to real estate in Israel amounts to NIS 155 (Ps. 907 at the exchange rate at the end of the financial year 2018), that assigned to telecommunications amounts to NIS 268 (Ps. 2,114 at the exchange rate at the end of the financial year 2018) and the one assigned to supermarkets amounted to NIS 192. The rest is goodwill that is allocated to the real estate segment of Argentina.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-24" xml:lang="en-US">Includes "Rights of use". Corresponds to Distrito Arcos</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-25" xml:lang="en-US">Includes "Rights to receive future units under barter agreements". Corresponds to receivables in kind representing the right to receive residential apartments in the future under barter agreements. Caballito: On June 29, 2011, the Group and TGLT entered into a barter agreement in the amount of US$ 12.8. In 2013, a neighborhood association secured a preliminary injunction which suspended the works to be carried out by TGLT in the property and started a claim against GCBA and TGLT. As a consequence of the unfavorable rulings rendered by lower courts and appellate courts in the cited proceeding, the Group and TGLT reached a settlement agreement dated December 30 2016, whereby they agreed to provide a deed for the revocation of the barter agreement, after TGLT resolved certain issues. Consequently, the Group has decided to deregister the intangible asset related to this transaction, thus recognizing a loss of Ps. 27.7. Subsequently, on April 26, 2018, the deed for the revocation was signed, which extinguished the obligations arising from the barter agreement dated June 29, 2011, and its amending agreements. Thus, the Group has received the property located in Caballito again.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-26" xml:lang="en-US">Amortization charge was recognized in the amount of Ps. 482 and Ps. 487 under "Costs", in the amount of Ps. 399 and Ps. 333 under "General and administrative expenses" and Ps. 880 and Ps. 1,231 under "Selling expenses" as of June 30, 2018 and 2017, respectively in the Statements of Income (Note 23). In addition, a charge of Ps. 238 and Ps. 31 was recognized under "Discontinued operations" as of June 30, 2018 and 2017, respectively.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-27" xml:lang="en-US">The creation and release of the provision for impaired receivables have been included in Selling expenses in the Statements of Income (Note 23).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-28" xml:lang="en-US">Additions and recoveries are included in "Other operating results, net".</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-29" xml:lang="en-US">Corresponds to the equity interest in New Lipstick with negative equity. Additions and recoveries are included in "Share of profit / (loss) of associates and joint ventures".</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-30" xml:lang="en-US">The Group's companies are required to recognize certain costs related to the dismantling of assets and remediation of sites from the places where such assets are located. The calculation of such expenses is based on the dismantling value for the current year, taking into consideration the best estimate of future changes in prices, inflation, etc. and such costs are capitalized at a risk-free interest rate. Volume projections for retired or built assets are recast based on expected changes from technological rulings and requirements.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-31" xml:lang="en-US">Provisions for other contractual obligations include a series of obligations resulting from a contractual liability or law, regarding which there is a high degree of uncertainty as to the terms and the necessary amounts to discharge such liability.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-32" xml:lang="en-US">In November 2009, PBC's Audit Committee and Board of Directors approved the agreement with Rock Real whereby the latter would look for and propose to PBC the acquisition of commercial properties outside Israel, in addition to assisting in the negotiations and management of such properties. In return, Rock Real would receive 12% of the net income generated by the acquired property. Pursuant to amendment 16 of the Israel Commercial Act 5759-1999, the agreement must be ratified by the Audit Committee before the third year after the effective date; otherwise, it expires. The agreement has not been ratified by the audit committee within such three-year term, so in January 2017 PBC issued a statement that hinted at the expiration of the agreement and informed that it would begin negotiations to reduce the debt that currently amounts to NIS 106 (equivalent to Ps. 836 of these Consolidated Financial Statements). The parties have appointed an arbitrator that should render a decision on the dispute. The remaining corresponds to provisions related to investment properties.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-33" xml:lang="en-US">Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-34" xml:lang="en-US">Includes financial leases for Ps. 16 and Ps. 4 as of June 30, 2018 and 2017.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-35" xml:lang="en-US">IDBD has the right to make an early repayment, totally or partially. As a guarantee for the full compliance of all the commitments IDBD has pledged approximately 60.4 million shares of DIC under a single fixed charge of first line and in guarantee of by means of the lien, in an unlimited amount, in favor of the trustee for the holders of the debentures.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-36" xml:lang="en-US">Corresponds a to an expansion of the series.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-37" xml:lang="en-US">Includes the gain from the sale of the Groups' equity interest in Cloudyn for Ps. 252.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-38" xml:lang="en-US">As of June 30, 2018, includes the favorable ruling of a trial in the Operations Center in Israel for an amount of approximately Ps. 435. Includes legal costs and expenses Includes legal costs and expenses</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-39" xml:lang="en-US">As of June 30, 2017, it pertains to the reversal of the cumulative translation adjustment generated by IMadison, a subsidiary liquidated during that fiscal year. As of June 30, 2016, Ps. 143 correspond to the reversal of cumulative translation adjustment before the business combination with IDBD and Ps. 9 to the reversal of the reserve of the cumulative translation adjustment generated in Rigby following the dissolution of the company.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-40" xml:lang="en-US">Exchange rate as of June 30, of each year according to Banco Nacion Argentina records.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-41" xml:lang="en-US">The Group uses derivative instruments as complement in order to reduce its exposure to exchange rate movements (see Note 13).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-42" xml:lang="en-US">Includes the result of the loss of control of Shufersal (see note 4.G) as of June 30, 2018 and the sale of Adama, which generated a profit of Ps. 4,216 in the year ended June 30, 2017.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-43" xml:lang="en-US">As of June 30, 2018, 2017 and 2016, Ps. 60,470, Ps. 47,168 and Ps 18,607 of the total revenues from discontinued operations and Ps 12,377, Ps. 1,075 and Ps. 373 of the total profit from discontinued operations corresponds to Shufersal.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-44" xml:lang="en-US">Corresponds to a reclassification made at the time of formalizing the loan repayment terms with the associate in the Operations Center in Israel.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-45" xml:lang="en-US">See Note 29.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-46" xml:lang="en-US">Corresponds to the distribution of the income from Baicom's liquidation.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-47" xml:lang="en-US">BHSA is a full-service commercial bank offering a wide variety of banking activities and related financial services to individuals, small- and medium-sized companies and large corporations. The effect of Treasury shares was considered. Share market value is Ps. 6.65 per share</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-48" xml:lang="en-US">Condor is a hotel-focused real estate investment trust (REIT). Share market value as of June 30, 2018 is Ps. 10.70 per share.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-49" xml:lang="en-US">Share market value as of June 30, 2018 is NIS 2.24 per share</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-50" xml:lang="en-US">Quality is engaged in the operation of the San Martin premises (formerly owned by Nobleza Piccardo S.A.I.C. y F.).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-51" xml:lang="en-US">Mehadrin is a company engaged in the production and exports of citrus, fruits and vegetables. The Group has a joint venture agreement in relation to this company. Share market value as of June 30, 2018 is NIS 18.78 per share.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-52" xml:lang="en-US">New Lipstick's equity comprises a rental office building in New York City known as the "Lipstick Building" with related debt. Metropolitan, a subsidiary of New Lipstick, has renegotiated its non-recourse debt with IRSA, which amounted to US$ 113.1, and obtained a debt reduction of US$ 20 by the lending bank, an extension to April 30, 2020 and an interest rate reduction from LIBOR + 4 b.p. to 2 b.p. upon payment of US$ 40 in cash (US$ 20 in September 2017 and US$ 20 in October 2017), of which IRSA has contributed with US$ 20. Following the renegotiation, Metropolitan's debt amounts to US$ 53.1. Additionally, Metropolitan has agreed to exercise on or before February 1, 2019 the purchase option on part of the land where the property is built and, to deposit the sum of money corresponding to 1% of the purchase price. Furthermore, Metropolitan has agreed to cause IRSA and other shareholders to furnish the bank, on or before February 1, 2020, with a payment guarantee with acceptable financial ratios fot the Bank for the outstanding balance of the purchase price, or a letter of credit in relation to the loan balance then outstanding.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-53" xml:lang="en-US">Adama is specialized in the chemical industry, mainly, in the agrochemical industry. See note 4.I.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-54" xml:lang="en-US">The balances as of June 30, 2018 correspond to the Financial Statements of BHSA prepared in accordance with BCRA standards. For the purpose of the valuation of the investment in the company, necessary adjustments to adequate the Financial Statements to IFRS have been considered.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-55" xml:lang="en-US">Amounts in millions of NIS.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-56" xml:lang="en-US">Amounts in millions of US Dollars under USGAAP. Condor's year-end falls on December 31, so the Group estimates their interest with a three-month lag, including material adjustments, if any.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-57" xml:lang="en-US">In March 2011, Quality acquired an industrial plant located in San Martin, Province of Buenos Aires. The facilities are suitable for multiple uses. On January 20, 2015, Quality agreed with the Municipality of San Martin on certain re zoning and other urban planning matters ("the Agreement") to surrender a non-significant portion of the land and a monetary consideration of Ps. 40 million, payable in two installments of Ps. 20 each, the first of which was actually paid on June 30, 2015. In July 2017, the Agreement was amended as follows: 1) a revised zoning plan must be submitted within 120 days as from the amendment date, and 2) the second installment of the monetary considerations was increased to Ps. 71 million payables in 18 equal monthly installments. On March 8, 2018, it was agreed with the well-known Gehl Study (Denmark) - Urban Quality Consultant - the elaboration of a Master Plan, generating a modern concept of New Urban District of Mixed Uses.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-58" xml:lang="en-US">Net of non-controlling interest.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-59" xml:lang="en-US">Information under GAAP applicable in the associate and joint ventures' jurisdiction.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-60" xml:lang="en-US">Corresponds mainly to holding companies in the Operations Center in Israel</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-61" xml:lang="en-US">As of June 30, 2018 corresponds to the effect of applying the changes in the tax rates applicable in accordance with the tax reform explained above, being Ps. 405 the effect of the rate change in US and Ps. 5,271 the effect of the rate change in Argentina. As of June 30, 2017 and 2016 the rate change was in Israel.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-62" xml:lang="en-US">Includes Ps. 6 for business combination (Note 4) and Ps. 12 for reclassification to assets held for sale (Note 31).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-63" xml:lang="en-US">The fair value of financial assets and liabilities at their amortized cost does not differ significantly from their book value, except for borrowings (Note 19).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-64" xml:lang="en-US">Corresponds to deposits in guarantee and escrows.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-65" xml:lang="en-US">Included in "Share of profit / (loss) of associates and joint ventures" in the Statement of Income.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-66" xml:lang="en-US">Included within "Financial results, net" in the Statements of Income.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-67" xml:lang="en-US">An increase in the discount rate would decrease the value of investments in private companies, while an increase in projected revenues would increase their value.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-68" xml:lang="en-US">The Group transferred a financial asset measured at fair value from level 3 to level 1, because it began trading in the stock exchange.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-69" xml:lang="en-US">Included within "Financial results, net" in the Statements of income.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-70" xml:lang="en-US">Includes CAMSA. Avenida compras and Avenida Inc., Estudio Zang, Bergel &amp; Vines, Austral Gold, Fundacion IRSA, Hamonet S.A., Museo de los Ninos.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-71" xml:lang="en-US">It includes Isaac Elsztain e Hijos, CAMSA. Hamonet S.A., Ramat Hanassi, Estudio Zang, Bergel &amp; Vines, and Fundacion IRSA.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-72" xml:lang="en-US">Includes the investments in Condor for Ps. 697 and New Lipstick for Ps. (2,437). See Note 18.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-73" xml:lang="en-US">Includes the results of New Lipstick for Ps. (2,380). See Note 18</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-74" xml:lang="en-US">Corresponds to the direct interest from the Group.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-75" xml:lang="en-US">DIC considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-a-vis other shareholders, being 46.16%, also taking into account the historic voting performance in the Shareholders' Meetings.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-76" xml:lang="en-US">Includes Ps. (2,452) and Ps. (72) reflecting interests in companies with negative equity as of June 30, 2018 and 2017, respectively, which are disclosed in "Provisions" (see Note 18).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-77" xml:lang="en-US">Inventories includes trading properties and inventories.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-78" xml:lang="en-US">Stated in millions of units in foreign currency. Considering foreign currencies those that differ from each Group's functional currency at each year-end.</link:footnote>
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	<link:roleType roleURI="http://irsa.com.ar/role/ResultsFromDiscontinuedOperations" id="ResultsFromDiscontinuedOperations">
	  <link:definition>00000037 - Disclosure - Results from discontinued operations</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://irsa.com.ar/role/SubsequentEvents" id="SubsequentEvents">
	  <link:definition>00000038 - Disclosure - Subsequent events</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://irsa.com.ar/role/SummaryOfSignificantAccountingPoliciesPolicies" id="SummaryOfSignificantAccountingPoliciesPolicies">
	  <link:definition>00000039 - Disclosure - Summary of significant accounting policies (Policies)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/SummaryOfSignificantAccountingPoliciesTables" id="SummaryOfSignificantAccountingPoliciesTables">
	  <link:definition>00000040 - Disclosure - Summary of significant accounting policies (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://irsa.com.ar/role/SignificantJudgmentsKeyAssumptionsAndEstimatesTables" id="SignificantJudgmentsKeyAssumptionsAndEstimatesTables">
	  <link:definition>00000041 - Disclosure - Significant judgments, key assumptions and estimates (Tables)</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://irsa.com.ar/role/AcquisitionsAndDisposalsTables" id="AcquisitionsAndDisposalsTables">
	  <link:definition>00000042 - Disclosure - Acquisitions and disposals (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialRiskManagementAndFairValueEstimatesTables" id="FinancialRiskManagementAndFairValueEstimatesTables">
	  <link:definition>00000043 - Disclosure - Financial risk management and fair value estimates (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/SegmentInformationTables" id="SegmentInformationTables">
	  <link:definition>00000044 - Disclosure - Segment information (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InformationAboutMainSubsidiariesTables" id="InformationAboutMainSubsidiariesTables">
	  <link:definition>00000045 - Disclosure - Information about the main subsidiaries (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://irsa.com.ar/role/InvestmentsInAssociatesAndJointVenturesTables" id="InvestmentsInAssociatesAndJointVenturesTables">
	  <link:definition>00000046 - Disclosure - Investments in associates and joint ventures (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InvestmentPropertiesTables" id="InvestmentPropertiesTables">
	  <link:definition>00000047 - Disclosure - Investment properties (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/PropertyPlantAndEquipmentTables" id="PropertyPlantAndEquipmentTables">
	  <link:definition>00000048 - Disclosure - Property, plant and equipment (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/TradingPropertiesTables" id="TradingPropertiesTables">
	  <link:definition>00000049 - Disclosure - Trading properties (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IntangibleAssetsTables" id="IntangibleAssetsTables">
	  <link:definition>00000050 - Disclosure - Intangible assets (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialInstrumentsByCategoryTables" id="FinancialInstrumentsByCategoryTables">
	  <link:definition>00000051 - Disclosure - Financial instruments by category (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/TradeAndOtherReceivablesTables" id="TradeAndOtherReceivablesTables">
	  <link:definition>00000052 - Disclosure - Trade and other receivables (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/CashFlowInformationTables" id="CashFlowInformationTables">
	  <link:definition>00000053 - Disclosure - Cash flow information (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/TradeAndOtherPayablesTables" id="TradeAndOtherPayablesTables">
	  <link:definition>00000054 - Disclosure - Trade and other payables (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/ProvisionsTables" id="ProvisionsTables">
	  <link:definition>00000055 - Disclosure - Provisions (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/BorrowingsTables" id="BorrowingsTables">
	  <link:definition>00000056 - Disclosure - Borrowings (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IncomeTaxTables" id="IncomeTaxTables">
	  <link:definition>00000057 - Disclosure - Income tax (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/LeasesTables" id="LeasesTables">
	  <link:definition>00000058 - Disclosure - Leases (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/RevenuesTables" id="RevenuesTables">
	  <link:definition>00000059 - Disclosure - Revenues (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/ExpensesByNatureTables" id="ExpensesByNatureTables">
	  <link:definition>00000060 - Disclosure - Expenses by nature (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/CostOfGoodsSoldAndServicesProvidedTables" id="CostOfGoodsSoldAndServicesProvidedTables">
	  <link:definition>00000061 - Disclosure - Cost of goods sold and services provided (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/OtherOperatingResultsNetTables" id="OtherOperatingResultsNetTables">
	  <link:definition>00000062 - Disclosure - Other operating results, net (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialResultsNetTables" id="FinancialResultsNetTables">
	  <link:definition>00000063 - Disclosure - Financial results, net (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/EarningsPerShareTables" id="EarningsPerShareTables">
	  <link:definition>00000064 - Disclosure - Earnings per share (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/EmployeeBenefitsTables" id="EmployeeBenefitsTables">
	  <link:definition>00000065 - Disclosure - Employee benefits (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/RelatedPartyTransactionsTables" id="RelatedPartyTransactionsTables">
	  <link:definition>00000066 - Disclosure - Related party transactions (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/ForeignCurrencyAssetsAndLiabilitiesTables" id="ForeignCurrencyAssetsAndLiabilitiesTables">
	  <link:definition>00000067 - Disclosure - Foreign currency assets and liabilities (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/GroupsOfAssetsAndLiabilitiesHeldForSaleTables" id="GroupsOfAssetsAndLiabilitiesHeldForSaleTables">
	  <link:definition>00000068 - Disclosure - Groups of assets and liabilities held for sale (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/ResultsFromDiscontinuedOperationsTables" id="ResultsFromDiscontinuedOperationsTables">
	  <link:definition>00000069 - Disclosure - Results from discontinued operations (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/SummaryOfSignificantAccountingPoliciesDetails" id="SummaryOfSignificantAccountingPoliciesDetails">
	  <link:definition>00000070 - Disclosure - Summary of significant accounting policies (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/SummaryOfSignificantAccountingPoliciesDetails1" id="SummaryOfSignificantAccountingPoliciesDetails1">
	  <link:definition>00000071 - Disclosure - Summary of significant accounting policies (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/SummaryOfSignificantAccountingPoliciesDetails2" id="SummaryOfSignificantAccountingPoliciesDetails2">
	  <link:definition>00000072 - Disclosure - Summary of significant accounting policies (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/AcquisitionsAndDisposalsDetails" id="AcquisitionsAndDisposalsDetails">
	  <link:definition>00000073 - Disclosure - Acquisitions and disposals (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/AcquisitionsAndDisposalsDetails1" id="AcquisitionsAndDisposalsDetails1">
	  <link:definition>00000074 - Disclosure - Acquisitions and disposals (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/AcquisitionsAndDisposalsDetails2" id="AcquisitionsAndDisposalsDetails2">
	  <link:definition>00000075 - Disclosure - Acquisitions and disposals (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialRiskManagementAndFairValueEstimatesDetails" id="FinancialRiskManagementAndFairValueEstimatesDetails">
	  <link:definition>00000076 - Disclosure - Financial risk management and fair value estimates (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialRiskManagementAndFairValueEstimatesDetails1" id="FinancialRiskManagementAndFairValueEstimatesDetails1">
	  <link:definition>00000077 - Disclosure - Financial risk management and fair value estimates (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialRiskManagementAndFairValueEstimatesDetails2" id="FinancialRiskManagementAndFairValueEstimatesDetails2">
	  <link:definition>00000078 - Disclosure - Financial risk management and fair value estimates (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialRiskManagementAndFairValueEstimatesDetailsNarrative" id="FinancialRiskManagementAndFairValueEstimatesDetailsNarrative">
	  <link:definition>00000079 - Disclosure - Financial risk management and fair value estimates (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/SegmentInformationDetails" id="SegmentInformationDetails">
	  <link:definition>00000080 - Disclosure - Segment information (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/SegmentInformationDetails1" id="SegmentInformationDetails1">
	  <link:definition>00000081 - Disclosure - Segment information (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/SegmentInformationDetails2" id="SegmentInformationDetails2">
	  <link:definition>00000082 - Disclosure - Segment information (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InformationAboutMainSubsidiariesDetails" id="InformationAboutMainSubsidiariesDetails">
	  <link:definition>00000083 - Disclosure - Information about the main subsidiaries (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InvestmentsInAssociatesAndJointVenturesDetails" id="InvestmentsInAssociatesAndJointVenturesDetails">
	  <link:definition>00000084 - Disclosure - Investments in associates and joint ventures (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InvestmentsInAssociatesAndJointVenturesDetails1" id="InvestmentsInAssociatesAndJointVenturesDetails1">
	  <link:definition>00000085 - Disclosure - Investments in associates and joint ventures (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InvestmentsInAssociatesAndJointVenturesDetails2" id="InvestmentsInAssociatesAndJointVenturesDetails2">
	  <link:definition>00000086 - Disclosure - Investments in associates and joint ventures (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InvestmentsInAssociatesAndJointVenturesDetailsNarrative" id="InvestmentsInAssociatesAndJointVenturesDetailsNarrative">
	  <link:definition>00000087 - Disclosure - Investments in associates and joint ventures (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InvestmentPropertiesDetails" id="InvestmentPropertiesDetails">
	  <link:definition>00000088 - Disclosure - Investment properties (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InvestmentPropertiesDetails1" id="InvestmentPropertiesDetails1">
	  <link:definition>00000089 - Disclosure - Investment properties (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InvestmentPropertiesDetails2" id="InvestmentPropertiesDetails2">
	  <link:definition>00000090 - Disclosure - Investment properties (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/InvestmentPropertiesDetails3" id="InvestmentPropertiesDetails3">
	  <link:definition>00000091 - Disclosure - Investment properties (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/PropertyPlantAndEquipmentDetails" id="PropertyPlantAndEquipmentDetails">
	  <link:definition>00000092 - Disclosure - Property, plant and equipment (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/PropertyPlantAndEquipmentDetailsNarrative" id="PropertyPlantAndEquipmentDetailsNarrative">
	  <link:definition>00000093 - Disclosure - Property, plant and equipment (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/TradingPropertiesDetails" id="TradingPropertiesDetails">
	  <link:definition>00000094 - Disclosure - Trading properties (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/TradingPropertiesDetails1" id="TradingPropertiesDetails1">
	  <link:definition>00000095 - Disclosure - Trading properties (Details1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/TradingPropertiesDetailsNarrative" id="TradingPropertiesDetailsNarrative">
	  <link:definition>00000096 - Disclosure - Trading properties (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IntangibleAssetsDetails" id="IntangibleAssetsDetails">
	  <link:definition>00000097 - Disclosure - Intangible assets (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IntangibleAssetsDetailsNarrative" id="IntangibleAssetsDetailsNarrative">
	  <link:definition>00000098 - Disclosure - Intangible assets (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialInstrumentsByCategoryDetails" id="FinancialInstrumentsByCategoryDetails">
	  <link:definition>00000099 - Disclosure - Financial instruments by category (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialInstrumentsByCategoryDetails1" id="FinancialInstrumentsByCategoryDetails1">
	  <link:definition>00000100 - Disclosure - Financial instruments by category (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialInstrumentsByCategoryDetails2" id="FinancialInstrumentsByCategoryDetails2">
	  <link:definition>00000101 - Disclosure - Financial instruments by category (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialInstrumentsByCategoryDetails7" id="FinancialInstrumentsByCategoryDetails7">
	  <link:definition>00000102 - Disclosure - Financial instruments by category (Details 7)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialInstrumentsByCategoryDetails4" id="FinancialInstrumentsByCategoryDetails4">
	  <link:definition>00000103 - Disclosure - Financial instruments by category (Details 4)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/TradeAndOtherReceivablesDetails" id="TradeAndOtherReceivablesDetails">
	  <link:definition>00000104 - Disclosure - Trade and other receivables (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/TradeAndOtherReceivablesDetails1" id="TradeAndOtherReceivablesDetails1">
	  <link:definition>00000105 - Disclosure - Trade and other receivables (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/TradeAndOtherReceivablesDetails2" id="TradeAndOtherReceivablesDetails2">
	  <link:definition>00000106 - Disclosure - Trade and other receivables (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/CashFlowInformationDetails" id="CashFlowInformationDetails">
	  <link:definition>00000107 - Disclosure - Cash flow information (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/CashFlowInformationDetails1" id="CashFlowInformationDetails1">
	  <link:definition>00000108 - Disclosure - Cash flow information (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/CashFlowInformationDetails2" id="CashFlowInformationDetails2">
	  <link:definition>00000109 - Disclosure - Cash flow information (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/ShareholdersEquityDetailsNarrative" id="ShareholdersEquityDetailsNarrative">
	  <link:definition>00000110 - Disclosure - Shareholders' Equity (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/TradeAndOtherPayablesDetails" id="TradeAndOtherPayablesDetails">
	  <link:definition>00000111 - Disclosure - Trade and other payables (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/ProvisionsDetails" id="ProvisionsDetails">
	  <link:definition>00000112 - Disclosure - Provisions (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/ProvisionsDetails1" id="ProvisionsDetails1">
	  <link:definition>00000113 - Disclosure - Provisions (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/BorrowingsDetails" id="BorrowingsDetails">
	  <link:definition>00000114 - Disclosure - Borrowings (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/BorrowingsDetails1" id="BorrowingsDetails1">
	  <link:definition>00000115 - Disclosure - Borrowings (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/BorrowingsDetails2" id="BorrowingsDetails2">
	  <link:definition>00000116 - Disclosure - Borrowings (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/BorrowingsDetails3" id="BorrowingsDetails3">
	  <link:definition>00000117 - Disclosure - Borrowings (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/BorrowingsDetails4" id="BorrowingsDetails4">
	  <link:definition>00000118 - Disclosure - Borrowings (Details 4)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/BorrowingsDetailsNarrative" id="BorrowingsDetailsNarrative">
	  <link:definition>00000119 - Disclosure - Borrowings (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IncomeTaxDetails" id="IncomeTaxDetails">
	  <link:definition>00000120 - Disclosure - Income tax (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IncomeTaxDetails1" id="IncomeTaxDetails1">
	  <link:definition>00000121 - Disclosure - Income tax (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IncomeTaxDetails2" id="IncomeTaxDetails2">
	  <link:definition>00000122 - Disclosure - Income tax (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IncomeTaxDetails3" id="IncomeTaxDetails3">
	  <link:definition>00000123 - Disclosure - Income tax (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IncomeTaxDetails4" id="IncomeTaxDetails4">
	  <link:definition>00000124 - Disclosure - Income tax (Details 4)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IncomeTaxDetails5" id="IncomeTaxDetails5">
	  <link:definition>00000125 - Disclosure - Income tax (Details 5)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/IncomeTaxDetailsNarrative" id="IncomeTaxDetailsNarrative">
	  <link:definition>00000126 - Disclosure - Income tax (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/LeasesDetails" id="LeasesDetails">
	  <link:definition>00000127 - Disclosure - Leases (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/LeasesDetails1" id="LeasesDetails1">
	  <link:definition>00000128 - Disclosure - Leases (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/RevenuesDetails" id="RevenuesDetails">
	  <link:definition>00000129 - Disclosure - Revenues (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/ExpensesByNatureDetails" id="ExpensesByNatureDetails">
	  <link:definition>00000130 - Disclosure - Expenses by nature (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/CostOfGoodsSoldAndServicesProvidedDetails" id="CostOfGoodsSoldAndServicesProvidedDetails">
	  <link:definition>00000131 - Disclosure - Cost of goods sold and services provided (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/CostOfGoodsSoldAndServicesProvidedDetails1" id="CostOfGoodsSoldAndServicesProvidedDetails1">
	  <link:definition>00000132 - Disclosure - Cost of goods sold and services provided (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/OtherOperatingResultsNetDetails" id="OtherOperatingResultsNetDetails">
	  <link:definition>00000133 - Disclosure - Other operating results, net (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/FinancialResultsNetDetails" id="FinancialResultsNetDetails">
	  <link:definition>00000134 - Disclosure - Financial results, net (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/EarningsPerShareDetails" id="EarningsPerShareDetails">
	  <link:definition>00000135 - Disclosure - Earnings per share (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/EarningsPerShareDetails1" id="EarningsPerShareDetails1">
	  <link:definition>00000136 - Disclosure - Earnings per share (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/EmployeeBenefitsDetails" id="EmployeeBenefitsDetails">
	  <link:definition>00000137 - Disclosure - Employee benefits (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/EmployeeBenefitsDetails1" id="EmployeeBenefitsDetails1">
	  <link:definition>00000138 - Disclosure - Employee benefits (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/EmployeeBenefitsDetails2" id="EmployeeBenefitsDetails2">
	  <link:definition>00000139 - Disclosure - Employee benefits (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/RelatedPartyTransactionsDetails" id="RelatedPartyTransactionsDetails">
	  <link:definition>00000140 - Disclosure - Related party transactions (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/RelatedPartyTransactionsDetails1" id="RelatedPartyTransactionsDetails1">
	  <link:definition>00000141 - Disclosure - Related party transactions (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/RelatedPartyTransactionsDetails2" id="RelatedPartyTransactionsDetails2">
	  <link:definition>00000142 - Disclosure - Related party transactions (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/RelatedPartyTransactionsDetails3" id="RelatedPartyTransactionsDetails3">
	  <link:definition>00000143 - Disclosure - Related party transactions (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/ForeignCurrencyAssetsAndLiabilitiesDetails" id="ForeignCurrencyAssetsAndLiabilitiesDetails">
	  <link:definition>00000144 - Disclosure - Foreign currency assets and liabilities (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/GroupsOfAssetsAndLiabilitiesHeldForSaleDetails" id="GroupsOfAssetsAndLiabilitiesHeldForSaleDetails">
	  <link:definition>00000145 - Disclosure - Groups of assets and liabilities held for sale (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/ResultsFromDiscontinuedOperationsDetails" id="ResultsFromDiscontinuedOperationsDetails">
	  <link:definition>00000146 - Disclosure - Results from discontinued operations (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://irsa.com.ar/role/SubsequentEventsDetailsNarrative" id="SubsequentEventsDetailsNarrative">
	  <link:definition>00000147 - Disclosure - Subsequent events (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:linkbaseRef xlink:type="simple" xlink:href="irsa-20180630_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="irsa-20180630_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="irsa-20180630_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Calculation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="irsa-20180630_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Definition Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
    <import namespace="http://xbrl.ifrs.org/taxonomy/2018-03-16/ifrs-full" schemaLocation="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd" />
    <import namespace="http://fasb.org/us-gaap/2018-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd" />
    <import namespace="http://fasb.org/us-types/2018-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2018/elts/us-types-2018-01-31.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2017-01-31" schemaLocation="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd" />
    <import namespace="http://xbrl.sec.gov/currency/2017-01-31" schemaLocation="http://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd" />
    <import namespace="http://fasb.org/srt/2018-01-31" schemaLocation="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd" />
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</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>4
<FILENAME>irsa-20180630_cal.xml
<DESCRIPTION>XBRL CALCULATION FILE
<TEXT>
<XBRL>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl" xml:lang="en-US">Components of Equity [Axis]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShareCapitalMember_lbl" xml:lang="en-US">Share Capital [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TreasurySharesMember_lbl" xml:lang="en-US">Treasury Shares [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InflationAdjustmentOfShareCapitalAndTreasurySharesMember" xlink:label="irsa_InflationAdjustmentOfShareCapitalAndTreasurySharesMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InflationAdjustmentOfShareCapitalAndTreasurySharesMember_lbl" xml:lang="en-US">Inflation Adjustment of Share Capital and Treasury Shares [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SharePremiumMember" xlink:label="ifrs-full_SharePremiumMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SharePremiumMember_lbl" xml:lang="en-US">Share Premium [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AdditionalPaidInCapitalFromTreasurySharesMember" xlink:label="irsa_AdditionalPaidInCapitalFromTreasurySharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdditionalPaidInCapitalFromTreasurySharesMember" xlink:to="irsa_AdditionalPaidInCapitalFromTreasurySharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AdditionalPaidInCapitalFromTreasurySharesMember_lbl" xml:lang="en-US">Additional Paid-in Capital from Treasury Shares [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LegalReservesMember" xlink:label="irsa_LegalReservesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LegalReservesMember" xlink:to="irsa_LegalReservesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LegalReservesMember_lbl" xml:lang="en-US">Legal Reserves [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CNV60912ResolutionSpecialReserveMember" xlink:label="irsa_CNV60912ResolutionSpecialReserveMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CNV60912ResolutionSpecialReserveMember_lbl" xml:lang="en-US">CNV 609/12 Resolution Special Reserve [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherReservesMember_lbl" xml:lang="en-US">Other Reserves [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetainedEarningsMember_lbl" xml:lang="en-US">(Accumulated deficit)/Retained Earnings [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SubtotalMember" xlink:label="irsa_SubtotalMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncontrollingInterestsMember_lbl" xml:lang="en-US">Non-controlling Interests [Member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CostOfTreasurySharesMember" xlink:to="irsa_CostOfTreasurySharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CostOfTreasurySharesMember_lbl" xml:lang="en-US">Cost of Treasury Shares [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ChangesInNonControllingInterestMember" xlink:label="irsa_ChangesInNonControllingInterestMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ChangesInNonControllingInterestMember" xlink:to="irsa_ChangesInNonControllingInterestMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ChangesInNonControllingInterestMember_lbl" xml:lang="en-US">Changes in Non-Controlling Interest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReserveForShareBasedPaymentsMember" xlink:label="irsa_ReserveForShareBasedPaymentsMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReserveForShareBasedPaymentsMember_lbl" xml:lang="en-US">Reserve for Share-Based Payments [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReserveForFutureDividendsMember" xlink:label="irsa_ReserveForFutureDividendsMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReserveForFutureDividendsMember_lbl" xml:lang="en-US">Reserve for Future Dividends [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CumulativeTranslationAdjustmentReserveMember" xlink:label="irsa_CumulativeTranslationAdjustmentReserveMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevaluationSurplusMember_lbl" xml:lang="en-US">Revaluation Surplus [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SpecialReserveMember" xlink:label="irsa_SpecialReserveMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SpecialReserveMember" xlink:to="irsa_SpecialReserveMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SpecialReserveMember_lbl" xml:lang="en-US">Special Reserve [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReserveForDefinedContributionPlansMember" xlink:label="irsa_ReserveForDefinedContributionPlansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReserveForDefinedContributionPlansMember" xlink:to="irsa_ReserveForDefinedContributionPlansMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReserveForDefinedContributionPlansMember_lbl" xml:lang="en-US">Reserve for Defined Contribution Plans [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherReservesFromSubsidiariesMember" xlink:label="irsa_OtherReservesFromSubsidiariesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherReservesFromSubsidiariesMember" xlink:to="irsa_OtherReservesFromSubsidiariesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherReservesFromSubsidiariesMember_lbl" xml:lang="en-US">Other Reserves from Subsidiaries [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BusinessCombinationsAxis" xlink:label="ifrs-full_BusinessCombinationsAxis" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BusinessCombinationsAxis_lbl" xml:lang="en-US">Business Combinations [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NewPharmDrugstoresLtdMember" xlink:label="irsa_NewPharmDrugstoresLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NewPharmDrugstoresLtdMember" xlink:to="irsa_NewPharmDrugstoresLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NewPharmDrugstoresLtdMember_lbl" xml:lang="en-US">New Pharm Drugstores Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShufersalLtdMember" xlink:label="irsa_ShufersalLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShufersalLtdMember" xlink:to="irsa_ShufersalLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShufersalLtdMember_lbl" xml:lang="en-US">Shufersal Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:to="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl" xml:lang="en-US">Retrospective application and retrospective restatement [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseDueToApplicationOfIFRS15Member" xlink:label="ifrs-full_IncreaseDecreaseDueToApplicationOfIFRS15Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseDueToApplicationOfIFRS15Member" xlink:to="ifrs-full_IncreaseDecreaseDueToApplicationOfIFRS15Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseDueToApplicationOfIFRS15Member_lbl" xml:lang="en-US">IFRS 15 Impact [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncreaseDecreaseDueToApplicationOfIFRS9Member" xlink:label="irsa_IncreaseDecreaseDueToApplicationOfIFRS9Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseDecreaseDueToApplicationOfIFRS9Member" xlink:to="irsa_IncreaseDecreaseDueToApplicationOfIFRS9Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncreaseDecreaseDueToApplicationOfIFRS9Member_lbl" xml:lang="en-US">IFRS 9 Impact [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember" xlink:label="ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis_lbl" xml:lang="en-US">Associates [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DiscountInvestmentCorporationLtdMember" xlink:label="irsa_DiscountInvestmentCorporationLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountInvestmentCorporationLtdMember" xlink:to="irsa_DiscountInvestmentCorporationLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DiscountInvestmentCorporationLtdMember_lbl" xml:lang="en-US">Discount Investment Corporation Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="ifrs-full_BuildingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BuildingsMember" xlink:to="ifrs-full_BuildingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BuildingsMember_lbl" xml:lang="en-US">Buildings And Facilities [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MachineryMember" xlink:label="ifrs-full_MachineryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MachineryMember" xlink:to="ifrs-full_MachineryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MachineryMember_lbl" xml:lang="en-US">Machinery And Equipment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CommunicationAndNetworkEquipmentMember" xlink:label="ifrs-full_CommunicationAndNetworkEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CommunicationAndNetworkEquipmentMember" xlink:to="ifrs-full_CommunicationAndNetworkEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CommunicationAndNetworkEquipmentMember_lbl" xml:lang="en-US">Communication Networks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:to="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl" xml:lang="en-US">Others [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="ifrs-full_TypesOfRisksAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfRisksAxis_lbl" xml:lang="en-US">Types of Risks [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MarketRiskMember" xlink:label="ifrs-full_MarketRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MarketRiskMember" xlink:to="ifrs-full_MarketRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MarketRiskMember_lbl" xml:lang="en-US">Market Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_CurrencyAxis" xlink:label="srt_CurrencyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_CurrencyAxis" xlink:to="srt_CurrencyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_CurrencyAxis_lbl" xml:lang="en-US">Currency [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd#currency_USD" xlink:label="currency_USD" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_USD" xlink:to="currency_USD_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_USD_lbl" xml:lang="en-US">USD</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LiquidityRiskMember" xlink:label="ifrs-full_LiquidityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiquidityRiskMember" xlink:to="ifrs-full_LiquidityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiquidityRiskMember_lbl" xml:lang="en-US">Liquidity Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SegmentConsolidationItemsAxis" xlink:label="ifrs-full_SegmentConsolidationItemsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentConsolidationItemsAxis" xlink:to="ifrs-full_SegmentConsolidationItemsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SegmentConsolidationItemsAxis_lbl" xml:lang="en-US">Segment Consolidation Items [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OperatingSegmentsMember" xlink:label="ifrs-full_OperatingSegmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingSegmentsMember" xlink:to="ifrs-full_OperatingSegmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OperatingSegmentsMember_lbl" xml:lang="en-US">Operations Center in Argentina [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="ifrs-full_MaturityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaturityAxis" xlink:to="ifrs-full_MaturityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MaturityAxis_lbl" xml:lang="en-US">Maturity [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="ifrs-full_NotLaterThanOneYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotLaterThanOneYearMember_lbl" xml:lang="en-US">Less Than 1 year [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US">Classes of Financial Liabilities [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradeAndOtherPayablesMember" xlink:label="irsa_TradeAndOtherPayablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherPayablesMember" xlink:to="irsa_TradeAndOtherPayablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradeAndOtherPayablesMember_lbl" xml:lang="en-US">Trade And Other Payables [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsExcludingFinanceLeasesMember" xlink:label="irsa_BorrowingsExcludingFinanceLeasesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsExcludingFinanceLeasesMember" xlink:to="irsa_BorrowingsExcludingFinanceLeasesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsExcludingFinanceLeasesMember_lbl" xml:lang="en-US">Borrowings Excluding Finance Leases [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinanceLeasesObligationsMember" xlink:label="irsa_FinanceLeasesObligationsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceLeasesObligationsMember" xlink:to="irsa_FinanceLeasesObligationsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinanceLeasesObligationsMember_lbl" xml:lang="en-US">Finance Leases Obligations [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DerivativeFinancialInstrumentsMember" xlink:label="irsa_DerivativeFinancialInstrumentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativeFinancialInstrumentsMember" xlink:to="irsa_DerivativeFinancialInstrumentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DerivativeFinancialInstrumentsMember_lbl" xml:lang="en-US">Derivative Financial Instruments [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LaterThanOneYearAndNotLaterThanTwoYearMember" xlink:label="irsa_LaterThanOneYearAndNotLaterThanTwoYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaterThanOneYearAndNotLaterThanTwoYearMember" xlink:to="irsa_LaterThanOneYearAndNotLaterThanTwoYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LaterThanOneYearAndNotLaterThanTwoYearMember_lbl" xml:lang="en-US">Between 1 and 2 years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LaterThanTwoYearAndNotLaterThanThreeYearMember" xlink:label="irsa_LaterThanTwoYearAndNotLaterThanThreeYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaterThanTwoYearAndNotLaterThanThreeYearMember" xlink:to="irsa_LaterThanTwoYearAndNotLaterThanThreeYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LaterThanTwoYearAndNotLaterThanThreeYearMember_lbl" xml:lang="en-US">Between 2 and 3 years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LaterThanThreeYearAndNotLaterThanFourYearMember" xlink:label="irsa_LaterThanThreeYearAndNotLaterThanFourYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaterThanThreeYearAndNotLaterThanFourYearMember" xlink:to="irsa_LaterThanThreeYearAndNotLaterThanFourYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LaterThanThreeYearAndNotLaterThanFourYearMember_lbl" xml:lang="en-US">Between 3 and 4 years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LaterThanFourYearsMember" xlink:label="irsa_LaterThanFourYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaterThanFourYearsMember" xlink:to="irsa_LaterThanFourYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LaterThanFourYearsMember_lbl" xml:lang="en-US">More Than 4 Years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingSegments1Member" xlink:label="irsa_OperatingSegments1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingSegments1Member" xlink:to="irsa_OperatingSegments1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OperatingSegments1Member_lbl" xml:lang="en-US">Operations Center in Israel [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PurchaseObligationsMember" xlink:label="irsa_PurchaseObligationsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PurchaseObligationsMember" xlink:to="irsa_PurchaseObligationsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PurchaseObligationsMember_lbl" xml:lang="en-US">Purchase Obligations [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="ifrs-full_CurrencyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrencyRiskMember" xlink:to="ifrs-full_CurrencyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrencyRiskMember_lbl" xml:lang="en-US">Currency Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" xml:lang="en-US">Classes of Financial Instruments [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DerivativesFinancialInstrumentsMember" xlink:label="irsa_DerivativesFinancialInstrumentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativesFinancialInstrumentsMember" xlink:to="irsa_DerivativesFinancialInstrumentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DerivativesFinancialInstrumentsMember_lbl" xml:lang="en-US">Derivatives [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xml:lang="en-US">Classes of Financial Assets [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ForwardContractMember" xlink:label="ifrs-full_ForwardContractMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ForwardContractMember" xlink:to="ifrs-full_ForwardContractMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ForwardContractMember_lbl" xml:lang="en-US">Forward Contract [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InterestsRateRiskMember" xlink:label="irsa_InterestsRateRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InterestsRateRiskMember" xlink:to="irsa_InterestsRateRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InterestsRateRiskMember_lbl" xml:lang="en-US">Interest Rate Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="ifrs-full_GeographicalAreasAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeographicalAreasAxis" xlink:to="ifrs-full_GeographicalAreasAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GeographicalAreasAxis_lbl" xml:lang="en-US">Geographical areas [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_AR" xlink:label="country_AR" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_AR" xlink:to="country_AR_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_AR_lbl" xml:lang="en-US">ARGENTINA</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TypesOfInterestRatesAxis" xlink:label="ifrs-full_TypesOfInterestRatesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfInterestRatesAxis" xlink:to="ifrs-full_TypesOfInterestRatesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfInterestRatesAxis_lbl" xml:lang="en-US">Types of Interest Rates [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FloatingInterestRateMember" xlink:label="ifrs-full_FloatingInterestRateMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FloatingInterestRateMember" xlink:to="ifrs-full_FloatingInterestRateMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FloatingInterestRateMember_lbl" xml:lang="en-US">Floating Interest Rate [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CreditRiskMember" xlink:label="ifrs-full_CreditRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CreditRiskMember" xlink:to="ifrs-full_CreditRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CreditRiskMember_lbl" xml:lang="en-US">Credit Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestRateRiskMember" xlink:label="ifrs-full_InterestRateRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestRateRiskMember" xlink:to="ifrs-full_InterestRateRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InterestRateRiskMember_lbl" xml:lang="en-US">Currency Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xml:lang="en-US">Categories of related parties [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IDBDevelopmentCorporationLtdMember" xlink:label="irsa_IDBDevelopmentCorporationLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IDBDevelopmentCorporationLtdMember" xlink:to="irsa_IDBDevelopmentCorporationLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IDBDevelopmentCorporationLtdMember_lbl" xml:lang="en-US">IDB Development Corporation Ltd [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FixedInterestRateMember" xlink:label="ifrs-full_FixedInterestRateMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FixedInterestRateMember" xlink:to="ifrs-full_FixedInterestRateMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FixedInterestRateMember_lbl" xml:lang="en-US">Fixed Interest Rate [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ConsumerPriceIndexRiskMember" xlink:label="irsa_ConsumerPriceIndexRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ConsumerPriceIndexRiskMember" xlink:to="irsa_ConsumerPriceIndexRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ConsumerPriceIndexRiskMember_lbl" xml:lang="en-US">1% Increase Consumer Price Index [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ConsumerPriceIndexRisk1Member" xlink:label="irsa_ConsumerPriceIndexRisk1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ConsumerPriceIndexRisk1Member" xlink:to="irsa_ConsumerPriceIndexRisk1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ConsumerPriceIndexRisk1Member_lbl" xml:lang="en-US">1% Decrease Consumer Price Index [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherPriceRiskMember" xlink:label="ifrs-full_OtherPriceRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPriceRiskMember" xlink:to="ifrs-full_OtherPriceRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherPriceRiskMember_lbl" xml:lang="en-US">Other Price Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalOperatingSegmentMember" xlink:label="irsa_TotalOperatingSegmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOperatingSegmentMember" xlink:to="irsa_TotalOperatingSegmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalOperatingSegmentMember_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_JointVenturesAxis" xlink:label="ifrs-full_JointVenturesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_JointVenturesAxis" xlink:to="ifrs-full_JointVenturesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_JointVenturesAxis_lbl" xml:lang="en-US">Joint Ventures [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_JointVenturesMember" xlink:label="ifrs-full_JointVenturesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_JointVenturesMember" xlink:to="ifrs-full_JointVenturesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_JointVenturesMember_lbl" xml:lang="en-US">Joint Ventures [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ContinuingAndDiscontinuedOperationsAxis" xlink:label="ifrs-full_ContinuingAndDiscontinuedOperationsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContinuingAndDiscontinuedOperationsAxis" xlink:to="ifrs-full_ContinuingAndDiscontinuedOperationsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContinuingAndDiscontinuedOperationsAxis_lbl" xml:lang="en-US">Continuing and Discontinued Operations [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DiscontinuedOperationsMember" xlink:label="ifrs-full_DiscontinuedOperationsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DiscontinuedOperationsMember" xlink:to="ifrs-full_DiscontinuedOperationsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DiscontinuedOperationsMember_lbl" xml:lang="en-US">Discontinued Operations [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomeStatementAxis" xlink:label="irsa_IncomeStatementAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeStatementAxis" xlink:to="irsa_IncomeStatementAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncomeStatementAxis_lbl" xml:lang="en-US">Income Statement Location [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ExpensesAndCollectivePromotionFundsMember" xlink:label="irsa_ExpensesAndCollectivePromotionFundsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExpensesAndCollectivePromotionFundsMember" xlink:to="irsa_ExpensesAndCollectivePromotionFundsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ExpensesAndCollectivePromotionFundsMember_lbl" xml:lang="en-US">Expenses and Collective Promotion Funds [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:label="ifrs-full_EliminationOfIntersegmentAmountsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:to="ifrs-full_EliminationOfIntersegmentAmountsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EliminationOfIntersegmentAmountsMember_lbl" xml:lang="en-US">Elimination of Inter-Segment Transactions and Non-reportable Assets / Liabilities [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_StatementOfIncomeAndStatementOfFinancialPositionMember" xlink:label="irsa_StatementOfIncomeAndStatementOfFinancialPositionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_StatementOfIncomeAndStatementOfFinancialPositionMember" xlink:to="irsa_StatementOfIncomeAndStatementOfFinancialPositionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_StatementOfIncomeAndStatementOfFinancialPositionMember_lbl" xml:lang="en-US">Total as Per Statement of Income / Statement of Financial Position [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SegmentsAxis" xlink:label="ifrs-full_SegmentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentsAxis" xlink:to="ifrs-full_SegmentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SegmentsAxis_lbl" xml:lang="en-US">Segments [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShoppingMallsMember" xlink:label="irsa_ShoppingMallsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShoppingMallsMember" xlink:to="irsa_ShoppingMallsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShoppingMallsMember_lbl" xml:lang="en-US">Shopping Malls [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OfficesMember" xlink:label="irsa_OfficesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OfficesMember" xlink:to="irsa_OfficesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OfficesMember_lbl" xml:lang="en-US">Offices [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SalesAndDevelopmentsMember" xlink:label="irsa_SalesAndDevelopmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalesAndDevelopmentsMember" xlink:to="irsa_SalesAndDevelopmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SalesAndDevelopmentsMember_lbl" xml:lang="en-US">Sales and Developments [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_HotelsMember" xlink:label="irsa_HotelsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HotelsMember" xlink:to="irsa_HotelsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_HotelsMember_lbl" xml:lang="en-US">Hotels [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InternationalMember" xlink:label="irsa_InternationalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InternationalMember" xlink:to="irsa_InternationalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InternationalMember_lbl" xml:lang="en-US">International [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Corporate1Member" xlink:label="irsa_Corporate1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Corporate1Member" xlink:to="irsa_Corporate1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Corporate1Member_lbl" xml:lang="en-US">Corporate [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherSegmentsMember" xlink:label="irsa_OtherSegmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherSegmentsMember" xlink:to="irsa_OtherSegmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherSegmentsMember_lbl" xml:lang="en-US">Other [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RealEstate1Member" xlink:label="irsa_RealEstate1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstate1Member" xlink:to="irsa_RealEstate1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RealEstate1Member_lbl" xml:lang="en-US">Real Estate [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SupermarketsMember" xlink:label="irsa_SupermarketsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SupermarketsMember" xlink:to="irsa_SupermarketsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SupermarketsMember_lbl" xml:lang="en-US">Supermarkets [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TelecommunicationsMember" xlink:label="irsa_TelecommunicationsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TelecommunicationsMember" xlink:to="irsa_TelecommunicationsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TelecommunicationsMember_lbl" xml:lang="en-US">Telecommunications [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InsuranceMember" xlink:label="irsa_InsuranceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InsuranceMember" xlink:to="irsa_InsuranceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InsuranceMember_lbl" xml:lang="en-US">Insurance [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OthersMember" xlink:label="irsa_OthersMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OthersMember" xlink:to="irsa_OthersMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_OthersMember_lbl" xml:lang="en-US">Others [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xml:lang="en-US">Subsidiaries [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ElronElectronicIndustriesLtdMember" xlink:label="irsa_ElronElectronicIndustriesLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ElronElectronicIndustriesLtdMember" xlink:to="irsa_ElronElectronicIndustriesLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ElronElectronicIndustriesLtdMember_lbl" xml:lang="en-US">Elron Electronic Industries Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PropertyAndBuildingCorporationLtdMember" xlink:label="irsa_PropertyAndBuildingCorporationLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PropertyAndBuildingCorporationLtdMember" xlink:to="irsa_PropertyAndBuildingCorporationLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PropertyAndBuildingCorporationLtdMember_lbl" xml:lang="en-US">Property And Building Corporation Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CellcomIsraelLtdMember" xlink:label="irsa_CellcomIsraelLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CellcomIsraelLtdMember" xlink:to="irsa_CellcomIsraelLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CellcomIsraelLtdMember_lbl" xml:lang="en-US">Cellcom Israel Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IRSAPropiedadesComercialesSAMember" xlink:label="irsa_IRSAPropiedadesComercialesSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IRSAPropiedadesComercialesSAMember" xlink:to="irsa_IRSAPropiedadesComercialesSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IRSAPropiedadesComercialesSAMember_lbl" xml:lang="en-US">IRSA Propiedades Comerciales S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xml:lang="en-US">Levels of Fair Value Hierarchy [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 2 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Level3OfFairValueHierarchyMember" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level3OfFairValueHierarchyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 3 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TypesOfInvestmentPropertyAxis" xlink:label="ifrs-full_TypesOfInvestmentPropertyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfInvestmentPropertyAxis" xlink:to="ifrs-full_TypesOfInvestmentPropertyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfInvestmentPropertyAxis_lbl" xml:lang="en-US">Types of Investment Property [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RentalPropertiesMember" xlink:label="irsa_RentalPropertiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RentalPropertiesMember" xlink:to="irsa_RentalPropertiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RentalPropertiesMember_lbl" xml:lang="en-US">Rental Properties [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UndevelopedParcelsOfLandMember" xlink:label="irsa_UndevelopedParcelsOfLandMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UndevelopedParcelsOfLandMember" xlink:to="irsa_UndevelopedParcelsOfLandMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UndevelopedParcelsOfLandMember_lbl" xml:lang="en-US">Undeveloped Parcels Of Land [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember" xlink:label="ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember" xlink:to="ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember_lbl" xml:lang="en-US">Properties Under Development [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RentalPropertyMember" xlink:label="irsa_RentalPropertyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RentalPropertyMember" xlink:to="irsa_RentalPropertyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RentalPropertyMember_lbl" xml:lang="en-US">Rental Property [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ILMember" xlink:label="irsa_ILMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ILMember" xlink:to="irsa_ILMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ILMember_lbl" xml:lang="en-US">ISRAEL</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UsesRentalProperty1Axis" xlink:label="irsa_UsesRentalProperty1Axis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UsesRentalProperty1Axis" xlink:to="irsa_UsesRentalProperty1Axis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UsesRentalProperty1Axis_lbl" xml:lang="en-US">Uses Rental Property 1 [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:label="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:to="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_lbl" xml:lang="en-US">Valuation techniques used in fair value measurement [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DiscountedCashFlowMember" xlink:label="ifrs-full_DiscountedCashFlowMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DiscountedCashFlowMember" xlink:to="ifrs-full_DiscountedCashFlowMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DiscountedCashFlowMember_lbl" xml:lang="en-US">Discounted Cash Flow [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FairValueParameterAxis" xlink:label="irsa_FairValueParameterAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FairValueParameterAxis" xlink:to="irsa_FairValueParameterAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FairValueParameterAxis_lbl" xml:lang="en-US">Fair Value Parameter [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DiscountRateMember" xlink:label="irsa_DiscountRateMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountRateMember" xlink:to="irsa_DiscountRateMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DiscountRateMember_lbl" xml:lang="en-US">Discount Rate [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RangeAxis" xlink:label="ifrs-full_RangeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangeAxis" xlink:to="ifrs-full_RangeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RangeAxis_lbl" xml:lang="en-US">Range [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="ifrs-full_BottomOfRangeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xml:lang="en-US">Minimum [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="ifrs-full_TopOfRangeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TopOfRangeMember_lbl" xml:lang="en-US">Maximum [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ILSMember" xlink:label="irsa_ILSMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ILSMember" xlink:to="irsa_ILSMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ILSMember_lbl" xml:lang="en-US">Israel, New Shekels</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_WeightedAverageRentalValueMember" xlink:label="irsa_WeightedAverageRentalValueMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WeightedAverageRentalValueMember" xlink:to="irsa_WeightedAverageRentalValueMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_WeightedAverageRentalValueMember_lbl" xml:lang="en-US">Weighted Average Rental Value [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CommercialUseMember" xlink:label="irsa_CommercialUseMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CommercialUseMember" xlink:to="irsa_CommercialUseMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CommercialUseMember_lbl" xml:lang="en-US">Commercial Use [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IndustrialUseMember" xlink:label="irsa_IndustrialUseMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IndustrialUseMember" xlink:to="irsa_IndustrialUseMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IndustrialUseMember_lbl" xml:lang="en-US">Industrial Use [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_USMember" xlink:label="irsa_USMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_USMember" xlink:to="irsa_USMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_USMember_lbl" xml:lang="en-US">UNITED STATES</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_HSBCBuildingMember" xlink:label="irsa_HSBCBuildingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HSBCBuildingMember" xlink:to="irsa_HSBCBuildingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_HSBCBuildingMember_lbl" xml:lang="en-US">HSBC Building (Offices) [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_USDMember" xlink:label="irsa_USDMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_USDMember" xlink:to="irsa_USDMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_USDMember_lbl" xml:lang="en-US">US Dollar [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OfficesAndCommercialUseMember" xlink:label="irsa_OfficesAndCommercialUseMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OfficesAndCommercialUseMember" xlink:to="irsa_OfficesAndCommercialUseMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OfficesAndCommercialUseMember_lbl" xml:lang="en-US">Las Vegas Project (Offices And Commercial Use) [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ARMember" xlink:label="irsa_ARMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ARMember" xlink:to="irsa_ARMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ARMember_lbl" xml:lang="en-US">ARGENTINA</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GrowthRateMember" xlink:label="irsa_GrowthRateMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrowthRateMember" xlink:to="irsa_GrowthRateMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GrowthRateMember_lbl" xml:lang="en-US">Growth Rate [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InflationMember" xlink:label="irsa_InflationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InflationMember" xlink:to="irsa_InflationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InflationMember_lbl" xml:lang="en-US">Inflation [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DevaluationMember" xlink:label="irsa_DevaluationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DevaluationMember" xlink:to="irsa_DevaluationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DevaluationMember_lbl" xml:lang="en-US">Devaluation [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PlotOfLandMember" xlink:label="irsa_PlotOfLandMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PlotOfLandMember" xlink:to="irsa_PlotOfLandMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PlotOfLandMember_lbl" xml:lang="en-US">Plot Of Land [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComparableWithIncidenceAdjustmentMember" xlink:label="irsa_ComparableWithIncidenceAdjustmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComparableWithIncidenceAdjustmentMember" xlink:to="irsa_ComparableWithIncidenceAdjustmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ComparableWithIncidenceAdjustmentMember_lbl" xml:lang="en-US">Comparable With Incidence Adjustment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PercentageOfIncidenceMember" xlink:label="irsa_PercentageOfIncidenceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfIncidenceMember" xlink:to="irsa_PercentageOfIncidenceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PercentageOfIncidenceMember_lbl" xml:lang="en-US">% of incidence [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EstimatedFairValueOfInvestmentPropertyMember" xlink:label="irsa_EstimatedFairValueOfInvestmentPropertyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EstimatedFairValueOfInvestmentPropertyMember" xlink:to="irsa_EstimatedFairValueOfInvestmentPropertyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_EstimatedFairValueOfInvestmentPropertyMember_lbl" xml:lang="en-US">Estimated Fair Value Of Investment Property [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_WeightedAverageConstructionCostMember" xlink:label="irsa_WeightedAverageConstructionCostMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WeightedAverageConstructionCostMember" xlink:to="irsa_WeightedAverageConstructionCostMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_WeightedAverageConstructionCostMember_lbl" xml:lang="en-US">Weighted Average Construction Cost [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xml:lang="en-US">Carrying Amount Accumulated Depreciation Amortisation And Impairment And Gross Carrying Amount [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="ifrs-full_GrossCarryingAmountMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl" xml:lang="en-US">Costs [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:label="ifrs-full_AccumulatedDepreciationAndAmortisationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:to="ifrs-full_AccumulatedDepreciationAndAmortisationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedDepreciationAndAmortisationMember_lbl" xml:lang="en-US">Accumulated Depreciation [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomeStatementLocation1Axis" xlink:label="irsa_IncomeStatementLocation1Axis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeStatementLocation1Axis" xlink:to="irsa_IncomeStatementLocation1Axis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_IncomeStatementLocation1Axis_lbl" xml:lang="en-US">Income Statement Location [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CostOfSales1Member" xlink:label="irsa_CostOfSales1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CostOfSales1Member" xlink:to="irsa_CostOfSales1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CostOfSales1Member_lbl" xml:lang="en-US">Costs [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GeneralAndAdministrativeExpensesMember" xlink:label="irsa_GeneralAndAdministrativeExpensesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GeneralAndAdministrativeExpensesMember" xlink:to="irsa_GeneralAndAdministrativeExpensesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GeneralAndAdministrativeExpensesMember_lbl" xml:lang="en-US">General And Administrative Expenses [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SellingExpensesMember" xlink:label="irsa_SellingExpensesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SellingExpensesMember" xlink:to="irsa_SellingExpensesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SellingExpensesMember_lbl" xml:lang="en-US">Selling Expenses [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xml:lang="en-US">Categories Of Financial Assets [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CompletedPropertiesMember" xlink:label="irsa_CompletedPropertiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CompletedPropertiesMember" xlink:to="irsa_CompletedPropertiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CompletedPropertiesMember_lbl" xml:lang="en-US">Completed Properties [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PropertiesUnderDevelopmentMember" xlink:label="irsa_PropertiesUnderDevelopmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PropertiesUnderDevelopmentMember" xlink:to="irsa_PropertiesUnderDevelopmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_PropertiesUnderDevelopmentMember_lbl" xml:lang="en-US">Properties Under Development [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UndevelopedSitesMember" xlink:label="irsa_UndevelopedSitesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UndevelopedSitesMember" xlink:to="irsa_UndevelopedSitesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UndevelopedSitesMember_lbl" xml:lang="en-US">Undeveloped Sites [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd#currency_ARS" xlink:label="currency_ARS" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_ARS" xlink:to="currency_ARS_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_ARS_lbl" xml:lang="en-US">Argentina, Pesos</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:label="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_lbl" xml:lang="en-US">Classes Of Intangible Assets And Goodwill [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GoodwillMember" xlink:label="ifrs-full_GoodwillMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GoodwillMember" xlink:to="ifrs-full_GoodwillMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GoodwillMember_lbl" xml:lang="en-US">Goodwill [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:label="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:to="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_lbl" xml:lang="en-US">Accumulated Amortization [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BrandNamesMember" xlink:label="ifrs-full_BrandNamesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BrandNamesMember" xlink:to="ifrs-full_BrandNamesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BrandNamesMember_lbl" xml:lang="en-US">Trademarks [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LicencesMember" xlink:label="ifrs-full_LicencesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LicencesMember" xlink:to="ifrs-full_LicencesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LicencesMember_lbl" xml:lang="en-US">Licenses [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:to="ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl" xml:lang="en-US">Customer Relations [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComputerSoftwareMember" xlink:label="ifrs-full_ComputerSoftwareMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComputerSoftwareMember" xlink:to="ifrs-full_ComputerSoftwareMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComputerSoftwareMember_lbl" xml:lang="en-US">Information Systems And Software [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ContractsAndOthersMember" xlink:label="irsa_ContractsAndOthersMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ContractsAndOthersMember" xlink:to="irsa_ContractsAndOthersMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ContractsAndOthersMember_lbl" xml:lang="en-US">Contracts And Others [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomesStatementLocationsAxis" xlink:label="irsa_IncomesStatementLocationsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomesStatementLocationsAxis" xlink:to="irsa_IncomesStatementLocationsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncomesStatementLocationsAxis_lbl" xml:lang="en-US">Incomes Statement Locations [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CostsOfSalesMember" xlink:label="irsa_CostsOfSalesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CostsOfSalesMember" xlink:to="irsa_CostsOfSalesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CostsOfSalesMember_lbl" xml:lang="en-US">Costs [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ArrangementTypeAxis" xlink:label="irsa_ArrangementTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ArrangementTypeAxis" xlink:to="irsa_ArrangementTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ArrangementTypeAxis_lbl" xml:lang="en-US">Arrangement Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BarterAgreementMember" xlink:label="irsa_BarterAgreementMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BarterAgreementMember" xlink:to="irsa_BarterAgreementMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BarterAgreementMember_lbl" xml:lang="en-US">Barter Agreement [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PastDueStatusAxis" xlink:label="ifrs-full_PastDueStatusAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastDueStatusAxis" xlink:to="ifrs-full_PastDueStatusAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PastDueStatusAxis_lbl" xml:lang="en-US">Past due status [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentMember" xlink:label="ifrs-full_CurrentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentMember" xlink:to="ifrs-full_CurrentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentMember_lbl" xml:lang="en-US">Current [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReceivableTypeAxis" xlink:label="irsa_ReceivableTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReceivableTypeAxis" xlink:to="irsa_ReceivableTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReceivableTypeAxis_lbl" xml:lang="en-US">Receivable Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LeaseAndServicesMember" xlink:label="irsa_LeaseAndServicesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LeaseAndServicesMember" xlink:to="irsa_LeaseAndServicesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LeaseAndServicesMember_lbl" xml:lang="en-US">Leases And Services [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_HotelServicesMember" xlink:label="irsa_HotelServicesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HotelServicesMember" xlink:to="irsa_HotelServicesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_HotelServicesMember_lbl" xml:lang="en-US">Hotel Services [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ConsumerFinancingMember" xlink:label="irsa_ConsumerFinancingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ConsumerFinancingMember" xlink:to="irsa_ConsumerFinancingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ConsumerFinancingMember_lbl" xml:lang="en-US">Consumer Financing [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SaleOfAropertiesAndDevelopmentsMember" xlink:label="irsa_SaleOfAropertiesAndDevelopmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SaleOfAropertiesAndDevelopmentsMember" xlink:to="irsa_SaleOfAropertiesAndDevelopmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SaleOfAropertiesAndDevelopmentsMember_lbl" xml:lang="en-US">Sale Of Properties And Developments [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SaleOfCommunicationEquipmentMember" xlink:label="irsa_SaleOfCommunicationEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SaleOfCommunicationEquipmentMember" xlink:to="irsa_SaleOfCommunicationEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SaleOfCommunicationEquipmentMember_lbl" xml:lang="en-US">Sale Of Communication Equipment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TelecommunicationServicesMember" xlink:label="irsa_TelecommunicationServicesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TelecommunicationServicesMember" xlink:to="irsa_TelecommunicationServicesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TelecommunicationServicesMember_lbl" xml:lang="en-US">Telecommunication Services [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SaleOfProductsSupermarketsMember" xlink:label="irsa_SaleOfProductsSupermarketsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SaleOfProductsSupermarketsMember" xlink:to="irsa_SaleOfProductsSupermarketsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SaleOfProductsSupermarketsMember_lbl" xml:lang="en-US">Sale Of Products (Supermarkets) [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LaterThanThreeButNotLaterThanSixMonthsMember" xlink:label="irsa_LaterThanThreeButNotLaterThanSixMonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaterThanThreeButNotLaterThanSixMonthsMember" xlink:to="irsa_LaterThanThreeButNotLaterThanSixMonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LaterThanThreeButNotLaterThanSixMonthsMember_lbl" xml:lang="en-US">3 To 6 Months [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NotLaterThanSixMothsMember" xlink:label="irsa_NotLaterThanSixMothsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NotLaterThanSixMothsMember" xlink:to="irsa_NotLaterThanSixMothsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NotLaterThanSixMothsMember_lbl" xml:lang="en-US">Over 6 Months [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:to="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis_lbl" xml:lang="en-US">Impairment of financial assets [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" xlink:label="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" xlink:to="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember_lbl" xml:lang="en-US">Non-Past Due [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsImpairedMember" xlink:label="ifrs-full_FinancialAssetsImpairedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsImpairedMember" xlink:to="ifrs-full_FinancialAssetsImpairedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsImpairedMember_lbl" xml:lang="en-US">Impaired [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_IL" xlink:label="country_IL" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_IL" xlink:to="country_IL_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="country_IL_lbl" xml:lang="en-US">ISRAEL</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfProvisionsAxis" xlink:label="ifrs-full_ClassesOfProvisionsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfProvisionsAxis" xlink:to="ifrs-full_ClassesOfProvisionsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfProvisionsAxis_lbl" xml:lang="en-US">Classes of other provisions [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LegalClaimsMember" xlink:label="irsa_LegalClaimsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LegalClaimsMember" xlink:to="irsa_LegalClaimsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LegalClaimsMember_lbl" xml:lang="en-US">Legal Claims [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentsInAssociatesAndJointVenturesMember" xlink:label="irsa_InvestmentsInAssociatesAndJointVenturesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInAssociatesAndJointVenturesMember" xlink:to="irsa_InvestmentsInAssociatesAndJointVenturesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentsInAssociatesAndJointVenturesMember_lbl" xml:lang="en-US">Investments In Associates And Joint Ventures [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SiteDismantlingAndRemediationMember" xlink:label="irsa_SiteDismantlingAndRemediationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SiteDismantlingAndRemediationMember" xlink:to="irsa_SiteDismantlingAndRemediationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SiteDismantlingAndRemediationMember_lbl" xml:lang="en-US">Site Dismantling And Remediation [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OnerousContractsMember" xlink:label="irsa_OnerousContractsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OnerousContractsMember" xlink:to="irsa_OnerousContractsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OnerousContractsMember_lbl" xml:lang="en-US">Onerous Contracts [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MiscellaneousOtherProvisionsMember" xlink:label="ifrs-full_MiscellaneousOtherProvisionsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherProvisionsMember" xlink:to="ifrs-full_MiscellaneousOtherProvisionsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiscellaneousOtherProvisionsMember_lbl" xml:lang="en-US">Other Provisions [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="ifrs-full_BorrowingsByNameAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsByNameAxis" xlink:to="ifrs-full_BorrowingsByNameAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsByNameAxis_lbl" xml:lang="en-US">Borrowings by name [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NonConvertibleNoteMember" xlink:label="irsa_NonConvertibleNoteMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonConvertibleNoteMember" xlink:to="irsa_NonConvertibleNoteMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NonConvertibleNoteMember_lbl" xml:lang="en-US">NCN [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BankLoansMember" xlink:label="irsa_BankLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BankLoansMember" xlink:to="irsa_BankLoansMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BankLoansMember_lbl" xml:lang="en-US">Bank Loans [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NonRecourseLoansMember" xlink:label="irsa_NonRecourseLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonRecourseLoansMember" xlink:to="irsa_NonRecourseLoansMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NonRecourseLoansMember_lbl" xml:lang="en-US">Non-Recourse Loans [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherBorrowingsMember" xlink:label="irsa_OtherBorrowingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherBorrowingsMember" xlink:to="irsa_OtherBorrowingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherBorrowingsMember_lbl" xml:lang="en-US">Other Borrowings [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BankOverdrafts1Member" xlink:label="irsa_BankOverdrafts1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BankOverdrafts1Member" xlink:to="irsa_BankOverdrafts1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BankOverdrafts1Member_lbl" xml:lang="en-US">Bank Overdrafts [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MeasurementAxis" xlink:label="ifrs-full_MeasurementAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MeasurementAxis" xlink:to="ifrs-full_MeasurementAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MeasurementAxis_lbl" xml:lang="en-US">Measurement [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AtFairValueMember" xlink:label="ifrs-full_AtFairValueMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AtFairValueMember" xlink:to="ifrs-full_AtFairValueMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AtFairValueMember_lbl" xml:lang="en-US">At Fair Value [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xml:lang="en-US">Between 1 And 2 Years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_lbl" xml:lang="en-US">Between 2 and 3 years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_lbl" xml:lang="en-US">Between 3 and 4 years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US">Between 4 and 5 years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanFiveYearsMember_lbl" xml:lang="en-US">Later Than Five Years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FixedInterestRateArgentinePesoMember" xlink:label="irsa_FixedInterestRateArgentinePesoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FixedInterestRateArgentinePesoMember" xlink:to="irsa_FixedInterestRateArgentinePesoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FixedInterestRateArgentinePesoMember_lbl" xml:lang="en-US">Fixed Interest Rate Argentine Peso [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd#currency_UYU" xlink:label="currency_UYU" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_UYU" xlink:to="currency_UYU_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_UYU_lbl" xml:lang="en-US">UYU</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd#currency_ILS" xlink:label="currency_ILS" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_ILS" xlink:to="currency_ILS_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_ILS_lbl" xml:lang="en-US">ILS</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FixedInterestRateNewIsraeliShekelMember" xlink:label="irsa_FixedInterestRateNewIsraeliShekelMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FixedInterestRateNewIsraeliShekelMember" xlink:to="irsa_FixedInterestRateNewIsraeliShekelMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FixedInterestRateNewIsraeliShekelMember_lbl" xml:lang="en-US">Fixed Interest Rate New Israeli Shekel [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FixedInterestRateUSDollarMember" xlink:label="irsa_FixedInterestRateUSDollarMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FixedInterestRateUSDollarMember" xlink:to="irsa_FixedInterestRateUSDollarMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FixedInterestRateUSDollarMember_lbl" xml:lang="en-US">Fixed Interest Rate US Dollar [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FloatingInterestRateArgentinePesoMember" xlink:label="irsa_FloatingInterestRateArgentinePesoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FloatingInterestRateArgentinePesoMember" xlink:to="irsa_FloatingInterestRateArgentinePesoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FloatingInterestRateArgentinePesoMember_lbl" xml:lang="en-US">Floating Interest Rate Argentine Peso [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FloatingInterestRateNewIsraeliShekelMember" xlink:label="irsa_FloatingInterestRateNewIsraeliShekelMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FloatingInterestRateNewIsraeliShekelMember" xlink:to="irsa_FloatingInterestRateNewIsraeliShekelMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FloatingInterestRateNewIsraeliShekelMember_lbl" xml:lang="en-US">Floating Interest Rate New Israeli Shekel [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FloatingInterestRateUSDollarMember" xlink:label="irsa_FloatingInterestRateUSDollarMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FloatingInterestRateUSDollarMember" xlink:to="irsa_FloatingInterestRateUSDollarMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FloatingInterestRateUSDollarMember_lbl" xml:lang="en-US">Floating Interest Rate US Dollar [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LegalEntityAxis_lbl" xml:lang="en-US">Legal Entity [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember" xlink:label="irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember" xlink:to="irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember_lbl" xml:lang="en-US">IRSA Inversionesy Representaciones Sociedad Anonima [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsClassVIIMember" xlink:label="irsa_BorrowingsClassVIIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsClassVIIMember" xlink:to="irsa_BorrowingsClassVIIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsClassVIIMember_lbl" xml:lang="en-US">Class VII [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsClassVIIIMember" xlink:label="irsa_BorrowingsClassVIIIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsClassVIIIMember" xlink:to="irsa_BorrowingsClassVIIIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsClassVIIIMember_lbl" xml:lang="en-US">Class VIII [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsClassIVMember" xlink:label="irsa_BorrowingsClassIVMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsClassIVMember" xlink:to="irsa_BorrowingsClassIVMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsClassIVMember_lbl" xml:lang="en-US">Class IV [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESNMember" xlink:label="irsa_BorrowingsSERIESNMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESNMember" xlink:to="irsa_BorrowingsSERIESNMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsSERIESNMember_lbl" xml:lang="en-US">SERIES N [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESMMember" xlink:label="irsa_BorrowingsSERIESMMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESMMember" xlink:to="irsa_BorrowingsSERIESMMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsSERIESMMember_lbl" xml:lang="en-US">SERIES M [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESN1Member" xlink:label="irsa_BorrowingsSERIESN1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESN1Member" xlink:to="irsa_BorrowingsSERIESN1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_BorrowingsSERIESN1Member_lbl" xml:lang="en-US">SERIES N [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESN2Member" xlink:label="irsa_BorrowingsSERIESN2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESN2Member" xlink:to="irsa_BorrowingsSERIESN2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_BorrowingsSERIESN2Member_lbl" xml:lang="en-US">SERIES N [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESFMember" xlink:label="irsa_BorrowingsSERIESFMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESFMember" xlink:to="irsa_BorrowingsSERIESFMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsSERIESFMember_lbl" xml:lang="en-US">SERIES F [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESF1Member" xlink:label="irsa_BorrowingsSERIESF1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESF1Member" xlink:to="irsa_BorrowingsSERIESF1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_BorrowingsSERIESF1Member_lbl" xml:lang="en-US">SERIES F [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESJMember" xlink:label="irsa_BorrowingsSERIESJMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESJMember" xlink:to="irsa_BorrowingsSERIESJMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsSERIESJMember_lbl" xml:lang="en-US">SERIES J [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESIMember" xlink:label="irsa_BorrowingsSERIESIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESIMember" xlink:to="irsa_BorrowingsSERIESIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsSERIESIMember_lbl" xml:lang="en-US">SERIES I [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESI1Member" xlink:label="irsa_BorrowingsSERIESI1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESI1Member" xlink:to="irsa_BorrowingsSERIESI1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_BorrowingsSERIESI1Member_lbl" xml:lang="en-US">SERIES I [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESI2Member" xlink:label="irsa_BorrowingsSERIESI2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESI2Member" xlink:to="irsa_BorrowingsSERIESI2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_BorrowingsSERIESI2Member_lbl" xml:lang="en-US">SERIES I [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESI3Member" xlink:label="irsa_BorrowingsSERIESI3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESI3Member" xlink:to="irsa_BorrowingsSERIESI3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_BorrowingsSERIESI3Member_lbl" xml:lang="en-US">SERIES I [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GavYamMember" xlink:label="irsa_GavYamMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GavYamMember" xlink:to="irsa_GavYamMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GavYamMember_lbl" xml:lang="en-US">Gav - Yam [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESHMember" xlink:label="irsa_BorrowingsSERIESHMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESHMember" xlink:to="irsa_BorrowingsSERIESHMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsSERIESHMember_lbl" xml:lang="en-US">SERIES H [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESLMember" xlink:label="irsa_BorrowingsSERIESLMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESLMember" xlink:to="irsa_BorrowingsSERIESLMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsSERIESLMember_lbl" xml:lang="en-US">SERIES L [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESEMember" xlink:label="irsa_BorrowingsSERIESEMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESEMember" xlink:to="irsa_BorrowingsSERIESEMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsSERIESEMember_lbl" xml:lang="en-US">SERIES E [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsSERIESE1Member" xlink:label="irsa_BorrowingsSERIESE1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESE1Member" xlink:to="irsa_BorrowingsSERIESE1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_BorrowingsSERIESE1Member_lbl" xml:lang="en-US">SERIES E [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_BM" xlink:label="country_BM" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_BM" xlink:to="country_BM_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_BM_lbl" xml:lang="en-US">Bermudas</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_UY" xlink:label="country_UY" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_UY" xlink:to="country_UY_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_UY_lbl" xml:lang="en-US">URUGUAY</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_US" xlink:label="country_US" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_US" xlink:to="country_US_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_US_lbl" xml:lang="en-US">US</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US">Later than one year and not later than five years [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LaterThanFiveYearsMember_2_lbl" xml:lang="en-US">Later than five years [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomeStatementLocationsAxis" xlink:label="irsa_IncomeStatementLocationsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeStatementLocationsAxis" xlink:to="irsa_IncomeStatementLocationsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncomeStatementLocationsAxis_lbl" xml:lang="en-US">Income Statement Locations [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GeneralAndAdministrativeExpense1Member" xlink:label="irsa_GeneralAndAdministrativeExpense1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GeneralAndAdministrativeExpense1Member" xlink:to="irsa_GeneralAndAdministrativeExpense1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_GeneralAndAdministrativeExpense1Member_lbl" xml:lang="en-US">General And Administrative Expenses [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SellingExpenseMember" xlink:label="irsa_SellingExpenseMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SellingExpenseMember" xlink:to="irsa_SellingExpenseMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_SellingExpenseMember_lbl" xml:lang="en-US">Selling Expenses [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RetirementPlanFundingStatus1Axis" xlink:label="irsa_RetirementPlanFundingStatus1Axis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RetirementPlanFundingStatus1Axis" xlink:to="irsa_RetirementPlanFundingStatus1Axis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RetirementPlanFundingStatus1Axis_lbl" xml:lang="en-US">Retirement Plan Funding Status [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UnfundedPlan1Member" xlink:label="irsa_UnfundedPlan1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnfundedPlan1Member" xlink:to="irsa_UnfundedPlan1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UnfundedPlan1Member_lbl" xml:lang="en-US">Unfunded Plan [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FundedPlan1Member" xlink:label="irsa_FundedPlan1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FundedPlan1Member" xlink:to="irsa_FundedPlan1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FundedPlan1Member_lbl" xml:lang="en-US">Funded Plan [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US">Categories of financial liabilities [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DerivativeFinancialInstrumentsCategoryMember" xlink:label="irsa_DerivativeFinancialInstrumentsCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativeFinancialInstrumentsCategoryMember" xlink:to="irsa_DerivativeFinancialInstrumentsCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DerivativeFinancialInstrumentsCategoryMember_lbl" xml:lang="en-US">Derivative Financial Instruments [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="ifrs-full_ClassesOfAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsAxis" xlink:to="ifrs-full_ClassesOfAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl" xml:lang="en-US">Classes Of Assets [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradeAndOtherReceivablesMember" xlink:label="irsa_TradeAndOtherReceivablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherReceivablesMember" xlink:to="irsa_TradeAndOtherReceivablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradeAndOtherReceivablesMember_lbl" xml:lang="en-US">Trade And Other Receivables [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd#currency_EUR" xlink:label="currency_EUR" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_EUR" xlink:to="currency_EUR_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_EUR_lbl" xml:lang="en-US">Euros</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradePayablesMember" xlink:label="irsa_TradePayablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradePayablesMember" xlink:to="irsa_TradePayablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradePayablesMember_lbl" xml:lang="en-US">Payables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RelatedPartiesMember" xlink:label="ifrs-full_RelatedPartiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RelatedPartiesMember" xlink:to="ifrs-full_RelatedPartiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RelatedPartiesMember_lbl" xml:lang="en-US">Related Parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis_lbl" xml:lang="en-US">Categories of financial liabilities [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Borrowings1Member" xlink:label="irsa_Borrowings1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Borrowings1Member" xlink:to="irsa_Borrowings1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Borrowings1Member_lbl" xml:lang="en-US">Borrowings [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradeReceivableMember" xlink:label="irsa_TradeReceivableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeReceivableMember" xlink:to="irsa_TradeReceivableMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradeReceivableMember_lbl" xml:lang="en-US">Receivable [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RestrictedAssetsMember" xlink:label="irsa_RestrictedAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RestrictedAssetsMember" xlink:to="irsa_RestrictedAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RestrictedAssetsMember_lbl" xml:lang="en-US">Restricted Assets [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentsInFinancialAssetsMember" xlink:label="irsa_InvestmentsInFinancialAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInFinancialAssetsMember" xlink:to="irsa_InvestmentsInFinancialAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentsInFinancialAssetsMember_lbl" xml:lang="en-US">Investments In Financial Assets [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2017/currency-2017-01-31.xsd#currency_GBP" xlink:label="currency_GBP" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_GBP" xlink:to="currency_GBP_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_GBP_lbl" xml:lang="en-US">Pounds</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CashAndCashEquivalents1Member" xlink:label="irsa_CashAndCashEquivalents1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAndCashEquivalents1Member" xlink:to="irsa_CashAndCashEquivalents1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CashAndCashEquivalents1Member_lbl" xml:lang="en-US">Cash And Cash Equivalents [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NewLipstickMember" xlink:label="irsa_NewLipstickMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NewLipstickMember" xlink:to="irsa_NewLipstickMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NewLipstickMember_lbl" xml:lang="en-US">New Lipstick [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BHSAMember" xlink:label="irsa_BHSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BHSAMember" xlink:to="irsa_BHSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BHSAMember_lbl" xml:lang="en-US">BHSA [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CondorMember" xlink:label="irsa_CondorMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CondorMember" xlink:to="irsa_CondorMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CondorMember_lbl" xml:lang="en-US">Condor [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AdamaMember" xlink:label="irsa_AdamaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdamaMember" xlink:to="irsa_AdamaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AdamaMember_lbl" xml:lang="en-US">Adama [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PBELMember" xlink:label="irsa_PBELMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PBELMember" xlink:to="irsa_PBELMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PBELMember_lbl" xml:lang="en-US">PBEL [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherAssociatesMember" xlink:label="irsa_OtherAssociatesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherAssociatesMember" xlink:to="irsa_OtherAssociatesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherAssociatesMember_lbl" xml:lang="en-US">Other Associates [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_QualityInvestSAMember" xlink:label="irsa_QualityInvestSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_QualityInvestSAMember" xlink:to="irsa_QualityInvestSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_QualityInvestSAMember_lbl" xml:lang="en-US">Quality Invest S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LaRuralSAMember" xlink:label="irsa_LaRuralSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaRuralSAMember" xlink:to="irsa_LaRuralSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LaRuralSAMember_lbl" xml:lang="en-US">La Rural S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_MehadrinMember" xlink:label="irsa_MehadrinMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MehadrinMember" xlink:to="irsa_MehadrinMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_MehadrinMember_lbl" xml:lang="en-US">Mehadrin [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherJointVenturesMember" xlink:label="irsa_OtherJointVenturesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherJointVenturesMember" xlink:to="irsa_OtherJointVenturesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherJointVenturesMember_lbl" xml:lang="en-US">Other Joint Ventures [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_QualityInvestMember" xlink:label="irsa_QualityInvestMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_QualityInvestMember" xlink:to="irsa_QualityInvestMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_QualityInvestMember_lbl" xml:lang="en-US">Quality Invest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BancoHipotecarioS.A.Member" xlink:label="irsa_BancoHipotecarioS.A.Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BancoHipotecarioS.A.Member" xlink:to="irsa_BancoHipotecarioS.A.Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_BancoHipotecarioS.A.Member_lbl" xml:lang="en-US">BHSA [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TaxLossCarryForwardsMember" xlink:label="irsa_TaxLossCarryForwardsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TaxLossCarryForwardsMember" xlink:to="irsa_TaxLossCarryForwardsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TaxLossCarryForwardsMember_lbl" xml:lang="en-US">Tax Loss Carry-Forwards [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ClassesOfAssets1Member" xlink:label="irsa_ClassesOfAssets1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ClassesOfAssets1Member" xlink:to="irsa_ClassesOfAssets1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ClassesOfAssets1Member_lbl" xml:lang="en-US">Subtotal Assets [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember" xlink:label="irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember" xlink:to="irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember_lbl" xml:lang="en-US">Investment Properties And Property, Plant And Equipment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradingPropertiesMember" xlink:label="irsa_TradingPropertiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesMember" xlink:to="irsa_TradingPropertiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradingPropertiesMember_lbl" xml:lang="en-US">Trading Properties [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Investments1Member" xlink:label="irsa_Investments1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Investments1Member" xlink:to="irsa_Investments1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Investments1Member_lbl" xml:lang="en-US">Investments [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IntangibleAssetsMember" xlink:label="irsa_IntangibleAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IntangibleAssetsMember" xlink:to="irsa_IntangibleAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IntangibleAssetsMember_lbl" xml:lang="en-US">Intangible Assets [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Liabilities1Member" xlink:label="irsa_Liabilities1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Liabilities1Member" xlink:to="irsa_Liabilities1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Liabilities1Member_lbl" xml:lang="en-US">Subtotal Liabilities [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember" xlink:label="irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember" xlink:to="irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember_lbl" xml:lang="en-US">Trade And Other Receivables Excluding The Allowance For Doubtful Accounts And Other Receivables [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Level1OfFairValueHierarchyMember" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 1 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentsInFinancialAssetsCategoryMember" xlink:label="irsa_InvestmentsInFinancialAssetsCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInFinancialAssetsCategoryMember" xlink:to="irsa_InvestmentsInFinancialAssetsCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_InvestmentsInFinancialAssetsCategoryMember_lbl" xml:lang="en-US">Investments In Financial Assets [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PublicCompaniesSecuritiesMember" xlink:label="irsa_PublicCompaniesSecuritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PublicCompaniesSecuritiesMember" xlink:to="irsa_PublicCompaniesSecuritiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PublicCompaniesSecuritiesMember_lbl" xml:lang="en-US">Public Companies Securities [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PrivateCompaniesSecuritiesMember" xlink:label="irsa_PrivateCompaniesSecuritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PrivateCompaniesSecuritiesMember" xlink:to="irsa_PrivateCompaniesSecuritiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PrivateCompaniesSecuritiesMember_lbl" xml:lang="en-US">Private Companies Securities [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Deposits1Member" xlink:label="irsa_Deposits1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deposits1Member" xlink:to="irsa_Deposits1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Deposits1Member_lbl" xml:lang="en-US">Deposits [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Bonds1Member" xlink:label="irsa_Bonds1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Bonds1Member" xlink:to="irsa_Bonds1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Bonds1Member_lbl" xml:lang="en-US">Bonds [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OthersInvestmentInFinancialAssetsMember" xlink:label="irsa_OthersInvestmentInFinancialAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OthersInvestmentInFinancialAssetsMember" xlink:to="irsa_OthersInvestmentInFinancialAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_OthersInvestmentInFinancialAssetsMember_lbl" xml:lang="en-US">Others [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentsInFinancialAssetsWithQuotationMember" xlink:label="irsa_InvestmentsInFinancialAssetsWithQuotationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInFinancialAssetsWithQuotationMember" xlink:to="irsa_InvestmentsInFinancialAssetsWithQuotationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentsInFinancialAssetsWithQuotationMember_lbl" xml:lang="en-US">Investments In Financial Assets With Quotation [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ForeignCurrencyFutureContractsMember" xlink:label="irsa_ForeignCurrencyFutureContractsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ForeignCurrencyFutureContractsMember" xlink:to="irsa_ForeignCurrencyFutureContractsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ForeignCurrencyFutureContractsMember_lbl" xml:lang="en-US">Foreign Currency Future Contracts [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherDerivativeFinancialInstrumentsMember" xlink:label="irsa_OtherDerivativeFinancialInstrumentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherDerivativeFinancialInstrumentsMember" xlink:to="irsa_OtherDerivativeFinancialInstrumentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherDerivativeFinancialInstrumentsMember_lbl" xml:lang="en-US">Other Derivative Financial Instruments [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:label="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:to="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_lbl" xml:lang="en-US">Financial Assets Held-For-Sale, Category [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ClalMember" xlink:label="irsa_ClalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ClalMember" xlink:to="irsa_ClalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ClalMember_lbl" xml:lang="en-US">Clal [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CashAndCashEquivalentsCategoryMember" xlink:label="irsa_CashAndCashEquivalentsCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAndCashEquivalentsCategoryMember" xlink:to="irsa_CashAndCashEquivalentsCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CashAndCashEquivalentsCategoryMember_lbl" xml:lang="en-US">Cash And Cash Equivalents [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CashAtBankAndOnHandMember" xlink:label="irsa_CashAtBankAndOnHandMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAtBankAndOnHandMember" xlink:to="irsa_CashAtBankAndOnHandMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CashAtBankAndOnHandMember_lbl" xml:lang="en-US">Cash At Bank And On Hand [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShortTermInvestments1Member" xlink:label="irsa_ShortTermInvestments1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShortTermInvestments1Member" xlink:to="irsa_ShortTermInvestments1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShortTermInvestments1Member_lbl" xml:lang="en-US">Short Term Investments [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ForwardsMember" xlink:label="irsa_ForwardsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ForwardsMember" xlink:to="irsa_ForwardsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ForwardsMember_lbl" xml:lang="en-US">Forwards [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SwapsMember" xlink:label="irsa_SwapsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SwapsMember" xlink:to="irsa_SwapsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SwapsMember_lbl" xml:lang="en-US">Swaps [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_WarrantsMember" xlink:label="irsa_WarrantsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WarrantsMember" xlink:to="irsa_WarrantsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_WarrantsMember_lbl" xml:lang="en-US">Warrants [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WarrantsMember" xlink:to="irsa_WarrantsMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_WarrantsMember_2_lbl" xml:lang="en-US">Warrants [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis" xlink:label="irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis" xlink:to="irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis_lbl" xml:lang="en-US">Categories Of Financial Assets And Liabilities [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember" xlink:label="irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember" xlink:to="irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember_lbl" xml:lang="en-US">Financial Assets And Liabilities At Amortised Cost Category [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:label="irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_lbl" xml:lang="en-US">Financial Assets And Liabilities At Fair Value Through Profit Or Loss Category [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CashFlowsTheoreticalPriceMember" xlink:label="irsa_CashFlowsTheoreticalPriceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashFlowsTheoreticalPriceMember" xlink:to="irsa_CashFlowsTheoreticalPriceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CashFlowsTheoreticalPriceMember_lbl" xml:lang="en-US">Cash Flows - Theoretical Price [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BinomialTreeTheoreticalPriceIMember" xlink:label="irsa_BinomialTreeTheoreticalPriceIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BinomialTreeTheoreticalPriceIMember" xlink:to="irsa_BinomialTreeTheoreticalPriceIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BinomialTreeTheoreticalPriceIMember_lbl" xml:lang="en-US">Binomial Tree Theoretical Price I [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DiscountedCashFlowsTheoreticalPriceMember" xlink:label="irsa_DiscountedCashFlowsTheoreticalPriceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountedCashFlowsTheoreticalPriceMember" xlink:to="irsa_DiscountedCashFlowsTheoreticalPriceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DiscountedCashFlowsTheoreticalPriceMember_lbl" xml:lang="en-US">Discounted Cash Flows - Theoretical Price [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BlackScholesTheoreticalPriceMember" xlink:label="irsa_BlackScholesTheoreticalPriceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BlackScholesTheoreticalPriceMember" xlink:to="irsa_BlackScholesTheoreticalPriceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BlackScholesTheoreticalPriceMember_lbl" xml:lang="en-US">Black-Scholes Theoretical Price [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DiscountedCashflows1Member" xlink:label="irsa_DiscountedCashflows1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountedCashflows1Member" xlink:to="irsa_DiscountedCashflows1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DiscountedCashflows1Member_lbl" xml:lang="en-US">Discounted Cash Flows [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CashFlowNAVTheoreticalPriceMember" xlink:label="irsa_CashFlowNAVTheoreticalPriceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashFlowNAVTheoreticalPriceMember" xlink:to="irsa_CashFlowNAVTheoreticalPriceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CashFlowNAVTheoreticalPriceMember_lbl" xml:lang="en-US">Cash Flow / NAV - Theoretical Price [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DiscountedCashFlows1TheoreticalPriceMember" xlink:label="irsa_DiscountedCashFlows1TheoreticalPriceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountedCashFlows1TheoreticalPriceMember" xlink:to="irsa_DiscountedCashFlows1TheoreticalPriceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DiscountedCashFlows1TheoreticalPriceMember_lbl" xml:lang="en-US">Discounted Cash Flows - Theoretical Price [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TheoreticalPriceMember" xlink:label="irsa_TheoreticalPriceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TheoreticalPriceMember" xlink:to="irsa_TheoreticalPriceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TheoreticalPriceMember_lbl" xml:lang="en-US">Theoretical Price [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Level2And3OfFairValueHierarchyMember" xlink:label="ifrs-full_Level2And3OfFairValueHierarchyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level2And3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2And3OfFairValueHierarchyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level2And3OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 2 And 3 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsCategoryMember" xlink:label="irsa_BorrowingsCategoryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsCategoryMember" xlink:to="irsa_BorrowingsCategoryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsCategoryMember_lbl" xml:lang="en-US">Loans [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NonRecourseLoanMember" xlink:label="irsa_NonRecourseLoanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonRecourseLoanMember" xlink:to="irsa_NonRecourseLoanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NonRecourseLoanMember_lbl" xml:lang="en-US">Non Recourse Loan [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ManibilMember" xlink:label="irsa_ManibilMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ManibilMember" xlink:to="irsa_ManibilMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ManibilMember_lbl" xml:lang="en-US">Manibil S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NewLipstickLLCMember" xlink:label="irsa_NewLipstickLLCMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NewLipstickLLCMember" xlink:to="irsa_NewLipstickLLCMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_NewLipstickLLCMember_lbl" xml:lang="en-US">New Lipstick [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CondorHospitalityTrustIncMember" xlink:label="irsa_CondorHospitalityTrustIncMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CondorHospitalityTrustIncMember" xlink:to="irsa_CondorHospitalityTrustIncMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CondorHospitalityTrustIncMember_lbl" xml:lang="en-US">Condor [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherAssociatesAndJointVenturesMember" xlink:label="irsa_OtherAssociatesAndJointVenturesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherAssociatesAndJointVenturesMember" xlink:to="irsa_OtherAssociatesAndJointVenturesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherAssociatesAndJointVenturesMember_lbl" xml:lang="en-US">Other Associates And Joint Ventures [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CresudSACIFyAMember" xlink:label="irsa_CresudSACIFyAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CresudSACIFyAMember" xlink:to="irsa_CresudSACIFyAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CresudSACIFyAMember_lbl" xml:lang="en-US">Cresud [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InversionesFinancierasdelSurSAMember" xlink:label="irsa_InversionesFinancierasdelSurSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InversionesFinancierasdelSurSAMember" xlink:to="irsa_InversionesFinancierasdelSurSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InversionesFinancierasdelSurSAMember_lbl" xml:lang="en-US">IFISA [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TaamanMember" xlink:label="irsa_TaamanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TaamanMember" xlink:to="irsa_TaamanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TaamanMember_lbl" xml:lang="en-US">Taaman [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_WillifoodMember" xlink:label="irsa_WillifoodMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WillifoodMember" xlink:to="irsa_WillifoodMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_WillifoodMember_lbl" xml:lang="en-US">Willifood [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RESLPMember" xlink:label="irsa_RESLPMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RESLPMember" xlink:to="irsa_RESLPMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RESLPMember_lbl" xml:lang="en-US">RES LP [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DirectorsMember" xlink:label="irsa_DirectorsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DirectorsMember" xlink:to="irsa_DirectorsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DirectorsMember_lbl" xml:lang="en-US">Directors [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BancodeCrEditoySecuritizacionSAMember" xlink:label="irsa_BancodeCrEditoySecuritizacionSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BancodeCrEditoySecuritizacionSAMember" xlink:to="irsa_BancodeCrEditoySecuritizacionSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BancodeCrEditoySecuritizacionSAMember_lbl" xml:lang="en-US">BACS [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TarshopSAMember" xlink:label="irsa_TarshopSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TarshopSAMember" xlink:to="irsa_TarshopSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TarshopSAMember_lbl" xml:lang="en-US">Tarshop [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ISPROMehadrinMember" xlink:label="irsa_ISPROMehadrinMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ISPROMehadrinMember" xlink:to="irsa_ISPROMehadrinMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ISPROMehadrinMember_lbl" xml:lang="en-US">ISPRO - Mehadrin [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalAssociatesAndJointVenturesMember" xlink:label="irsa_TotalAssociatesAndJointVenturesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalAssociatesAndJointVenturesMember" xlink:to="irsa_TotalAssociatesAndJointVenturesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalAssociatesAndJointVenturesMember_lbl" xml:lang="en-US">Total Associates And Joint Ventures [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CresudMember" xlink:label="irsa_CresudMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CresudMember" xlink:to="irsa_CresudMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CresudMember_lbl" xml:lang="en-US">Cresud [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalParentCompanyMember" xlink:label="irsa_TotalParentCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalParentCompanyMember" xlink:to="irsa_TotalParentCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalParentCompanyMember_lbl" xml:lang="en-US">Total Parent Company [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EstudioZangBergelAndVinesMember" xlink:label="irsa_EstudioZangBergelAndVinesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EstudioZangBergelAndVinesMember" xlink:to="irsa_EstudioZangBergelAndVinesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_EstudioZangBergelAndVinesMember_lbl" xml:lang="en-US">Estudio Zang Bergel And Vines [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FundacionIRSAMember" xlink:label="irsa_FundacionIRSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FundacionIRSAMember" xlink:to="irsa_FundacionIRSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FundacionIRSAMember_lbl" xml:lang="en-US">Fundacion IRSA [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ExportacionesAgroindustrialesArgMember" xlink:label="irsa_ExportacionesAgroindustrialesArgMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExportacionesAgroindustrialesArgMember" xlink:to="irsa_ExportacionesAgroindustrialesArgMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ExportacionesAgroindustrialesArgMember_lbl" xml:lang="en-US">Exportaciones Agroindustriales Arg [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BHNVidaSAMember" xlink:label="irsa_BHNVidaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BHNVidaSAMember" xlink:to="irsa_BHNVidaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BHNVidaSAMember_lbl" xml:lang="en-US">BHN Vida S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalOthersMember" xlink:label="irsa_TotalOthersMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOthersMember" xlink:to="irsa_TotalOthersMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalOthersMember_lbl" xml:lang="en-US">Total Others [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalMember" xlink:label="irsa_TotalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalMember" xlink:to="irsa_TotalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalMember_lbl" xml:lang="en-US">Total [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CyrsaSAMember" xlink:label="irsa_CyrsaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CyrsaSAMember" xlink:to="irsa_CyrsaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CyrsaSAMember_lbl" xml:lang="en-US">Cyrsa [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BaicomMember" xlink:label="irsa_BaicomMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BaicomMember" xlink:to="irsa_BaicomMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BaicomMember_lbl" xml:lang="en-US">Baicom [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NuevoPuertoSantaFeSAMember" xlink:label="irsa_NuevoPuertoSantaFeSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NuevoPuertoSantaFeSAMember" xlink:to="irsa_NuevoPuertoSantaFeSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NuevoPuertoSantaFeSAMember_lbl" xml:lang="en-US">NPSF [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ManamanMember" xlink:label="irsa_ManamanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ManamanMember" xlink:to="irsa_ManamanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ManamanMember_lbl" xml:lang="en-US">Manaman [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RamatHanassiMember" xlink:label="irsa_RamatHanassiMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RamatHanassiMember" xlink:to="irsa_RamatHanassiMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RamatHanassiMember_lbl" xml:lang="en-US">Ramat Hanassi [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PBELRealEstateLTDMember" xlink:label="irsa_PBELRealEstateLTDMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PBELRealEstateLTDMember" xlink:to="irsa_PBELRealEstateLTDMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_PBELRealEstateLTDMember_lbl" xml:lang="en-US">PBEL [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EMCOMember" xlink:label="irsa_EMCOMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EMCOMember" xlink:to="irsa_EMCOMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_EMCOMember_lbl" xml:lang="en-US">EMCO [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AviarepsMember" xlink:label="irsa_AviarepsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AviarepsMember" xlink:to="irsa_AviarepsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AviarepsMember_lbl" xml:lang="en-US">Aviareps [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TourismAndRecreationHoldingsLtdMember" xlink:label="irsa_TourismAndRecreationHoldingsLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TourismAndRecreationHoldingsLtdMember" xlink:to="irsa_TourismAndRecreationHoldingsLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TourismAndRecreationHoldingsLtdMember_lbl" xml:lang="en-US">Tourism &amp; Recreation Holdings Ltd [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BancoHipotecarioSAMember" xlink:label="irsa_BancoHipotecarioSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BancoHipotecarioSAMember" xlink:to="irsa_BancoHipotecarioSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BancoHipotecarioSAMember_lbl" xml:lang="en-US">Banco Hipotecario [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_HelmirMember" xlink:label="irsa_HelmirMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HelmirMember" xlink:to="irsa_HelmirMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_HelmirMember_lbl" xml:lang="en-US">Helmir [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PuertoRetiroSAMember" xlink:label="irsa_PuertoRetiroSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PuertoRetiroSAMember" xlink:to="irsa_PuertoRetiroSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PuertoRetiroSAMember_lbl" xml:lang="en-US">Puerto Retiro [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AvenidaIncMember" xlink:label="irsa_AvenidaIncMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AvenidaIncMember" xlink:to="irsa_AvenidaIncMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AvenidaIncMember_lbl" xml:lang="en-US">Avenida Inc [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PBSRomaniaMember" xlink:label="irsa_PBSRomaniaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PBSRomaniaMember" xlink:to="irsa_PBSRomaniaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PBSRomaniaMember_lbl" xml:lang="en-US">PBS-Romania [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SecdoAndSixGillMember" xlink:label="irsa_SecdoAndSixGillMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SecdoAndSixGillMember" xlink:to="irsa_SecdoAndSixGillMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SecdoAndSixGillMember_lbl" xml:lang="en-US">Secdo / SixGill [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SecuredTouchMember" xlink:label="irsa_SecuredTouchMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SecuredTouchMember" xlink:to="irsa_SecuredTouchMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SecuredTouchMember_lbl" xml:lang="en-US">Secured Touch [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OpenLegacyMember" xlink:label="irsa_OpenLegacyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OpenLegacyMember" xlink:to="irsa_OpenLegacyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OpenLegacyMember_lbl" xml:lang="en-US">Open Legacy [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_QualityInvestSAMember" xlink:to="irsa_QualityInvestSAMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_QualityInvestSAMember_2_lbl" xml:lang="en-US">Quality [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NonadjustingEvents1Member" xlink:label="irsa_NonadjustingEvents1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonadjustingEvents1Member" xlink:to="irsa_NonadjustingEvents1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NonadjustingEvents1Member_lbl" xml:lang="en-US">Non-Adjusting Events After Reporting Period [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DebenturesSERIESMMember" xlink:label="irsa_DebenturesSERIESMMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DebenturesSERIESMMember" xlink:to="irsa_DebenturesSERIESMMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DebenturesSERIESMMember_lbl" xml:lang="en-US">SERIES M [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IDBTourism2009LtdMember" xlink:label="irsa_IDBTourism2009LtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IDBTourism2009LtdMember" xlink:to="irsa_IDBTourism2009LtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IDBTourism2009LtdMember_lbl" xml:lang="en-US">IDB Tourism (2009) Ltd [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ClalHoldingsInsuranceEnterprisesLtdMember" xlink:label="irsa_ClalHoldingsInsuranceEnterprisesLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ClalHoldingsInsuranceEnterprisesLtdMember" xlink:to="irsa_ClalHoldingsInsuranceEnterprisesLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ClalHoldingsInsuranceEnterprisesLtdMember_lbl" xml:lang="en-US">Clal Holdings Insurance Enterprises Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IDBGroupInvestmentIncMember" xlink:label="irsa_IDBGroupInvestmentIncMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IDBGroupInvestmentIncMember" xlink:to="irsa_IDBGroupInvestmentIncMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IDBGroupInvestmentIncMember_lbl" xml:lang="en-US">IDB Group Investment Inc. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DecreaseInQuotedProcesOfEquitySecuritiesAndInDerivativeFinancialInstrumentsPortfolioMember" xlink:label="irsa_DecreaseInQuotedProcesOfEquitySecuritiesAndInDerivativeFinancialInstrumentsPortfolioMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreaseInQuotedProcesOfEquitySecuritiesAndInDerivativeFinancialInstrumentsPortfolioMember" xlink:to="irsa_DecreaseInQuotedProcesOfEquitySecuritiesAndInDerivativeFinancialInstrumentsPortfolioMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DecreaseInQuotedProcesOfEquitySecuritiesAndInDerivativeFinancialInstrumentsPortfolioMember_lbl" xml:lang="en-US">10% Decrease In Quoted Proces Of Equity Securities And In Derivative Financial Instruments Portfolio [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherPayablesMember" xlink:to="irsa_TradeAndOtherPayablesMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TradeAndOtherPayablesMember_2_lbl" xml:lang="en-US">Trade and Other Payables [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShareholderMember" xlink:label="irsa_ShareholderMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareholderMember" xlink:to="irsa_ShareholderMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShareholderMember_lbl" xml:lang="en-US">IRSA Shareholders' [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_UnconsolidatedSubsidiariesAxis" xlink:label="ifrs-full_UnconsolidatedSubsidiariesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnconsolidatedSubsidiariesAxis" xlink:to="ifrs-full_UnconsolidatedSubsidiariesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnconsolidatedSubsidiariesAxis_lbl" xml:lang="en-US">Unconsolidated subsidiaries [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember" xlink:label="ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember" xlink:to="ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember_lbl" xml:lang="en-US">IRSA's Direct Interest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ECommerceLatinaSAMember" xlink:label="irsa_ECommerceLatinaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ECommerceLatinaSAMember" xlink:to="irsa_ECommerceLatinaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ECommerceLatinaSAMember_lbl" xml:lang="en-US">E-Commerce Latina S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EfanurSAMember" xlink:label="irsa_EfanurSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EfanurSAMember" xlink:to="irsa_EfanurSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_EfanurSAMember_lbl" xml:lang="en-US">Efanur S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_HotelesArgentinosSAMember" xlink:label="irsa_HotelesArgentinosSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HotelesArgentinosSAMember" xlink:to="irsa_HotelesArgentinosSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_HotelesArgentinosSAMember_lbl" xml:lang="en-US">Hoteles Argentinos S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InversoraBolivarSAMember" xlink:label="irsa_InversoraBolivarSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InversoraBolivarSAMember" xlink:to="irsa_InversoraBolivarSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InversoraBolivarSAMember_lbl" xml:lang="en-US">Inversora Bolivar S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LlaoLlaoResortsSAMember" xlink:label="irsa_LlaoLlaoResortsSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LlaoLlaoResortsSAMember" xlink:to="irsa_LlaoLlaoResortsSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LlaoLlaoResortsSAMember_lbl" xml:lang="en-US">Llao Llao Resorts S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NuevasFronterasSAMember" xlink:label="irsa_NuevasFronterasSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NuevasFronterasSAMember" xlink:to="irsa_NuevasFronterasSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NuevasFronterasSAMember_lbl" xml:lang="en-US">Nuevas Fronteras S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PalermoInvestSAMember" xlink:label="irsa_PalermoInvestSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PalermoInvestSAMember" xlink:to="irsa_PalermoInvestSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PalermoInvestSAMember_lbl" xml:lang="en-US">Palermo Invest S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RitelcoSAMember" xlink:label="irsa_RitelcoSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RitelcoSAMember" xlink:to="irsa_RitelcoSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RitelcoSAMember_lbl" xml:lang="en-US">Ritelco S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TyrusSAMember" xlink:label="irsa_TyrusSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TyrusSAMember" xlink:to="irsa_TyrusSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TyrusSAMember_lbl" xml:lang="en-US">Tyrus S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember" xlink:label="ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember" xlink:to="ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember_lbl" xml:lang="en-US">IRSA CP's Direct Interest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ArcosdelGourmetSAMember" xlink:label="irsa_ArcosdelGourmetSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ArcosdelGourmetSAMember" xlink:to="irsa_ArcosdelGourmetSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ArcosdelGourmetSAMember_lbl" xml:lang="en-US">Arcos del Gourmet S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EmprendimientoRecoletaSAMember" xlink:label="irsa_EmprendimientoRecoletaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EmprendimientoRecoletaSAMember" xlink:to="irsa_EmprendimientoRecoletaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_EmprendimientoRecoletaSAMember_lbl" xml:lang="en-US">Emprendimiento Recoleta S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FibesaSAMember" xlink:label="irsa_FibesaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FibesaSAMember" xlink:to="irsa_FibesaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FibesaSAMember_lbl" xml:lang="en-US">Fibesa S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PanamericanMallSAMember" xlink:label="irsa_PanamericanMallSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PanamericanMallSAMember" xlink:to="irsa_PanamericanMallSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PanamericanMallSAMember_lbl" xml:lang="en-US">Panamerican Mall S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShoppingNeuquenSAMember" xlink:label="irsa_ShoppingNeuquenSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShoppingNeuquenSAMember" xlink:to="irsa_ShoppingNeuquenSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShoppingNeuquenSAMember_lbl" xml:lang="en-US">Shopping Neuquen S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TorodurSAMember" xlink:label="irsa_TorodurSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TorodurSAMember" xlink:to="irsa_TorodurSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TorodurSAMember_lbl" xml:lang="en-US">Torodur S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EntertainmentHoldingsSAMember" xlink:label="irsa_EntertainmentHoldingsSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EntertainmentHoldingsSAMember" xlink:to="irsa_EntertainmentHoldingsSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_EntertainmentHoldingsSAMember_lbl" xml:lang="en-US">Entertainment Holdings S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member" xlink:to="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_lbl" xml:lang="en-US">Tyrus S.A.'s Direct Interest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DolphinFundLtdMember" xlink:label="irsa_DolphinFundLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DolphinFundLtdMember" xlink:to="irsa_DolphinFundLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DolphinFundLtdMember_lbl" xml:lang="en-US">Dolphin Fund Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IMadisonLLCMember" xlink:label="irsa_IMadisonLLCMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IMadisonLLCMember" xlink:to="irsa_IMadisonLLCMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IMadisonLLCMember_lbl" xml:lang="en-US">I Madison LLC [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IRSADevelopmentLPMember" xlink:label="irsa_IRSADevelopmentLPMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IRSADevelopmentLPMember" xlink:to="irsa_IRSADevelopmentLPMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IRSADevelopmentLPMember_lbl" xml:lang="en-US">IRSA Development LP [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IRSAInternationalLLCMember" xlink:label="irsa_IRSAInternationalLLCMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IRSAInternationalLLCMember" xlink:to="irsa_IRSAInternationalLLCMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IRSAInternationalLLCMember_lbl" xml:lang="en-US">IRSA International LLC [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_JiwinSAMember" xlink:label="irsa_JiwinSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_JiwinSAMember" xlink:to="irsa_JiwinSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_JiwinSAMember_lbl" xml:lang="en-US">Jiwin S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LiveckSAMember" xlink:label="irsa_LiveckSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LiveckSAMember" xlink:to="irsa_LiveckSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LiveckSAMember_lbl" xml:lang="en-US">Liveck S.A. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RealEstateInvestmentGroupIVLPREIGIVMember" xlink:label="irsa_RealEstateInvestmentGroupIVLPREIGIVMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstateInvestmentGroupIVLPREIGIVMember" xlink:to="irsa_RealEstateInvestmentGroupIVLPREIGIVMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RealEstateInvestmentGroupIVLPREIGIVMember_lbl" xml:lang="en-US">Real Estate Investment Group IV LP (REIG IV) [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RealEstateInvestmentGroupVLPMember" xlink:label="irsa_RealEstateInvestmentGroupVLPMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstateInvestmentGroupVLPMember" xlink:to="irsa_RealEstateInvestmentGroupVLPMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RealEstateInvestmentGroupVLPMember_lbl" xml:lang="en-US">Real Estate Investment Group V LP (REIG V) [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RealEstateStrategiesLLCMember" xlink:label="irsa_RealEstateStrategiesLLCMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstateStrategiesLLCMember" xlink:to="irsa_RealEstateStrategiesLLCMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RealEstateStrategiesLLCMember_lbl" xml:lang="en-US">Real Estate Strategies LLC [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member" xlink:to="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member_lbl" xml:lang="en-US">Efanur S.A.'s Direct Interest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RealEstateInvestmentGroupVIILPREIGVIIMember" xlink:label="irsa_RealEstateInvestmentGroupVIILPREIGVIIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstateInvestmentGroupVIILPREIGVIIMember" xlink:to="irsa_RealEstateInvestmentGroupVIILPREIGVIIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RealEstateInvestmentGroupVIILPREIGVIIMember_lbl" xml:lang="en-US">Real Estate Investment Group VII LP (REIG VII) [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member" xlink:to="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member_lbl" xml:lang="en-US">DFL's Direct Interest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity4Member" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity4Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity4Member" xlink:to="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity4Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity4Member_lbl" xml:lang="en-US">DIL's Direct Interest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member" xlink:to="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member_lbl" xml:lang="en-US">IDBD's Direct Interest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member" xlink:to="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member_lbl" xml:lang="en-US">DIC's Direct Interest [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BartanHoldingsandInvestmentsLtdMember" xlink:label="irsa_BartanHoldingsandInvestmentsLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BartanHoldingsandInvestmentsLtdMember" xlink:to="irsa_BartanHoldingsandInvestmentsLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BartanHoldingsandInvestmentsLtdMember_lbl" xml:lang="en-US">Bartan Holdings and Investments Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EpsilonInvestmentHouseLtdMember" xlink:label="irsa_EpsilonInvestmentHouseLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EpsilonInvestmentHouseLtdMember" xlink:to="irsa_EpsilonInvestmentHouseLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_EpsilonInvestmentHouseLtdMember_lbl" xml:lang="en-US">Epsilon Investment House Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UTIRSAAndGaleriasPacificoMember" xlink:label="irsa_UTIRSAAndGaleriasPacificoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UTIRSAAndGaleriasPacificoMember" xlink:to="irsa_UTIRSAAndGaleriasPacificoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UTIRSAAndGaleriasPacificoMember_lbl" xml:lang="en-US">U.T. IRSA And Galerias Pacifico [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CentroDeEntretenimientoLaPlataMember" xlink:label="irsa_CentroDeEntretenimientoLaPlataMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CentroDeEntretenimientoLaPlataMember" xlink:to="irsa_CentroDeEntretenimientoLaPlataMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CentroDeEntretenimientoLaPlataMember_lbl" xml:lang="en-US">Centro De Entretenimiento La Plata [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DolphinILInvestmentLtdMember" xlink:label="irsa_DolphinILInvestmentLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DolphinILInvestmentLtdMember" xlink:to="irsa_DolphinILInvestmentLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DolphinILInvestmentLtdMember_lbl" xml:lang="en-US">Dolphin IL Investment Ltd. [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DocumentAndEntityInformationAbstract" xlink:label="irsa_DocumentAndEntityInformationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DocumentAndEntityInformationAbstract" xlink:to="irsa_DocumentAndEntityInformationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DocumentAndEntityInformationAbstract_lbl" xml:lang="en-US">Document And Entity Information</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity a Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity's Reporting Status Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity a Voluntary Filer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US">Statement of financial position [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AssetsAbstract" xlink:label="ifrs-full_AssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAbstract" xlink:to="ifrs-full_AssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AssetsAbstract_lbl" xml:lang="en-US">ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentAssetsAbstract" xlink:label="ifrs-full_NoncurrentAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsAbstract" xlink:to="ifrs-full_NoncurrentAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentAssetsAbstract_lbl" xml:lang="en-US">Non-current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InvestmentProperty" xlink:label="ifrs-full_InvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentProperty_lbl" xml:lang="en-US">Investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="ifrs-full_PropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xml:lang="en-US">Property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradingProperties" xlink:label="irsa_TradingProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingProperties" xlink:to="irsa_TradingProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradingProperties_lbl" xml:lang="en-US">Trading properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Goodwill" xlink:label="ifrs-full_Goodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Goodwill" xlink:to="ifrs-full_Goodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Goodwill_lbl" xml:lang="en-US">Intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherAssets" xlink:label="ifrs-full_OtherAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAssets" xlink:to="ifrs-full_OtherAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherAssets_lbl" xml:lang="en-US">Other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:label="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_lbl" xml:lang="en-US">Investments in associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxAssets" xlink:label="ifrs-full_DeferredTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxAssets" xlink:to="ifrs-full_DeferredTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxAssets_lbl" xml:lang="en-US">Deferred income tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomeTaxCredit" xlink:label="irsa_IncomeTaxCredit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxCredit" xlink:to="irsa_IncomeTaxCredit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncomeTaxCredit_lbl" xml:lang="en-US">Income tax and MPIT credit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:label="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_lbl" xml:lang="en-US">Restricted assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentReceivables" xlink:label="ifrs-full_NoncurrentReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentReceivables" xlink:to="ifrs-full_NoncurrentReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentReceivables_lbl" xml:lang="en-US">Trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherNoncurrentFinancialAssets" xlink:label="ifrs-full_OtherNoncurrentFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentFinancialAssets" xlink:to="ifrs-full_OtherNoncurrentFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNoncurrentFinancialAssets_lbl" xml:lang="en-US">Investments in financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialAssetsHeldForSale" xlink:label="irsa_FinancialAssetsHeldForSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsHeldForSale" xlink:to="irsa_FinancialAssetsHeldForSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialAssetsHeldForSale_lbl" xml:lang="en-US">Financial assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentDerivativeFinancialAssets_lbl" xml:lang="en-US">Derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="ifrs-full_NoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentAssets_lbl" xml:lang="en-US">Total non-current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentAssetsAbstract" xlink:label="ifrs-full_CurrentAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsAbstract" xlink:to="ifrs-full_CurrentAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssetsAbstract_lbl" xml:lang="en-US">Current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherPropertyPlantAndEquipment" xlink:label="ifrs-full_OtherPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipment" xlink:to="ifrs-full_OtherPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherPropertyPlantAndEquipment_lbl" xml:lang="en-US">Trading properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Inventories" xlink:label="ifrs-full_Inventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Inventories" xlink:to="ifrs-full_Inventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Inventories_lbl" xml:lang="en-US">Inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:label="ifrs-full_CurrentRestrictedCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentRestrictedCashAndCashEquivalents" xlink:to="ifrs-full_CurrentRestrictedCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentRestrictedCashAndCashEquivalents_lbl" xml:lang="en-US">Restricted assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentTaxAssetsCurrent" xlink:label="ifrs-full_CurrentTaxAssetsCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxAssetsCurrent" xlink:to="ifrs-full_CurrentTaxAssetsCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentTaxAssetsCurrent_lbl" xml:lang="en-US">Income tax and MPIT credit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:label="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_lbl" xml:lang="en-US">Group of assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl" xml:lang="en-US">Trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherCurrentFinancialAssets" xlink:label="ifrs-full_OtherCurrentFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentFinancialAssets" xlink:to="ifrs-full_OtherCurrentFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherCurrentFinancialAssets_lbl" xml:lang="en-US">Investments in financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentFinancialAssetsAvailableforsale" xlink:label="ifrs-full_CurrentFinancialAssetsAvailableforsale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialAssetsAvailableforsale" xlink:to="ifrs-full_CurrentFinancialAssetsAvailableforsale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentFinancialAssetsAvailableforsale_lbl" xml:lang="en-US">Financial assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentDerivativeFinancialAssets" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="ifrs-full_CurrentDerivativeFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_lbl" xml:lang="en-US">Derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="ifrs-full_CashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xml:lang="en-US">Cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="ifrs-full_CurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentAssets_lbl" xml:lang="en-US">Total current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Assets" xlink:label="ifrs-full_Assets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Assets_lbl" xml:lang="en-US">TOTAL ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityAbstract" xlink:label="ifrs-full_EquityAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAbstract" xlink:to="ifrs-full_EquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAbstract_lbl" xml:lang="en-US">SHAREHOLDERS' EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent_lbl" xml:lang="en-US">Shareholders' equity attributable to equity holders of the parent (according to corresponding statement)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncontrollingInterests" xlink:label="ifrs-full_NoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterests" xlink:to="ifrs-full_NoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncontrollingInterests_lbl" xml:lang="en-US">Non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Equity" xlink:label="ifrs-full_Equity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US">TOTAL SHAREHOLDERS' EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LiabilitiesAbstract" xlink:label="ifrs-full_LiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesAbstract" xlink:to="ifrs-full_LiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilitiesAbstract_lbl" xml:lang="en-US">LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentLiabilitiesAbstract" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="ifrs-full_NoncurrentLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract_lbl" xml:lang="en-US">Non-current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LongtermBorrowings" xlink:label="ifrs-full_LongtermBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LongtermBorrowings_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="ifrs-full_DeferredTaxLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilities_lbl" xml:lang="en-US">Deferred income tax liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentPayables" xlink:label="ifrs-full_NoncurrentPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentPayables" xlink:to="ifrs-full_NoncurrentPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentPayables_lbl" xml:lang="en-US">Trade and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentProvisions" xlink:label="ifrs-full_NoncurrentProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisions" xlink:to="ifrs-full_NoncurrentProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentProvisions_lbl" xml:lang="en-US">Provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:to="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentProvisionsForEmployeeBenefits_lbl" xml:lang="en-US">Employee benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:label="ifrs-full_OtherNoncurrentFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:to="ifrs-full_OtherNoncurrentFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherNoncurrentFinancialLiabilities_lbl" xml:lang="en-US">Derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SalariesAndSocialSecurityLiabilities" xlink:label="irsa_SalariesAndSocialSecurityLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalariesAndSocialSecurityLiabilities" xlink:to="irsa_SalariesAndSocialSecurityLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SalariesAndSocialSecurityLiabilities_lbl" xml:lang="en-US">Salaries and social security liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="ifrs-full_NoncurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentLiabilities_lbl" xml:lang="en-US">Total non-current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentLiabilitiesAbstract" xlink:label="ifrs-full_CurrentLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilitiesAbstract" xlink:to="ifrs-full_CurrentLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilitiesAbstract_lbl" xml:lang="en-US">Current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherCurrentPayables" xlink:label="ifrs-full_TradeAndOtherCurrentPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_lbl" xml:lang="en-US">Trade and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShorttermBorrowings" xlink:label="ifrs-full_ShorttermBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermBorrowings" xlink:to="ifrs-full_ShorttermBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ShorttermBorrowings_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentProvisions" xlink:label="ifrs-full_CurrentProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentProvisions" xlink:to="ifrs-full_CurrentProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentProvisions_lbl" xml:lang="en-US">Provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:label="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_lbl" xml:lang="en-US">Group of liabilities held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SalariesAndSocialSecurityLiabilitiesCurrent" xlink:label="irsa_SalariesAndSocialSecurityLiabilitiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalariesAndSocialSecurityLiabilitiesCurrent" xlink:to="irsa_SalariesAndSocialSecurityLiabilitiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_SalariesAndSocialSecurityLiabilitiesCurrent_lbl" xml:lang="en-US">Salaries and social security liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl" xml:lang="en-US">Income tax and MPIT liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherCurrentFinancialLiabilities" xlink:label="ifrs-full_OtherCurrentFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentFinancialLiabilities" xlink:to="ifrs-full_OtherCurrentFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherCurrentFinancialLiabilities_lbl" xml:lang="en-US">Derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="ifrs-full_CurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentLiabilities_lbl" xml:lang="en-US">Total current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Liabilities" xlink:label="ifrs-full_Liabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Liabilities_lbl" xml:lang="en-US">TOTAL LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:label="ifrs-full_EquityAndLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xml:lang="en-US">TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="ifrs-full_IncomeStatementAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeStatementAbstract" xlink:to="ifrs-full_IncomeStatementAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeStatementAbstract_lbl" xml:lang="en-US">Profit or loss [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Revenue" xlink:label="ifrs-full_Revenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Revenue_lbl" xml:lang="en-US">Revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CostOfSales" xlink:label="ifrs-full_CostOfSales" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CostOfSales_lbl" xml:lang="en-US">Costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GrossProfit" xlink:label="ifrs-full_GrossProfit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_GrossProfit_lbl" xml:lang="en-US">Gross profit</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties" xlink:label="irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties" xlink:to="irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties_lbl" xml:lang="en-US">Net gain from fair value adjustment of investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GeneralAndAdministrativeExpense" xlink:label="ifrs-full_GeneralAndAdministrativeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeneralAndAdministrativeExpense" xlink:to="ifrs-full_GeneralAndAdministrativeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US">General and administrative expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_SellingExpense" xlink:label="ifrs-full_SellingExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SellingExpense" xlink:to="ifrs-full_SellingExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_SellingExpense_lbl" xml:lang="en-US">Selling expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="ifrs-full_OtherOperatingIncomeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherOperatingIncomeExpense_lbl" xml:lang="en-US">Other operating results, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="ifrs-full_ProfitLossFromOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl" xml:lang="en-US">Profit / (loss) from operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xml:lang="en-US">Share of (loss) / profit of associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax" xlink:label="irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax" xlink:to="irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax_lbl" xml:lang="en-US">Profit before financial results and income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinanceIncome" xlink:label="ifrs-full_FinanceIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncome" xlink:to="ifrs-full_FinanceIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceIncome_lbl" xml:lang="en-US">Finance income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinanceCosts" xlink:label="ifrs-full_FinanceCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_FinanceCosts_lbl" xml:lang="en-US">Finance costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherFinanceIncomeCost" xlink:label="ifrs-full_OtherFinanceIncomeCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceIncomeCost" xlink:to="ifrs-full_OtherFinanceIncomeCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherFinanceIncomeCost_lbl" xml:lang="en-US">Other financial results</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinanceIncomeCost" xlink:label="ifrs-full_FinanceIncomeCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncomeCost" xlink:to="ifrs-full_FinanceIncomeCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_FinanceIncomeCost_lbl" xml:lang="en-US">Financial results, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ifrs-full_ProfitLossBeforeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl" xml:lang="en-US">Profit before income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xml:lang="en-US">Income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossFromContinuingOperations" xlink:label="ifrs-full_ProfitLossFromContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperations" xlink:to="ifrs-full_ProfitLossFromContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossFromContinuingOperations_lbl" xml:lang="en-US">Profit for the year from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:to="ifrs-full_ProfitLossFromDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperations_lbl" xml:lang="en-US">Profit for the year from discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="ifrs-full_ProfitLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLoss_lbl" xml:lang="en-US">Profit for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncomeAbstract" xlink:label="ifrs-full_OtherComprehensiveIncomeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeAbstract" xlink:to="ifrs-full_OtherComprehensiveIncomeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeAbstract_lbl" xml:lang="en-US">Other comprehensive income:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xml:lang="en-US">Items that may be reclassified subsequently to profit or loss:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_lbl" xml:lang="en-US">Currency translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xml:lang="en-US">Share of other comprehensive income of associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RevaluationSurplus1" xlink:label="irsa_RevaluationSurplus1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RevaluationSurplus1" xlink:to="irsa_RevaluationSurplus1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_RevaluationSurplus1_lbl" xml:lang="en-US">Revaluation surplus</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_lbl" xml:lang="en-US">Change in the fair value of Hedging instruments net of income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xml:lang="en-US">Items that may not be reclassified subsequently to profit or loss, net of income tax:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_lbl" xml:lang="en-US">Actuarial profit from defined benefit plans</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherComprehensiveIncomeFromContinuingOperations" xlink:label="irsa_OtherComprehensiveIncomeFromContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherComprehensiveIncomeFromContinuingOperations" xlink:to="irsa_OtherComprehensiveIncomeFromContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_OtherComprehensiveIncomeFromContinuingOperations_lbl" xml:lang="en-US">Other comprehensive income for the year from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherComprehensiveIncomeFromDiscontinuedOperations" xlink:label="irsa_OtherComprehensiveIncomeFromDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherComprehensiveIncomeFromDiscontinuedOperations" xlink:to="irsa_OtherComprehensiveIncomeFromDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherComprehensiveIncomeFromDiscontinuedOperations_lbl" xml:lang="en-US">Other comprehensive income for the year from discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="ifrs-full_OtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl" xml:lang="en-US">Total other comprehensive income for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComprehensiveIncome" xlink:label="ifrs-full_ComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ComprehensiveIncome_lbl" xml:lang="en-US">Total comprehensive income for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComprehensiveIncomeFromContinuingOperations" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperations" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperations_lbl" xml:lang="en-US">Total comprehensive income from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComprehensiveIncomeFromDiscontinuingOperations" xlink:label="irsa_ComprehensiveIncomeFromDiscontinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromDiscontinuingOperations" xlink:to="irsa_ComprehensiveIncomeFromDiscontinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ComprehensiveIncomeFromDiscontinuingOperations_lbl" xml:lang="en-US">Total comprehensive income from discontinued operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncome_2_lbl" xml:lang="en-US">Total comprehensive income for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToAbstract" xlink:label="ifrs-full_ProfitLossAttributableToAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToAbstract" xlink:to="ifrs-full_ProfitLossAttributableToAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToAbstract_lbl" xml:lang="en-US">Profit for the year attributable to:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl" xml:lang="en-US">Equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl" xml:lang="en-US">Non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProfitLossFromContinuingOperationsAttributableToAbstract" xlink:label="irsa_ProfitLossFromContinuingOperationsAttributableToAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitLossFromContinuingOperationsAttributableToAbstract" xlink:to="irsa_ProfitLossFromContinuingOperationsAttributableToAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ProfitLossFromContinuingOperationsAttributableToAbstract_lbl" xml:lang="en-US">Profit / (loss) from continuing operations attributable to:</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent_lbl" xml:lang="en-US">Equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests_lbl" xml:lang="en-US">Non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl" xml:lang="en-US">Total comprehensive income attributable to:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" xml:lang="en-US">Equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" xml:lang="en-US">Non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToAbstract" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToAbstract" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToAbstract_lbl" xml:lang="en-US">Total comprehensive income from continuing operations attributable to:</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1_lbl" xml:lang="en-US">Equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1_lbl" xml:lang="en-US">Non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EarningsPerShareAbstract" xlink:label="ifrs-full_EarningsPerShareAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareAbstract" xlink:to="ifrs-full_EarningsPerShareAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EarningsPerShareAbstract_lbl" xml:lang="en-US">Profit per share attributable to equity holders of the parent:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="ifrs-full_BasicEarningsLossPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BasicEarningsLossPerShare_lbl" xml:lang="en-US">Basic (in pesos per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="ifrs-full_DilutedEarningsLossPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DilutedEarningsLossPerShare_lbl" xml:lang="en-US">Diluted (in pesos per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProfitFromContinuingOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract" xlink:label="irsa_ProfitFromContinuingOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitFromContinuingOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract" xlink:to="irsa_ProfitFromContinuingOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ProfitFromContinuingOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract_lbl" xml:lang="en-US">Profit per share from continuing operations attributable to equity holders of the parent:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:label="ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:to="ifrs-full_BasicEarningsLossPerShareFromContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BasicEarningsLossPerShareFromContinuingOperations_lbl" xml:lang="en-US">Basic (in pesos per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:label="ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:to="ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations_lbl" xml:lang="en-US">Diluted (in pesos per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_StatementOfChangesInEquityTable" xlink:label="ifrs-full_StatementOfChangesInEquityTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityTable" xlink:to="ifrs-full_StatementOfChangesInEquityTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfChangesInEquityTable_lbl" xml:lang="en-US">Statement of changes in equity [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_StatementOfChangesInEquityLineItems" xlink:label="ifrs-full_StatementOfChangesInEquityLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="ifrs-full_StatementOfChangesInEquityLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfChangesInEquityLineItems_lbl" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfEquityAxis" xlink:to="ifrs-full_ComponentsOfEquityAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ComponentsOfEquityAxis_2_lbl" xml:lang="en-US">Components of equity [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ChangesInEquityAbstract" xlink:label="ifrs-full_ChangesInEquityAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ChangesInEquityAbstract" xlink:to="ifrs-full_ChangesInEquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ChangesInEquityAbstract_lbl" xml:lang="en-US">Changes In Equity [Roll Forward]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EquityBeforeRevaluationAdjustment" xlink:label="irsa_EquityBeforeRevaluationAdjustment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EquityBeforeRevaluationAdjustment" xlink:to="irsa_EquityBeforeRevaluationAdjustment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="irsa_EquityBeforeRevaluationAdjustment_lbl" xml:lang="en-US">Beginning balance</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RevaluationAdjustmentAtFairValueOfInvestmentProperty" xlink:label="irsa_RevaluationAdjustmentAtFairValueOfInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RevaluationAdjustmentAtFairValueOfInvestmentProperty" xlink:to="irsa_RevaluationAdjustmentAtFairValueOfInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RevaluationAdjustmentAtFairValueOfInvestmentProperty_lbl" xml:lang="en-US">Revaluation adjustment at fair value of investment property</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Equity_2_lbl" xml:lang="en-US">Beginning balance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLoss_2_lbl" xml:lang="en-US">(Loss) / Profit for the year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncome_2_lbl" xml:lang="en-US">Other comprehensive income for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OutOfPeriodAdjustments" xlink:label="irsa_OutOfPeriodAdjustments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OutOfPeriodAdjustments" xlink:to="irsa_OutOfPeriodAdjustments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OutOfPeriodAdjustments_lbl" xml:lang="en-US">Out-of-period adjustments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:label="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:to="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary_lbl" xml:lang="en-US">Incorporated by business combination</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination" xlink:label="irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination" xlink:to="irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination_lbl" xml:lang="en-US">Cumulative translation adjustment for interest held before business combination</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners" xlink:to="ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners_lbl" xml:lang="en-US">Irrevocable contributions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:label="ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries" xlink:to="ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries_lbl" xml:lang="en-US">Share of changes in subsidiaries' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CapitalizedContributions" xlink:label="irsa_CapitalizedContributions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalizedContributions" xlink:to="irsa_CapitalizedContributions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CapitalizedContributions_lbl" xml:lang="en-US">Capitalization of contributions at subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IssueOfEquity" xlink:label="ifrs-full_IssueOfEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssueOfEquity_lbl" xml:lang="en-US">Issuance of capital of subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xlink:label="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xlink:to="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings_lbl" xml:lang="en-US">Appropriation of retained earnings approved by Shareholders meeting held</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForSharebasedPayments" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xml:lang="en-US">Reserve for share-based compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl" xml:lang="en-US">Share-based compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReductionOfIssuedCapital" xlink:label="ifrs-full_ReductionOfIssuedCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReductionOfIssuedCapital" xlink:to="ifrs-full_ReductionOfIssuedCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReductionOfIssuedCapital_lbl" xml:lang="en-US">Capital reduction of subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DividendsPaid" xlink:label="ifrs-full_DividendsPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaid" xlink:to="ifrs-full_DividendsPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsPaid_lbl" xml:lang="en-US">Dividends distribution</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ChangesInNoncontrollingInterest" xlink:label="irsa_ChangesInNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ChangesInNoncontrollingInterest" xlink:to="irsa_ChangesInNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ChangesInNoncontrollingInterest_lbl" xml:lang="en-US">Changes in non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl" xml:lang="en-US">Capital contribution from non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl" xlink:label="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl" xlink:to="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl_lbl" xml:lang="en-US">Loss of control in subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReimbursementOfExpiredDividends" xlink:label="irsa_ReimbursementOfExpiredDividends" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReimbursementOfExpiredDividends" xlink:to="irsa_ReimbursementOfExpiredDividends_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReimbursementOfExpiredDividends_lbl" xml:lang="en-US">Dividends reimbursement</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Equity_3_lbl" xml:lang="en-US">Ending balance</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="ifrs-full_StatementOfCashFlowsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfCashFlowsAbstract" xlink:to="ifrs-full_StatementOfCashFlowsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Operating activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid" xlink:label="irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid" xlink:to="irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid_lbl" xml:lang="en-US">Net cash generated from continuing operating activities before income tax paid</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomeTaxAnDMPITPaid" xlink:label="irsa_IncomeTaxAnDMPITPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxAnDMPITPaid" xlink:to="irsa_IncomeTaxAnDMPITPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_IncomeTaxAnDMPITPaid_lbl" xml:lang="en-US">Income tax and MPIT paid</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_lbl" xml:lang="en-US">Net cash generated from continuing operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations_lbl" xml:lang="en-US">Net cash generated from discontinued operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xml:lang="en-US">Net cash generated from operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US">Investing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates" xlink:label="irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates" xlink:to="irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates_lbl" xml:lang="en-US">Increase of interest in associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PurchaseOfInvestmentProperty" xlink:label="ifrs-full_PurchaseOfInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfInvestmentProperty" xlink:to="ifrs-full_PurchaseOfInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfInvestmentProperty_lbl" xml:lang="en-US">Acquisition and improvements of investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:label="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Advanced payments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromSalesOfInvestmentProperty" xlink:label="ifrs-full_ProceedsFromSalesOfInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfInvestmentProperty" xlink:to="ifrs-full_ProceedsFromSalesOfInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSalesOfInvestmentProperty_lbl" xml:lang="en-US">Proceeds from sales of investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Acquisitions and improvements of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Proceeds from sales of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Acquisitions of intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Acquisitions of subsidiaries, net of cash acquired</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities" xlink:label="irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities" xlink:to="irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Net increase of restricted assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures" xlink:label="irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures" xlink:to="irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures_lbl" xml:lang="en-US">Dividends received from associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DividendsReceivedClassifiedAsInvestingActivities" xlink:label="ifrs-full_DividendsReceivedClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsReceivedClassifiedAsInvestingActivities" xlink:to="ifrs-full_DividendsReceivedClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsReceivedClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Dividends received from financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates" xlink:label="irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates" xlink:to="irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates_lbl" xml:lang="en-US">Proceeds from sales of interest held in associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:label="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Proceeds from loans granted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:label="ifrs-full_ProceedsFromSalesOfInterestsInAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:to="ifrs-full_ProceedsFromSalesOfInterestsInAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSalesOfInterestsInAssociates_lbl" xml:lang="en-US">Proceeds from associate liquidation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Acquisitions of investments in financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:label="ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Proceeds from investments in financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:label="ifrs-full_InterestReceivedClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:to="ifrs-full_InterestReceivedClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestReceivedClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Interest received from financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:label="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Payment for acquisition of other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashAdvancesAndLoansMadeToRelatedParties" xlink:label="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties" xlink:to="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties_lbl" xml:lang="en-US">Loans granted to related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LoandGranted" xlink:label="irsa_LoandGranted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LoandGranted" xlink:to="irsa_LoandGranted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LoandGranted_lbl" xml:lang="en-US">Loans granted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_lbl" xml:lang="en-US">Net cash (used in) generated from continuing investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations_lbl" xml:lang="en-US">Net cash (used in) generated from discontinued investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xml:lang="en-US">Net cash (used in) generated from in investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US">Financing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Borrowings and issuance of non-convertible notes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Payment of borrowings and non-convertible notes</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ObtentionPaymentOfShortTermLoansNet" xlink:label="irsa_ObtentionPaymentOfShortTermLoansNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ObtentionPaymentOfShortTermLoansNet" xlink:to="irsa_ObtentionPaymentOfShortTermLoansNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ObtentionPaymentOfShortTermLoansNet_lbl" xml:lang="en-US">Obtention / (payment) of short term loans, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" xlink:label="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" xlink:to="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties_lbl" xml:lang="en-US">Obtention of loans from related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CashAdvancesAndLoansMadeToRelatedParties1" xlink:label="irsa_CashAdvancesAndLoansMadeToRelatedParties1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAdvancesAndLoansMadeToRelatedParties1" xlink:to="irsa_CashAdvancesAndLoansMadeToRelatedParties1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_CashAdvancesAndLoansMadeToRelatedParties1_lbl" xml:lang="en-US">Payment of borrowings to related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:label="ifrs-full_InterestPaidClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestPaidClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Interests paid</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IssuanceOfCapitalInSubsidiaries" xlink:label="irsa_IssuanceOfCapitalInSubsidiaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IssuanceOfCapitalInSubsidiaries" xlink:to="irsa_IssuanceOfCapitalInSubsidiaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IssuanceOfCapitalInSubsidiaries_lbl" xml:lang="en-US">Issuance of capital from subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CapitalDistributionToNonControllingInterestInSubsidiaries" xlink:label="irsa_CapitalDistributionToNonControllingInterestInSubsidiaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalDistributionToNonControllingInterestInSubsidiaries" xlink:to="irsa_CapitalDistributionToNonControllingInterestInSubsidiaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_CapitalDistributionToNonControllingInterestInSubsidiaries_lbl" xml:lang="en-US">Capital distributions to non-controlling interest in subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests" xlink:label="ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests" xlink:to="ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests_lbl" xml:lang="en-US">Capital contributions of non-controlling interest in subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AcquisitionOfNonControllingInterestInSubsidiaries" xlink:label="irsa_AcquisitionOfNonControllingInterestInSubsidiaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AcquisitionOfNonControllingInterestInSubsidiaries" xlink:to="irsa_AcquisitionOfNonControllingInterestInSubsidiaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_AcquisitionOfNonControllingInterestInSubsidiaries_lbl" xml:lang="en-US">Acquisition of non-controlling interest in subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries" xlink:label="irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries" xlink:to="irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries_lbl" xml:lang="en-US">Proceeds from sales of non-controlling interest in subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Dividends paid</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReceiptsFromClaims" xlink:label="irsa_ReceiptsFromClaims" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReceiptsFromClaims" xlink:to="irsa_ReceiptsFromClaims_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReceiptsFromClaims_lbl" xml:lang="en-US">Receipts from claims</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DividendsPaidToNoncontrollingInterests" xlink:label="ifrs-full_DividendsPaidToNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidToNoncontrollingInterests" xlink:to="ifrs-full_DividendsPaidToNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DividendsPaidToNoncontrollingInterests_lbl" xml:lang="en-US">Dividends paid to non-controlling interest in subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AcquisitionOfDerivativeFinancialInstruments" xlink:label="irsa_AcquisitionOfDerivativeFinancialInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AcquisitionOfDerivativeFinancialInstruments" xlink:to="irsa_AcquisitionOfDerivativeFinancialInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_AcquisitionOfDerivativeFinancialInstruments_lbl" xml:lang="en-US">Acquisition of derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProceedsFromDerivativeFinancialInstruments" xlink:label="irsa_ProceedsFromDerivativeFinancialInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProceedsFromDerivativeFinancialInstruments" xlink:to="irsa_ProceedsFromDerivativeFinancialInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ProceedsFromDerivativeFinancialInstruments_lbl" xml:lang="en-US">Proceeds net from derivative financial instruments, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_lbl" xml:lang="en-US">Net cash (used in) generated from continuing financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_lbl" xml:lang="en-US">Net cash generated from (used in) discontinued financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xml:lang="en-US">Net cash (used in) generated from financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations" xlink:label="irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations" xlink:to="irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations_lbl" xml:lang="en-US">Net (decrease) increase in cash and cash equivalents from continuing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations_lbl" xml:lang="en-US">Net increase (decrease) in cash and cash equivalents from discontinued activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale_lbl" xml:lang="en-US">Net decrease in cash and cash equivalents reclassified to held for sale</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SummaryOfSignificantAccountingPoliciesAbstract" xlink:to="irsa_SummaryOfSignificantAccountingPoliciesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SummaryOfSignificantAccountingPoliciesAbstract_lbl" xml:lang="en-US">Summary Of Significant Accounting Policies</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SignificantJudgmentsKeyAssumptionsAndEstimatesAbstract" xlink:label="irsa_SignificantJudgmentsKeyAssumptionsAndEstimatesAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SignificantJudgmentsKeyAssumptionsAndEstimatesAbstract_lbl" xml:lang="en-US">Significant Judgments Key Assumptions And Estimates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AcquisitionsAndDisposalsAbstract" xlink:label="irsa_AcquisitionsAndDisposalsAbstract" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsExplanatory_lbl" xml:lang="en-US">Acquisitions and disposals</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialRiskManagementAndFairValueEstimatesAbstract" xlink:label="irsa_FinancialRiskManagementAndFairValueEstimatesAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialRiskManagementAndFairValueEstimatesAbstract_lbl" xml:lang="en-US">Financial Risk Management And Fair Value Estimates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:label="ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SegmentInformationAbstract" xlink:label="irsa_SegmentInformationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SegmentInformationAbstract" xlink:to="irsa_SegmentInformationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SegmentInformationAbstract_lbl" xml:lang="en-US">Segment Information</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InformationAboutMainSubsidiariesAbstract" xlink:label="irsa_InformationAboutMainSubsidiariesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InformationAboutMainSubsidiariesAbstract" xlink:to="irsa_InformationAboutMainSubsidiariesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InformationAboutMainSubsidiariesAbstract_lbl" xml:lang="en-US">Information About Main Subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentsInAssociatesAndJointVenturesAbstract" xlink:label="irsa_InvestmentsInAssociatesAndJointVenturesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInAssociatesAndJointVenturesAbstract" xlink:to="irsa_InvestmentsInAssociatesAndJointVenturesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentsInAssociatesAndJointVenturesAbstract_lbl" xml:lang="en-US">Investments In Associates And Joint Ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory" xlink:label="ifrs-full_DisclosureOfInterestsInOtherEntitiesExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentPropertiesAbstract" xlink:label="irsa_InvestmentPropertiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentPropertiesAbstract" xlink:to="irsa_InvestmentPropertiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentPropertiesAbstract_lbl" xml:lang="en-US">Investment Properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInvestmentPropertyExplanatory" xlink:label="ifrs-full_DisclosureOfInvestmentPropertyExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfInvestmentPropertyExplanatory_lbl" xml:lang="en-US">Investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US">Property, plant and equipment [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradingPropertiesAbstract" xlink:label="irsa_TradingPropertiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesAbstract" xlink:to="irsa_TradingPropertiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradingPropertiesAbstract_lbl" xml:lang="en-US">Trading Properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfTradingPropertiesExplanatory" xlink:label="irsa_DisclosureOfTradingPropertiesExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DisclosureOfTradingPropertiesExplanatory_lbl" xml:lang="en-US">Trading properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IntangibleAssetsAbstract" xlink:label="irsa_IntangibleAssetsAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IntangibleAssetsAbstract_lbl" xml:lang="en-US">Intangible Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl" xml:lang="en-US">Intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialInstrumentsByCategoryAbstract" xlink:label="irsa_FinancialInstrumentsByCategoryAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialInstrumentsByCategoryAbstract_lbl" xml:lang="en-US">Financial Instruments By Category</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherReceivablesAbstract" xlink:label="ifrs-full_TradeAndOtherReceivablesAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CashFlowInformationAbstract_lbl" xml:lang="en-US">Cash Flow Information</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareholdersEquityAbstract" xlink:to="irsa_ShareholdersEquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShareholdersEquityAbstract_lbl" xml:lang="en-US">Shareholders Equity</link:label>
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherPayablesAbstract" xlink:label="ifrs-full_TradeAndOtherPayablesAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayablesAbstract_lbl" xml:lang="en-US">Trade and other payables [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl" xml:lang="en-US">Trade and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProvisionsAbstract" xlink:label="ifrs-full_ProvisionsAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProvisionsAbstract_lbl" xml:lang="en-US">Provisions [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfProvisionsExplanatory" xlink:label="ifrs-full_DisclosureOfProvisionsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfProvisionsExplanatory_lbl" xml:lang="en-US">Provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BorrowingsAbstract" xlink:label="ifrs-full_BorrowingsAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsAbstract_lbl" xml:lang="en-US">Borrowings [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomeTaxAbstract" xlink:label="irsa_IncomeTaxAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxAbstract" xlink:to="irsa_IncomeTaxAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncomeTaxAbstract_lbl" xml:lang="en-US">Income Tax</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Leases1Abstract" xlink:label="irsa_Leases1Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Leases1Abstract" xlink:to="irsa_Leases1Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Leases1Abstract_lbl" xml:lang="en-US">Leases</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfLeasesExplanatory" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory_lbl" xml:lang="en-US">Leases</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueAbstract" xlink:label="ifrs-full_RevenueAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueAbstract_lbl" xml:lang="en-US">Revenue [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfRevenueExplanatory" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory_lbl" xml:lang="en-US">Revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ExpensesByNatureAbstract" xlink:label="irsa_ExpensesByNatureAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExpensesByNatureAbstract" xlink:to="irsa_ExpensesByNatureAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ExpensesByNatureAbstract_lbl" xml:lang="en-US">Expenses By Nature</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfExpensesByNatureExplanatory" xlink:label="ifrs-full_DisclosureOfExpensesByNatureExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfExpensesByNatureExplanatory_lbl" xml:lang="en-US">Expenses by nature</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CostOfGoodsSoldAndServicesProvidedAbstract" xlink:label="irsa_CostOfGoodsSoldAndServicesProvidedAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CostOfGoodsSoldAndServicesProvidedAbstract" xlink:to="irsa_CostOfGoodsSoldAndServicesProvidedAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CostOfGoodsSoldAndServicesProvidedAbstract_lbl" xml:lang="en-US">Cost Of Goods Sold And Services Provided</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfCostOfSalesExplanatory" xlink:label="ifrs-full_DisclosureOfCostOfSalesExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCostOfSalesExplanatory_lbl" xml:lang="en-US">Cost of goods sold and services provided</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherOperatingResultsNetAbstract" xlink:label="irsa_OtherOperatingResultsNetAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherOperatingResultsNetAbstract" xlink:to="irsa_OtherOperatingResultsNetAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherOperatingResultsNetAbstract_lbl" xml:lang="en-US">Other Operating Results Net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfOtherOperatingExpenseExplanatory_lbl" xml:lang="en-US">Other operating results, net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialResultsNetAbstract" xlink:label="irsa_FinancialResultsNetAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialResultsNetAbstract" xlink:to="irsa_FinancialResultsNetAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialResultsNetAbstract_lbl" xml:lang="en-US">Financial Results Net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfFinancialResultsNetExplanatory" xlink:label="irsa_DisclosureOfFinancialResultsNetExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfFinancialResultsNetExplanatory_lbl" xml:lang="en-US">Financial results, net</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_EarningsPerShareAbstract_2_lbl" xml:lang="en-US">Earnings per share [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_EarningsPerShareExplanatory" xlink:label="ifrs-full_EarningsPerShareExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EarningsPerShareExplanatory_lbl" xml:lang="en-US">Earnings per share</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EmployeeBenefitsAbstract" xlink:label="irsa_EmployeeBenefitsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EmployeeBenefitsAbstract" xlink:to="irsa_EmployeeBenefitsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_EmployeeBenefitsAbstract_lbl" xml:lang="en-US">Employee Benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl" xml:lang="en-US">Employee benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RelatedPartyTransactionsAbstract" xlink:label="ifrs-full_RelatedPartyTransactionsAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RelatedPartyTransactionsAbstract_lbl" xml:lang="en-US">Related party transactions [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:label="ifrs-full_DisclosureOfRelatedPartyExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfRelatedPartyExplanatory_lbl" xml:lang="en-US">Related party transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ForeignCurrencyAssetsAndLiabilitiesAbstract" xlink:label="irsa_ForeignCurrencyAssetsAndLiabilitiesAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ForeignCurrencyAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US">Foreign Currency Assets And Liabilities</link:label>
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GroupsOfAssetsAndLiabilitiesHeldForSaleAbstract" xlink:label="irsa_GroupsOfAssetsAndLiabilitiesHeldForSaleAbstract" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfGroupsOfAssetsAndLiabilitiesHeldForSaleExplanatory" xlink:label="irsa_DisclosureOfGroupsOfAssetsAndLiabilitiesHeldForSaleExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GroupsOfAssetsAndLiabilitiesHeldForSalePolicyExplanatory" xlink:label="irsa_GroupsOfAssetsAndLiabilitiesHeldForSalePolicyExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DescriptionOfAccountingPolicyOnerousContractsExplanatory" xlink:label="irsa_DescriptionOfAccountingPolicyOnerousContractsExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CurrentIncomeTaxDeferredIncomeTaxAndMinimumPresumedIncomeTaxPolicyExplanatory" xlink:label="irsa_CurrentIncomeTaxDeferredIncomeTaxAndMinimumPresumedIncomeTaxPolicyExplanatory" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareCapitalPolicyExplanatory" xlink:to="irsa_ShareCapitalPolicyExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShareCapitalPolicyExplanatory_lbl" xml:lang="en-US">Share capital</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComparabilityOfInformationPolicyExplanatory" xlink:label="irsa_ComparabilityOfInformationPolicyExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComparabilityOfInformationPolicyExplanatory" xlink:to="irsa_ComparabilityOfInformationPolicyExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ComparabilityOfInformationPolicyExplanatory_lbl" xml:lang="en-US">Comparability of information</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OutofperiodAdjustmentPolicyExplanatory" xlink:label="irsa_OutofperiodAdjustmentPolicyExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OutofperiodAdjustmentPolicyExplanatory" xlink:to="irsa_OutofperiodAdjustmentPolicyExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OutofperiodAdjustmentPolicyExplanatory_lbl" xml:lang="en-US">Out-of-period adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory" xlink:label="irsa_DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory" xlink:to="irsa_DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory_lbl" xml:lang="en-US">Schedule of income and other comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfConsolidatedAndSeparateFinancialStatementsExplanatory" xlink:label="ifrs-full_DisclosureOfConsolidatedAndSeparateFinancialStatementsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfConsolidatedAndSeparateFinancialStatementsExplanatory" xlink:to="ifrs-full_DisclosureOfConsolidatedAndSeparateFinancialStatementsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfConsolidatedAndSeparateFinancialStatementsExplanatory_lbl" xml:lang="en-US">Schedule of financial position</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory" xlink:label="irsa_DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory" xlink:to="irsa_DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory_lbl" xml:lang="en-US">Schedule of business through several operating and investment companies</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfUsefulLifeExplanatory" xlink:label="irsa_DisclosureOfUsefulLifeExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfUsefulLifeExplanatory" xlink:to="irsa_DisclosureOfUsefulLifeExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfUsefulLifeExplanatory_lbl" xml:lang="en-US">Schedule of useful life</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesExplanatory" xlink:label="ifrs-full_DisclosureOfChangesInAccountingEstimatesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfChangesInAccountingEstimatesExplanatory" xlink:to="ifrs-full_DisclosureOfChangesInAccountingEstimatesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfChangesInAccountingEstimatesExplanatory_lbl" xml:lang="en-US">Schedule of complexity, judgment or estimations involved in their application</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:to="ifrs-full_DisclosureOfBusinessCombinationsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsTable_lbl" xml:lang="en-US">Disclosure of detailed information about business combination [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:to="ifrs-full_DisclosureOfBusinessCombinationsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsLineItems_lbl" xml:lang="en-US">Disclosure of detailed information about business combination [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BusinessCombinationsAxis" xlink:to="ifrs-full_BusinessCombinationsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BusinessCombinationsAxis_2_lbl" xml:lang="en-US">Business combinations [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory_lbl" xml:lang="en-US">Schedule of consideration and fair value of the acquired assets and the liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory" xlink:label="ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory" xlink:to="ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory_lbl" xml:lang="en-US">Schedule of deconsolidated the subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ScheduleOfNetAssetsDisposedTextBlock" xlink:label="irsa_ScheduleOfNetAssetsDisposedTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfNetAssetsDisposedTextBlock" xlink:to="irsa_ScheduleOfNetAssetsDisposedTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ScheduleOfNetAssetsDisposedTextBlock_lbl" xml:lang="en-US">Schedule of net assets disposed</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory" xlink:label="irsa_DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory" xlink:to="irsa_DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory_lbl" xml:lang="en-US">Schedule of net carrying amounts of the Company's financial instruments broken down by the functional currencies</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MaturityAnalysisForDerivativeFinancialLiabilities" xlink:label="ifrs-full_MaturityAnalysisForDerivativeFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaturityAnalysisForDerivativeFinancialLiabilities" xlink:to="ifrs-full_MaturityAnalysisForDerivativeFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MaturityAnalysisForDerivativeFinancialLiabilities_lbl" xml:lang="en-US">Schedule of Group's derivative financial liabilities to the contractual maturity date.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory" xlink:label="irsa_DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory" xlink:to="irsa_DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory_lbl" xml:lang="en-US">Schedule of Group's key metrics in relation to managing its capital structure</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:label="ifrs-full_DisclosureOfGeographicalAreasExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:to="ifrs-full_DisclosureOfGeographicalAreasExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfGeographicalAreasExplanatory_lbl" xml:lang="en-US">Schedule of Group's lines of business and a reconciliation between the results from operations as per segment information</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl" xml:lang="en-US">Schedule of lines of business of groups operations center</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory" xlink:label="ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory" xlink:to="ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory_lbl" xml:lang="en-US">Schedule of subsidiaries with significant non-controlling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfJointVenturesExplanatory" xlink:label="ifrs-full_DisclosureOfJointVenturesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfJointVenturesExplanatory" xlink:to="ifrs-full_DisclosureOfJointVenturesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfJointVenturesExplanatory_lbl" xml:lang="en-US">Schedule of Group's investments in joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory" xlink:label="irsa_DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory" xlink:to="irsa_DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory_lbl" xml:lang="en-US">Schedule of additional information related to the Groups investment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfFinancialInformationOfTheJointVenturesExplanatory" xlink:label="irsa_DisclosureOfFinancialInformationOfTheJointVenturesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfFinancialInformationOfTheJointVenturesExplanatory" xlink:to="irsa_DisclosureOfFinancialInformationOfTheJointVenturesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfFinancialInformationOfTheJointVenturesExplanatory_lbl" xml:lang="en-US">Schedule of financial information of the joint ventures considered to be material</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_lbl" xml:lang="en-US">Schedule of investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ScheduleOfInvestmentPropertyOfTheGroup" xlink:label="irsa_ScheduleOfInvestmentPropertyOfTheGroup" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfInvestmentPropertyOfTheGroup" xlink:to="irsa_ScheduleOfInvestmentPropertyOfTheGroup_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ScheduleOfInvestmentPropertyOfTheGroup_lbl" xml:lang="en-US">Schedule of investment property of the Group</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory" xlink:label="irsa_DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory" xlink:to="irsa_DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory_lbl" xml:lang="en-US">Schedule of recognized in the Statements of Income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory_lbl" xml:lang="en-US">Schedule of fair value measurements of investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl" xml:lang="en-US">Schedule of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradingPropertiesExplanatory" xlink:label="irsa_TradingPropertiesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesExplanatory" xlink:to="irsa_TradingPropertiesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradingPropertiesExplanatory_lbl" xml:lang="en-US">Schedule of trading properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl" xml:lang="en-US">Schedule of intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_lbl" xml:lang="en-US">Schedule of financial assets and financial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfBookValueOfFinancialInstrumentsRecognizedExplanatory" xlink:label="irsa_DisclosureOfBookValueOfFinancialInstrumentsRecognizedExplanatory" />
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      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfIncomeExpenseGainsOrLossesOfFinancialInstrumentsExplanatory" xlink:label="irsa_DisclosureOfIncomeExpenseGainsOrLossesOfFinancialInstrumentsExplanatory" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfIncomeExpenseGainsOrLossesOfFinancialInstrumentsExplanatory_lbl" xml:lang="en-US">Schedule of income, expense, gains and losses on financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory" xlink:label="irsa_DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory" xlink:to="irsa_DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory_lbl" xml:lang="en-US">Schedule of range of valuation models for the measurement of Level 2 and Level 3 instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfChangesInLevel3InstrumentsExplanatory" xlink:label="irsa_DisclosureOfChangesInLevel3InstrumentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfChangesInLevel3InstrumentsExplanatory" xlink:to="irsa_DisclosureOfChangesInLevel3InstrumentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfChangesInLevel3InstrumentsExplanatory_lbl" xml:lang="en-US">Schedule of changes in Level 3 instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureTradeAndOtherReceivablesExplanatory" xlink:label="irsa_DisclosureTradeAndOtherReceivablesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureTradeAndOtherReceivablesExplanatory" xlink:to="irsa_DisclosureTradeAndOtherReceivablesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureTradeAndOtherReceivablesExplanatory_lbl" xml:lang="en-US">Schedule of trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfAllowanceForCreditLossesExplanatory" xlink:label="ifrs-full_DisclosureOfAllowanceForCreditLossesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAllowanceForCreditLossesExplanatory" xlink:to="ifrs-full_DisclosureOfAllowanceForCreditLossesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfAllowanceForCreditLossesExplanatory_lbl" xml:lang="en-US">Schedule of allowance for doubtful accounts</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory" xlink:label="irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory" xlink:to="irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory_lbl" xml:lang="en-US">Schedule of an aging analysis of past due unimpaired and impaired receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfCashFlowsGeneratedExplanatory" xlink:label="irsa_DisclosureOfCashFlowsGeneratedExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfCashFlowsGeneratedExplanatory" xlink:to="irsa_DisclosureOfCashFlowsGeneratedExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfCashFlowsGeneratedExplanatory_lbl" xml:lang="en-US">Schedule of cash flows generated</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfReclassificationsOrChangesInPresentationExplanatory" xlink:label="ifrs-full_DisclosureOfReclassificationsOrChangesInPresentationExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfReclassificationsOrChangesInPresentationExplanatory" xlink:to="ifrs-full_DisclosureOfReclassificationsOrChangesInPresentationExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfReclassificationsOrChangesInPresentationExplanatory_lbl" xml:lang="en-US">Schedule of reclassification of assets and liabilities held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfSignificantNonCashTransactionsExplanatory" xlink:label="irsa_DisclosureOfSignificantNonCashTransactionsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfSignificantNonCashTransactionsExplanatory" xlink:to="irsa_DisclosureOfSignificantNonCashTransactionsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfSignificantNonCashTransactionsExplanatory_lbl" xml:lang="en-US">Schedule of detail of significant non-cash transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ScheduleOfTradeAndOtherPayablesExplanatory" xlink:label="irsa_ScheduleOfTradeAndOtherPayablesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfTradeAndOtherPayablesExplanatory" xlink:to="irsa_ScheduleOfTradeAndOtherPayablesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ScheduleOfTradeAndOtherPayablesExplanatory_lbl" xml:lang="en-US">Schedule of trade and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:label="ifrs-full_DisclosureOfOtherProvisionsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:to="ifrs-full_DisclosureOfOtherProvisionsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherProvisionsExplanatory_lbl" xml:lang="en-US">Schedule of provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfFairValueOfBorrowingsExplanatory" xlink:label="irsa_DisclosureOfFairValueOfBorrowingsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfFairValueOfBorrowingsExplanatory" xlink:to="irsa_DisclosureOfFairValueOfBorrowingsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfFairValueOfBorrowingsExplanatory_lbl" xml:lang="en-US">Schedule of fair value of borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfMaturityOfTheBorrowingsExplanatory" xlink:label="irsa_DisclosureOfMaturityOfTheBorrowingsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfMaturityOfTheBorrowingsExplanatory" xlink:to="irsa_DisclosureOfMaturityOfTheBorrowingsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfMaturityOfTheBorrowingsExplanatory_lbl" xml:lang="en-US">Schedule of maturity of the group's borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory" xlink:label="irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory" xlink:to="irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory_lbl" xml:lang="en-US">Schedule of borrowing by type of fixed-rate and floating-rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl" xml:lang="en-US">Schedule of debt issuances</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ScheduleOfEvolutionOfBorrowingExplanatory" xlink:label="irsa_ScheduleOfEvolutionOfBorrowingExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfEvolutionOfBorrowingExplanatory" xlink:to="irsa_ScheduleOfEvolutionOfBorrowingExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ScheduleOfEvolutionOfBorrowingExplanatory_lbl" xml:lang="en-US">Schedule of evolution of borrowing</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ScheduleOfIncomeTaxExplanatory" xlink:label="irsa_ScheduleOfIncomeTaxExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfIncomeTaxExplanatory" xlink:to="irsa_ScheduleOfIncomeTaxExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ScheduleOfIncomeTaxExplanatory_lbl" xml:lang="en-US">Schedule of income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfStatutoryTaxesRatesExplanatory" xlink:label="irsa_DisclosureOfStatutoryTaxesRatesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfStatutoryTaxesRatesExplanatory" xlink:to="irsa_DisclosureOfStatutoryTaxesRatesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfStatutoryTaxesRatesExplanatory_lbl" xml:lang="en-US">Schedule of statutory taxes rates</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfReconciliationIncomeTaxExpenseExplanatory" xlink:label="irsa_DisclosureOfReconciliationIncomeTaxExpenseExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfReconciliationIncomeTaxExpenseExplanatory" xlink:to="irsa_DisclosureOfReconciliationIncomeTaxExpenseExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfReconciliationIncomeTaxExpenseExplanatory_lbl" xml:lang="en-US">Schedule of reconciliation of income tax expense</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfDeferredTaxAssetsExplanatory" xlink:label="irsa_DisclosureOfDeferredTaxAssetsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfDeferredTaxAssetsExplanatory" xlink:to="irsa_DisclosureOfDeferredTaxAssetsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfDeferredTaxAssetsExplanatory_lbl" xml:lang="en-US">Schedule of deferred tax assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory" xlink:label="irsa_DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory" xlink:to="irsa_DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory_lbl" xml:lang="en-US">Schedule of movement in the deferred income tax assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfTaxLossCarryForwardExplanatory" xlink:label="irsa_DisclosureOfTaxLossCarryForwardExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfTaxLossCarryForwardExplanatory" xlink:to="irsa_DisclosureOfTaxLossCarryForwardExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfTaxLossCarryForwardExplanatory_lbl" xml:lang="en-US">Schedule of tax loss carry forward</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory" xlink:label="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory" xlink:to="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory_lbl" xml:lang="en-US">Schedule of operating leases</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:label="ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:to="ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory_lbl" xml:lang="en-US">Schedule of revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ScheduleOfExpensesByNatureExplanatory" xlink:label="irsa_ScheduleOfExpensesByNatureExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfExpensesByNatureExplanatory" xlink:to="irsa_ScheduleOfExpensesByNatureExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ScheduleOfExpensesByNatureExplanatory_lbl" xml:lang="en-US">Schedule of expenses by nature</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ScheduleOfCostOfGoodsSoldAndServicesExplanatory" xlink:label="irsa_ScheduleOfCostOfGoodsSoldAndServicesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfCostOfGoodsSoldAndServicesExplanatory" xlink:to="irsa_ScheduleOfCostOfGoodsSoldAndServicesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ScheduleOfCostOfGoodsSoldAndServicesExplanatory_lbl" xml:lang="en-US">Schedule of cost of goods sold and services</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ScheduleOfInventoryTableTextBlock" xlink:label="irsa_ScheduleOfInventoryTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfInventoryTableTextBlock" xlink:to="irsa_ScheduleOfInventoryTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ScheduleOfInventoryTableTextBlock_lbl" xml:lang="en-US">Schedule of inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl" xml:lang="en-US">Schedule of other operating results</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfFinancialResultsExplanatory" xlink:label="irsa_DisclosureOfFinancialResultsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfFinancialResultsExplanatory" xlink:to="irsa_DisclosureOfFinancialResultsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfFinancialResultsExplanatory_lbl" xml:lang="en-US">Schedule of financial results</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfBasicEarningsPerShareExplanatory" xlink:label="irsa_DisclosureOfBasicEarningsPerShareExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfBasicEarningsPerShareExplanatory" xlink:to="irsa_DisclosureOfBasicEarningsPerShareExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfBasicEarningsPerShareExplanatory_lbl" xml:lang="en-US">Schedule of basic earnings per share</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfDilutedEarningsPerShareExplanatory" xlink:label="irsa_DisclosureOfDilutedEarningsPerShareExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfDilutedEarningsPerShareExplanatory" xlink:to="irsa_DisclosureOfDilutedEarningsPerShareExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfDilutedEarningsPerShareExplanatory_lbl" xml:lang="en-US">Schedule of diluted earnings per share</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory" xlink:label="irsa_DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory" xlink:to="irsa_DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory_lbl" xml:lang="en-US">Schedule of movements in the number of matching shares outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory" xlink:label="ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory" xlink:to="ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory_lbl" xml:lang="en-US">Schedule of options pending</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory" xlink:to="ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory_lbl" xml:lang="en-US">Schedule of employee benefits - Israel</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfSeniorManagementRemunerationExplanatory" xlink:label="irsa_DisclosureOfSeniorManagementRemunerationExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfSeniorManagementRemunerationExplanatory" xlink:to="irsa_DisclosureOfSeniorManagementRemunerationExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfSeniorManagementRemunerationExplanatory_lbl" xml:lang="en-US">Schedule of company's senior management</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory" xlink:label="irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory" xlink:to="irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory_lbl" xml:lang="en-US">Schedule of balances with related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ScheduleOfResultsWithRelatedPartiesExplanatory" xlink:label="irsa_ScheduleOfResultsWithRelatedPartiesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfResultsWithRelatedPartiesExplanatory" xlink:to="irsa_ScheduleOfResultsWithRelatedPartiesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ScheduleOfResultsWithRelatedPartiesExplanatory_lbl" xml:lang="en-US">Schedule of results with related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl" xml:lang="en-US">Schedule of transactions with related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfForeignCurrencyAssetsAndLiabilitiesExplanatory" xlink:label="irsa_DisclosureOfForeignCurrencyAssetsAndLiabilitiesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfForeignCurrencyAssetsAndLiabilitiesExplanatory" xlink:to="irsa_DisclosureOfForeignCurrencyAssetsAndLiabilitiesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfForeignCurrencyAssetsAndLiabilitiesExplanatory_lbl" xml:lang="en-US">Schedule of foreign currency assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisclosureOfMainAssetsAndLiabilitiesClassifiedAsHeldForSaleExplanatory" xlink:label="irsa_DisclosureOfMainAssetsAndLiabilitiesClassifiedAsHeldForSaleExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfMainAssetsAndLiabilitiesClassifiedAsHeldForSaleExplanatory" xlink:to="irsa_DisclosureOfMainAssetsAndLiabilitiesClassifiedAsHeldForSaleExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DisclosureOfMainAssetsAndLiabilitiesClassifiedAsHeldForSaleExplanatory_lbl" xml:lang="en-US">Schedule of assets and liabilities classified as held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory" xlink:label="ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory" xlink:to="ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory_lbl" xml:lang="en-US">Schedule of discontinued operations.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NonCurrentDeferredIncomeTaxAssets" xlink:label="irsa_NonCurrentDeferredIncomeTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonCurrentDeferredIncomeTaxAssets" xlink:to="irsa_NonCurrentDeferredIncomeTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_NonCurrentDeferredIncomeTaxAssets_lbl" xml:lang="en-US">Deferred income tax assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentAssets_2_lbl" xml:lang="en-US">Total non-current assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssets_2_lbl" xml:lang="en-US">Total current assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Assets_2_lbl" xml:lang="en-US">TOTAL ASSETS</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAbstract" xlink:to="ifrs-full_EquityAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_EquityAbstract_2_lbl" xml:lang="en-US">Shareholders' equity attributable to equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RetainedEarnings" xlink:label="ifrs-full_RetainedEarnings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarnings" xlink:to="ifrs-full_RetainedEarnings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetainedEarnings_lbl" xml:lang="en-US">Retained earnings</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Equity_4_lbl" xml:lang="en-US">TOTAL SHAREHOLDERS' EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NonCurrentDeferredIncomeTaxLiabilities" xlink:label="irsa_NonCurrentDeferredIncomeTaxLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonCurrentDeferredIncomeTaxLiabilities" xlink:to="irsa_NonCurrentDeferredIncomeTaxLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_NonCurrentDeferredIncomeTaxLiabilities_lbl" xml:lang="en-US">Deferred income tax liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLiabilities_2_lbl" xml:lang="en-US">Total non-current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShorttermBorrowings1" xlink:label="irsa_ShorttermBorrowings1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShorttermBorrowings1" xlink:to="irsa_ShorttermBorrowings1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ShorttermBorrowings1_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CurrentTaxLiabilitiesCurrent1" xlink:label="irsa_CurrentTaxLiabilitiesCurrent1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CurrentTaxLiabilitiesCurrent1" xlink:to="irsa_CurrentTaxLiabilitiesCurrent1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CurrentTaxLiabilitiesCurrent1_lbl" xml:lang="en-US">Income tax and MPIT liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilities_2_lbl" xml:lang="en-US">Total current liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAndLiabilities_2_lbl" xml:lang="en-US">TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable_lbl" xml:lang="en-US">Disclosure of associates [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems_lbl" xml:lang="en-US">Disclosure of associates [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:to="ifrs-full_SignificantInvestmentsInAssociatesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis_2_lbl" xml:lang="en-US">Associates [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CountryOfIncorporationOrResidenceOfAssociate" xlink:label="ifrs-full_CountryOfIncorporationOrResidenceOfAssociate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CountryOfIncorporationOrResidenceOfAssociate" xlink:to="ifrs-full_CountryOfIncorporationOrResidenceOfAssociate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CountryOfIncorporationOrResidenceOfAssociate_lbl" xml:lang="en-US">Country</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_MainActivityOfAssociate" xlink:label="irsa_MainActivityOfAssociate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MainActivityOfAssociate" xlink:to="irsa_MainActivityOfAssociate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_MainActivityOfAssociate_lbl" xml:lang="en-US">Main activity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl" xml:lang="en-US">% of ownership interest held by the Group</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_lbl" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_lbl" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment" xlink:label="ifrs-full_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment" xlink:to="ifrs-full_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UsefulLivesOrDepreciationRatesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Useful life of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract" xlink:label="ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract" xlink:to="ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract_lbl" xml:lang="en-US">Fair value of identifiable assets and assumed liabilities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Properties, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_InventoryRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FairValueOfAcquiredReceivables" xlink:label="ifrs-full_FairValueOfAcquiredReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FairValueOfAcquiredReceivables" xlink:to="ifrs-full_FairValueOfAcquiredReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FairValueOfAcquiredReceivables_lbl" xml:lang="en-US">Trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Trade and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate" xlink:label="irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate" xlink:to="irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Employee benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProvisionsAsOfAcquisitionDate" xlink:label="irsa_ProvisionsAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProvisionsAsOfAcquisitionDate" xlink:to="irsa_ProvisionsAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_ProvisionsAsOfAcquisitionDate_lbl" xml:lang="en-US">Provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:label="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:to="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_lbl" xml:lang="en-US">Total net identifiable assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GoodwillRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Goodwill (pending allocation)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet" xlink:label="irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet" xlink:to="irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents" xlink:label="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents" xlink:to="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents_lbl" xml:lang="en-US">Cash received</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost" xlink:label="irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost" xlink:to="irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost_lbl" xml:lang="en-US">Remediation of the fair value of the remaining interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ConsiderationPaidReceived" xlink:label="ifrs-full_ConsiderationPaidReceived" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ConsiderationPaidReceived" xlink:to="ifrs-full_ConsiderationPaidReceived_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ConsiderationPaidReceived_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013" xlink:label="ifrs-full_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013" xlink:to="ifrs-full_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013_lbl" xml:lang="en-US">Net assets disposed including goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesRecognisedWhenControlInSubsidiaryIsLost" xlink:label="ifrs-full_GainsLossesRecognisedWhenControlInSubsidiaryIsLost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesRecognisedWhenControlInSubsidiaryIsLost" xlink:to="ifrs-full_GainsLossesRecognisedWhenControlInSubsidiaryIsLost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_GainsLossesRecognisedWhenControlInSubsidiaryIsLost_lbl" xml:lang="en-US">Gain from the sale of a subsidiary, net of taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentPropertyAsOfAcquisitionDate" xlink:label="irsa_InvestmentPropertyAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentPropertyAsOfAcquisitionDate" xlink:to="irsa_InvestmentPropertyAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_InvestmentPropertyAsOfAcquisitionDate_lbl" xml:lang="en-US">Investment properties</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate_2_lbl" xml:lang="en-US">Property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate" xlink:label="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate" xlink:to="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate_lbl" xml:lang="en-US">Investments in associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate" xlink:label="irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate" xlink:to="irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Restricted assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate" xlink:label="irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate" xlink:to="irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Investments in financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate" xlink:label="irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate" xlink:to="irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate_lbl" xml:lang="en-US">Derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IdentifiableAssetsAcquired" xlink:label="irsa_IdentifiableAssetsAcquired" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IdentifiableAssetsAcquired" xlink:to="irsa_IdentifiableAssetsAcquired_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_IdentifiableAssetsAcquired_lbl" xml:lang="en-US">TOTAL ASSETS</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate_2_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Deferred income tax liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_2_lbl" xml:lang="en-US">Trade and other payables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProvisionsAsOfAcquisitionDate" xlink:to="irsa_ProvisionsAsOfAcquisitionDate_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ProvisionsAsOfAcquisitionDate_2_lbl" xml:lang="en-US">Provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EmployeeBenefitsAsOfAcquisitionDate" xlink:label="irsa_EmployeeBenefitsAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EmployeeBenefitsAsOfAcquisitionDate" xlink:to="irsa_EmployeeBenefitsAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_EmployeeBenefitsAsOfAcquisitionDate_lbl" xml:lang="en-US">Employee benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate" xlink:label="irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate" xlink:to="irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate_lbl" xml:lang="en-US">Salaries and social security liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomeTaxLiabilitesAsOfAcquisitionDate" xlink:label="irsa_IncomeTaxLiabilitesAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxLiabilitesAsOfAcquisitionDate" xlink:to="irsa_IncomeTaxLiabilitesAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_IncomeTaxLiabilitesAsOfAcquisitionDate_lbl" xml:lang="en-US">Income tax and MPIT liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LiabilitiesAssumed" xlink:label="irsa_LiabilitiesAssumed" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LiabilitiesAssumed" xlink:to="irsa_LiabilitiesAssumed_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_LiabilitiesAssumed_lbl" xml:lang="en-US">TOTAL LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:label="ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate" xlink:to="ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate_lbl" xml:lang="en-US">Non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed" xlink:label="irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed" xlink:to="irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed_lbl" xml:lang="en-US">Net assets disposed including goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:label="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:to="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_lbl" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:label="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems" xlink:to="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems_lbl" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TypesOfRisksAxis_2_lbl" xml:lang="en-US">Types of risks [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetMonetaryPositionLiabilityassetUS" xlink:label="irsa_NetMonetaryPositionLiabilityassetUS" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetMonetaryPositionLiabilityassetUS" xlink:to="irsa_NetMonetaryPositionLiabilityassetUS_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NetMonetaryPositionLiabilityassetUS_lbl" xml:lang="en-US">Net monetary position (Liability)/Asset US</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetMonetaryPositionLiabilityassetNis" xlink:label="irsa_NetMonetaryPositionLiabilityassetNis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetMonetaryPositionLiabilityassetNis" xlink:to="irsa_NetMonetaryPositionLiabilityassetNis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NetMonetaryPositionLiabilityassetNis_lbl" xml:lang="en-US">Net monetary position (Liability)/Asset NIS</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentConsolidationItemsAxis" xlink:to="ifrs-full_SegmentConsolidationItemsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_SegmentConsolidationItemsAxis_2_lbl" xml:lang="en-US">Segment consolidation items [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaturityAxis" xlink:to="ifrs-full_MaturityAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_MaturityAxis_2_lbl" xml:lang="en-US">Maturity [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfFinancialLiabilitiesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_2_lbl" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Liabilities_2_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsTable_lbl" xml:lang="en-US">Disclosure of operating segments [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsLineItems_lbl" xml:lang="en-US">Disclosure of operating segments [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GearingRatio" xlink:label="irsa_GearingRatio" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GearingRatio" xlink:to="irsa_GearingRatio_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GearingRatio_lbl" xml:lang="en-US">Gearing ratio</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DebtRatio" xlink:label="irsa_DebtRatio" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DebtRatio" xlink:to="irsa_DebtRatio_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DebtRatio_lbl" xml:lang="en-US">Debt ratio</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis_2_lbl" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_2_lbl" xml:lang="en-US">Classes of financial assets [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeographicalAreasAxis" xlink:to="ifrs-full_GeographicalAreasAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GeographicalAreasAxis_2_lbl" xml:lang="en-US">Geographical areas [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfInterestRatesAxis" xlink:to="ifrs-full_TypesOfInterestRatesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TypesOfInterestRatesAxis_2_lbl" xml:lang="en-US">Types of interest rates [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossBeforeTax_2_lbl" xml:lang="en-US">Net additional loss before income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency" xlink:label="irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency" xlink:to="irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency_lbl" xml:lang="en-US">Percentage increase in foreign currency</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtFairValue" xlink:label="ifrs-full_FinancialAssetsAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValue_lbl" xml:lang="en-US">Future exchanges contract pending</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialAssetsAtBookValue" xlink:label="irsa_FinancialAssetsAtBookValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsAtBookValue" xlink:to="irsa_FinancialAssetsAtBookValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialAssetsAtBookValue_lbl" xml:lang="en-US">Future exchanges contract book value</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate" xlink:label="irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate" xlink:to="irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate_lbl" xml:lang="en-US">Percentage change in interest rates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentInvestments" xlink:label="ifrs-full_CurrentInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentInvestments" xlink:to="ifrs-full_CurrentInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentInvestments_lbl" xml:lang="en-US">Financial investment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PercentageOfReasonablyPossibleDecreaseInFinancialInstrument" xlink:label="irsa_PercentageOfReasonablyPossibleDecreaseInFinancialInstrument" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfReasonablyPossibleDecreaseInFinancialInstrument" xlink:to="irsa_PercentageOfReasonablyPossibleDecreaseInFinancialInstrument_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PercentageOfReasonablyPossibleDecreaseInFinancialInstrument_lbl" xml:lang="en-US">Percentage change in derivative financial instrument</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PercentageOfTradeReceivable" xlink:label="irsa_PercentageOfTradeReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfTradeReceivable" xlink:to="irsa_PercentageOfTradeReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PercentageOfTradeReceivable_lbl" xml:lang="en-US">Percentage of trade receivable by group</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PercentageOfLongTermBorrowing" xlink:label="irsa_PercentageOfLongTermBorrowing" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfLongTermBorrowing" xlink:to="irsa_PercentageOfLongTermBorrowing_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PercentageOfLongTermBorrowing_lbl" xml:lang="en-US">Percentage of long term borrowing</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:label="ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:to="ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_lbl" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:label="ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:to="ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_lbl" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_JointVenturesAxis" xlink:to="ifrs-full_JointVenturesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_JointVenturesAxis_2_lbl" xml:lang="en-US">Joint ventures [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContinuingAndDiscontinuedOperationsAxis" xlink:to="ifrs-full_ContinuingAndDiscontinuedOperationsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ContinuingAndDiscontinuedOperationsAxis_2_lbl" xml:lang="en-US">Continuing and discontinued operations [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeStatementAxis" xlink:to="irsa_IncomeStatementAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_IncomeStatementAxis_2_lbl" xml:lang="en-US">IncomeStatementAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OperatingExpense" xlink:label="ifrs-full_OperatingExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingExpense" xlink:to="ifrs-full_OperatingExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OperatingExpense_lbl" xml:lang="en-US">Costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl" xml:lang="en-US">Net gain / (loss) from fair value adjustment of investment properties</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLoss_3_lbl" xml:lang="en-US">Segment profit / (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SegmentAssets" xlink:label="irsa_SegmentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SegmentAssets" xlink:to="irsa_SegmentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SegmentAssets_lbl" xml:lang="en-US">Reportable assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReportableLiabilities" xlink:label="irsa_ReportableLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReportableLiabilities" xlink:to="irsa_ReportableLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReportableLiabilities_lbl" xml:lang="en-US">Reportable liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NetAssetsLiabilities" xlink:label="ifrs-full_NetAssetsLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetAssetsLiabilities" xlink:to="ifrs-full_NetAssetsLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetAssetsLiabilities_lbl" xml:lang="en-US">Net reportable assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentsAxis" xlink:to="ifrs-full_SegmentsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_SegmentsAxis_2_lbl" xml:lang="en-US">Segments [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossProfit_2_lbl" xml:lang="en-US">Gross profit / (loss)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_2_lbl" xml:lang="en-US">Net gain from fair value adjustment of investment properties</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_2_lbl" xml:lang="en-US">Profit / (loss) from operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_2_lbl" xml:lang="en-US">Share of profit of associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentPropertiesAndTradingProperties" xlink:label="irsa_InvestmentPropertiesAndTradingProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentPropertiesAndTradingProperties" xlink:to="irsa_InvestmentPropertiesAndTradingProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentPropertiesAndTradingProperties_lbl" xml:lang="en-US">Investment properties and trading properties</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_2_lbl" xml:lang="en-US">Investment in associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherOperatingAssets" xlink:label="irsa_OtherOperatingAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherOperatingAssets" xlink:to="irsa_OtherOperatingAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherOperatingAssets_lbl" xml:lang="en-US">Other operating assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingAssets" xlink:label="irsa_OperatingAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingAssets" xlink:to="irsa_OperatingAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OperatingAssets_lbl" xml:lang="en-US">Operating assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GrossProfit_3_lbl" xml:lang="en-US">Gross profit</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_3_lbl" xml:lang="en-US">Net (loss) / gain from fair value adjustment of investment properties</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_3_lbl" xml:lang="en-US">Share of profit / (loss) of associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingLiabilities" xlink:label="irsa_OperatingLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLiabilities" xlink:to="irsa_OperatingLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OperatingLiabilities_lbl" xml:lang="en-US">Operating liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingAssetsLiabilitiesNet" xlink:label="irsa_OperatingAssetsLiabilitiesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingAssetsLiabilitiesNet" xlink:to="irsa_OperatingAssetsLiabilitiesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OperatingAssetsLiabilitiesNet_lbl" xml:lang="en-US">Operating assets (liabilities), net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesTable_lbl" xml:lang="en-US">Disclosure of subsidiaries [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems" xlink:to="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems_lbl" xml:lang="en-US">Disclosure of subsidiaries [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_2_lbl" xml:lang="en-US">Subsidiaries [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:label="ifrs-full_ProportionOfOwnershipInterestInSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:to="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl" xml:lang="en-US">Direct interest of non-controlling interest %</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentAssets_3_lbl" xml:lang="en-US">Current Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentAssets_3_lbl" xml:lang="en-US">Non-current Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentLiabilities_3_lbl" xml:lang="en-US">Current Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentLiabilities_3_lbl" xml:lang="en-US">Non-current Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Assets_3_lbl" xml:lang="en-US">Net assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_MinorityInterest1" xlink:label="irsa_MinorityInterest1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MinorityInterest1" xlink:to="irsa_MinorityInterest1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_MinorityInterest1_lbl" xml:lang="en-US">Book value of non-controlling interests</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLoss_4_lbl" xml:lang="en-US">Net income / (loss)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ComprehensiveIncome_3_lbl" xml:lang="en-US">Total comprehensive income / (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1" xlink:label="irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1" xlink:to="irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1_lbl" xml:lang="en-US">Total comprehensive profit / (loss) attributable to non-controlling interest</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_2_lbl" xml:lang="en-US">Cash of Operating activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_2_lbl" xml:lang="en-US">Cash of investing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_2_lbl" xml:lang="en-US">Cash of financial activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_2_lbl" xml:lang="en-US">Net Increase (decrease) in cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidToNoncontrollingInterests" xlink:to="ifrs-full_DividendsPaidToNoncontrollingInterests_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsPaidToNoncontrollingInterests_2_lbl" xml:lang="en-US">Dividends distribution to non-controlling shareholders</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1" xlink:label="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1" xlink:to="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1_lbl" xml:lang="en-US">Beginning of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncreaseInEquityInterestInAssociatesAndJointVentures" xlink:label="irsa_IncreaseInEquityInterestInAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInEquityInterestInAssociatesAndJointVentures" xlink:to="irsa_IncreaseInEquityInterestInAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncreaseInEquityInterestInAssociatesAndJointVentures_lbl" xml:lang="en-US">Increase in equity interest in associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IssuanceOfCapitalAndContributions" xlink:label="irsa_IssuanceOfCapitalAndContributions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IssuanceOfCapitalAndContributions" xlink:to="irsa_IssuanceOfCapitalAndContributions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IssuanceOfCapitalAndContributions_lbl" xml:lang="en-US">Issuance of capital and contributions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CapitalReductionOfAssociation" xlink:label="irsa_CapitalReductionOfAssociation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalReductionOfAssociation" xlink:to="irsa_CapitalReductionOfAssociation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CapitalReductionOfAssociation_lbl" xml:lang="en-US">Capital reduction</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DecreaseForControlObtainment" xlink:label="irsa_DecreaseForControlObtainment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreaseForControlObtainment" xlink:to="irsa_DecreaseForControlObtainment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DecreaseForControlObtainment_lbl" xml:lang="en-US">Decrease for control obtainment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:to="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_lbl" xml:lang="en-US">Distribution of non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent" xlink:label="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent" xlink:to="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent_lbl" xml:lang="en-US">Decrease of interest in associate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xml:lang="en-US">Share of (loss) / profit</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CumulativeTranslationAdjustment2" xlink:label="irsa_CumulativeTranslationAdjustment2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustment2" xlink:to="irsa_CumulativeTranslationAdjustment2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CumulativeTranslationAdjustment2_lbl" xml:lang="en-US">Cumulative translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransferToLoansToAssociates" xlink:label="irsa_TransferToLoansToAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransferToLoansToAssociates" xlink:to="irsa_TransferToLoansToAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TransferToLoansToAssociates_lbl" xml:lang="en-US">Transfer to loans to associates</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Dividend" xlink:label="irsa_Dividend" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Dividend" xlink:to="irsa_Dividend_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Dividend_lbl" xml:lang="en-US">Dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DistributionForAssociateLiquidation" xlink:label="irsa_DistributionForAssociateLiquidation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DistributionForAssociateLiquidation" xlink:to="irsa_DistributionForAssociateLiquidation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DistributionForAssociateLiquidation_lbl" xml:lang="en-US">Distribution for associate liquidation</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncorporationOfDeconsolidatedSubsidiary" xlink:label="irsa_IncorporationOfDeconsolidatedSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncorporationOfDeconsolidatedSubsidiary" xlink:to="irsa_IncorporationOfDeconsolidatedSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncorporationOfDeconsolidatedSubsidiary_lbl" xml:lang="en-US">Incorporation of deconsolidated subsidiary, net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReclassificationToHeldForSale" xlink:label="irsa_ReclassificationToHeldForSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReclassificationToHeldForSale" xlink:to="irsa_ReclassificationToHeldForSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReclassificationToHeldForSale_lbl" xml:lang="en-US">Reclassification to held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OthersOfJointAssociation" xlink:label="irsa_OthersOfJointAssociation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OthersOfJointAssociation" xlink:to="irsa_OthersOfJointAssociation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OthersOfJointAssociation_lbl" xml:lang="en-US">Others</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1" xlink:to="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1_2_lbl" xml:lang="en-US">End of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures" xlink:label="irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures" xlink:to="irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures_lbl" xml:lang="en-US">% ownership interest</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentsInAssociatesAndJointVentures" xlink:label="irsa_InvestmentsInAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInAssociatesAndJointVentures" xlink:to="irsa_InvestmentsInAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentsInAssociatesAndJointVentures_lbl" xml:lang="en-US">Value of Group's interest in equity</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures" xlink:label="irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures" xlink:to="irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures_lbl" xml:lang="en-US">Group's interest in comprehensive income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures" xlink:label="irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures" xlink:to="irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures_lbl" xml:lang="en-US">Place of business / Country of incorporation</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_MainActivityOfAssociatesAndJointVentures" xlink:label="irsa_MainActivityOfAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MainActivityOfAssociatesAndJointVentures" xlink:to="irsa_MainActivityOfAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_MainActivityOfAssociatesAndJointVentures_lbl" xml:lang="en-US">Main activity</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CommonSharesVoteOfAssociatesAndJointVentures" xlink:label="irsa_CommonSharesVoteOfAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CommonSharesVoteOfAssociatesAndJointVentures" xlink:to="irsa_CommonSharesVoteOfAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CommonSharesVoteOfAssociatesAndJointVentures_lbl" xml:lang="en-US">Common shares 1 vote</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures" xlink:label="irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures" xlink:to="irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures_lbl" xml:lang="en-US">Share capital (nominal value)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProfitLossOfAssociatesAndJointVentures" xlink:label="irsa_ProfitLossOfAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitLossOfAssociatesAndJointVentures" xlink:to="irsa_ProfitLossOfAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ProfitLossOfAssociatesAndJointVentures_lbl" xml:lang="en-US">Profit / (Loss) for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShareholdersEquityOfAssociatesAndJointVentures" xlink:label="irsa_ShareholdersEquityOfAssociatesAndJointVentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareholdersEquityOfAssociatesAndJointVentures" xlink:to="irsa_ShareholdersEquityOfAssociatesAndJointVentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShareholdersEquityOfAssociatesAndJointVentures_lbl" xml:lang="en-US">Shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProportionOfOwnershipInterestInAssociate1" xlink:label="irsa_ProportionOfOwnershipInterestInAssociate1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProportionOfOwnershipInterestInAssociate1" xlink:to="irsa_ProportionOfOwnershipInterestInAssociate1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ProportionOfOwnershipInterestInAssociate1_lbl" xml:lang="en-US">% ownership interest</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InterestInJointAssociate" xlink:label="irsa_InterestInJointAssociate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InterestInJointAssociate" xlink:to="irsa_InterestInJointAssociate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InterestInJointAssociate_lbl" xml:lang="en-US">Interest in associate and joint venture</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GoodwillAndOthers" xlink:label="irsa_GoodwillAndOthers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GoodwillAndOthers" xlink:to="irsa_GoodwillAndOthers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GoodwillAndOthers_lbl" xml:lang="en-US">Goodwill and others</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BookValue" xlink:label="irsa_BookValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BookValue" xlink:to="irsa_BookValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BookValue_lbl" xml:lang="en-US">Book value</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DividendDistributionsOfAssociation" xlink:label="irsa_DividendDistributionsOfAssociation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendDistributionsOfAssociation" xlink:to="irsa_DividendDistributionsOfAssociation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DividendDistributionsOfAssociation_lbl" xml:lang="en-US">Dividend distribution</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_3_lbl" xml:lang="en-US">Cash of operating activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_3_lbl" xml:lang="en-US">Cash of financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" xml:lang="en-US">Changes in cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_lbl" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_lbl" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TreasuryShares" xlink:label="ifrs-full_TreasuryShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasuryShares" xlink:to="ifrs-full_TreasuryShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TreasuryShares_lbl" xml:lang="en-US">Treasury stock</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UseOfEstimatedInvestment" xlink:label="irsa_UseOfEstimatedInvestment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UseOfEstimatedInvestment" xlink:to="irsa_UseOfEstimatedInvestment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UseOfEstimatedInvestment_lbl" xml:lang="en-US">Use of estimated investment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EmployeeCompensationPlan" xlink:label="irsa_EmployeeCompensationPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EmployeeCompensationPlan" xlink:to="irsa_EmployeeCompensationPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_EmployeeCompensationPlan_lbl" xml:lang="en-US">Employee compensation plan</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows" xlink:label="irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows" xlink:to="irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows_lbl" xml:lang="en-US">Description of assumptions for future business cash flows</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:label="ifrs-full_DisclosureOfInvestmentPropertyTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:to="ifrs-full_DisclosureOfInvestmentPropertyTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInvestmentPropertyTable_lbl" xml:lang="en-US">Disclosure of detailed information about investment property [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:label="ifrs-full_DisclosureOfInvestmentPropertyLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:to="ifrs-full_DisclosureOfInvestmentPropertyLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInvestmentPropertyLineItems_lbl" xml:lang="en-US">Disclosure of detailed information about investment property [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_2_lbl" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_InvestmentProperty_2_lbl" xml:lang="en-US">Fair value at the beginning of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialCostCharged" xlink:label="irsa_FinancialCostCharged" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialCostCharged" xlink:to="irsa_FinancialCostCharged_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialCostCharged_lbl" xml:lang="en-US">Financial cost charged</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CapitalizedLeasingCosts" xlink:label="irsa_CapitalizedLeasingCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalizedLeasingCosts" xlink:to="irsa_CapitalizedLeasingCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CapitalizedLeasingCosts_lbl" xml:lang="en-US">Capitalized leasing costs</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AmortizationOfCapitalizedLeasingCosts" xlink:label="irsa_AmortizationOfCapitalizedLeasingCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AmortizationOfCapitalizedLeasingCosts" xlink:to="irsa_AmortizationOfCapitalizedLeasingCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AmortizationOfCapitalizedLeasingCosts_lbl" xml:lang="en-US">Amortization of capitalized leasing costs</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls" xlink:label="irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls" xlink:to="irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls_lbl" xml:lang="en-US">Transfers</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransfersToPropertyPlantAndEquipment" xlink:label="irsa_TransfersToPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersToPropertyPlantAndEquipment" xlink:to="irsa_TransfersToPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TransfersToPropertyPlantAndEquipment_lbl" xml:lang="en-US">Transfers from / to property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransfersToTradingProperties" xlink:label="irsa_TransfersToTradingProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersToTradingProperties" xlink:to="irsa_TransfersToTradingProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TransfersToTradingProperties_lbl" xml:lang="en-US">Transfers to trading properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransfersToAssetsHeldForSale" xlink:label="irsa_TransfersToAssetsHeldForSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersToAssetsHeldForSale" xlink:to="irsa_TransfersToAssetsHeldForSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TransfersToAssetsHeldForSale_lbl" xml:lang="en-US">Reclassification to assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentPropertiesDeconsolidation" xlink:label="irsa_InvestmentPropertiesDeconsolidation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentPropertiesDeconsolidation" xlink:to="irsa_InvestmentPropertiesDeconsolidation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentPropertiesDeconsolidation_lbl" xml:lang="en-US">Deconsolidation (see Note 4.G.)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AssetsIncorporatedByBusinessCombination" xlink:label="irsa_AssetsIncorporatedByBusinessCombination" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AssetsIncorporatedByBusinessCombination" xlink:to="irsa_AssetsIncorporatedByBusinessCombination_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AssetsIncorporatedByBusinessCombination_lbl" xml:lang="en-US">Assets incorporated by business combination</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReclassificationPreviousPeriods" xlink:label="irsa_ReclassificationPreviousPeriods" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReclassificationPreviousPeriods" xlink:to="irsa_ReclassificationPreviousPeriods_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReclassificationPreviousPeriods_lbl" xml:lang="en-US">Reclassifications previous years</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisposalsInvestmentProperty" xlink:label="ifrs-full_DisposalsInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsInvestmentProperty" xlink:to="ifrs-full_DisposalsInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisposalsInvestmentProperty_lbl" xml:lang="en-US">Disposals</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty_lbl" xml:lang="en-US">Cumulative translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:label="ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty_lbl" xml:lang="en-US">Net gain from fair value adjustment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_InvestmentProperty_3_lbl" xml:lang="en-US">Fair value at the end of the year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfInvestmentPropertyAxis" xlink:to="ifrs-full_TypesOfInvestmentPropertyAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TypesOfInvestmentPropertyAxis_2_lbl" xml:lang="en-US">Types of investment property [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InvestmentProperty_4_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RentalIncomeFromInvestmentProperty" xlink:label="ifrs-full_RentalIncomeFromInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RentalIncomeFromInvestmentProperty" xlink:to="ifrs-full_RentalIncomeFromInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RentalIncomeFromInvestmentProperty_lbl" xml:lang="en-US">Rental and services income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DirectOperatingExpenseFromInvestmentProperty" xlink:label="ifrs-full_DirectOperatingExpenseFromInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DirectOperatingExpenseFromInvestmentProperty" xlink:to="ifrs-full_DirectOperatingExpenseFromInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DirectOperatingExpenseFromInvestmentProperty_lbl" xml:lang="en-US">Direct operating expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DevelopmentExpenditures" xlink:label="irsa_DevelopmentExpenditures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DevelopmentExpenditures" xlink:to="irsa_DevelopmentExpenditures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DevelopmentExpenditures_lbl" xml:lang="en-US">Development expenditures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RealizedInvestmentPropertyGainsLosses" xlink:label="irsa_RealizedInvestmentPropertyGainsLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealizedInvestmentPropertyGainsLosses" xlink:to="irsa_RealizedInvestmentPropertyGainsLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RealizedInvestmentPropertyGainsLosses_lbl" xml:lang="en-US">Net realized gain from fair value adjustment of investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UnrealizedInvestmentPropertyGainsLosses" xlink:label="irsa_UnrealizedInvestmentPropertyGainsLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnrealizedInvestmentPropertyGainsLosses" xlink:to="irsa_UnrealizedInvestmentPropertyGainsLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UnrealizedInvestmentPropertyGainsLosses_lbl" xml:lang="en-US">Net unrealized gain from fair value adjustment of investment properties</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UsesRentalProperty1Axis" xlink:to="irsa_UsesRentalProperty1Axis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_UsesRentalProperty1Axis_2_lbl" xml:lang="en-US">UsesRentalProperty1Axis [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis" xlink:to="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis_2_lbl" xml:lang="en-US">Valuation techniques used in fair value measurement [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FairValueParameterAxis" xlink:to="irsa_FairValueParameterAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_FairValueParameterAxis_2_lbl" xml:lang="en-US">FairValueParameterAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DiscountRate" xlink:label="irsa_DiscountRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountRate" xlink:to="irsa_DiscountRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DiscountRate_lbl" xml:lang="en-US">Discount rate</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_WeightedAverageRentalValue" xlink:label="irsa_WeightedAverageRentalValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WeightedAverageRentalValue" xlink:to="irsa_WeightedAverageRentalValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_WeightedAverageRentalValue_lbl" xml:lang="en-US">Weighted average rental value (per square meter)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GrowthRate" xlink:label="irsa_GrowthRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrowthRate" xlink:to="irsa_GrowthRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GrowthRate_lbl" xml:lang="en-US">Growth rate</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AppreciationOfInflationRate" xlink:label="irsa_AppreciationOfInflationRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AppreciationOfInflationRate" xlink:to="irsa_AppreciationOfInflationRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AppreciationOfInflationRate_lbl" xml:lang="en-US">Inflation</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AppreciationODevaluationRate" xlink:label="irsa_AppreciationODevaluationRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AppreciationODevaluationRate" xlink:to="irsa_AppreciationODevaluationRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AppreciationODevaluationRate_lbl" xml:lang="en-US">Devaluation rate</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PercentageOfIncidence" xlink:label="irsa_PercentageOfIncidence" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfIncidence" xlink:to="irsa_PercentageOfIncidence_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PercentageOfIncidence_lbl" xml:lang="en-US">Percentage of incidence</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_WeightedAverageConstructionCost" xlink:label="irsa_WeightedAverageConstructionCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WeightedAverageConstructionCost" xlink:to="irsa_WeightedAverageConstructionCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_WeightedAverageConstructionCost_lbl" xml:lang="en-US">Weighted average construction cost (per square meter)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_WeightedAverageDiscountRatePercent1" xlink:label="irsa_WeightedAverageDiscountRatePercent1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WeightedAverageDiscountRatePercent1" xlink:to="irsa_WeightedAverageDiscountRatePercent1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_WeightedAverageDiscountRatePercent1_lbl" xml:lang="en-US">Annual weighted average discount rate</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncreasesInSensitivityAnalysis" xlink:label="irsa_IncreasesInSensitivityAnalysis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreasesInSensitivityAnalysis" xlink:to="irsa_IncreasesInSensitivityAnalysis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncreasesInSensitivityAnalysis_lbl" xml:lang="en-US">Increases in sensitivity analysis</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DecreasesInSensitivityAnalysis" xlink:label="irsa_DecreasesInSensitivityAnalysis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreasesInSensitivityAnalysis" xlink:to="irsa_DecreasesInSensitivityAnalysis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DecreasesInSensitivityAnalysis_lbl" xml:lang="en-US">Decreases in sensitivity analysis</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillLineItems_lbl" xml:lang="en-US">Disclosure of reconciliation of changes in goodwill [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_2_lbl" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract" xlink:label="ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US">Changes in property, plant and equipment [abstract]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Net book amount at the beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Disposals</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Deconsolidation4" xlink:label="irsa_Deconsolidation4" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deconsolidation4" xlink:to="irsa_Deconsolidation4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Deconsolidation4_lbl" xml:lang="en-US">Deconsolidation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment" xlink:to="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_lbl" xml:lang="en-US">Reclassification to assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl" xml:lang="en-US">Impairment / recovery</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Assets incorporated by business combination</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Cumulative translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Transfers from / to investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DepreciationCharges" xlink:label="irsa_DepreciationCharges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DepreciationCharges" xlink:to="irsa_DepreciationCharges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DepreciationCharges_lbl" xml:lang="en-US">Depreciation charges</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_3_lbl" xml:lang="en-US">Net book amount at the end</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeStatementLocation1Axis" xlink:to="irsa_IncomeStatementLocation1Axis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncomeStatementLocation1Axis_2_lbl" xml:lang="en-US">IncomeStatementLocation1Axis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DepreciationCharge" xlink:label="irsa_DepreciationCharge" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DepreciationCharge" xlink:to="irsa_DepreciationCharge_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DepreciationCharge_lbl" xml:lang="en-US">Depreciation charge</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialAssetsTable" xlink:label="ifrs-full_DisclosureOfFinancialAssetsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialAssetsTable" xlink:to="ifrs-full_DisclosureOfFinancialAssetsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialAssetsTable_lbl" xml:lang="en-US">Disclosure of financial assets [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:label="ifrs-full_DisclosureOfFinancialAssetsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:to="ifrs-full_DisclosureOfFinancialAssetsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialAssetsLineItems_lbl" xml:lang="en-US">Disclosure of financial assets [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="ifrs-full_CategoriesOfFinancialAssetsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_2_lbl" xml:lang="en-US">Categories of financial assets [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradingPropertiesAsset" xlink:label="irsa_TradingPropertiesAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesAsset" xlink:to="irsa_TradingPropertiesAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="irsa_TradingPropertiesAsset_lbl" xml:lang="en-US">Beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AdditionsOfTradingProperties" xlink:label="irsa_AdditionsOfTradingProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdditionsOfTradingProperties" xlink:to="irsa_AdditionsOfTradingProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_AdditionsOfTradingProperties_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialCostsCapitalized" xlink:label="irsa_FinancialCostsCapitalized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialCostsCapitalized" xlink:to="irsa_FinancialCostsCapitalized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialCostsCapitalized_lbl" xml:lang="en-US">Financial costs capitalized</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CumulativeTranslationAdjustment1" xlink:label="irsa_CumulativeTranslationAdjustment1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustment1" xlink:to="irsa_CumulativeTranslationAdjustment1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CumulativeTranslationAdjustment1_lbl" xml:lang="en-US">Cumulative translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransferOfTradingProperties" xlink:label="irsa_TransferOfTradingProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransferOfTradingProperties" xlink:to="irsa_TransferOfTradingProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TransferOfTradingProperties_lbl" xml:lang="en-US">Transfer</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransfersOfIntangibleAssets" xlink:label="irsa_TransfersOfIntangibleAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersOfIntangibleAssets" xlink:to="irsa_TransfersOfIntangibleAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TransfersOfIntangibleAssets_lbl" xml:lang="en-US">Transfers from intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransfersOfInvestmentProperties" xlink:label="irsa_TransfersOfInvestmentProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersOfInvestmentProperties" xlink:to="irsa_TransfersOfInvestmentProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TransfersOfInvestmentProperties_lbl" xml:lang="en-US">Transfers from investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DisposalsOfTradingProperties" xlink:label="irsa_DisposalsOfTradingProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisposalsOfTradingProperties" xlink:to="irsa_DisposalsOfTradingProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DisposalsOfTradingProperties_lbl" xml:lang="en-US">Disposals</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesAsset" xlink:to="irsa_TradingPropertiesAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="irsa_TradingPropertiesAsset_2_lbl" xml:lang="en-US">Ending</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradingPropertiesNonCurrent" xlink:label="irsa_TradingPropertiesNonCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesNonCurrent" xlink:to="irsa_TradingPropertiesNonCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradingPropertiesNonCurrent_lbl" xml:lang="en-US">Non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradingPropertiesCurrent" xlink:label="irsa_TradingPropertiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesCurrent" xlink:to="irsa_TradingPropertiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradingPropertiesCurrent_lbl" xml:lang="en-US">Current</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradingPropertiesAsset1" xlink:label="irsa_TradingPropertiesAsset1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesAsset1" xlink:to="irsa_TradingPropertiesAsset1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TradingPropertiesAsset1_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetBookValueOfProperties" xlink:label="irsa_NetBookValueOfProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetBookValueOfProperties" xlink:to="irsa_NetBookValueOfProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NetBookValueOfProperties_lbl" xml:lang="en-US">Net Book Value of Properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ContractualObligationAmount" xlink:label="irsa_ContractualObligationAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ContractualObligationAmount" xlink:to="irsa_ContractualObligationAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ContractualObligationAmount_lbl" xml:lang="en-US">Contractual obligation amount</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsTable_lbl" xml:lang="en-US">Disclosure of detailed information about intangible assets [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsLineItems_lbl" xml:lang="en-US">Disclosure of detailed information about intangible assets [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis_2_lbl" xml:lang="en-US">Classes of intangible assets and goodwill [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill_lbl" xml:lang="en-US">Net book amount at the beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisposalsIntangibleAssetsAndGoodwill" xlink:label="ifrs-full_DisposalsIntangibleAssetsAndGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsIntangibleAssetsAndGoodwill" xlink:to="ifrs-full_DisposalsIntangibleAssetsAndGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DisposalsIntangibleAssetsAndGoodwill_lbl" xml:lang="en-US">Disposals</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReclassificationPreviousPeriods1" xlink:label="irsa_ReclassificationPreviousPeriods1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReclassificationPreviousPeriods1" xlink:to="irsa_ReclassificationPreviousPeriods1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReclassificationPreviousPeriods1_lbl" xml:lang="en-US">Out-of-year adjustments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill" xlink:to="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill_lbl" xml:lang="en-US">Transfers to assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransfersToTradingProperties1" xlink:label="irsa_TransfersToTradingProperties1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersToTradingProperties1" xlink:to="irsa_TransfersToTradingProperties1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TransfersToTradingProperties1_lbl" xml:lang="en-US">Transfers to trading properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_lbl" xml:lang="en-US">Assets incorporated by business combination (Note 4)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeconsolidationOfIntangibleAsset" xlink:label="irsa_DeconsolidationOfIntangibleAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeconsolidationOfIntangibleAsset" xlink:to="irsa_DeconsolidationOfIntangibleAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DeconsolidationOfIntangibleAsset_lbl" xml:lang="en-US">Deconsolidation (see Note 4.G.)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_lbl" xml:lang="en-US">Cumulative translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Amortization charges</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill_2_lbl" xml:lang="en-US">Balance at the end</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomesStatementLocationsAxis" xlink:to="irsa_IncomesStatementLocationsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_IncomesStatementLocationsAxis_2_lbl" xml:lang="en-US">IncomesStatementLocationsAxis [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ArrangementTypeAxis" xlink:to="irsa_ArrangementTypeAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ArrangementTypeAxis_2_lbl" xml:lang="en-US">ArrangementTypeAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AmortizationCharges" xlink:label="irsa_AmortizationCharges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AmortizationCharges" xlink:to="irsa_AmortizationCharges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AmortizationCharges_lbl" xml:lang="en-US">Amortization charge</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PrincipalAmount" xlink:label="irsa_PrincipalAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PrincipalAmount" xlink:to="irsa_PrincipalAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PrincipalAmount_lbl" xml:lang="en-US">Principal amount</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RevocationofAgreementDescription" xlink:label="irsa_RevocationofAgreementDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RevocationofAgreementDescription" xlink:to="irsa_RevocationofAgreementDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RevocationofAgreementDescription_lbl" xml:lang="en-US">Description of revocation</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RecognitionOfLoss" xlink:label="irsa_RecognitionOfLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RecognitionOfLoss" xlink:to="irsa_RecognitionOfLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RecognitionOfLoss_lbl" xml:lang="en-US">recognition loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_lbl" xml:lang="en-US">Disclosure of fair value measurement of assets [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_lbl" xml:lang="en-US">Disclosure of fair value measurement of assets [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsAxis" xlink:to="ifrs-full_ClassesOfAssetsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ClassesOfAssetsAxis_2_lbl" xml:lang="en-US">Classes of assets [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfLiabilitiesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis_2_lbl" xml:lang="en-US">Classes of liabilities [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_2_lbl" xml:lang="en-US">Categories of financial liabilities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtAmortisedCost" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost_lbl" xml:lang="en-US">Financial assets at amortized cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Financial assets at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GrossFinancialAssets" xlink:label="irsa_GrossFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossFinancialAssets" xlink:to="irsa_GrossFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GrossFinancialAssets_lbl" xml:lang="en-US">Subtotal financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherNonfinancialAssets" xlink:label="ifrs-full_OtherNonfinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNonfinancialAssets" xlink:to="ifrs-full_OtherNonfinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNonfinancialAssets_lbl" xml:lang="en-US">Non-financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialAssets" xlink:label="ifrs-full_FinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssets" xlink:to="ifrs-full_FinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinancialAssets_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:to="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl" xml:lang="en-US">Financial liabilities at amortized cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Financial liabilities at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GrossFinancialLiabilities" xlink:label="irsa_GrossFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossFinancialLiabilities" xlink:to="irsa_GrossFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GrossFinancialLiabilities_lbl" xml:lang="en-US">Subtotal financial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherNonfinancialLiabilities" xlink:label="ifrs-full_OtherNonfinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNonfinancialLiabilities" xlink:to="ifrs-full_OtherNonfinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNonfinancialLiabilities_lbl" xml:lang="en-US">Non-financial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinancialLiabilities" xlink:label="ifrs-full_FinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinancialLiabilities_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable_lbl" xml:lang="en-US">Disclosure of fair value measurement of liabilities [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems_lbl" xml:lang="en-US">Disclosure of fair value measurement of liabilities [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GrossFinancialAssetsRecognized" xlink:label="irsa_GrossFinancialAssetsRecognized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossFinancialAssetsRecognized" xlink:to="irsa_GrossFinancialAssetsRecognized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GrossFinancialAssetsRecognized_lbl" xml:lang="en-US">Gross amounts recognized</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" xml:lang="en-US">Gross amounts offset</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossFinancialAssets" xlink:to="irsa_GrossFinancialAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_GrossFinancialAssets_2_lbl" xml:lang="en-US">Net amount presented</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GrossFinancialLiabilitiesRecognized" xlink:label="irsa_GrossFinancialLiabilitiesRecognized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossFinancialLiabilitiesRecognized" xlink:to="irsa_GrossFinancialLiabilitiesRecognized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_GrossFinancialLiabilitiesRecognized_lbl" xml:lang="en-US">Gross amounts recognized</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl" xml:lang="en-US">Gross amounts offset</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossFinancialLiabilities" xlink:to="irsa_GrossFinancialLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_GrossFinancialLiabilities_2_lbl" xml:lang="en-US">Net amount presented</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:label="ifrs-full_DisclosureOfFinancialLiabilitiesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:to="ifrs-full_DisclosureOfFinancialLiabilitiesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialLiabilitiesTable_lbl" xml:lang="en-US">Disclosure of financial liabilities [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:label="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:to="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems_lbl" xml:lang="en-US">Disclosure of financial liabilities [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis" xlink:to="irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis_2_lbl" xml:lang="en-US">CategoriesOfFinancialAssetsAndLiabilitiesAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinanceIncome2" xlink:label="irsa_FinanceIncome2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncome2" xlink:to="irsa_FinanceIncome2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinanceIncome2_lbl" xml:lang="en-US">Interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InterestExpense1" xlink:label="irsa_InterestExpense1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InterestExpense1" xlink:to="irsa_InterestExpense1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InterestExpense1_lbl" xml:lang="en-US">Interest expense</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Foreign exchange (losses) / gains, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueFromDividends" xlink:label="ifrs-full_RevenueFromDividends" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromDividends" xlink:to="ifrs-full_RevenueFromDividends_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromDividends_lbl" xml:lang="en-US">Dividend income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Fair value gain on financial assets at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LossOnDebtSwap" xlink:label="irsa_LossOnDebtSwap" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LossOnDebtSwap" xlink:to="irsa_LossOnDebtSwap_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_LossOnDebtSwap_lbl" xml:lang="en-US">Loss on debt swap</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CapitalizedFinanceCosts" xlink:label="irsa_CapitalizedFinanceCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalizedFinanceCosts" xlink:to="irsa_CapitalizedFinanceCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CapitalizedFinanceCosts_lbl" xml:lang="en-US">Capitalized finance costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xml:lang="en-US">(Loss) / Gain on derivative financial instruments, net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherFinanceCost1" xlink:label="irsa_OtherFinanceCost1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherFinanceCost1" xlink:to="irsa_OtherFinanceCost1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherFinanceCost1_lbl" xml:lang="en-US">Other finance costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_UnrecognisedShareOfLossesOfAssociates" xlink:label="ifrs-full_UnrecognisedShareOfLossesOfAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnrecognisedShareOfLossesOfAssociates" xlink:to="ifrs-full_UnrecognisedShareOfLossesOfAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnrecognisedShareOfLossesOfAssociates_lbl" xml:lang="en-US">Fair value loss on associates</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinanceIncomeCost1" xlink:label="irsa_FinanceIncomeCost1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncomeCost1" xlink:to="irsa_FinanceIncomeCost1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinanceIncomeCost1_lbl" xml:lang="en-US">Net (loss) / income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:label="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable" xlink:to="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsTable_lbl" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:label="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems" xlink:to="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems_lbl" xml:lang="en-US">Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DescriptionRangeOfValuationModelsWithDerivatives" xlink:label="irsa_DescriptionRangeOfValuationModelsWithDerivatives" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DescriptionRangeOfValuationModelsWithDerivatives" xlink:to="irsa_DescriptionRangeOfValuationModelsWithDerivatives_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DescriptionRangeOfValuationModelsWithDerivatives_lbl" xml:lang="en-US">Description</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives" xlink:label="irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives" xlink:to="irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives_lbl" xml:lang="en-US">Pricing model / method</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ParametersRangeOfValuationModelsWithDerivatives" xlink:label="irsa_ParametersRangeOfValuationModelsWithDerivatives" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ParametersRangeOfValuationModelsWithDerivatives" xlink:to="irsa_ParametersRangeOfValuationModelsWithDerivatives_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ParametersRangeOfValuationModelsWithDerivatives_lbl" xml:lang="en-US">Parameters</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RangeOfValuationModelsWithDerivatives" xlink:label="irsa_RangeOfValuationModelsWithDerivatives" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RangeOfValuationModelsWithDerivatives" xlink:to="irsa_RangeOfValuationModelsWithDerivatives_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RangeOfValuationModelsWithDerivatives_lbl" xml:lang="en-US">Range</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RangeOfValuationModelsWithDerivativesTerms" xlink:label="irsa_RangeOfValuationModelsWithDerivativesTerms" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RangeOfValuationModelsWithDerivativesTerms" xlink:to="irsa_RangeOfValuationModelsWithDerivativesTerms_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RangeOfValuationModelsWithDerivativesTerms_lbl" xml:lang="en-US">Range term</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AggregateFinancialinstrument" xlink:label="irsa_AggregateFinancialinstrument" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AggregateFinancialinstrument" xlink:to="irsa_AggregateFinancialinstrument_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="irsa_AggregateFinancialinstrument_lbl" xml:lang="en-US">Beginning Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AdditionsAndAcquisitions" xlink:label="irsa_AdditionsAndAcquisitions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdditionsAndAcquisitions" xlink:to="irsa_AdditionsAndAcquisitions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AdditionsAndAcquisitions_lbl" xml:lang="en-US">Additions and acquisitions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialInstrumentCumulativeTranslationAdjustment" xlink:label="irsa_FinancialInstrumentCumulativeTranslationAdjustment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialInstrumentCumulativeTranslationAdjustment" xlink:to="irsa_FinancialInstrumentCumulativeTranslationAdjustment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_FinancialInstrumentCumulativeTranslationAdjustment_lbl" xml:lang="en-US">Cumulative translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransferOfFinancialInstrument" xlink:label="irsa_TransferOfFinancialInstrument" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransferOfFinancialInstrument" xlink:to="irsa_TransferOfFinancialInstrument_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TransferOfFinancialInstrument_lbl" xml:lang="en-US">Transfer to level 1</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BusinessAcquisation" xlink:label="irsa_BusinessAcquisation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BusinessAcquisation" xlink:to="irsa_BusinessAcquisation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BusinessAcquisation_lbl" xml:lang="en-US">Obtainment of control over IDBD (Note 4)</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReclassificationToLiabilitiesHeldForSale" xlink:label="irsa_ReclassificationToLiabilitiesHeldForSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReclassificationToLiabilitiesHeldForSale" xlink:to="irsa_ReclassificationToLiabilitiesHeldForSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReclassificationToLiabilitiesHeldForSale_lbl" xml:lang="en-US">Reclassification to liabilities held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialInstrumentWriteOff" xlink:label="irsa_FinancialInstrumentWriteOff" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialInstrumentWriteOff" xlink:to="irsa_FinancialInstrumentWriteOff_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialInstrumentWriteOff_lbl" xml:lang="en-US">Write off</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TransferedToCurrentTradeAndOtherReceivables" xlink:label="irsa_TransferedToCurrentTradeAndOtherReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransferedToCurrentTradeAndOtherReceivables" xlink:to="irsa_TransferedToCurrentTradeAndOtherReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TransferedToCurrentTradeAndOtherReceivables_lbl" xml:lang="en-US">Transfer to current trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeconsolidationOfFinancialInstruments" xlink:label="irsa_DeconsolidationOfFinancialInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeconsolidationOfFinancialInstruments" xlink:to="irsa_DeconsolidationOfFinancialInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DeconsolidationOfFinancialInstruments_lbl" xml:lang="en-US">Deconsolidation</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GainLossFromFinancialInstrument" xlink:label="irsa_GainLossFromFinancialInstrument" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GainLossFromFinancialInstrument" xlink:to="irsa_GainLossFromFinancialInstrument_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GainLossFromFinancialInstrument_lbl" xml:lang="en-US">Gain / (loss) for the year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AggregateFinancialinstrument" xlink:to="irsa_AggregateFinancialinstrument_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="irsa_AggregateFinancialinstrument_2_lbl" xml:lang="en-US">Ending Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SaleLeaseAndServicesReceivables" xlink:label="irsa_SaleLeaseAndServicesReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SaleLeaseAndServicesReceivables" xlink:to="irsa_SaleLeaseAndServicesReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SaleLeaseAndServicesReceivables_lbl" xml:lang="en-US">Sale, leases and services receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AllowanceForDoubtfulAccounts" xlink:label="irsa_AllowanceForDoubtfulAccounts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AllowanceForDoubtfulAccounts" xlink:to="irsa_AllowanceForDoubtfulAccounts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_AllowanceForDoubtfulAccounts_lbl" xml:lang="en-US">Less: Allowance for doubtful accounts</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeReceivables" xlink:label="ifrs-full_TradeReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivables" xlink:to="ifrs-full_TradeReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_TradeReceivables_lbl" xml:lang="en-US">Total trade receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PrepaidExpenses" xlink:label="irsa_PrepaidExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PrepaidExpenses" xlink:to="irsa_PrepaidExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PrepaidExpenses_lbl" xml:lang="en-US">Prepaid expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsDepositsAndOtherDebitBalances" xlink:label="irsa_BorrowingsDepositsAndOtherDebitBalances" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsDepositsAndOtherDebitBalances" xlink:to="irsa_BorrowingsDepositsAndOtherDebitBalances_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsDepositsAndOtherDebitBalances_lbl" xml:lang="en-US">Borrowings, deposits and other debit balances</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Prepayments" xlink:label="ifrs-full_Prepayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Prepayments" xlink:to="ifrs-full_Prepayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Prepayments_lbl" xml:lang="en-US">Advances to suppliers</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ValueAddedTaxReceivables" xlink:label="ifrs-full_ValueAddedTaxReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ValueAddedTaxReceivables" xlink:to="ifrs-full_ValueAddedTaxReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ValueAddedTaxReceivables_lbl" xml:lang="en-US">Tax credits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherReceivables" xlink:label="ifrs-full_OtherReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReceivables" xlink:to="ifrs-full_OtherReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherReceivables_lbl" xml:lang="en-US">Others</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalOtherReceivables" xlink:label="irsa_TotalOtherReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOtherReceivables" xlink:to="irsa_TotalOtherReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_TotalOtherReceivables_lbl" xml:lang="en-US">Total other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherReceivables" xlink:label="ifrs-full_TradeAndOtherReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherReceivables" xlink:to="ifrs-full_TradeAndOtherReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_TradeAndOtherReceivables_lbl" xml:lang="en-US">Total trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NoncurrentTradeReceivables" xlink:label="ifrs-full_NoncurrentTradeReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentTradeReceivables" xlink:to="ifrs-full_NoncurrentTradeReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentTradeReceivables_lbl" xml:lang="en-US">Non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentTradeReceivables" xlink:label="ifrs-full_CurrentTradeReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTradeReceivables" xlink:to="ifrs-full_CurrentTradeReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentTradeReceivables_lbl" xml:lang="en-US">Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherReceivables" xlink:to="ifrs-full_TradeAndOtherReceivables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherReceivables_2_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GroupsAllowanceForDoubtfulAccountsReceivables" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsAllowanceForDoubtfulAccountsReceivables" xlink:to="irsa_GroupsAllowanceForDoubtfulAccountsReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivables_lbl" xml:lang="en-US">Beginning of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions" xlink:to="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries" xlink:to="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries_lbl" xml:lang="en-US">Recoveries</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables" xlink:label="irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables" xlink:to="irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables_lbl" xml:lang="en-US">Cumulative translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation" xlink:to="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation_lbl" xml:lang="en-US">Deconsolidation</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable" xlink:label="irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable" xlink:to="irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable_lbl" xml:lang="en-US">Used during the year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsAllowanceForDoubtfulAccountsReceivables" xlink:to="irsa_GroupsAllowanceForDoubtfulAccountsReceivables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivables_2_lbl" xml:lang="en-US">End of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:label="ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:to="ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable_lbl" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:label="ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:to="ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems_lbl" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReceivableTypeAxis" xlink:to="irsa_ReceivableTypeAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ReceivableTypeAxis_2_lbl" xml:lang="en-US">ReceivableTypeAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalReceivable" xlink:label="irsa_TotalReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalReceivable" xlink:to="irsa_TotalReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TotalReceivable_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReceivablePercent" xlink:label="irsa_ReceivablePercent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReceivablePercent" xlink:to="irsa_ReceivablePercent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReceivablePercent_lbl" xml:lang="en-US">% of representation</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AdditionsReversalsForDoubtfulAccounts" xlink:label="irsa_AdditionsReversalsForDoubtfulAccounts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdditionsReversalsForDoubtfulAccounts" xlink:to="irsa_AdditionsReversalsForDoubtfulAccounts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AdditionsReversalsForDoubtfulAccounts_lbl" xml:lang="en-US">Additions / (reversals) for doubtful accounts</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LossForTheYearFromDiscontinuedOperations" xlink:label="irsa_LossForTheYearFromDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LossForTheYearFromDiscontinuedOperations" xlink:to="irsa_LossForTheYearFromDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_LossForTheYearFromDiscontinuedOperations_lbl" xml:lang="en-US">Profit for the year from discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:to="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xml:lang="en-US">Adjustments for:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForIncomeTaxExpense_lbl" xml:lang="en-US">Income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:to="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_lbl" xml:lang="en-US">Amortization and depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Loss from disposal of property, plant and equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_2_lbl" xml:lang="en-US">Share-based payments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:label="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_lbl" xml:lang="en-US">(Recovery) Charge for impairment of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ExpensesFromSalesOfInvestmentProperties" xlink:label="irsa_ExpensesFromSalesOfInvestmentProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExpensesFromSalesOfInvestmentProperties" xlink:to="irsa_ExpensesFromSalesOfInvestmentProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ExpensesFromSalesOfInvestmentProperties_lbl" xml:lang="en-US">Expenses from sale of investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement" xlink:label="irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement" xlink:to="irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement_lbl" xml:lang="en-US">Derecognition of intangible assets by TGLT agreement</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ResultFromBusinessCombination" xlink:label="irsa_ResultFromBusinessCombination" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ResultFromBusinessCombination" xlink:to="irsa_ResultFromBusinessCombination_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ResultFromBusinessCombination_lbl" xml:lang="en-US">Result from business combinations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RetirementOfUnusedInvestmentProperties" xlink:label="irsa_RetirementOfUnusedInvestmentProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RetirementOfUnusedInvestmentProperties" xlink:to="irsa_RetirementOfUnusedInvestmentProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RetirementOfUnusedInvestmentProperties_lbl" xml:lang="en-US">Disposal of disused investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates_lbl" xml:lang="en-US">Gain from disposal of associates</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherFinancialResultsNet" xlink:label="irsa_OtherFinancialResultsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherFinancialResultsNet" xlink:to="irsa_OtherFinancialResultsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_OtherFinancialResultsNet_lbl" xml:lang="en-US">Financial results, net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReversalOfCumulativeTranslationAdjustment" xlink:label="irsa_ReversalOfCumulativeTranslationAdjustment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReversalOfCumulativeTranslationAdjustment" xlink:to="irsa_ReversalOfCumulativeTranslationAdjustment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReversalOfCumulativeTranslationAdjustment_lbl" xml:lang="en-US">Reversal of cumulative translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProvisionsAndAllowances" xlink:label="irsa_ProvisionsAndAllowances" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProvisionsAndAllowances" xlink:to="irsa_ProvisionsAndAllowances_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ProvisionsAndAllowances_lbl" xml:lang="en-US">Provisions and allowances</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShareOfProfitLossOfJointVenturesAndAssociates" xlink:label="irsa_ShareOfProfitLossOfJointVenturesAndAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareOfProfitLossOfJointVenturesAndAssociates" xlink:to="irsa_ShareOfProfitLossOfJointVenturesAndAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShareOfProfitLossOfJointVenturesAndAssociates_lbl" xml:lang="en-US">Share of loss / (profit) of associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ChangesInOperatingAssetsAndLiabilitiesAbstract" xlink:label="irsa_ChangesInOperatingAssetsAndLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ChangesInOperatingAssetsAndLiabilitiesAbstract" xlink:to="irsa_ChangesInOperatingAssetsAndLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ChangesInOperatingAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US">Changes in operating assets and liabilities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xml:lang="en-US">(Increase) / decrease in inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading_lbl" xml:lang="en-US">Decrease in trading properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl" xml:lang="en-US">Increase in trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl" xml:lang="en-US">Increase in trade and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities_lbl" xml:lang="en-US">Increase in salaries and social security liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForProvisions" xlink:label="ifrs-full_AdjustmentsForProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl" xml:lang="en-US">Decrease in provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid" xlink:label="irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid" xlink:to="irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid_lbl" xml:lang="en-US">Net cash generated by continuing operating activities before income tax paid</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid" xlink:label="irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid" xlink:to="irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid_lbl" xml:lang="en-US">Net cash generated by discontinued operating activities before income tax paid</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperations" xlink:label="ifrs-full_CashFlowsFromUsedInOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperations" xlink:to="ifrs-full_CashFlowsFromUsedInOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperations_lbl" xml:lang="en-US">Net cash generated by operating activities before income tax paid</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradingPropertiesAsOfAcquisitionDate" xlink:label="irsa_TradingPropertiesAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesAsOfAcquisitionDate" xlink:to="irsa_TradingPropertiesAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TradingPropertiesAsOfAcquisitionDate_lbl" xml:lang="en-US">Trading properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredIncomeRecognisedAsOfAcquisitionDate" xlink:label="ifrs-full_DeferredIncomeRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredIncomeRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_DeferredIncomeRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredIncomeRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Deferred income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradeAndOtherReceivables2" xlink:label="irsa_TradeAndOtherReceivables2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherReceivables2" xlink:to="irsa_TradeAndOtherReceivables2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TradeAndOtherReceivables2_lbl" xml:lang="en-US">Trade and other receivables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate" xlink:to="irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate_2_lbl" xml:lang="en-US">Investment in financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DerivativeFinancialInstrumentsAsOfAcquisition" xlink:label="irsa_DerivativeFinancialInstrumentsAsOfAcquisition" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativeFinancialInstrumentsAsOfAcquisition" xlink:to="irsa_DerivativeFinancialInstrumentsAsOfAcquisition_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DerivativeFinancialInstrumentsAsOfAcquisition_lbl" xml:lang="en-US">Derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GroupOfAssetsHeldForSale" xlink:label="irsa_GroupOfAssetsHeldForSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupOfAssetsHeldForSale" xlink:to="irsa_GroupOfAssetsHeldForSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_GroupOfAssetsHeldForSale_lbl" xml:lang="en-US">Group of assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate" xlink:label="irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate" xlink:to="irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Financial assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SalariesAndSocialSecurityLiabilities1" xlink:label="irsa_SalariesAndSocialSecurityLiabilities1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalariesAndSocialSecurityLiabilities1" xlink:to="irsa_SalariesAndSocialSecurityLiabilities1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_SalariesAndSocialSecurityLiabilities1_lbl" xml:lang="en-US">Salaries and social security liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate" xlink:label="irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Income tax and MPIT liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeferredIncomeTaxLiabilities1" xlink:label="irsa_DeferredIncomeTaxLiabilities1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomeTaxLiabilities1" xlink:to="irsa_DeferredIncomeTaxLiabilities1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DeferredIncomeTaxLiabilities1_lbl" xml:lang="en-US">Deferred income tax liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate" xlink:label="irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate" xlink:to="irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Net amount of non-cash assets incorporated / held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate" xlink:label="irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate" xlink:to="irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetAmountOfAssetsIncorporatedHeldForSale" xlink:label="irsa_NetAmountOfAssetsIncorporatedHeldForSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetAmountOfAssetsIncorporatedHeldForSale" xlink:to="irsa_NetAmountOfAssetsIncorporatedHeldForSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NetAmountOfAssetsIncorporatedHeldForSale_lbl" xml:lang="en-US">Net amount of assets incorporated / held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InterestHeldBeforeAcquisition" xlink:label="irsa_InterestHeldBeforeAcquisition" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InterestHeldBeforeAcquisition" xlink:to="irsa_InterestHeldBeforeAcquisition_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InterestHeldBeforeAcquisition_lbl" xml:lang="en-US">Interest held before acquisition</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate" xlink:label="irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate" xlink:to="irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Seller financing</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate" xlink:label="irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate" xlink:to="irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate_lbl" xml:lang="en-US">Cash and cash equivalents incorporated / held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale" xlink:label="irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale" xlink:to="irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale_lbl" xml:lang="en-US">Net (outflow) inflow of cash and cash equivalents / assets and liabilities held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings" xlink:label="irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings" xlink:to="irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings_lbl" xml:lang="en-US">Decrease in investments in associates and joint ventures through a decrease in borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid" xlink:label="irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid" xlink:to="irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid_lbl" xml:lang="en-US">Dividends distribution to non-controlling shareholders not yet paid</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables" xlink:label="irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables" xlink:to="irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables_lbl" xml:lang="en-US">Increase in investments in associates and joint ventures through a decrease in trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables" xlink:label="irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables" xlink:to="irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables_lbl" xml:lang="en-US">Increase in intangible assets through an increase in trade and other payables</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncreaseInInvestmentsInFinancialAssetsThroughADecreaseInTradeAndOtherReceivables_lbl" xml:lang="en-US">Increase in investments in financial assets through a decrease in trade and other receivables</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInTradeAndOtherPayables_lbl" xml:lang="en-US">Increase in investments in financial assets through an increase in trade and other payables</link:label>
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ParValuePerShare" xlink:label="ifrs-full_ParValuePerShare" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradePayables" xlink:to="irsa_TradePayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TradePayables_lbl" xml:lang="en-US">Trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SalesRentalAndServicesPaymentsReceivedInAdvance" xlink:label="irsa_SalesRentalAndServicesPaymentsReceivedInAdvance" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalesRentalAndServicesPaymentsReceivedInAdvance" xlink:to="irsa_SalesRentalAndServicesPaymentsReceivedInAdvance_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SalesRentalAndServicesPaymentsReceivedInAdvance_lbl" xml:lang="en-US">Sales, rental and services payments received in advance</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ConstructionObligationsPayables" xlink:label="irsa_ConstructionObligationsPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ConstructionObligationsPayables" xlink:to="irsa_ConstructionObligationsPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ConstructionObligationsPayables_lbl" xml:lang="en-US">Construction obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AccruedInvoicesPayables" xlink:label="irsa_AccruedInvoicesPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AccruedInvoicesPayables" xlink:to="irsa_AccruedInvoicesPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AccruedInvoicesPayables_lbl" xml:lang="en-US">Accrued invoices</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeferredIncomePayables" xlink:label="irsa_DeferredIncomePayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomePayables" xlink:to="irsa_DeferredIncomePayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DeferredIncomePayables_lbl" xml:lang="en-US">Deferred income</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalTradePayables" xlink:label="irsa_TotalTradePayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalTradePayables" xlink:to="irsa_TotalTradePayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_TotalTradePayables_lbl" xml:lang="en-US">Total trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DividendsPayableToNonControllingShareholders" xlink:label="irsa_DividendsPayableToNonControllingShareholders" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendsPayableToNonControllingShareholders" xlink:to="irsa_DividendsPayableToNonControllingShareholders_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DividendsPayableToNonControllingShareholders_lbl" xml:lang="en-US">Dividends payable to non-controlling shareholders</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CurrentTaxpayables" xlink:label="irsa_CurrentTaxpayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CurrentTaxpayables" xlink:to="irsa_CurrentTaxpayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CurrentTaxpayables_lbl" xml:lang="en-US">Tax payables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherCurrentConstructionObligation" xlink:label="irsa_OtherCurrentConstructionObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherCurrentConstructionObligation" xlink:to="irsa_OtherCurrentConstructionObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_OtherCurrentConstructionObligation_lbl" xml:lang="en-US">Construction obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherPayables" xlink:label="ifrs-full_OtherPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPayables" xlink:to="ifrs-full_OtherPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherPayables_lbl" xml:lang="en-US">Other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherCurrentPayables" xlink:label="ifrs-full_OtherCurrentPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentPayables" xlink:to="ifrs-full_OtherCurrentPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCurrentPayables_lbl" xml:lang="en-US">Total other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradeAndOtherCurrentPayables1" xlink:label="irsa_TradeAndOtherCurrentPayables1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherCurrentPayables1" xlink:to="irsa_TradeAndOtherCurrentPayables1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_TradeAndOtherCurrentPayables1_lbl" xml:lang="en-US">Total trade and other payables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentPayables" xlink:to="ifrs-full_NoncurrentPayables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentPayables_2_lbl" xml:lang="en-US">Non-current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayables" xlink:to="ifrs-full_TradeAndOtherCurrentPayables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_TradeAndOtherCurrentPayables_2_lbl" xml:lang="en-US">Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherCurrentPayables1" xlink:to="irsa_TradeAndOtherCurrentPayables1_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TradeAndOtherCurrentPayables1_2_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOtherProvisionsTable" xlink:label="ifrs-full_DisclosureOfOtherProvisionsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherProvisionsTable" xlink:to="ifrs-full_DisclosureOfOtherProvisionsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherProvisionsTable_lbl" xml:lang="en-US">Disclosure of other provisions [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:label="ifrs-full_DisclosureOfOtherProvisionsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherProvisionsLineItems" xlink:to="ifrs-full_DisclosureOfOtherProvisionsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherProvisionsLineItems_lbl" xml:lang="en-US">Disclosure of other provisions [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherProvisions" xlink:label="ifrs-full_OtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_OtherProvisions_lbl" xml:lang="en-US">As of beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdditionalProvisionsOtherProvisions" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalProvisionsOtherProvisions" xlink:to="ifrs-full_AdditionalProvisionsOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdditionalProvisionsOtherProvisions_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions_lbl" xml:lang="en-US">Incorporated by business combination</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Recovery" xlink:label="irsa_Recovery" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Recovery" xlink:to="irsa_Recovery_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Recovery_lbl" xml:lang="en-US">Recovery</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProvisionUsedOtherProvisions" xlink:label="ifrs-full_ProvisionUsedOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProvisionUsedOtherProvisions" xlink:to="ifrs-full_ProvisionUsedOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProvisionUsedOtherProvisions_lbl" xml:lang="en-US">Used during the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Deconsolidation" xlink:label="irsa_Deconsolidation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deconsolidation" xlink:to="irsa_Deconsolidation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_Deconsolidation_lbl" xml:lang="en-US">Deconsolidation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_lbl" xml:lang="en-US">Currency translation adjustment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisions" xlink:to="ifrs-full_OtherProvisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_OtherProvisions_2_lbl" xml:lang="en-US">As of end</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherLongtermProvisions" xlink:label="ifrs-full_OtherLongtermProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherLongtermProvisions" xlink:to="ifrs-full_OtherLongtermProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherLongtermProvisions_lbl" xml:lang="en-US">Non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherShorttermProvisions" xlink:label="ifrs-full_OtherShorttermProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherShorttermProvisions" xlink:to="ifrs-full_OtherShorttermProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherShorttermProvisions_lbl" xml:lang="en-US">Current</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherProvisions1" xlink:label="irsa_OtherProvisions1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherProvisions1" xlink:to="irsa_OtherProvisions1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_OtherProvisions1_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_lbl" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_lbl" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LongtermBorrowings_2_lbl" xml:lang="en-US">Total non-current borrowings</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermBorrowings" xlink:to="ifrs-full_ShorttermBorrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShorttermBorrowings_2_lbl" xml:lang="en-US">Total current borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Borrowings" xlink:label="ifrs-full_Borrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Borrowings_lbl" xml:lang="en-US">Borrowings total amount</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShareCapital" xlink:label="irsa_ShareCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareCapital" xlink:to="irsa_ShareCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ShareCapital_lbl" xml:lang="en-US">Share capital</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestPayable" xlink:label="ifrs-full_InterestPayable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPayable" xlink:to="ifrs-full_InterestPayable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestPayable_lbl" xml:lang="en-US">Interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FinanceLeaseReceivables" xlink:label="ifrs-full_FinanceLeaseReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceLeaseReceivables" xlink:to="ifrs-full_FinanceLeaseReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinanceLeaseReceivables_lbl" xml:lang="en-US">Leases</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Borrowings_2_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable_lbl" xml:lang="en-US">Disclosure of financial instruments by type of interest rate [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems_lbl" xml:lang="en-US">Disclosure of financial instruments by type of interest rate [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SubtotalFixedRateBorrowings" xlink:label="irsa_SubtotalFixedRateBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SubtotalFixedRateBorrowings" xlink:to="irsa_SubtotalFixedRateBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SubtotalFixedRateBorrowings_lbl" xml:lang="en-US">Subtotal fixed-rate borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SubtotalFloatingRateBorrowings" xlink:label="irsa_SubtotalFloatingRateBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SubtotalFloatingRateBorrowings" xlink:to="irsa_SubtotalFloatingRateBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SubtotalFloatingRateBorrowings_lbl" xml:lang="en-US">Subtotal floating-rate borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalBorrowingsAsPerAnalysis" xlink:label="irsa_TotalBorrowingsAsPerAnalysis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalBorrowingsAsPerAnalysis" xlink:to="irsa_TotalBorrowingsAsPerAnalysis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalBorrowingsAsPerAnalysis_lbl" xml:lang="en-US">Total borrowings as per analysis</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceLeaseReceivables" xlink:to="ifrs-full_FinanceLeaseReceivables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceLeaseReceivables_2_lbl" xml:lang="en-US">Finance leases obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IssuanceExpansionDate" xlink:label="irsa_IssuanceExpansionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IssuanceExpansionDate" xlink:to="irsa_IssuanceExpansionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_IssuanceExpansionDate_lbl" xml:lang="en-US">Issuance / expansion date</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NotionalAmount" xlink:label="ifrs-full_NotionalAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotionalAmount_lbl" xml:lang="en-US">Amount in original currency</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsMaturityDate" xlink:label="irsa_BorrowingsMaturityDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsMaturityDate" xlink:to="irsa_BorrowingsMaturityDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsMaturityDate_lbl" xml:lang="en-US">Maturity date</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="ifrs-full_BorrowingsInterestRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsInterestRate_lbl" xml:lang="en-US">Interest rate</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsPaymentTerms" xlink:label="irsa_BorrowingsPaymentTerms" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsPaymentTerms" xlink:to="irsa_BorrowingsPaymentTerms_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsPaymentTerms_lbl" xml:lang="en-US">Principal payment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsInterestRateTerms" xlink:label="irsa_BorrowingsInterestRateTerms" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsInterestRateTerms" xlink:to="irsa_BorrowingsInterestRateTerms_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsInterestRateTerms_lbl" xml:lang="en-US">Interest payment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BorrowingsInterestRateBasis" xlink:label="ifrs-full_BorrowingsInterestRateBasis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRateBasis" xlink:to="ifrs-full_BorrowingsInterestRateBasis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsInterestRateBasis_lbl" xml:lang="en-US">Description of interest rate</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BorrowingsRollForward" xlink:label="irsa_BorrowingsRollForward" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsRollForward" xlink:to="irsa_BorrowingsRollForward_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BorrowingsRollForward_lbl" xml:lang="en-US">Evolution of borrowing [RollForward]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Borrowings_3_lbl" xml:lang="en-US">Balance at the beginning of the year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_2_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2_lbl" xml:lang="en-US">Payment of borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RepaymentsOfCurrentBorrowings" xlink:label="ifrs-full_RepaymentsOfCurrentBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfCurrentBorrowings" xlink:to="ifrs-full_RepaymentsOfCurrentBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RepaymentsOfCurrentBorrowings_lbl" xml:lang="en-US">Obtention / (payment) of short term loans, net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Deconsolidation2" xlink:label="irsa_Deconsolidation2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deconsolidation2" xlink:to="irsa_Deconsolidation2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_Deconsolidation2_lbl" xml:lang="en-US">Deconsolidation</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AccuredInterestClassifiedAsFinancingActivities" xlink:label="irsa_AccuredInterestClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AccuredInterestClassifiedAsFinancingActivities" xlink:to="irsa_AccuredInterestClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AccuredInterestClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Accrued interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CashAdvancesAndLoansFromRelatedParties" xlink:label="ifrs-full_CashAdvancesAndLoansFromRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAdvancesAndLoansFromRelatedParties" xlink:to="ifrs-full_CashAdvancesAndLoansFromRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAdvancesAndLoansFromRelatedParties_lbl" xml:lang="en-US">Changes in fair value of third-party loans</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LoansReceivedFromAssociatesAndJointVenturesNet" xlink:label="irsa_LoansReceivedFromAssociatesAndJointVenturesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LoansReceivedFromAssociatesAndJointVenturesNet" xlink:to="irsa_LoansReceivedFromAssociatesAndJointVenturesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LoansReceivedFromAssociatesAndJointVenturesNet_lbl" xml:lang="en-US">Loans received from associates and joint ventures, net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet" xlink:label="irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet" xlink:to="irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet_lbl" xml:lang="en-US">Cumulative translation adjustment and exchange differences, net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Borrowings_4_lbl" xml:lang="en-US">Balance at the end of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Borrowings1" xlink:label="irsa_Borrowings1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Borrowings1" xlink:to="irsa_Borrowings1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Borrowings1_lbl" xml:lang="en-US">Total Borrowings from collateralized liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LossOnSwapOfDebt" xlink:label="irsa_LossOnSwapOfDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LossOnSwapOfDebt" xlink:to="irsa_LossOnSwapOfDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LossOnSwapOfDebt_lbl" xml:lang="en-US">Loss on swap of debt</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RedemptionOfNonConvertibleNote" xlink:label="irsa_RedemptionOfNonConvertibleNote" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RedemptionOfNonConvertibleNote" xlink:to="irsa_RedemptionOfNonConvertibleNote_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RedemptionOfNonConvertibleNote_lbl" xml:lang="en-US">Redemption of non convertible note</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentTaxExpenseIncome" xlink:label="ifrs-full_CurrentTaxExpenseIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxExpenseIncome" xlink:to="ifrs-full_CurrentTaxExpenseIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CurrentTaxExpenseIncome_lbl" xml:lang="en-US">Current income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxExpenseIncome" xlink:label="ifrs-full_DeferredTaxExpenseIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncome" xlink:to="ifrs-full_DeferredTaxExpenseIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DeferredTaxExpenseIncome_lbl" xml:lang="en-US">Deferred income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_MinimumPresumedIncomeTaxMpit" xlink:label="irsa_MinimumPresumedIncomeTaxMpit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MinimumPresumedIncomeTaxMpit" xlink:to="irsa_MinimumPresumedIncomeTaxMpit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_MinimumPresumedIncomeTaxMpit_lbl" xml:lang="en-US">Minimum Presumed Income tax (MPIT)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_2_lbl" xml:lang="en-US">Income tax from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ApplicableTaxRate" xlink:label="ifrs-full_ApplicableTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ApplicableTaxRate" xlink:to="ifrs-full_ApplicableTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ApplicableTaxRate_lbl" xml:lang="en-US">Statutory taxes rates</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProfitLossFromContinuingOperations1" xlink:label="irsa_ProfitLossFromContinuingOperations1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitLossFromContinuingOperations1" xlink:to="irsa_ProfitLossFromContinuingOperations1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_ProfitLossFromContinuingOperations1_lbl" xml:lang="en-US">Loss from continuing operations at tax rate applicable in the respective countries</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PermanentDifferencesAbstract" xlink:label="irsa_PermanentDifferencesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PermanentDifferencesAbstract" xlink:to="irsa_PermanentDifferencesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PermanentDifferencesAbstract_lbl" xml:lang="en-US">Permanent differences:</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1" xlink:label="irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1" xlink:to="irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1_lbl" xml:lang="en-US">Share of profit of associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UnrecognizedTaxLossCarryforwards" xlink:label="irsa_UnrecognizedTaxLossCarryforwards" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnrecognizedTaxLossCarryforwards" xlink:to="irsa_UnrecognizedTaxLossCarryforwards_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_UnrecognizedTaxLossCarryforwards_lbl" xml:lang="en-US">Unrecognized tax loss carryforwards</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IncreaseDecreaseInFairValueMeasurementEntitysOwnEquityInstruments" xlink:label="ifrs-full_IncreaseDecreaseInFairValueMeasurementEntitysOwnEquityInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInFairValueMeasurementEntitysOwnEquityInstruments" xlink:to="ifrs-full_IncreaseDecreaseInFairValueMeasurementEntitysOwnEquityInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_IncreaseDecreaseInFairValueMeasurementEntitysOwnEquityInstruments_lbl" xml:lang="en-US">Changes in fair value of financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInValueOfTimeValueOfOptions" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInValueOfTimeValueOfOptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInValueOfTimeValueOfOptions" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInValueOfTimeValueOfOptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInValueOfTimeValueOfOptions_lbl" xml:lang="en-US">Change of tax rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:to="ifrs-full_AdjustmentsForReconcileProfitLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLoss_lbl" xml:lang="en-US">Non-taxable profit / (loss), non-deductible expenses and others</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomeTaxExpenseContinuingOperations1" xlink:label="irsa_IncomeTaxExpenseContinuingOperations1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxExpenseContinuingOperations1" xlink:to="irsa_IncomeTaxExpenseContinuingOperations1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_IncomeTaxExpenseContinuingOperations1_lbl" xml:lang="en-US">Income tax from continuing operations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_MinimumPresumedIncomeTaxMpit1" xlink:label="irsa_MinimumPresumedIncomeTaxMpit1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MinimumPresumedIncomeTaxMpit1" xlink:to="irsa_MinimumPresumedIncomeTaxMpit1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_MinimumPresumedIncomeTaxMpit1_lbl" xml:lang="en-US">MPIT</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months" xlink:label="irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months" xlink:to="irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months_lbl" xml:lang="en-US">Deferred income tax asset to be recovered after more than 12 months</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths" xlink:label="irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths" xlink:to="irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths_lbl" xml:lang="en-US">Deferred income tax asset to be recovered within 12 months</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeferredTaxAssets1" xlink:label="irsa_DeferredTaxAssets1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredTaxAssets1" xlink:to="irsa_DeferredTaxAssets1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="irsa_DeferredTaxAssets1_lbl" xml:lang="en-US">Deferred income tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months" xlink:label="irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months" xlink:to="irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months_lbl" xml:lang="en-US">Deferred income tax liability to be recovered after more than 12 months</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths" xlink:label="irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths" xlink:to="irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths_lbl" xml:lang="en-US">Deferred income tax liability to be recovered within 12 months</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeferredTaxLiabilities1" xlink:label="irsa_DeferredTaxLiabilities1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredTaxLiabilities1" xlink:to="irsa_DeferredTaxLiabilities1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_DeferredTaxLiabilities1_lbl" xml:lang="en-US">Deferred income tax liability</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DeferredTaxLiabilityAsset" xlink:label="ifrs-full_DeferredTaxLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_lbl" xml:lang="en-US">Deferred income tax assets (liabilities), net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract" xlink:label="ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract" xlink:to="ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract_lbl" xml:lang="en-US">Changes in deferred tax liability (asset) [abstract]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_2_lbl" xml:lang="en-US">Assets (Liabilities), net at beginning of period</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BusinessCombinationAndAssetsHeldForSale" xlink:label="irsa_BusinessCombinationAndAssetsHeldForSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BusinessCombinationAndAssetsHeldForSale" xlink:to="irsa_BusinessCombinationAndAssetsHeldForSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BusinessCombinationAndAssetsHeldForSale_lbl" xml:lang="en-US">Business combination and Assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CumulativeTranslationAdjustment3" xlink:label="irsa_CumulativeTranslationAdjustment3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustment3" xlink:to="irsa_CumulativeTranslationAdjustment3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CumulativeTranslationAdjustment3_lbl" xml:lang="en-US">Cumulative translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ChargedCreditedToStatementsOfIncome" xlink:label="irsa_ChargedCreditedToStatementsOfIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ChargedCreditedToStatementsOfIncome" xlink:to="irsa_ChargedCreditedToStatementsOfIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ChargedCreditedToStatementsOfIncome_lbl" xml:lang="en-US">Charged / (Credited) to the statements of income</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReclassificationOpeningBalances" xlink:label="irsa_ReclassificationOpeningBalances" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReclassificationOpeningBalances" xlink:to="irsa_ReclassificationOpeningBalances_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReclassificationOpeningBalances_lbl" xml:lang="en-US">Reclassification opening balances</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ChangesOfNoncontrollingInterest" xlink:label="irsa_ChangesOfNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ChangesOfNoncontrollingInterest" xlink:to="irsa_ChangesOfNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ChangesOfNoncontrollingInterest_lbl" xml:lang="en-US">Changes of non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_UseOfTaxLossCarryforwards" xlink:label="irsa_UseOfTaxLossCarryforwards" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UseOfTaxLossCarryforwards" xlink:to="irsa_UseOfTaxLossCarryforwards_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_UseOfTaxLossCarryforwards_lbl" xml:lang="en-US">Use of tax loss carry-forwards</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Deconsolidation3" xlink:label="irsa_Deconsolidation3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deconsolidation3" xlink:to="irsa_Deconsolidation3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_Deconsolidation3_lbl" xml:lang="en-US">Deconsolidation</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_3_lbl" xml:lang="en-US">Assets (Liabilities), net at ending of period</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingLossCarryforwardsOne" xlink:label="irsa_OperatingLossCarryforwardsOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsOne" xlink:to="irsa_OperatingLossCarryforwardsOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OperatingLossCarryforwardsOne_lbl" xml:lang="en-US">2019</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingLossCarryforwardsTwo" xlink:label="irsa_OperatingLossCarryforwardsTwo" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsTwo" xlink:to="irsa_OperatingLossCarryforwardsTwo_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OperatingLossCarryforwardsTwo_lbl" xml:lang="en-US">2020</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingLossCarryforwardsThree" xlink:label="irsa_OperatingLossCarryforwardsThree" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsThree" xlink:to="irsa_OperatingLossCarryforwardsThree_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OperatingLossCarryforwardsThree_lbl" xml:lang="en-US">2021</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingLossCarryforwardsFoure" xlink:label="irsa_OperatingLossCarryforwardsFoure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsFoure" xlink:to="irsa_OperatingLossCarryforwardsFoure_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OperatingLossCarryforwardsFoure_lbl" xml:lang="en-US">2022</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingLossCarryforwardsFive" xlink:label="irsa_OperatingLossCarryforwardsFive" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsFive" xlink:to="irsa_OperatingLossCarryforwardsFive_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OperatingLossCarryforwardsFive_lbl" xml:lang="en-US">2023</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingLossCarryforwardsSix" xlink:label="irsa_OperatingLossCarryforwardsSix" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsSix" xlink:to="irsa_OperatingLossCarryforwardsSix_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OperatingLossCarryforwardsSix_lbl" xml:lang="en-US">Do not expire</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OperatingIncomeTaxLossCarryforwards" xlink:label="irsa_OperatingIncomeTaxLossCarryforwards" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingIncomeTaxLossCarryforwards" xlink:to="irsa_OperatingIncomeTaxLossCarryforwards_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_OperatingIncomeTaxLossCarryforwards_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NetDeferredTaxAssets" xlink:label="ifrs-full_NetDeferredTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetDeferredTaxAssets_lbl" xml:lang="en-US">Deferred income tax assets, not recognize</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NetDeferredTaxLiabilities" xlink:label="ifrs-full_NetDeferredTaxLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxLiabilities" xlink:to="ifrs-full_NetDeferredTaxLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetDeferredTaxLiabilities_lbl" xml:lang="en-US">Deferred income tax liabilities, not recognize</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeTable" xlink:label="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeTable" xlink:to="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeTable_lbl" xml:lang="en-US">Disclosure of finance lease and operating lease by lessee [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems" xlink:label="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems" xlink:to="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems_lbl" xml:lang="en-US">Disclosure of finance lease and operating lease by lessee [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:label="ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease" xlink:to="ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease_lbl" xml:lang="en-US">Operating Lease by lessee</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease" xlink:label="ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease" xlink:to="ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease_lbl" xml:lang="en-US">Operating Lease by lessor</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RevenueFromCommunicationsServices" xlink:label="irsa_RevenueFromCommunicationsServices" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RevenueFromCommunicationsServices" xlink:to="irsa_RevenueFromCommunicationsServices_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RevenueFromCommunicationsServices_lbl" xml:lang="en-US">Income from communication services</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RentalIncome" xlink:label="ifrs-full_RentalIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RentalIncome" xlink:to="ifrs-full_RentalIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RentalIncome_lbl" xml:lang="en-US">Rental and services income</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RevenueFromSaleCommunicationEquipment" xlink:label="irsa_RevenueFromSaleCommunicationEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RevenueFromSaleCommunicationEquipment" xlink:to="irsa_RevenueFromSaleCommunicationEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RevenueFromSaleCommunicationEquipment_lbl" xml:lang="en-US">Sale of communication equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueFromConstructionContracts" xlink:label="ifrs-full_RevenueFromConstructionContracts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromConstructionContracts" xlink:to="ifrs-full_RevenueFromConstructionContracts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromConstructionContracts_lbl" xml:lang="en-US">Sale of trading properties and developments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueFromHotelOperations" xlink:label="ifrs-full_RevenueFromHotelOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromHotelOperations" xlink:to="ifrs-full_RevenueFromHotelOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromHotelOperations_lbl" xml:lang="en-US">Revenue from hotel operations and tourism services</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherRevenue" xlink:label="ifrs-full_OtherRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherRevenue" xlink:to="ifrs-full_OtherRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherRevenue_lbl" xml:lang="en-US">Other revenues</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Revenue_2_lbl" xml:lang="en-US">Total Group's revenues</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeStatementLocationsAxis" xlink:to="irsa_IncomeStatementLocationsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_IncomeStatementLocationsAxis_2_lbl" xml:lang="en-US">IncomeStatementLocationsAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SoldCostOfGoodsAndServices" xlink:label="irsa_SoldCostOfGoodsAndServices" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SoldCostOfGoodsAndServices" xlink:to="irsa_SoldCostOfGoodsAndServices_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SoldCostOfGoodsAndServices_lbl" xml:lang="en-US">Cost of sale of goods and services</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ShorttermEmployeeBenefitsExpense" xlink:label="ifrs-full_ShorttermEmployeeBenefitsExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermEmployeeBenefitsExpense" xlink:to="ifrs-full_ShorttermEmployeeBenefitsExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShorttermEmployeeBenefitsExpense_lbl" xml:lang="en-US">Salaries, social security costs and other personnel expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DepreciationAndAmortisationExpense" xlink:label="ifrs-full_DepreciationAndAmortisationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationAndAmortisationExpense" xlink:to="ifrs-full_DepreciationAndAmortisationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationAndAmortisationExpense_lbl" xml:lang="en-US">Depreciation and amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_FeeAndCommissionExpense" xlink:label="ifrs-full_FeeAndCommissionExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FeeAndCommissionExpense" xlink:to="ifrs-full_FeeAndCommissionExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FeeAndCommissionExpense_lbl" xml:lang="en-US">Fees and payments for services</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RepairsAndMaintenanceExpense" xlink:label="ifrs-full_RepairsAndMaintenanceExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepairsAndMaintenanceExpense" xlink:to="ifrs-full_RepairsAndMaintenanceExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepairsAndMaintenanceExpense_lbl" xml:lang="en-US">Maintenance, security, cleaning, repairs and others</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AdvertisingAndOtherSellingExpense" xlink:label="irsa_AdvertisingAndOtherSellingExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdvertisingAndOtherSellingExpense" xlink:to="irsa_AdvertisingAndOtherSellingExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AdvertisingAndOtherSellingExpense_lbl" xml:lang="en-US">Advertising and other selling expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TaxesRatesAndContributions" xlink:label="irsa_TaxesRatesAndContributions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TaxesRatesAndContributions" xlink:to="irsa_TaxesRatesAndContributions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TaxesRatesAndContributions_lbl" xml:lang="en-US">Taxes, rates and contributions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RenderingOfInterconnectionServices" xlink:label="irsa_RenderingOfInterconnectionServices" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RenderingOfInterconnectionServices" xlink:to="irsa_RenderingOfInterconnectionServices_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RenderingOfInterconnectionServices_lbl" xml:lang="en-US">Interconnection and roaming expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FeesToOtherOperators" xlink:label="irsa_FeesToOtherOperators" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FeesToOtherOperators" xlink:to="irsa_FeesToOtherOperators_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FeesToOtherOperators_lbl" xml:lang="en-US">Fees to other operators</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DirectorsFees" xlink:label="irsa_DirectorsFees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DirectorsFees" xlink:to="irsa_DirectorsFees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DirectorsFees_lbl" xml:lang="en-US">Director's fees</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PropertyServiceChargeExpense" xlink:label="ifrs-full_PropertyServiceChargeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyServiceChargeExpense" xlink:to="ifrs-full_PropertyServiceChargeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyServiceChargeExpense_lbl" xml:lang="en-US">Leases and service charges</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AllowanceForDoubtfulAccountsNet" xlink:label="irsa_AllowanceForDoubtfulAccountsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AllowanceForDoubtfulAccountsNet" xlink:to="irsa_AllowanceForDoubtfulAccountsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AllowanceForDoubtfulAccountsNet_lbl" xml:lang="en-US">Allowance for doubtful accounts, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherExpenseByNature" xlink:label="ifrs-full_OtherExpenseByNature" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherExpenseByNature" xlink:to="ifrs-full_OtherExpenseByNature_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherExpenseByNature_lbl" xml:lang="en-US">Other expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ExpenseByNature" xlink:label="ifrs-full_ExpenseByNature" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseByNature" xlink:to="ifrs-full_ExpenseByNature_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ExpenseByNature_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InventoriesTotal" xlink:label="ifrs-full_InventoriesTotal" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoriesTotal" xlink:to="ifrs-full_InventoriesTotal_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_InventoriesTotal_lbl" xml:lang="en-US">Inventories at the beginning of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PurchasesAndExpenses" xlink:label="irsa_PurchasesAndExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PurchasesAndExpenses" xlink:to="irsa_PurchasesAndExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PurchasesAndExpenses_lbl" xml:lang="en-US">Purchases and expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CapitalizedFinanceCosts1" xlink:label="irsa_CapitalizedFinanceCosts1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalizedFinanceCosts1" xlink:to="irsa_CapitalizedFinanceCosts1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CapitalizedFinanceCosts1_lbl" xml:lang="en-US">Capitalized finance costs</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CumulativeTranslationAdjustment" xlink:label="irsa_CumulativeTranslationAdjustment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustment" xlink:to="irsa_CumulativeTranslationAdjustment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CumulativeTranslationAdjustment_lbl" xml:lang="en-US">Cumulative translation adjustment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Transfers" xlink:label="irsa_Transfers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Transfers" xlink:to="irsa_Transfers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_Transfers_lbl" xml:lang="en-US">Transfers</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Deconsolidation1" xlink:label="irsa_Deconsolidation1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deconsolidation1" xlink:to="irsa_Deconsolidation1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_Deconsolidation1_lbl" xml:lang="en-US">Deconsolidation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_GainsOnDisposalsOfInvestmentProperties" xlink:label="ifrs-full_GainsOnDisposalsOfInvestmentProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsOnDisposalsOfInvestmentProperties" xlink:to="ifrs-full_GainsOnDisposalsOfInvestmentProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsOnDisposalsOfInvestmentProperties_lbl" xml:lang="en-US">Transfers to investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncorporatedByBusinessCombination" xlink:label="irsa_IncorporatedByBusinessCombination" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncorporatedByBusinessCombination" xlink:to="irsa_IncorporatedByBusinessCombination_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_IncorporatedByBusinessCombination_lbl" xml:lang="en-US">Incorporated by business combination</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoriesTotal" xlink:to="ifrs-full_InventoriesTotal_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_InventoriesTotal_2_lbl" xml:lang="en-US">Inventories at the end of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinanceCosts1" xlink:label="irsa_FinanceCosts1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceCosts1" xlink:to="irsa_FinanceCosts1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinanceCosts1_lbl" xml:lang="en-US">Total costs</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RealEstate" xlink:label="irsa_RealEstate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstate" xlink:to="irsa_RealEstate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RealEstate_lbl" xml:lang="en-US">Real estate</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Supermarkets" xlink:label="irsa_Supermarkets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Supermarkets" xlink:to="irsa_Supermarkets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Supermarkets_lbl" xml:lang="en-US">Supermarkets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Telecommunications" xlink:label="irsa_Telecommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Telecommunications" xlink:to="irsa_Telecommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Telecommunications_lbl" xml:lang="en-US">Telecommunications</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Others" xlink:label="irsa_Others" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Others" xlink:to="irsa_Others_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_Others_lbl" xml:lang="en-US">Others</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoriesTotal" xlink:to="ifrs-full_InventoriesTotal_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InventoriesTotal_3_lbl" xml:lang="en-US">Total inventories at the end of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GainFromDisposalOfAssociate" xlink:label="irsa_GainFromDisposalOfAssociate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GainFromDisposalOfAssociate" xlink:to="irsa_GainFromDisposalOfAssociate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_GainFromDisposalOfAssociate_lbl" xml:lang="en-US">Gain from disposal of an associate</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DonationExpenses" xlink:label="irsa_DonationExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DonationExpenses" xlink:to="irsa_DonationExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_DonationExpenses_lbl" xml:lang="en-US">Donations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LawsuitsAndOtherContingencies" xlink:label="irsa_LawsuitsAndOtherContingencies" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LawsuitsAndOtherContingencies" xlink:to="irsa_LawsuitsAndOtherContingencies_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_LawsuitsAndOtherContingencies_lbl" xml:lang="en-US">Lawsuits and other contingencies</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CurrencyTranslationAdjustmentReversal" xlink:label="irsa_CurrencyTranslationAdjustmentReversal" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CurrencyTranslationAdjustmentReversal" xlink:to="irsa_CurrencyTranslationAdjustmentReversal_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_CurrencyTranslationAdjustmentReversal_lbl" xml:lang="en-US">Currency translation adjustment reversal</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherOperatingIncomeExpense1" xlink:label="irsa_OtherOperatingIncomeExpense1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherOperatingIncomeExpense1" xlink:to="irsa_OtherOperatingIncomeExpense1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_OtherOperatingIncomeExpense1_lbl" xml:lang="en-US">Others</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherOperatingIncomeExpenseNet1" xlink:label="irsa_OtherOperatingIncomeExpenseNet1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherOperatingIncomeExpenseNet1" xlink:to="irsa_OtherOperatingIncomeExpenseNet1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_OtherOperatingIncomeExpenseNet1_lbl" xml:lang="en-US">Total other operating results, net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinanceIncomeAbstract" xlink:label="irsa_FinanceIncomeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncomeAbstract" xlink:to="irsa_FinanceIncomeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinanceIncomeAbstract_lbl" xml:lang="en-US">Finance income:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_RevenueFromInterest" xlink:label="ifrs-full_RevenueFromInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromInterest" xlink:to="ifrs-full_RevenueFromInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_RevenueFromInterest_lbl" xml:lang="en-US">Interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NetForeignExchangeGain" xlink:label="ifrs-full_NetForeignExchangeGain" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetForeignExchangeGain" xlink:to="ifrs-full_NetForeignExchangeGain_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetForeignExchangeGain_lbl" xml:lang="en-US">Foreign exchange gain</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinanceIncomeFromDividends" xlink:label="irsa_FinanceIncomeFromDividends" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncomeFromDividends" xlink:to="irsa_FinanceIncomeFromDividends_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinanceIncomeFromDividends_lbl" xml:lang="en-US">Dividends income</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinanceIncome1" xlink:label="irsa_FinanceIncome1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncome1" xlink:to="irsa_FinanceIncome1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_FinanceIncome1_lbl" xml:lang="en-US">Total finance income</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinanceCostsAbstract" xlink:label="irsa_FinanceCostsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceCostsAbstract" xlink:to="irsa_FinanceCostsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinanceCostsAbstract_lbl" xml:lang="en-US">Finance costs:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InterestExpense" xlink:label="ifrs-full_InterestExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpense" xlink:to="ifrs-full_InterestExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestExpense_lbl" xml:lang="en-US">Interest expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LossOnDebtSwap" xlink:to="irsa_LossOnDebtSwap_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="irsa_LossOnDebtSwap_2_lbl" xml:lang="en-US">Loss on debt swap (Note 19)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_NetForeignExchangeLoss" xlink:label="ifrs-full_NetForeignExchangeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetForeignExchangeLoss" xlink:to="ifrs-full_NetForeignExchangeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_NetForeignExchangeLoss_lbl" xml:lang="en-US">Foreign exchange loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_OtherFinanceCost" xlink:label="ifrs-full_OtherFinanceCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherFinanceCost" xlink:to="ifrs-full_OtherFinanceCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OtherFinanceCost_lbl" xml:lang="en-US">Other finance costs</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SubtotalFinanceCosts" xlink:label="irsa_SubtotalFinanceCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SubtotalFinanceCosts" xlink:to="irsa_SubtotalFinanceCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="irsa_SubtotalFinanceCosts_lbl" xml:lang="en-US">Subtotal finance costs</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinanceCosts2" xlink:label="irsa_FinanceCosts2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceCosts2" xlink:to="irsa_FinanceCosts2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="irsa_FinanceCosts2_lbl" xml:lang="en-US">Total finance costs</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherfinancialIncomeAbstract" xlink:label="irsa_OtherfinancialIncomeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherfinancialIncomeAbstract" xlink:to="irsa_OtherfinancialIncomeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_OtherfinancialIncomeAbstract_lbl" xml:lang="en-US">Other financial results:</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet" xlink:label="irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet" xlink:to="irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet_lbl" xml:lang="en-US">Fair value gain of financial assets and liabilities at fair value through profit or loss, net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GainLossOnDerivativeFinancialInstrumentsNet" xlink:label="irsa_GainLossOnDerivativeFinancialInstrumentsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GainLossOnDerivativeFinancialInstrumentsNet" xlink:to="irsa_GainLossOnDerivativeFinancialInstrumentsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GainLossOnDerivativeFinancialInstrumentsNet_lbl" xml:lang="en-US">Gain on derivative financial instruments, net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherFinanceIncomeCost1" xlink:label="irsa_OtherFinanceIncomeCost1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherFinanceIncomeCost1" xlink:to="irsa_OtherFinanceIncomeCost1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_OtherFinanceIncomeCost1_lbl" xml:lang="en-US">Total other financial results</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinanceIncomeExpensesNet" xlink:label="irsa_FinanceIncomeExpensesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncomeExpensesNet" xlink:to="irsa_FinanceIncomeExpensesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_FinanceIncomeExpensesNet_lbl" xml:lang="en-US">Total financial results, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_BasicEarningsPerShareAbstract" xlink:label="ifrs-full_BasicEarningsPerShareAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsPerShareAbstract" xlink:to="ifrs-full_BasicEarningsPerShareAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BasicEarningsPerShareAbstract_lbl" xml:lang="en-US">Basic</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xml:lang="en-US">Profit for the year of continuing operations attributable to equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xml:lang="en-US">Profit for the year of discontinued operations attributable to equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:to="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_lbl" xml:lang="en-US">Profit for the year attributable to equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_WeightedAverageShares" xlink:label="ifrs-full_WeightedAverageShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageShares_lbl" xml:lang="en-US">Weighted average number of ordinary shares outstanding</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BasicEarningsLossPerShare_2_lbl" xml:lang="en-US">Basic earnings per share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DilutedEarningsPerShareAbstract" xlink:label="ifrs-full_DilutedEarningsPerShareAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsPerShareAbstract" xlink:to="ifrs-full_DilutedEarningsPerShareAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DilutedEarningsPerShareAbstract_lbl" xml:lang="en-US">Diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:label="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:to="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_lbl" xml:lang="en-US">Profit for the year of continuing operations attributable to equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:to="ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_lbl" xml:lang="en-US">Profit for the year of discontinued operations attributable to equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:to="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_lbl" xml:lang="en-US">Profit for the year per share attributable to equity holders of the parent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_AdjustedWeightedAverageShares" xlink:label="ifrs-full_AdjustedWeightedAverageShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustedWeightedAverageShares" xlink:to="ifrs-full_AdjustedWeightedAverageShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustedWeightedAverageShares_lbl" xml:lang="en-US">Weighted average number of ordinary shares outstanding</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DilutedEarningsLossPerShare_2_lbl" xml:lang="en-US">Diluted earnings per share</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NumberOfSharesIncentivePlan" xlink:label="irsa_NumberOfSharesIncentivePlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NumberOfSharesIncentivePlan" xlink:to="irsa_NumberOfSharesIncentivePlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="irsa_NumberOfSharesIncentivePlan_lbl" xml:lang="en-US">At the beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Additions" xlink:label="irsa_Additions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Additions" xlink:to="irsa_Additions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_Additions_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Disposals" xlink:label="irsa_Disposals" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Disposals" xlink:to="irsa_Disposals_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_Disposals_lbl" xml:lang="en-US">Disposals</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Granted" xlink:label="irsa_Granted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Granted" xlink:to="irsa_Granted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Granted_lbl" xml:lang="en-US">Granted</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NumberOfSharesIncentivePlan" xlink:to="irsa_NumberOfSharesIncentivePlan_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="irsa_NumberOfSharesIncentivePlan_2_lbl" xml:lang="en-US">At the end</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ExercisePriceRangeOfOutstandingOptions" xlink:label="irsa_ExercisePriceRangeOfOutstandingOptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExercisePriceRangeOfOutstandingOptions" xlink:to="irsa_ExercisePriceRangeOfOutstandingOptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ExercisePriceRangeOfOutstandingOptions_lbl" xml:lang="en-US">Exercise price range of outstanding options</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AveragePriceOfOutstandingOptions" xlink:label="irsa_AveragePriceOfOutstandingOptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AveragePriceOfOutstandingOptions" xlink:to="irsa_AveragePriceOfOutstandingOptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AveragePriceOfOutstandingOptions_lbl" xml:lang="en-US">Average price of outstanding options</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AmountOfOutstandingOptions" xlink:label="irsa_AmountOfOutstandingOptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AmountOfOutstandingOptions" xlink:to="irsa_AmountOfOutstandingOptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AmountOfOutstandingOptions_lbl" xml:lang="en-US">Amount of outstanding options</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AverageRemainingUsefulLife" xlink:label="irsa_AverageRemainingUsefulLife" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AverageRemainingUsefulLife" xlink:to="irsa_AverageRemainingUsefulLife_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AverageRemainingUsefulLife_lbl" xml:lang="en-US">Average remaining useful life</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:to="ifrs-full_DisclosureOfDefinedBenefitPlansTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansTable_lbl" xml:lang="en-US">Disclosure of defined benefit plans [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:to="ifrs-full_DisclosureOfDefinedBenefitPlansLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansLineItems_lbl" xml:lang="en-US">Disclosure of defined benefit plans [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RetirementPlanFundingStatus1Axis" xlink:to="irsa_RetirementPlanFundingStatus1Axis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_RetirementPlanFundingStatus1Axis_2_lbl" xml:lang="en-US">RetirementPlanFundingStatus1Axis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="ifrs-full_DefinedBenefitObligationAtPresentValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue_lbl" xml:lang="en-US">Total present value of defined benefits obligations (post-employment)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_PlanAssetsAtFairValue" xlink:label="ifrs-full_PlanAssetsAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PlanAssetsAtFairValue" xlink:to="ifrs-full_PlanAssetsAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PlanAssetsAtFairValue_lbl" xml:lang="en-US">Fair value of plan assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RecognizedLiabilityForDefinedBenefitsObligations" xlink:label="irsa_RecognizedLiabilityForDefinedBenefitsObligations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RecognizedLiabilityForDefinedBenefitsObligations" xlink:to="irsa_RecognizedLiabilityForDefinedBenefitsObligations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_RecognizedLiabilityForDefinedBenefitsObligations_lbl" xml:lang="en-US">Recognized liability for defined benefits obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LiabilityForOtherLongTermBenefits" xlink:label="irsa_LiabilityForOtherLongTermBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LiabilityForOtherLongTermBenefits" xlink:to="irsa_LiabilityForOtherLongTermBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LiabilityForOtherLongTermBenefits_lbl" xml:lang="en-US">Liability for other long-term benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalRecognizedLiabilities" xlink:label="irsa_TotalRecognizedLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalRecognizedLiabilities" xlink:to="irsa_TotalRecognizedLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalRecognizedLiabilities_lbl" xml:lang="en-US">Total recognized liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AssetsDesignedForPaymentOfBenefitsForEmployees" xlink:label="irsa_AssetsDesignedForPaymentOfBenefitsForEmployees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AssetsDesignedForPaymentOfBenefitsForEmployees" xlink:to="irsa_AssetsDesignedForPaymentOfBenefitsForEmployees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AssetsDesignedForPaymentOfBenefitsForEmployees_lbl" xml:lang="en-US">Assets designed for payment of benefits for employees</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl" xml:lang="en-US">Net position from employee benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalRelatedParties" xlink:label="irsa_TotalRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalRelatedParties" xlink:to="irsa_TotalRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TotalRelatedParties_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_Advances" xlink:label="ifrs-full_Advances" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Advances" xlink:to="ifrs-full_Advances_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Advances_lbl" xml:lang="en-US">Contributions in advance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_5_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Borrowings_5_lbl" xml:lang="en-US">Loans granted</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ReimbursementOfExpenses" xlink:label="irsa_ReimbursementOfExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReimbursementOfExpenses" xlink:to="irsa_ReimbursementOfExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ReimbursementOfExpenses_lbl" xml:lang="en-US">Reimbursement of expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DividendsReceivables" xlink:label="irsa_DividendsReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendsReceivables" xlink:to="irsa_DividendsReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DividendsReceivables_lbl" xml:lang="en-US">Dividends receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PublicCompaniesSecurities" xlink:label="irsa_PublicCompaniesSecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PublicCompaniesSecurities" xlink:to="irsa_PublicCompaniesSecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PublicCompaniesSecurities_lbl" xml:lang="en-US">Public companies securities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LeasesAndRightsOfUse" xlink:label="irsa_LeasesAndRightsOfUse" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LeasesAndRightsOfUse" xlink:to="irsa_LeasesAndRightsOfUse_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LeasesAndRightsOfUse_lbl" xml:lang="en-US">Leases and/or rights of use</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CommissionExpense" xlink:label="irsa_CommissionExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CommissionExpense" xlink:to="irsa_CommissionExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CommissionExpense_lbl" xml:lang="en-US">Commissions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ManagementFee" xlink:label="irsa_ManagementFee" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ManagementFee" xlink:to="irsa_ManagementFee_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ManagementFee_lbl" xml:lang="en-US">Management fees</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Advertising" xlink:label="irsa_Advertising" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Advertising" xlink:to="irsa_Advertising_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Advertising_lbl" xml:lang="en-US">Advertising spaces</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShareBasesCompensationPlan" xlink:label="irsa_ShareBasesCompensationPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareBasesCompensationPlan" xlink:to="irsa_ShareBasesCompensationPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShareBasesCompensationPlan_lbl" xml:lang="en-US">Share-based compensation plan</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LongTermIncentivePlan" xlink:label="irsa_LongTermIncentivePlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LongTermIncentivePlan" xlink:to="irsa_LongTermIncentivePlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LongTermIncentivePlan_lbl" xml:lang="en-US">Long-term incentive plan</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CorporateServices" xlink:label="irsa_CorporateServices" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CorporateServices" xlink:to="irsa_CorporateServices_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_CorporateServices_lbl" xml:lang="en-US">Corporate services</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NonConvertibleNotes" xlink:label="irsa_NonConvertibleNotes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonConvertibleNotes" xlink:to="irsa_NonConvertibleNotes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_NonConvertibleNotes_lbl" xml:lang="en-US">NCN</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Fees" xlink:label="irsa_Fees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Fees" xlink:to="irsa_Fees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_Fees_lbl" xml:lang="en-US">Fees</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LegalServices" xlink:label="irsa_LegalServices" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LegalServices" xlink:to="irsa_LegalServices_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LegalServices_lbl" xml:lang="en-US">Legal services</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ContributionsToBePaid" xlink:label="irsa_ContributionsToBePaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ContributionsToBePaid" xlink:to="irsa_ContributionsToBePaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ContributionsToBePaid_lbl" xml:lang="en-US">Contributions to be paid</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalOfAssociateAndJointVenture1" xlink:label="irsa_TotalOfAssociateAndJointVenture1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOfAssociateAndJointVenture1" xlink:to="irsa_TotalOfAssociateAndJointVenture1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalOfAssociateAndJointVenture1_lbl" xml:lang="en-US">Total associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalParentCompany" xlink:label="irsa_TotalParentCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalParentCompany" xlink:to="irsa_TotalParentCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalParentCompany_lbl" xml:lang="en-US">Total parent company</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalOthers" xlink:label="irsa_TotalOthers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOthers" xlink:to="irsa_TotalOthers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalOthers_lbl" xml:lang="en-US">Total others</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LeaseAndRightsOfUse" xlink:label="irsa_LeaseAndRightsOfUse" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LeaseAndRightsOfUse" xlink:to="irsa_LeaseAndRightsOfUse_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_LeaseAndRightsOfUse_lbl" xml:lang="en-US">Leases and/or rights of use</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialOperations" xlink:label="irsa_FinancialOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialOperations" xlink:to="irsa_FinancialOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialOperations_lbl" xml:lang="en-US">Financial operations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CorporateServicesExpense" xlink:label="irsa_CorporateServicesExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CorporateServicesExpense" xlink:to="irsa_CorporateServicesExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CorporateServicesExpense_lbl" xml:lang="en-US">Corporate services</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FeesAndSalaries" xlink:label="irsa_FeesAndSalaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FeesAndSalaries" xlink:to="irsa_FeesAndSalaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FeesAndSalaries_lbl" xml:lang="en-US">Fees and remunerations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ManagementFees" xlink:label="irsa_ManagementFees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ManagementFees" xlink:to="irsa_ManagementFees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ManagementFees_lbl" xml:lang="en-US">Management fees</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DonationsAndSubsidiesExpense" xlink:label="ifrs-full_DonationsAndSubsidiesExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DonationsAndSubsidiesExpense" xlink:to="ifrs-full_DonationsAndSubsidiesExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DonationsAndSubsidiesExpense_lbl" xml:lang="en-US">Donations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LegalService" xlink:label="irsa_LegalService" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LegalService" xlink:to="irsa_LegalService_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_LegalService_lbl" xml:lang="en-US">Legal services</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalOfAssociateAndJointVenture" xlink:label="irsa_TotalOfAssociateAndJointVenture" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOfAssociateAndJointVenture" xlink:to="irsa_TotalOfAssociateAndJointVenture_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TotalOfAssociateAndJointVenture_lbl" xml:lang="en-US">Total associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalParentCompany1" xlink:label="irsa_TotalParentCompany1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalParentCompany1" xlink:to="irsa_TotalParentCompany1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TotalParentCompany1_lbl" xml:lang="en-US">Total parent company</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalOthers1" xlink:label="irsa_TotalOthers1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOthers1" xlink:to="irsa_TotalOthers1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TotalOthers1_lbl" xml:lang="en-US">Total others</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalRelatedParties1" xlink:label="irsa_TotalRelatedParties1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalRelatedParties1" xlink:to="irsa_TotalRelatedParties1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TotalRelatedParties1_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DividendsReceived" xlink:label="ifrs-full_DividendsReceived" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsReceived" xlink:to="ifrs-full_DividendsReceived_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsReceived_lbl" xml:lang="en-US">Dividends received</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DividendPaybles" xlink:label="irsa_DividendPaybles" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendPaybles" xlink:to="irsa_DividendPaybles_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DividendPaybles_lbl" xml:lang="en-US">Dividends paid</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalDistribution" xlink:label="irsa_TotalDistribution" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalDistribution" xlink:to="irsa_TotalDistribution_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalDistribution_lbl" xml:lang="en-US">Total distribution</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IrrevocableContributionsRelatedParties" xlink:label="irsa_IrrevocableContributionsRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IrrevocableContributionsRelatedParties" xlink:to="irsa_IrrevocableContributionsRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_IrrevocableContributionsRelatedParties_lbl" xml:lang="en-US">Irrevocable contributions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalSubsidiariesContributions" xlink:label="irsa_TotalSubsidiariesContributions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalSubsidiariesContributions" xlink:to="irsa_TotalSubsidiariesContributions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalSubsidiariesContributions_lbl" xml:lang="en-US">Total subsidiaries contributions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AcquisitionOfNoncontrollingInterest" xlink:label="irsa_AcquisitionOfNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AcquisitionOfNoncontrollingInterest" xlink:to="irsa_AcquisitionOfNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AcquisitionOfNoncontrollingInterest_lbl" xml:lang="en-US">Acquisition of non-controlling interest</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalOtherTransactions" xlink:label="irsa_TotalOtherTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOtherTransactions" xlink:to="irsa_TotalOtherTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalOtherTransactions_lbl" xml:lang="en-US">Total other transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialAssetsAbstract" xlink:label="irsa_FinancialAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsAbstract" xlink:to="irsa_FinancialAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialAssetsAbstract_lbl" xml:lang="en-US">Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_HedgingInstrumentAssets" xlink:label="ifrs-full_HedgingInstrumentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_HedgingInstrumentAssets" xlink:to="ifrs-full_HedgingInstrumentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_HedgingInstrumentAssets_lbl" xml:lang="en-US">Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_ClosingForeignExchangeRate" xlink:label="ifrs-full_ClosingForeignExchangeRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClosingForeignExchangeRate" xlink:to="ifrs-full_ClosingForeignExchangeRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClosingForeignExchangeRate_lbl" xml:lang="en-US">Exchange rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DerivativeFinancialAssets" xlink:label="ifrs-full_DerivativeFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialAssets" xlink:to="ifrs-full_DerivativeFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DerivativeFinancialAssets_lbl" xml:lang="en-US">Derivative Financial Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialAssetsTradeAndOtherReceivables" xlink:label="irsa_FinancialAssetsTradeAndOtherReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsTradeAndOtherReceivables" xlink:to="irsa_FinancialAssetsTradeAndOtherReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialAssetsTradeAndOtherReceivables_lbl" xml:lang="en-US">Total trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialAssetsRestrictedAssets" xlink:label="irsa_FinancialAssetsRestrictedAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsRestrictedAssets" xlink:to="irsa_FinancialAssetsRestrictedAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialAssetsRestrictedAssets_lbl" xml:lang="en-US">Total restricted assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentsInFinancialAssets" xlink:label="irsa_InvestmentsInFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInFinancialAssets" xlink:to="irsa_InvestmentsInFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_InvestmentsInFinancialAssets_lbl" xml:lang="en-US">Total investments in financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DerivativeFinancialInstruments" xlink:label="irsa_DerivativeFinancialInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativeFinancialInstruments" xlink:to="irsa_DerivativeFinancialInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DerivativeFinancialInstruments_lbl" xml:lang="en-US">Total derivative financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialAssetsCashAndCashEquivalents" xlink:label="irsa_FinancialAssetsCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsCashAndCashEquivalents" xlink:to="irsa_FinancialAssetsCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialAssetsCashAndCashEquivalents_lbl" xml:lang="en-US">Total cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssets" xlink:to="ifrs-full_FinancialAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssets_2_lbl" xml:lang="en-US">Total assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialLiabilitiesAbstract" xlink:label="irsa_FinancialLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialLiabilitiesAbstract" xlink:to="irsa_FinancialLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialLiabilitiesAbstract_lbl" xml:lang="en-US">Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_HedgingInstrumentLiabilities" xlink:label="ifrs-full_HedgingInstrumentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_HedgingInstrumentLiabilities" xlink:to="ifrs-full_HedgingInstrumentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_HedgingInstrumentLiabilities_lbl" xml:lang="en-US">Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ExchangeForeignRate" xlink:label="irsa_ExchangeForeignRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExchangeForeignRate" xlink:to="irsa_ExchangeForeignRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_ExchangeForeignRate_lbl" xml:lang="en-US">Exchange rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DerivativeFinancialLiabilities" xlink:label="ifrs-full_DerivativeFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xml:lang="en-US">Derivative Financial Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialLiabilitiesTradeAndOtherPayables" xlink:label="irsa_FinancialLiabilitiesTradeAndOtherPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialLiabilitiesTradeAndOtherPayables" xlink:to="irsa_FinancialLiabilitiesTradeAndOtherPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialLiabilitiesTradeAndOtherPayables_lbl" xml:lang="en-US">Total trade and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FinancialLiabilitiesBorrowings" xlink:label="irsa_FinancialLiabilitiesBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialLiabilitiesBorrowings" xlink:to="irsa_FinancialLiabilitiesBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_FinancialLiabilitiesBorrowings_lbl" xml:lang="en-US">Total borrowings</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilities_2_lbl" xml:lang="en-US">Total liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PropertyPlantAndEquipment1" xlink:label="irsa_PropertyPlantAndEquipment1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PropertyPlantAndEquipment1" xlink:to="irsa_PropertyPlantAndEquipment1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_PropertyPlantAndEquipment1_lbl" xml:lang="en-US">Property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_InvestmentsInAssociates" xlink:label="ifrs-full_InvestmentsInAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInAssociates" xlink:to="ifrs-full_InvestmentsInAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentsInAssociates_lbl" xml:lang="en-US">Investments in associates</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeferredTaxAssets2" xlink:label="irsa_DeferredTaxAssets2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredTaxAssets2" xlink:to="irsa_DeferredTaxAssets2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_DeferredTaxAssets2_lbl" xml:lang="en-US">Deferred income tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentProperties" xlink:label="irsa_InvestmentProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentProperties" xlink:to="irsa_InvestmentProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_InvestmentProperties_lbl" xml:lang="en-US">Investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IncomeTaxCredits" xlink:label="irsa_IncomeTaxCredits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxCredits" xlink:to="irsa_IncomeTaxCredits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="irsa_IncomeTaxCredits_lbl" xml:lang="en-US">Income tax credits</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TradeAndOtherReceivables1" xlink:label="irsa_TradeAndOtherReceivables1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherReceivables1" xlink:to="irsa_TradeAndOtherReceivables1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_TradeAndOtherReceivables1_lbl" xml:lang="en-US">Trade and other receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CashAndCashEquivalents1" xlink:label="irsa_CashAndCashEquivalents1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAndCashEquivalents1" xlink:to="irsa_CashAndCashEquivalents1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_CashAndCashEquivalents1_lbl" xml:lang="en-US">Cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TotalGroupOfAssetsHeldForSale" xlink:label="irsa_TotalGroupOfAssetsHeldForSale" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalGroupOfAssetsHeldForSale" xlink:to="irsa_TotalGroupOfAssetsHeldForSale_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_TotalGroupOfAssetsHeldForSale_lbl" xml:lang="en-US">Total group of assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_TradeAndOtherPayables" xlink:label="ifrs-full_TradeAndOtherPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayables" xlink:to="ifrs-full_TradeAndOtherPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherPayables_lbl" xml:lang="en-US">Trade and other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SalariesAndSocialSecurityLiabilities2" xlink:label="irsa_SalariesAndSocialSecurityLiabilities2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalariesAndSocialSecurityLiabilities2" xlink:to="irsa_SalariesAndSocialSecurityLiabilities2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_SalariesAndSocialSecurityLiabilities2_lbl" xml:lang="en-US">Salaries and social security liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:label="ifrs-full_CurrentProvisionsForEmployeeBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:to="ifrs-full_CurrentProvisionsForEmployeeBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentProvisionsForEmployeeBenefits_lbl" xml:lang="en-US">Employee benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DeferredTaxLiabilities2" xlink:label="irsa_DeferredTaxLiabilities2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredTaxLiabilities2" xlink:to="irsa_DeferredTaxLiabilities2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_DeferredTaxLiabilities2_lbl" xml:lang="en-US">Deferred income tax liability</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Borrowings2" xlink:label="irsa_Borrowings2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Borrowings2" xlink:to="irsa_Borrowings2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_Borrowings2_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Liabilities1" xlink:label="irsa_Liabilities1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Liabilities1" xlink:to="irsa_Liabilities1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="irsa_Liabilities1_lbl" xml:lang="en-US">Total group of liabilities held for sale</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetAssetsLiabilities" xlink:to="ifrs-full_NetAssetsLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NetAssetsLiabilities_2_lbl" xml:lang="en-US">Total net assets held for sale</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Revenue1" xlink:label="irsa_Revenue1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Revenue1" xlink:to="irsa_Revenue1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_Revenue1_lbl" xml:lang="en-US">Revenues</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CostOfSales_2_lbl" xml:lang="en-US">Costs</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GrossProfit1" xlink:label="irsa_GrossProfit1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossProfit1" xlink:to="irsa_GrossProfit1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GrossProfit1_lbl" xml:lang="en-US">Gross profit</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GeneralAndAdministrativeExpense1" xlink:label="irsa_GeneralAndAdministrativeExpense1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GeneralAndAdministrativeExpense1" xlink:to="irsa_GeneralAndAdministrativeExpense1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_GeneralAndAdministrativeExpense1_lbl" xml:lang="en-US">General and administrative expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SellingExpense1" xlink:label="irsa_SellingExpense1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SellingExpense1" xlink:to="irsa_SellingExpense1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_SellingExpense1_lbl" xml:lang="en-US">Selling expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherOperatingExpenseByNature" xlink:label="irsa_OtherOperatingExpenseByNature" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherOperatingExpenseByNature" xlink:to="irsa_OtherOperatingExpenseByNature_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_OtherOperatingExpenseByNature_lbl" xml:lang="en-US">Other operating results, net</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProfitLossFromOperatingActivities1" xlink:label="irsa_ProfitLossFromOperatingActivities1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitLossFromOperatingActivities1" xlink:to="irsa_ProfitLossFromOperatingActivities1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ProfitLossFromOperatingActivities1_lbl" xml:lang="en-US">Profit from operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1" xlink:to="irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1_2_lbl" xml:lang="en-US">Share of profit of associates and joint ventures</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProfitLossBeforeFinancialResultsAndIncomeTax" xlink:label="irsa_ProfitLossBeforeFinancialResultsAndIncomeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitLossBeforeFinancialResultsAndIncomeTax" xlink:to="irsa_ProfitLossBeforeFinancialResultsAndIncomeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ProfitLossBeforeFinancialResultsAndIncomeTax_lbl" xml:lang="en-US">Profit before financial results and income tax</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceCosts_2_lbl" xml:lang="en-US">Finance cost</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OtherFinancialResults" xlink:label="irsa_OtherFinancialResults" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherFinancialResults" xlink:to="irsa_OtherFinancialResults_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_OtherFinancialResults_lbl" xml:lang="en-US">Other financial results</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncomeExpensesNet" xlink:to="irsa_FinanceIncomeExpensesNet_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="irsa_FinanceIncomeExpensesNet_2_lbl" xml:lang="en-US">Financial results, net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossBeforeTax_3_lbl" xml:lang="en-US">Profit before income tax</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_3_lbl" xml:lang="en-US">Income tax</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:to="ifrs-full_ProfitLossFromDiscontinuedOperations_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossFromDiscontinuedOperations_2_lbl" xml:lang="en-US">Profit from discontinued operations</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ComprehensiveIncomeFromDiscontinuedOperationsAttributableToAbstract" xlink:label="irsa_ComprehensiveIncomeFromDiscontinuedOperationsAttributableToAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromDiscontinuedOperationsAttributableToAbstract" xlink:to="irsa_ComprehensiveIncomeFromDiscontinuedOperationsAttributableToAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ComprehensiveIncomeFromDiscontinuedOperationsAttributableToAbstract_lbl" xml:lang="en-US">Profit for the year from discontinued operations attributable to:</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ProfitFromDiscontinuedOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract" xlink:label="irsa_ProfitFromDiscontinuedOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitFromDiscontinuedOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract" xlink:to="irsa_ProfitFromDiscontinuedOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ProfitFromDiscontinuedOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract_lbl" xml:lang="en-US">Profit per share from discontinued operations attributable to equity holders of the parent:</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_BasicEarningsLossPerShare_3_lbl" xml:lang="en-US">Basic</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_DilutedEarningsLossPerShare_3_lbl" xml:lang="en-US">Diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_lbl" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_lbl" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PartialPrepayment" xlink:label="irsa_PartialPrepayment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PartialPrepayment" xlink:to="irsa_PartialPrepayment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PartialPrepayment_lbl" xml:lang="en-US">Partial prepayment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PercentageOfPartialPrepayment" xlink:label="irsa_PercentageOfPartialPrepayment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfPartialPrepayment" xlink:to="irsa_PercentageOfPartialPrepayment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PercentageOfPartialPrepayment_lbl" xml:lang="en-US">Percentage of partial prepayment</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ConsiderationTransfer" xlink:label="irsa_ConsiderationTransfer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ConsiderationTransfer" xlink:to="irsa_ConsiderationTransfer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ConsiderationTransfer_lbl" xml:lang="en-US">Consideration transaction amount</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ClosingTransactionDate" xlink:label="irsa_ClosingTransactionDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ClosingTransactionDate" xlink:to="irsa_ClosingTransactionDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_ClosingTransactionDate_lbl" xml:lang="en-US">Closing transaction date</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage" xlink:label="irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage" xlink:to="irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage_lbl" xml:lang="en-US">Percentage of equity interest swap transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage" xlink:label="irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage" xlink:to="irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage_lbl" xml:lang="en-US">Reduction in interest of capital stock</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PercentageOfSaleOfShareCapital" xlink:label="irsa_PercentageOfSaleOfShareCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfSaleOfShareCapital" xlink:to="irsa_PercentageOfSaleOfShareCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PercentageOfSaleOfShareCapital_lbl" xml:lang="en-US">Percentage of sale of share capital</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2018-03-16/full_ifrs/full_ifrs-cor_2018-03-16.xsd#ifrs-full_DividendPayables" xlink:label="ifrs-full_DividendPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendPayables" xlink:to="ifrs-full_DividendPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendPayables_lbl" xml:lang="en-US">Dividend payable</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingProperties" xlink:to="irsa_TradingProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradingProperties_doc" xml:lang="en-US">The amount of property for Trading in Properties.&amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;#160;</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxCredit" xlink:to="irsa_IncomeTaxCredit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncomeTaxCredit_doc" xml:lang="en-US">The amount of Income Tax or and Minimum Presumed Income Tax MPIT Credit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsHeldForSale" xlink:to="irsa_FinancialAssetsHeldForSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialAssetsHeldForSale_doc" xml:lang="en-US">The amount of financial assets held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalariesAndSocialSecurityLiabilities" xlink:to="irsa_SalariesAndSocialSecurityLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SalariesAndSocialSecurityLiabilities_doc" xml:lang="en-US">Refers to the amount of salaries and social security liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalariesAndSocialSecurityLiabilitiesCurrent" xlink:to="irsa_SalariesAndSocialSecurityLiabilitiesCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SalariesAndSocialSecurityLiabilitiesCurrent_doc" xml:lang="en-US">Refers to amount of salaries and social security liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties" xlink:to="irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties_doc" xml:lang="en-US">Refers to the amount of net gain from fair value adjustments of investment properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax" xlink:to="irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax_doc" xml:lang="en-US">Refers to the amount of a profit from operations before financial result and income tax.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherComprehensiveIncomeFromContinuingOperations" xlink:to="irsa_OtherComprehensiveIncomeFromContinuingOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherComprehensiveIncomeFromContinuingOperations_doc" xml:lang="en-US">Refers to the amount of other comprehensive income from countinuing operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherComprehensiveIncomeFromDiscontinuedOperations" xlink:to="irsa_OtherComprehensiveIncomeFromDiscontinuedOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherComprehensiveIncomeFromDiscontinuedOperations_doc" xml:lang="en-US">Refers to the amount of other comprehensive income from discontinued operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperations" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperations_doc" xml:lang="en-US">Refers to the amount of comprehensive income fron continuing operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromDiscontinuingOperations" xlink:to="irsa_ComprehensiveIncomeFromDiscontinuingOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ComprehensiveIncomeFromDiscontinuingOperations_doc" xml:lang="en-US">Refers to the amount of comprehensive income from discontinuing operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent_doc" xml:lang="en-US">Refers to the amount of comprehensive income from continuing operations attributable to owners of parent.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests_doc" xml:lang="en-US">Refers to the amount of comprehensive income from continuing operations attributable to noncontrolling interests.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareCapitalMember" xlink:to="irsa_ShareCapitalMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShareCapitalMember_doc" xml:lang="en-US">This member stands for share capital of the entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InflationAdjustmentOfShareCapitalAndTreasurySharesMember" xlink:to="irsa_InflationAdjustmentOfShareCapitalAndTreasurySharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InflationAdjustmentOfShareCapitalAndTreasurySharesMember_doc" xml:lang="en-US">This member stands for inflation Adjustment Of Share Capital and treasury shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdditionalPaidInCapitalFromTreasurySharesMember" xlink:to="irsa_AdditionalPaidInCapitalFromTreasurySharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AdditionalPaidInCapitalFromTreasurySharesMember_doc" xml:lang="en-US">This member stands for additional paid in capital from treasury shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LegalReservesMember" xlink:to="irsa_LegalReservesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LegalReservesMember_doc" xml:lang="en-US">This member stands for legal reserves.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CNV60912ResolutionSpecialReserveMember" xlink:to="irsa_CNV60912ResolutionSpecialReserveMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CNV60912ResolutionSpecialReserveMember_doc" xml:lang="en-US">This member stands for resolution special reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SubtotalMember" xlink:to="irsa_SubtotalMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SubtotalMember_doc" xml:lang="en-US">This member stands for subtotal of entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CostOfTreasurySharesMember" xlink:to="irsa_CostOfTreasurySharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CostOfTreasurySharesMember_doc" xml:lang="en-US">This member stands for cost of treasury shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ChangesInNonControllingInterestMember" xlink:to="irsa_ChangesInNonControllingInterestMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ChangesInNonControllingInterestMember_doc" xml:lang="en-US">This member stands for changes in non controlling interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReserveForShareBasedPaymentsMember" xlink:to="irsa_ReserveForShareBasedPaymentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReserveForShareBasedPaymentsMember_doc" xml:lang="en-US">This member stands for reserve for share based payments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReserveForFutureDividendsMember" xlink:to="irsa_ReserveForFutureDividendsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReserveForFutureDividendsMember_doc" xml:lang="en-US">This member stands for reserve for future dividends.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustmentReserveMember" xlink:to="irsa_CumulativeTranslationAdjustmentReserveMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CumulativeTranslationAdjustmentReserveMember_doc" xml:lang="en-US">This member stands for cumulative translation adjustment reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SpecialReserveMember" xlink:to="irsa_SpecialReserveMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SpecialReserveMember_doc" xml:lang="en-US">This member stands for special reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReserveForDefinedContributionPlansMember" xlink:to="irsa_ReserveForDefinedContributionPlansMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReserveForDefinedContributionPlansMember_doc" xml:lang="en-US">This member stands for reserve for defined contribution plans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherReservesFromSubsidiariesMember" xlink:to="irsa_OtherReservesFromSubsidiariesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherReservesFromSubsidiariesMember_doc" xml:lang="en-US">This member stands for other reserves from subsidiaries.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EquityBeforeRevaluationAdjustment" xlink:to="irsa_EquityBeforeRevaluationAdjustment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EquityBeforeRevaluationAdjustment_doc" xml:lang="en-US">Refers to the amount of equity before revaluation adjustment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RevaluationAdjustmentAtFairValueOfInvestmentProperty" xlink:to="irsa_RevaluationAdjustmentAtFairValueOfInvestmentProperty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RevaluationAdjustmentAtFairValueOfInvestmentProperty_doc" xml:lang="en-US">Refers to the amount of revaluation adjustment at fair value of investment property.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OutOfPeriodAdjustments" xlink:to="irsa_OutOfPeriodAdjustments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OutOfPeriodAdjustments_doc" xml:lang="en-US">Refers to the amount of out of period adjustments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination" xlink:to="irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination_doc" xml:lang="en-US">Refers to the amount of cumulative translation adjustment for interest held before business combination.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ChangesInNoncontrollingInterest" xlink:to="irsa_ChangesInNoncontrollingInterest_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ChangesInNoncontrollingInterest_doc" xml:lang="en-US">Refers to the amount of changes in non controlling interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReimbursementOfExpiredDividends" xlink:to="irsa_ReimbursementOfExpiredDividends_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReimbursementOfExpiredDividends_doc" xml:lang="en-US">Refers to the amount of reimbursement of expired dividends.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid" xlink:to="irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid_doc" xml:lang="en-US">Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxAnDMPITPaid" xlink:to="irsa_IncomeTaxAnDMPITPaid_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncomeTaxAnDMPITPaid_doc" xml:lang="en-US">Represents the information of income tax an d m p i t paid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates" xlink:to="irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates_doc" xml:lang="en-US">Represents the information of capital increases contributions to joint ventures and associates.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IssuanceOfCapitalInSubsidiaries" xlink:to="irsa_IssuanceOfCapitalInSubsidiaries_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IssuanceOfCapitalInSubsidiaries_doc" xml:lang="en-US">Represents the information of issuance of capital in subsidiaries.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalDistributionToNonControllingInterestInSubsidiaries" xlink:to="irsa_CapitalDistributionToNonControllingInterestInSubsidiaries_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CapitalDistributionToNonControllingInterestInSubsidiaries_doc" xml:lang="en-US">Represents the information of capital distribution to non controlling interest in subsidiaries.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AcquisitionOfNonControllingInterestInSubsidiaries" xlink:to="irsa_AcquisitionOfNonControllingInterestInSubsidiaries_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AcquisitionOfNonControllingInterestInSubsidiaries_doc" xml:lang="en-US">Represents the information of acquisition of non controlling interest in subsidiaries.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries" xlink:to="irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries_doc" xml:lang="en-US">Represents the information of proceeds from sale of non controlling interest in subsidiaries.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReceiptsFromClaims" xlink:to="irsa_ReceiptsFromClaims_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReceiptsFromClaims_doc" xml:lang="en-US">Represents the information of receipts from claims.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AcquisitionOfDerivativeFinancialInstruments" xlink:to="irsa_AcquisitionOfDerivativeFinancialInstruments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AcquisitionOfDerivativeFinancialInstruments_doc" xml:lang="en-US">Represents the information of acquisition of derivative financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProceedsFromDerivativeFinancialInstruments" xlink:to="irsa_ProceedsFromDerivativeFinancialInstruments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProceedsFromDerivativeFinancialInstruments_doc" xml:lang="en-US">Represents the information of proceeds from derivative financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations" xlink:to="irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations_doc" xml:lang="en-US">Represents the information of increase decrease net cash provided by used in continuing operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ForeignExchangeGainOnCashAndCashEquivalents" xlink:to="irsa_ForeignExchangeGainOnCashAndCashEquivalents_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ForeignExchangeGainOnCashAndCashEquivalents_doc" xml:lang="en-US">Represents the information of foreign exchange gain on cash and cash equivalents.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures" xlink:to="irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures_doc" xml:lang="en-US">Amount of dividends received from sales of associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfTradingPropertiesExplanatory" xlink:to="irsa_DisclosureOfTradingPropertiesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfTradingPropertiesExplanatory_doc" xml:lang="en-US">The disclosure of trading properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfFinancialResultsNetExplanatory" xlink:to="irsa_DisclosureOfFinancialResultsNetExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfFinancialResultsNetExplanatory_doc" xml:lang="en-US">The disclosure of financial results, net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfGroupsOfAssetsAndLiabilitiesHeldForSaleExplanatory" xlink:to="irsa_DisclosureOfGroupsOfAssetsAndLiabilitiesHeldForSaleExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfGroupsOfAssetsAndLiabilitiesHeldForSaleExplanatory_doc" xml:lang="en-US">The entire disclosure for groups of assets and liabilities held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates" xlink:to="irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates_doc" xml:lang="en-US">Amount of proceeds from sales of interest held in associates joint ventures and associates.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScopeOfConsolidationPolicyExplanatory" xlink:to="irsa_ScopeOfConsolidationPolicyExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ScopeOfConsolidationPolicyExplanatory_doc" xml:lang="en-US">Represent scope of consolidation policy explanatory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsOfAssetsAndLiabilitiesHeldForSalePolicyExplanatory" xlink:to="irsa_GroupsOfAssetsAndLiabilitiesHeldForSalePolicyExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GroupsOfAssetsAndLiabilitiesHeldForSalePolicyExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for groups of assets and liabilities held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IrrevocableRightOfUseOfCapacityOfUnderwaterCommunicationLinesPolicyExplanatory" xlink:to="irsa_IrrevocableRightOfUseOfCapacityOfUnderwaterCommunicationLinesPolicyExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IrrevocableRightOfUseOfCapacityOfUnderwaterCommunicationLinesPolicyExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for irrevocable right of use of capacity of underwater communication lines.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CurrentIncomeTaxDeferredIncomeTaxAndMinimumPresumedIncomeTaxPolicyExplanatory" xlink:to="irsa_CurrentIncomeTaxDeferredIncomeTaxAndMinimumPresumedIncomeTaxPolicyExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CurrentIncomeTaxDeferredIncomeTaxAndMinimumPresumedIncomeTaxPolicyExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for current income tax deferred income tax and minimum presumed income tax.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CostOfSalesPolicyExplanatory" xlink:to="irsa_CostOfSalesPolicyExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CostOfSalesPolicyExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for cost of sales.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareCapitalPolicyExplanatory" xlink:to="irsa_ShareCapitalPolicyExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShareCapitalPolicyExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for share capital.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComparabilityOfInformationPolicyExplanatory" xlink:to="irsa_ComparabilityOfInformationPolicyExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ComparabilityOfInformationPolicyExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for comparability of information.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OutofperiodAdjustmentPolicyExplanatory" xlink:to="irsa_OutofperiodAdjustmentPolicyExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OutofperiodAdjustmentPolicyExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for out of period adjustment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DescriptionOfAccountingPolicyOnerousContractsExplanatory" xlink:to="irsa_DescriptionOfAccountingPolicyOnerousContractsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DescriptionOfAccountingPolicyOnerousContractsExplanatory_doc" xml:lang="en-US">Represents the description of accounting policy onerous contracts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory" xlink:to="irsa_DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory_doc" xml:lang="en-US">The information represent the disclosure of income and other comprehensive income explanatory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory" xlink:to="irsa_DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory_doc" xml:lang="en-US">The information represent the disclosure of business through several operating and investment companies explanatory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfUsefulLifeExplanatory" xlink:to="irsa_DisclosureOfUsefulLifeExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfUsefulLifeExplanatory_doc" xml:lang="en-US">The information represent the disclosure of useful life explanatory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory" xlink:to="irsa_DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory_doc" xml:lang="en-US">Represent disclosure of net carrying amount by the functional currencies explanatory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory" xlink:to="irsa_DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory_doc" xml:lang="en-US">Represent disclosure of key metrics in relation to capital structure explanatory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1_doc" xml:lang="en-US">Refers to the amount of comprehensive income from continuing operations attributable to owners of parent.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1" xlink:to="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1_doc" xml:lang="en-US">Refers to the amount of comprehensive income from continuing operations attributable to noncontrolling interests.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory" xlink:to="irsa_DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory_doc" xml:lang="en-US">The disclosure of changes additional information related to the investment in joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfFinancialInformationOfTheJointVenturesExplanatory" xlink:to="irsa_DisclosureOfFinancialInformationOfTheJointVenturesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfFinancialInformationOfTheJointVenturesExplanatory_doc" xml:lang="en-US">The disclosure of changes financial information of the joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory" xlink:to="irsa_DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory_doc" xml:lang="en-US">The disclosure of changes recognized in the statements of income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesExplanatory" xlink:to="irsa_TradingPropertiesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradingPropertiesExplanatory_doc" xml:lang="en-US">Tabular information about trading properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfBookValueOfFinancialInstrumentsRecognizedExplanatory" xlink:to="irsa_DisclosureOfBookValueOfFinancialInstrumentsRecognizedExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfBookValueOfFinancialInstrumentsRecognizedExplanatory_doc" xml:lang="en-US">The disclosure of changes in book value of financial instruments recognized.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfIncomeExpenseGainsOrLossesOfFinancialInstrumentsExplanatory" xlink:to="irsa_DisclosureOfIncomeExpenseGainsOrLossesOfFinancialInstrumentsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfIncomeExpenseGainsOrLossesOfFinancialInstrumentsExplanatory_doc" xml:lang="en-US">Tabular information about income expense gains or losses of financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory" xlink:to="irsa_DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory_doc" xml:lang="en-US">The disclosure of changes in range of valuation models for the measurement of Level 2 and Level 3 instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfChangesInLevel3InstrumentsExplanatory" xlink:to="irsa_DisclosureOfChangesInLevel3InstrumentsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfChangesInLevel3InstrumentsExplanatory_doc" xml:lang="en-US">The disclosure of changes in Level 3 instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureTradeAndOtherReceivablesExplanatory" xlink:to="irsa_DisclosureTradeAndOtherReceivablesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureTradeAndOtherReceivablesExplanatory_doc" xml:lang="en-US">Tabular information about trade and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory" xlink:to="irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory_doc" xml:lang="en-US">The disclosure of changes aging analysis of past due unimpaired and impaired receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfCashFlowsGeneratedExplanatory" xlink:to="irsa_DisclosureOfCashFlowsGeneratedExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfCashFlowsGeneratedExplanatory_doc" xml:lang="en-US">The disclosure of represents detailed description of cash flows generated</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfSignificantNonCashTransactionsExplanatory" xlink:to="irsa_DisclosureOfSignificantNonCashTransactionsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfSignificantNonCashTransactionsExplanatory_doc" xml:lang="en-US">The disclosure of represents significant non-cash transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfTradeAndOtherPayablesExplanatory" xlink:to="irsa_ScheduleOfTradeAndOtherPayablesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ScheduleOfTradeAndOtherPayablesExplanatory_doc" xml:lang="en-US">Tabular information about trade and other payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfFairValueOfBorrowingsExplanatory" xlink:to="irsa_DisclosureOfFairValueOfBorrowingsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfFairValueOfBorrowingsExplanatory_doc" xml:lang="en-US">The disclosure of changes fair value of borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfMaturityOfTheBorrowingsExplanatory" xlink:to="irsa_DisclosureOfMaturityOfTheBorrowingsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfMaturityOfTheBorrowingsExplanatory_doc" xml:lang="en-US">The disclosure of changes maturity of the Group's borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory" xlink:to="irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory_doc" xml:lang="en-US">The disclosure of changes borrowing by type of fixed-rate and floating-rate, per currency denomination and per functional currency of the subsidiary that holds the loans for the fiscal years.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfIncomeTaxExplanatory" xlink:to="irsa_ScheduleOfIncomeTaxExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ScheduleOfIncomeTaxExplanatory_doc" xml:lang="en-US">Tabular information about income tax.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfStatutoryTaxesRatesExplanatory" xlink:to="irsa_DisclosureOfStatutoryTaxesRatesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfStatutoryTaxesRatesExplanatory_doc" xml:lang="en-US">Tabular information about statutory taxes rates.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfReconciliationIncomeTaxExpenseExplanatory" xlink:to="irsa_DisclosureOfReconciliationIncomeTaxExpenseExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfReconciliationIncomeTaxExpenseExplanatory_doc" xml:lang="en-US">Tabular information about reconciliation income tax expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfDeferredTaxAssetsExplanatory" xlink:to="irsa_DisclosureOfDeferredTaxAssetsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfDeferredTaxAssetsExplanatory_doc" xml:lang="en-US">Tabular information about deferred tax assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory" xlink:to="irsa_DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory_doc" xml:lang="en-US">Tabular information about movement in the deferred income tax assets and liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfTaxLossCarryForwardExplanatory" xlink:to="irsa_DisclosureOfTaxLossCarryForwardExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfTaxLossCarryForwardExplanatory_doc" xml:lang="en-US">Tabular information about tax loss carry forward.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfExpensesByNatureExplanatory" xlink:to="irsa_ScheduleOfExpensesByNatureExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ScheduleOfExpensesByNatureExplanatory_doc" xml:lang="en-US">Tabular information about expenses by nature.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfFinancialResultsExplanatory" xlink:to="irsa_DisclosureOfFinancialResultsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfFinancialResultsExplanatory_doc" xml:lang="en-US">Tabular information about financial results.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfBasicEarningsPerShareExplanatory" xlink:to="irsa_DisclosureOfBasicEarningsPerShareExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfBasicEarningsPerShareExplanatory_doc" xml:lang="en-US">Tabular information about basic earnings per share.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfDilutedEarningsPerShareExplanatory" xlink:to="irsa_DisclosureOfDilutedEarningsPerShareExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfDilutedEarningsPerShareExplanatory_doc" xml:lang="en-US">Tabular information about diluted earnings per share.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory" xlink:to="irsa_DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory_doc" xml:lang="en-US">Tabular information about movements in the number of matching shares outstanding.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfSeniorManagementRemunerationExplanatory" xlink:to="irsa_DisclosureOfSeniorManagementRemunerationExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfSeniorManagementRemunerationExplanatory_doc" xml:lang="en-US">Tabular information about senior management remuneration.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory" xlink:to="irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory_doc" xml:lang="en-US">Tabular information about balances with related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfForeignCurrencyAssetsAndLiabilitiesExplanatory" xlink:to="irsa_DisclosureOfForeignCurrencyAssetsAndLiabilitiesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfForeignCurrencyAssetsAndLiabilitiesExplanatory_doc" xml:lang="en-US">Tabular information about foreign currency assets and liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisclosureOfMainAssetsAndLiabilitiesClassifiedAsHeldForSaleExplanatory" xlink:to="irsa_DisclosureOfMainAssetsAndLiabilitiesClassifiedAsHeldForSaleExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisclosureOfMainAssetsAndLiabilitiesClassifiedAsHeldForSaleExplanatory_doc" xml:lang="en-US">Tabular information about main assets and liabilities classified as held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RevaluationSurplus1" xlink:to="irsa_RevaluationSurplus1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RevaluationSurplus1_doc" xml:lang="en-US">The revaluation surplus amount classfied as in other comprehensive income that will be reclassified to profit or loss, net of tax.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl" xlink:to="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl_doc" xml:lang="en-US">The increase (decrease) in equity through changes in ownership interests in subsidiaries that result in loss of control.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities" xlink:to="irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities_doc" xml:lang="en-US">The cash outflow for net increase of restricted assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LoandGranted" xlink:to="irsa_LoandGranted_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LoandGranted_doc" xml:lang="en-US">The cash outflow for loans granted.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ObtentionPaymentOfShortTermLoansNet" xlink:to="irsa_ObtentionPaymentOfShortTermLoansNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ObtentionPaymentOfShortTermLoansNet_doc" xml:lang="en-US">The net cash inflow and outflow for obtention / (payment) of short term loans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NewPharmDrugstoresLtdMember" xlink:to="irsa_NewPharmDrugstoresLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NewPharmDrugstoresLtdMember_doc" xml:lang="en-US">Represents the aggregation and reporting of combined amounts of individually immaterial business combinations that were completed during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShufersalLtdMember" xlink:to="irsa_ShufersalLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShufersalLtdMember_doc" xml:lang="en-US">Represents the aggregation and reporting of combined amounts of individually immaterial business combinations that were completed during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseDecreaseDueToApplicationOfIFRS9Member" xlink:to="irsa_IncreaseDecreaseDueToApplicationOfIFRS9Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseDecreaseDueToApplicationOfIFRS9Member_doc" xml:lang="en-US">This member stands for the financial effect of changes in accounting policy and corrections of prior period errors.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IRSAPropiedadesComercialesSAMember" xlink:to="irsa_IRSAPropiedadesComercialesSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IRSAPropiedadesComercialesSAMember_doc" xml:lang="en-US">This member stands for IRSA propiedades comerciales SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ECommerceLatinaSAMember" xlink:to="irsa_ECommerceLatinaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ECommerceLatinaSAMember_doc" xml:lang="en-US">This member stands for ecommerce latina SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EfanurSAMember" xlink:to="irsa_EfanurSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EfanurSAMember_doc" xml:lang="en-US">This member stands for efanur SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HotelesArgentinosSAMember" xlink:to="irsa_HotelesArgentinosSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_HotelesArgentinosSAMember_doc" xml:lang="en-US">This member stands for hoteles argentinos SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InversoraBolivarSAMember" xlink:to="irsa_InversoraBolivarSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InversoraBolivarSAMember_doc" xml:lang="en-US">This member stands for inversora bolivar SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LlaoLlaoResortsSAMember" xlink:to="irsa_LlaoLlaoResortsSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LlaoLlaoResortsSAMember_doc" xml:lang="en-US">This member stands for llao llao resorts SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NuevasFronterasSAMember" xlink:to="irsa_NuevasFronterasSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NuevasFronterasSAMember_doc" xml:lang="en-US">This member stands for nuevas fronteras SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PalermoInvestSAMember" xlink:to="irsa_PalermoInvestSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PalermoInvestSAMember_doc" xml:lang="en-US">This member stands for palermolnvest SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RitelcoSAMember" xlink:to="irsa_RitelcoSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RitelcoSAMember_doc" xml:lang="en-US">This member stands for ritelco SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TyrusSAMember" xlink:to="irsa_TyrusSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TyrusSAMember_doc" xml:lang="en-US">This member stands for tyrus SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ArcosdelGourmetSAMember" xlink:to="irsa_ArcosdelGourmetSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ArcosdelGourmetSAMember_doc" xml:lang="en-US">This member stands for arcosdel gourmet SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EmprendimientoRecoletaSAMember" xlink:to="irsa_EmprendimientoRecoletaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EmprendimientoRecoletaSAMember_doc" xml:lang="en-US">This member stands for emprendimiento recoleta SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FibesaSAMember" xlink:to="irsa_FibesaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FibesaSAMember_doc" xml:lang="en-US">This member stands for fibesa SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PanamericanMallSAMember" xlink:to="irsa_PanamericanMallSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PanamericanMallSAMember_doc" xml:lang="en-US">This member stands for panamerican mall SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShoppingNeuquenSAMember" xlink:to="irsa_ShoppingNeuquenSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShoppingNeuquenSAMember_doc" xml:lang="en-US">This member stands for shopping neuquen SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TorodurSAMember" xlink:to="irsa_TorodurSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TorodurSAMember_doc" xml:lang="en-US">This member stands for torodur SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EntertainmentHoldingsSAMember" xlink:to="irsa_EntertainmentHoldingsSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EntertainmentHoldingsSAMember_doc" xml:lang="en-US">This member stands for entertainment holdings SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DolphinFundLtdMember" xlink:to="irsa_DolphinFundLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DolphinFundLtdMember_doc" xml:lang="en-US">This member stands for dolphin fund ltd.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IMadisonLLCMember" xlink:to="irsa_IMadisonLLCMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IMadisonLLCMember_doc" xml:lang="en-US">This member stands for I madison LLC.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IRSADevelopmentLPMember" xlink:to="irsa_IRSADevelopmentLPMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IRSADevelopmentLPMember_doc" xml:lang="en-US">This member stands for IRSA development LP.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IRSAInternationalLLCMember" xlink:to="irsa_IRSAInternationalLLCMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IRSAInternationalLLCMember_doc" xml:lang="en-US">This member stands for IRSA international LLC.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_JiwinSAMember" xlink:to="irsa_JiwinSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_JiwinSAMember_doc" xml:lang="en-US">This member stands for jiwin SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LiveckSAMember" xlink:to="irsa_LiveckSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LiveckSAMember_doc" xml:lang="en-US">This member stands for liveck SA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstateInvestmentGroupIVLPREIGIVMember" xlink:to="irsa_RealEstateInvestmentGroupIVLPREIGIVMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RealEstateInvestmentGroupIVLPREIGIVMember_doc" xml:lang="en-US">This member stands for real estate investment group IVLPREIGIV.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstateInvestmentGroupVLPMember" xlink:to="irsa_RealEstateInvestmentGroupVLPMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RealEstateInvestmentGroupVLPMember_doc" xml:lang="en-US">This member stands for real estate investment group VLP.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstateStrategiesLLCMember" xlink:to="irsa_RealEstateStrategiesLLCMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RealEstateStrategiesLLCMember_doc" xml:lang="en-US">This member stands for real estate strategies LLC.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstateInvestmentGroupVIILPREIGVIIMember" xlink:to="irsa_RealEstateInvestmentGroupVIILPREIGVIIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RealEstateInvestmentGroupVIILPREIGVIIMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IDBDevelopmentCorporationLtdMember" xlink:to="irsa_IDBDevelopmentCorporationLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IDBDevelopmentCorporationLtdMember_doc" xml:lang="en-US">This member stands for IDB development corporation ltd.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountInvestmentCorporationLtdMember" xlink:to="irsa_DiscountInvestmentCorporationLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DiscountInvestmentCorporationLtdMember_doc" xml:lang="en-US">This member stands for discount investment corporation ltd.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IDBTourism2009LtdMember" xlink:to="irsa_IDBTourism2009LtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IDBTourism2009LtdMember_doc" xml:lang="en-US">This member stands for IDB tourism 2009 ltd.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IDBGroupInvestmentIncMember" xlink:to="irsa_IDBGroupInvestmentIncMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IDBGroupInvestmentIncMember_doc" xml:lang="en-US">This member stands for IDB group investment inc.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PropertyAndBuildingCorporationLtdMember" xlink:to="irsa_PropertyAndBuildingCorporationLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PropertyAndBuildingCorporationLtdMember_doc" xml:lang="en-US">This member stands for property and building corporation ltd.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CellcomIsraelLtdMember" xlink:to="irsa_CellcomIsraelLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CellcomIsraelLtdMember_doc" xml:lang="en-US">This member stands for cellcom israel ltd.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ElronElectronicIndustriesLtdMember" xlink:to="irsa_ElronElectronicIndustriesLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ElronElectronicIndustriesLtdMember_doc" xml:lang="en-US">This member stands for elron electronic industries ltd.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BartanHoldingsandInvestmentsLtdMember" xlink:to="irsa_BartanHoldingsandInvestmentsLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BartanHoldingsandInvestmentsLtdMember_doc" xml:lang="en-US">This member stands for bartan holdings and investment ltd.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EpsilonInvestmentHouseLtdMember" xlink:to="irsa_EpsilonInvestmentHouseLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EpsilonInvestmentHouseLtdMember_doc" xml:lang="en-US">This member stands for epsilon investment house ltd.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UTIRSAAndGaleriasPacificoMember" xlink:to="irsa_UTIRSAAndGaleriasPacificoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UTIRSAAndGaleriasPacificoMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CentroDeEntretenimientoLaPlataMember" xlink:to="irsa_CentroDeEntretenimientoLaPlataMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CentroDeEntretenimientoLaPlataMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DolphinILInvestmentLtdMember" xlink:to="irsa_DolphinILInvestmentLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DolphinILInvestmentLtdMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MainActivityOfAssociate" xlink:to="irsa_MainActivityOfAssociate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_MainActivityOfAssociate_doc" xml:lang="en-US">Represent information about the main activity associate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShorttermBorrowings1" xlink:to="irsa_ShorttermBorrowings1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShorttermBorrowings1_doc" xml:lang="en-US">The amount of current borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CurrentTaxLiabilitiesCurrent1" xlink:to="irsa_CurrentTaxLiabilitiesCurrent1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CurrentTaxLiabilitiesCurrent1_doc" xml:lang="en-US">The current amount of current tax liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate" xlink:to="irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate_doc" xml:lang="en-US">Information about employee benefits recognised as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProvisionsAsOfAcquisitionDate" xlink:to="irsa_ProvisionsAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProvisionsAsOfAcquisitionDate_doc" xml:lang="en-US">The amount recognised as of the acquisition date for liabilities of uncertain timing or amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet" xlink:to="irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet_doc" xml:lang="en-US">Amount of identifiable assets acquired</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost" xlink:to="irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost_doc" xml:lang="en-US">Amount of remediation of fair value of remaining interest when control in subsidiary is lost.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentPropertyAsOfAcquisitionDate" xlink:to="irsa_InvestmentPropertyAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentPropertyAsOfAcquisitionDate_doc" xml:lang="en-US">Refers to the amount of investment property as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate" xlink:to="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate_doc" xml:lang="en-US">Refers to the amount of investments in subsidiaries joint ventures and associates as of a cquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate" xlink:to="irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate_doc" xml:lang="en-US">Information about restricted assets recogniseda as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate" xlink:to="irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate_doc" xml:lang="en-US">Refers to the amount of investment in financial assets recognised as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate" xlink:to="irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate_doc" xml:lang="en-US">Refers to the amount of derivative financial instruments as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IdentifiableAssetsAcquired" xlink:to="irsa_IdentifiableAssetsAcquired_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IdentifiableAssetsAcquired_doc" xml:lang="en-US">Amount of identifiable assets acquired.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EmployeeBenefitsAsOfAcquisitionDate" xlink:to="irsa_EmployeeBenefitsAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EmployeeBenefitsAsOfAcquisitionDate_doc" xml:lang="en-US">Refers to the amount of employee benefits as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate" xlink:to="irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate_doc" xml:lang="en-US">Information about salaries and social security liabilities acquisition dates.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxLiabilitesAsOfAcquisitionDate" xlink:to="irsa_IncomeTaxLiabilitesAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncomeTaxLiabilitesAsOfAcquisitionDate_doc" xml:lang="en-US">Refers to the amount of income tax liabilites as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed" xlink:to="irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed_doc" xml:lang="en-US">Amount of assets other than cash or cash equivalents in subsidiary or businesses acquired or disposed.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_FunctionalCurrencyAxis" xlink:label="irsa_FunctionalCurrencyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FunctionalCurrencyAxis" xlink:to="irsa_FunctionalCurrencyAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FunctionalCurrencyAxis_doc" xml:lang="en-US">Information by functional currency.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherPayablesMember" xlink:to="irsa_TradeAndOtherPayablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradeAndOtherPayablesMember_doc" xml:lang="en-US">This member stands for trade and other payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsExcludingFinanceLeasesMember" xlink:to="irsa_BorrowingsExcludingFinanceLeasesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsExcludingFinanceLeasesMember_doc" xml:lang="en-US">This member stands for borrowings excluding finance leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceLeasesObligationsMember" xlink:to="irsa_FinanceLeasesObligationsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinanceLeasesObligationsMember_doc" xml:lang="en-US">This member stands for classes of financial liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativeFinancialInstrumentsMember" xlink:to="irsa_DerivativeFinancialInstrumentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DerivativeFinancialInstrumentsMember_doc" xml:lang="en-US">This member stands for derivate financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaterThanOneYearAndNotLaterThanTwoYearMember" xlink:to="irsa_LaterThanOneYearAndNotLaterThanTwoYearMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LaterThanOneYearAndNotLaterThanTwoYearMember_doc" xml:lang="en-US">This member stands for later than one year and not later than two year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaterThanTwoYearAndNotLaterThanThreeYearMember" xlink:to="irsa_LaterThanTwoYearAndNotLaterThanThreeYearMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LaterThanTwoYearAndNotLaterThanThreeYearMember_doc" xml:lang="en-US">This member stands for later than one year and not later than three year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaterThanThreeYearAndNotLaterThanFourYearMember" xlink:to="irsa_LaterThanThreeYearAndNotLaterThanFourYearMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LaterThanThreeYearAndNotLaterThanFourYearMember_doc" xml:lang="en-US">This member stands for later than one year and not later than four year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaterThanFourYearsMember" xlink:to="irsa_LaterThanFourYearsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LaterThanFourYearsMember_doc" xml:lang="en-US">This member stands for later than four years.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingSegments1Member" xlink:to="irsa_OperatingSegments1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingSegments1Member_doc" xml:lang="en-US">This member stands for operating segments. An operating segment is a component of an entity: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same entity); (b) whose operating results are regularly reviewed by the entity&#8217;s chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance; and (c) for which discrete financial information is available. [Refer: Revenue]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PurchaseObligationsMember" xlink:to="irsa_PurchaseObligationsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PurchaseObligationsMember_doc" xml:lang="en-US">This member stands for classes of financial liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GearingRatio" xlink:to="irsa_GearingRatio_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GearingRatio_doc" xml:lang="en-US">The amount of profit loss before financial results and income tax.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DebtRatio" xlink:to="irsa_DebtRatio_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DebtRatio_doc" xml:lang="en-US">The amount of debt ratio.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativesFinancialInstrumentsMember" xlink:to="irsa_DerivativesFinancialInstrumentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DerivativesFinancialInstrumentsMember_doc" xml:lang="en-US">This member stands for derivatives financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InterestsRateRiskMember" xlink:to="irsa_InterestsRateRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InterestsRateRiskMember_doc" xml:lang="en-US">This member stands for interest rate risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ConsumerPriceIndexRiskMember" xlink:to="irsa_ConsumerPriceIndexRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ConsumerPriceIndexRiskMember_doc" xml:lang="en-US">This member stands for types of risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ConsumerPriceIndexRisk1Member" xlink:to="irsa_ConsumerPriceIndexRisk1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ConsumerPriceIndexRisk1Member_doc" xml:lang="en-US">This member stands for types of risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency" xlink:to="irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency_doc" xml:lang="en-US">The reasonably possible percentage of the increase in foreign currency.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsAtBookValue" xlink:to="irsa_FinancialAssetsAtBookValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialAssetsAtBookValue_doc" xml:lang="en-US">The book value of contract.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate" xlink:to="irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate_doc" xml:lang="en-US">The reasonably possible percentage of the increase in interest rate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfReasonablyPossibleDecreaseInFinancialInstrument" xlink:to="irsa_PercentageOfReasonablyPossibleDecreaseInFinancialInstrument_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PercentageOfReasonablyPossibleDecreaseInFinancialInstrument_doc" xml:lang="en-US">The reasonably possible percentage of the increase in interest rate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfTradeReceivable" xlink:to="irsa_PercentageOfTradeReceivable_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PercentageOfTradeReceivable_doc" xml:lang="en-US">The total percentage of trade receivable .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfLongTermBorrowing" xlink:to="irsa_PercentageOfLongTermBorrowing_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PercentageOfLongTermBorrowing_doc" xml:lang="en-US">The reasonably possible percentage of the long term borrowing.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeStatementAxis" xlink:to="irsa_IncomeStatementAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncomeStatementAxis_doc" xml:lang="en-US">Information by location in the income statement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOperatingSegmentMember" xlink:to="irsa_TotalOperatingSegmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalOperatingSegmentMember_doc" xml:lang="en-US">This member stands for total operating segment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExpensesAndCollectivePromotionFundsMember" xlink:to="irsa_ExpensesAndCollectivePromotionFundsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ExpensesAndCollectivePromotionFundsMember_doc" xml:lang="en-US">This member stands for expenses and collective promotion funds.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_StatementOfIncomeAndStatementOfFinancialPositionMember" xlink:to="irsa_StatementOfIncomeAndStatementOfFinancialPositionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_StatementOfIncomeAndStatementOfFinancialPositionMember_doc" xml:lang="en-US">This member stands for statement of income and statement of financial position.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SegmentAssets" xlink:to="irsa_SegmentAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SegmentAssets_doc" xml:lang="en-US">The amount of segment assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReportableLiabilities" xlink:to="irsa_ReportableLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReportableLiabilities_doc" xml:lang="en-US">The amount of reportable liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShoppingMallsMember" xlink:to="irsa_ShoppingMallsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShoppingMallsMember_doc" xml:lang="en-US">This member stands for shopping malls.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OfficesMember" xlink:to="irsa_OfficesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OfficesMember_doc" xml:lang="en-US">This member stands for types of segement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalesAndDevelopmentsMember" xlink:to="irsa_SalesAndDevelopmentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SalesAndDevelopmentsMember_doc" xml:lang="en-US">This member stands for sales and developments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HotelsMember" xlink:to="irsa_HotelsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_HotelsMember_doc" xml:lang="en-US">This member stands for hotels.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InternationalMember" xlink:to="irsa_InternationalMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InternationalMember_doc" xml:lang="en-US">This member stands for international.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Corporate1Member" xlink:to="irsa_Corporate1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Corporate1Member_doc" xml:lang="en-US">This member stands for types of segement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherSegmentsMember" xlink:to="irsa_OtherSegmentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherSegmentsMember_doc" xml:lang="en-US">This member stands for types of segement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentPropertiesAndTradingProperties" xlink:to="irsa_InvestmentPropertiesAndTradingProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentPropertiesAndTradingProperties_doc" xml:lang="en-US">Amount of investment properties and trading properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherOperatingAssets" xlink:to="irsa_OtherOperatingAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherOperatingAssets_doc" xml:lang="en-US">The amount of other operating assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingAssets" xlink:to="irsa_OperatingAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingAssets_doc" xml:lang="en-US">The amount of operating assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstate1Member" xlink:to="irsa_RealEstate1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RealEstate1Member_doc" xml:lang="en-US">Property consisting of land, land improvement and buildings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SupermarketsMember" xlink:to="irsa_SupermarketsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SupermarketsMember_doc" xml:lang="en-US">This member stands for supermarket.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TelecommunicationsMember" xlink:to="irsa_TelecommunicationsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TelecommunicationsMember_doc" xml:lang="en-US">This member stands for telecommunication.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InsuranceMember" xlink:to="irsa_InsuranceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InsuranceMember_doc" xml:lang="en-US">This member stands for insurance.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OthersMember" xlink:to="irsa_OthersMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OthersMember_doc" xml:lang="en-US">This member stands for others.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLiabilities" xlink:to="irsa_OperatingLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingLiabilities_doc" xml:lang="en-US">The amount of operating liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingAssetsLiabilitiesNet" xlink:to="irsa_OperatingAssetsLiabilitiesNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingAssetsLiabilitiesNet_doc" xml:lang="en-US">The amount of operating asset liabilities net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MinorityInterest1" xlink:to="irsa_MinorityInterest1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_MinorityInterest1_doc" xml:lang="en-US">Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1" xlink:to="irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1_doc" xml:lang="en-US">Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialCostCharged" xlink:to="irsa_FinancialCostCharged_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialCostCharged_doc" xml:lang="en-US">The amount represent about the financial cost charged.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalizedLeasingCosts" xlink:to="irsa_CapitalizedLeasingCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CapitalizedLeasingCosts_doc" xml:lang="en-US">The amount represent about the capitalized leasing costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AmortizationOfCapitalizedLeasingCosts" xlink:to="irsa_AmortizationOfCapitalizedLeasingCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AmortizationOfCapitalizedLeasingCosts_doc" xml:lang="en-US">The amounts represents of the amortization of capitalized leasing costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls" xlink:to="irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls_doc" xml:lang="en-US">The amounts represents of the transfer amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersToPropertyPlantAndEquipment" xlink:to="irsa_TransfersToPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransfersToPropertyPlantAndEquipment_doc" xml:lang="en-US">The amount represent about the transfer to property, plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersToTradingProperties" xlink:to="irsa_TransfersToTradingProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransfersToTradingProperties_doc" xml:lang="en-US">The amount represent about the transfer to trading properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersToAssetsHeldForSale" xlink:to="irsa_TransfersToAssetsHeldForSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransfersToAssetsHeldForSale_doc" xml:lang="en-US">The amount represent about the transfer to asset held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentPropertiesDeconsolidation" xlink:to="irsa_InvestmentPropertiesDeconsolidation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentPropertiesDeconsolidation_doc" xml:lang="en-US">The amount of investment properties deconsolidation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AssetsIncorporatedByBusinessCombination" xlink:to="irsa_AssetsIncorporatedByBusinessCombination_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AssetsIncorporatedByBusinessCombination_doc" xml:lang="en-US">The amount of assets incorporated by business combination.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReclassificationPreviousPeriods" xlink:to="irsa_ReclassificationPreviousPeriods_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReclassificationPreviousPeriods_doc" xml:lang="en-US">The amount represent about the reclassification previous periods.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RentalPropertiesMember" xlink:to="irsa_RentalPropertiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RentalPropertiesMember_doc" xml:lang="en-US">The information about rental properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UndevelopedParcelsOfLandMember" xlink:to="irsa_UndevelopedParcelsOfLandMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UndevelopedParcelsOfLandMember_doc" xml:lang="en-US">The information of undeveloped parcels of land.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DevelopmentExpenditures" xlink:to="irsa_DevelopmentExpenditures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DevelopmentExpenditures_doc" xml:lang="en-US">The amount represents about the development expenditures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealizedInvestmentPropertyGainsLosses" xlink:to="irsa_RealizedInvestmentPropertyGainsLosses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RealizedInvestmentPropertyGainsLosses_doc" xml:lang="en-US">The amount represents the net income on the change in the fair value of realized investment property.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnrealizedInvestmentPropertyGainsLosses" xlink:to="irsa_UnrealizedInvestmentPropertyGainsLosses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UnrealizedInvestmentPropertyGainsLosses_doc" xml:lang="en-US">The amount represents the net income on the change in the fair value of unrealized investment property.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UsesRentalProperty1Axis" xlink:to="irsa_UsesRentalProperty1Axis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UsesRentalProperty1Axis_doc" xml:lang="en-US">Represent information about use of rental property.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FairValueParameterAxis" xlink:to="irsa_FairValueParameterAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FairValueParameterAxis_doc" xml:lang="en-US">Represent information about fair value parameter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RentalPropertyMember" xlink:to="irsa_RentalPropertyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RentalPropertyMember_doc" xml:lang="en-US">The information of rental property.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ILMember" xlink:to="irsa_ILMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ILMember_doc" xml:lang="en-US">This member stands for aggregated geographical areas.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountRateMember" xlink:to="irsa_DiscountRateMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DiscountRateMember_doc" xml:lang="en-US">This member stands for fair value parameter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ILSMember" xlink:to="irsa_ILSMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ILSMember_doc" xml:lang="en-US">This member stands for aggregated geographical areas.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WeightedAverageRentalValueMember" xlink:to="irsa_WeightedAverageRentalValueMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_WeightedAverageRentalValueMember_doc" xml:lang="en-US">This member stands for fair value parameter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CommercialUseMember" xlink:to="irsa_CommercialUseMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CommercialUseMember_doc" xml:lang="en-US">This member stands for commercial use.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IndustrialUseMember" xlink:to="irsa_IndustrialUseMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IndustrialUseMember_doc" xml:lang="en-US">This member stands for industrial use.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_USMember" xlink:to="irsa_USMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_USMember_doc" xml:lang="en-US">This member stands for aggregated geographical areas.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HSBCBuildingMember" xlink:to="irsa_HSBCBuildingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_HSBCBuildingMember_doc" xml:lang="en-US">This member stands for HSBC building.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_USDMember" xlink:to="irsa_USDMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_USDMember_doc" xml:lang="en-US">This member stands for types of currency.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OfficesAndCommercialUseMember" xlink:to="irsa_OfficesAndCommercialUseMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OfficesAndCommercialUseMember_doc" xml:lang="en-US">This member stands for offices and commercial use.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ARMember" xlink:to="irsa_ARMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ARMember_doc" xml:lang="en-US">This member stands for types of currency.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrowthRateMember" xlink:to="irsa_GrowthRateMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GrowthRateMember_doc" xml:lang="en-US">This member stands for fair value parameter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InflationMember" xlink:to="irsa_InflationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InflationMember_doc" xml:lang="en-US">This member stands for fair value parameter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DevaluationMember" xlink:to="irsa_DevaluationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DevaluationMember_doc" xml:lang="en-US">This member stands for fair value parameter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PlotOfLandMember" xlink:to="irsa_PlotOfLandMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PlotOfLandMember_doc" xml:lang="en-US">This member stands for plot of land.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ComparableWithIncidenceAdjustmentMember" xlink:to="irsa_ComparableWithIncidenceAdjustmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ComparableWithIncidenceAdjustmentMember_doc" xml:lang="en-US">This member stands for comparable with incidence adjustment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfIncidenceMember" xlink:to="irsa_PercentageOfIncidenceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PercentageOfIncidenceMember_doc" xml:lang="en-US">This member stands for percentage of incidence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EstimatedFairValueOfInvestmentPropertyMember" xlink:to="irsa_EstimatedFairValueOfInvestmentPropertyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EstimatedFairValueOfInvestmentPropertyMember_doc" xml:lang="en-US">This member stands for estimated fair value of investment property.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WeightedAverageConstructionCostMember" xlink:to="irsa_WeightedAverageConstructionCostMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_WeightedAverageConstructionCostMember_doc" xml:lang="en-US">This member stands for weighted average construction cost.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountRate" xlink:to="irsa_DiscountRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DiscountRate_doc" xml:lang="en-US">The percentage represents about the discount rate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WeightedAverageRentalValue" xlink:to="irsa_WeightedAverageRentalValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_WeightedAverageRentalValue_doc" xml:lang="en-US">The amount represent about the weighted average rental value.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrowthRate" xlink:to="irsa_GrowthRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GrowthRate_doc" xml:lang="en-US">The percentage represents about the growth rate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AppreciationOfInflationRate" xlink:to="irsa_AppreciationOfInflationRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AppreciationOfInflationRate_doc" xml:lang="en-US">The amount represent of the inflation 10%.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AppreciationODevaluationRate" xlink:to="irsa_AppreciationODevaluationRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AppreciationODevaluationRate_doc" xml:lang="en-US">The amount represent of the devaluation rate +10%.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfIncidence" xlink:to="irsa_PercentageOfIncidence_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PercentageOfIncidence_doc" xml:lang="en-US">The percentage of comparable with incidence adjustment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WeightedAverageConstructionCost" xlink:to="irsa_WeightedAverageConstructionCost_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_WeightedAverageConstructionCost_doc" xml:lang="en-US">The amount represent of the weighted average construction cost.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WeightedAverageDiscountRatePercent1" xlink:to="irsa_WeightedAverageDiscountRatePercent1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_WeightedAverageDiscountRatePercent1_doc" xml:lang="en-US">The average discount rate applied to insurance contracts to determine future policy benefits to be paid to or on behalf of policyholders.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreasesInSensitivityAnalysis" xlink:to="irsa_IncreasesInSensitivityAnalysis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreasesInSensitivityAnalysis_doc" xml:lang="en-US">The amount of increases in sensitivity analysis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreasesInSensitivityAnalysis" xlink:to="irsa_DecreasesInSensitivityAnalysis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DecreasesInSensitivityAnalysis_doc" xml:lang="en-US">The amount of decreases in sensitivity analysis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeStatementLocation1Axis" xlink:to="irsa_IncomeStatementLocation1Axis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncomeStatementLocation1Axis_doc" xml:lang="en-US">Information by income statement location axis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CostOfSales1Member" xlink:to="irsa_CostOfSales1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CostOfSales1Member_doc" xml:lang="en-US">This member stands for cost of sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GeneralAndAdministrativeExpensesMember" xlink:to="irsa_GeneralAndAdministrativeExpensesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GeneralAndAdministrativeExpensesMember_doc" xml:lang="en-US">The member stand for general and administrative expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SellingExpensesMember" xlink:to="irsa_SellingExpensesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SellingExpensesMember_doc" xml:lang="en-US">The member stand for selling expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DepreciationCharge" xlink:to="irsa_DepreciationCharge_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DepreciationCharge_doc" xml:lang="en-US">The amounts represent the depreciation charge.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CompletedPropertiesMember" xlink:to="irsa_CompletedPropertiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CompletedPropertiesMember_doc" xml:lang="en-US">This member stands for completed properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PropertiesUnderDevelopmentMember" xlink:to="irsa_PropertiesUnderDevelopmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PropertiesUnderDevelopmentMember_doc" xml:lang="en-US">This member stands for properties under development.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UndevelopedSitesMember" xlink:to="irsa_UndevelopedSitesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UndevelopedSitesMember_doc" xml:lang="en-US">This member stands for underdevlop sites.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesAsset" xlink:to="irsa_TradingPropertiesAsset_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradingPropertiesAsset_doc" xml:lang="en-US">The amount represent of the beginning or ending amount balance in that year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdditionsOfTradingProperties" xlink:to="irsa_AdditionsOfTradingProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AdditionsOfTradingProperties_doc" xml:lang="en-US">The amount of trading properties additions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialCostsCapitalized" xlink:to="irsa_FinancialCostsCapitalized_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialCostsCapitalized_doc" xml:lang="en-US">The aamount of financial cost capitalized.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustment1" xlink:to="irsa_CumulativeTranslationAdjustment1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CumulativeTranslationAdjustment1_doc" xml:lang="en-US">The amount of cumulative translation adjustment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransferOfTradingProperties" xlink:to="irsa_TransferOfTradingProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransferOfTradingProperties_doc" xml:lang="en-US">The amount of trading properties transfer.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersOfIntangibleAssets" xlink:to="irsa_TransfersOfIntangibleAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransfersOfIntangibleAssets_doc" xml:lang="en-US">The amount represents of the transfers of intangible assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersOfInvestmentProperties" xlink:to="irsa_TransfersOfInvestmentProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransfersOfInvestmentProperties_doc" xml:lang="en-US">The amount transfers of investment properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DisposalsOfTradingProperties" xlink:to="irsa_DisposalsOfTradingProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DisposalsOfTradingProperties_doc" xml:lang="en-US">The amount of trading properties disposals.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesNonCurrent" xlink:to="irsa_TradingPropertiesNonCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradingPropertiesNonCurrent_doc" xml:lang="en-US">The amount of non current properties of trading.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesCurrent" xlink:to="irsa_TradingPropertiesCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradingPropertiesCurrent_doc" xml:lang="en-US">The amount of current properties of trading.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesAsset1" xlink:to="irsa_TradingPropertiesAsset1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradingPropertiesAsset1_doc" xml:lang="en-US">The amount of trading properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetBookValueOfProperties" xlink:to="irsa_NetBookValueOfProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetBookValueOfProperties_doc" xml:lang="en-US">The amount of net book value of properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ContractualObligationAmount" xlink:to="irsa_ContractualObligationAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ContractualObligationAmount_doc" xml:lang="en-US">The amount of contractual obligation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ContractsAndOthersMember" xlink:to="irsa_ContractsAndOthersMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ContractsAndOthersMember_doc" xml:lang="en-US">This member stands for contracts and others.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReclassificationPreviousPeriods1" xlink:to="irsa_ReclassificationPreviousPeriods1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReclassificationPreviousPeriods1_doc" xml:lang="en-US">Refers to the amount of reclassification previous periods.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransfersToTradingProperties1" xlink:to="irsa_TransfersToTradingProperties1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransfersToTradingProperties1_doc" xml:lang="en-US">Refers to the amount of transfers to trading properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeconsolidationOfIntangibleAsset" xlink:to="irsa_DeconsolidationOfIntangibleAsset_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeconsolidationOfIntangibleAsset_doc" xml:lang="en-US">The amount of intangible asset deconsolidation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomesStatementLocationsAxis" xlink:to="irsa_IncomesStatementLocationsAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncomesStatementLocationsAxis_doc" xml:lang="en-US">Information by incomes statement locations axis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ArrangementTypeAxis" xlink:to="irsa_ArrangementTypeAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ArrangementTypeAxis_doc" xml:lang="en-US">Information by Arrangement type.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CostsOfSalesMember" xlink:to="irsa_CostsOfSalesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CostsOfSalesMember_doc" xml:lang="en-US">The member stand for costs of sales.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BarterAgreementMember" xlink:to="irsa_BarterAgreementMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BarterAgreementMember_doc" xml:lang="en-US">The member stand for barter agreement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AmortizationCharges" xlink:to="irsa_AmortizationCharges_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AmortizationCharges_doc" xml:lang="en-US">The amoun represent amortization charge of intangible asset.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PrincipalAmount" xlink:to="irsa_PrincipalAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PrincipalAmount_doc" xml:lang="en-US">The information represent the principal amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RevocationofAgreementDescription" xlink:to="irsa_RevocationofAgreementDescription_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RevocationofAgreementDescription_doc" xml:lang="en-US">The information represent the revocation of agreement description.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RecognitionOfLoss" xlink:to="irsa_RecognitionOfLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RecognitionOfLoss_doc" xml:lang="en-US">The information represent the recognition of loss.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SaleLeaseAndServicesReceivables" xlink:to="irsa_SaleLeaseAndServicesReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SaleLeaseAndServicesReceivables_doc" xml:lang="en-US">The amount of sale lease and services receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AllowanceForDoubtfulAccounts" xlink:to="irsa_AllowanceForDoubtfulAccounts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AllowanceForDoubtfulAccounts_doc" xml:lang="en-US">The amount of allowance for doubtful accounts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PrepaidExpenses" xlink:to="irsa_PrepaidExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PrepaidExpenses_doc" xml:lang="en-US">The amount of prepaid expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsDepositsAndOtherDebitBalances" xlink:to="irsa_BorrowingsDepositsAndOtherDebitBalances_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsDepositsAndOtherDebitBalances_doc" xml:lang="en-US">The amount of borrowings deposits and other debit balances.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOtherReceivables" xlink:to="irsa_TotalOtherReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalOtherReceivables_doc" xml:lang="en-US">The amount of total other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsAllowanceForDoubtfulAccountsReceivables" xlink:to="irsa_GroupsAllowanceForDoubtfulAccountsReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivables_doc" xml:lang="en-US">Refers to the amount of groups allowance for doubtful accounts receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions" xlink:to="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions_doc" xml:lang="en-US">Refers to the amount of groups allowance for doubtful accounts receivables additions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries" xlink:to="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries_doc" xml:lang="en-US">refers to the amount of groups allowance for doubtful accounts receivables recoveries.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables" xlink:to="irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables_doc" xml:lang="en-US">Refers to the amount of cumulative translation adjustment allowance for doubtful accounts receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation" xlink:to="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation_doc" xml:lang="en-US">The amount of groups allowance for doubtful accounts receivables deconsolidation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable" xlink:to="irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable_doc" xml:lang="en-US">Amount of direct write-downs of accounts receivable charged against the allowance.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReceivableTypeAxis" xlink:to="irsa_ReceivableTypeAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReceivableTypeAxis_doc" xml:lang="en-US">Information by uses of receivable type.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LeaseAndServicesMember" xlink:to="irsa_LeaseAndServicesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LeaseAndServicesMember_doc" xml:lang="en-US">This member stands for lease and services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HotelServicesMember" xlink:to="irsa_HotelServicesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_HotelServicesMember_doc" xml:lang="en-US">This member stands for hotel services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ConsumerFinancingMember" xlink:to="irsa_ConsumerFinancingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ConsumerFinancingMember_doc" xml:lang="en-US">This member stands for consumer financing.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SaleOfAropertiesAndDevelopmentsMember" xlink:to="irsa_SaleOfAropertiesAndDevelopmentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SaleOfAropertiesAndDevelopmentsMember_doc" xml:lang="en-US">This member stands for sale of properties and developments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SaleOfCommunicationEquipmentMember" xlink:to="irsa_SaleOfCommunicationEquipmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SaleOfCommunicationEquipmentMember_doc" xml:lang="en-US">This member stands for sale of communication equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TelecommunicationServicesMember" xlink:to="irsa_TelecommunicationServicesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TelecommunicationServicesMember_doc" xml:lang="en-US">This member stands for telecommunication services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SaleOfProductsSupermarketsMember" xlink:to="irsa_SaleOfProductsSupermarketsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SaleOfProductsSupermarketsMember_doc" xml:lang="en-US">This member stands for sale of product supermarkets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaterThanThreeButNotLaterThanSixMonthsMember" xlink:to="irsa_LaterThanThreeButNotLaterThanSixMonthsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LaterThanThreeButNotLaterThanSixMonthsMember_doc" xml:lang="en-US">This member stands for later than three but not later than six months.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NotLaterThanSixMothsMember" xlink:to="irsa_NotLaterThanSixMothsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NotLaterThanSixMothsMember_doc" xml:lang="en-US">This member stands for not later than six months.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalReceivable" xlink:to="irsa_TotalReceivable_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalReceivable_doc" xml:lang="en-US">Refers to the amount of total receivable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdditionsReversalsForDoubtfulAccounts" xlink:to="irsa_AdditionsReversalsForDoubtfulAccounts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AdditionsReversalsForDoubtfulAccounts_doc" xml:lang="en-US">Refers to the amount of additions reversals for doubtful accounts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LossForTheYearFromDiscontinuedOperations" xlink:to="irsa_LossForTheYearFromDiscontinuedOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LossForTheYearFromDiscontinuedOperations_doc" xml:lang="en-US">Represents the information of loss for the year from discontinued operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExpensesFromSalesOfInvestmentProperties" xlink:to="irsa_ExpensesFromSalesOfInvestmentProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ExpensesFromSalesOfInvestmentProperties_doc" xml:lang="en-US">Represents the information of expenses from sales of investment properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement" xlink:to="irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement_doc" xml:lang="en-US">Represents the information of derecognition of intangible assets by t g l t agreement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ResultFromBusinessCombination" xlink:to="irsa_ResultFromBusinessCombination_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ResultFromBusinessCombination_doc" xml:lang="en-US">Represents the information of result from business combination.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RetirementOfUnusedInvestmentProperties" xlink:to="irsa_RetirementOfUnusedInvestmentProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RetirementOfUnusedInvestmentProperties_doc" xml:lang="en-US">Represents the information of retirement of unused investment properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherFinancialResultsNet" xlink:to="irsa_OtherFinancialResultsNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherFinancialResultsNet_doc" xml:lang="en-US">Represents the information of other financial results net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReversalOfCumulativeTranslationAdjustment" xlink:to="irsa_ReversalOfCumulativeTranslationAdjustment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReversalOfCumulativeTranslationAdjustment_doc" xml:lang="en-US">Represents information related to reversal of cumulative translation adjustment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProvisionsAndAllowances" xlink:to="irsa_ProvisionsAndAllowances_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProvisionsAndAllowances_doc" xml:lang="en-US">Represents the information of provisions and allowances.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareOfProfitLossOfJointVenturesAndAssociates" xlink:to="irsa_ShareOfProfitLossOfJointVenturesAndAssociates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShareOfProfitLossOfJointVenturesAndAssociates_doc" xml:lang="en-US">Represents the information of share of profit loss of joint ventures and associates.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid" xlink:to="irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid_doc" xml:lang="en-US">Represents the information of net cash generated by continuing operating activities before income tax paid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid" xlink:to="irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid_doc" xml:lang="en-US">Represents the information of net cash generated by discontinued operating activities before income tax paid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesAsOfAcquisitionDate" xlink:to="irsa_TradingPropertiesAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradingPropertiesAsOfAcquisitionDate_doc" xml:lang="en-US">Refers to the amount of trading properties as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativeFinancialInstrumentsAsOfAcquisition" xlink:to="irsa_DerivativeFinancialInstrumentsAsOfAcquisition_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DerivativeFinancialInstrumentsAsOfAcquisition_doc" xml:lang="en-US">The information represent the derivative financial instruments as of acquisition.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupOfAssetsHeldForSale" xlink:to="irsa_GroupOfAssetsHeldForSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GroupOfAssetsHeldForSale_doc" xml:lang="en-US">The amount of group of assets held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate" xlink:to="irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate_doc" xml:lang="en-US">The information represent the assets held for sale recognised as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalariesAndSocialSecurityLiabilities1" xlink:to="irsa_SalariesAndSocialSecurityLiabilities1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SalariesAndSocialSecurityLiabilities1_doc" xml:lang="en-US">The information represent the stand for salaries and social security liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate_doc" xml:lang="en-US">The information represent the income tax and mpit liabilities recognised as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate" xlink:to="irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate_doc" xml:lang="en-US">The information represent the net amount of non cash assets incorporated held for sale recognised as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate" xlink:to="irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate_doc" xml:lang="en-US">The information represent the goodwill not yet allocated recognised as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetAmountOfAssetsIncorporatedHeldForSale" xlink:to="irsa_NetAmountOfAssetsIncorporatedHeldForSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetAmountOfAssetsIncorporatedHeldForSale_doc" xml:lang="en-US">The information represent the net amount of assets incorporated held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InterestHeldBeforeAcquisition" xlink:to="irsa_InterestHeldBeforeAcquisition_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InterestHeldBeforeAcquisition_doc" xml:lang="en-US">The information represent the interest held before acquisition.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate" xlink:to="irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate_doc" xml:lang="en-US">The information represent the result from business combination recognised as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate" xlink:to="irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate_doc" xml:lang="en-US">The information represent the cash and cash equivalents incorporated held for sale recognised as of acquisition date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale" xlink:to="irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale_doc" xml:lang="en-US">The information represent the net outflow of cash and cash equivalents assets and liabilities held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings" xlink:to="irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings_doc" xml:lang="en-US">The amount of decrease in investments in associates and joint ventures through daecrease in borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid" xlink:to="irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid_doc" xml:lang="en-US">The amount of dividends distribution to non controlling shareholders not yet paid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables" xlink:to="irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables_doc" xml:lang="en-US">The amount of increase in investments in associates and joint ventures through a decrease in trade and oth.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables" xlink:to="irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables_doc" xml:lang="en-US">The amount of increase in intangible assets through an increase in trade and other payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInInvestmentsInFinancialAssets" xlink:to="irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInInvestmentsInFinancialAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInInvestmentsInFinancialAssets_doc" xml:lang="en-US">The amount of increase in investments in associates and joint ventures through decrease in investments in financial assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInInvestmentsInFinancialAssets" xlink:to="irsa_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInInvestmentsInFinancialAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInInvestmentsInFinancialAssets_doc" xml:lang="en-US">The amount of increase in derivative financial instruments through a decrease in investments in financial assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PaymentOfDividendsThroughAnIncreaseInTradeAndOtherPayables" xlink:to="irsa_PaymentOfDividendsThroughAnIncreaseInTradeAndOtherPayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PaymentOfDividendsThroughAnIncreaseInTradeAndOtherPayables_doc" xml:lang="en-US">The amount of payment of dividends through an increase in trade and other payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ChangesInNonControllingInterestThroughADecreaseInTradeAndOtherReceivables" xlink:to="irsa_ChangesInNonControllingInterestThroughADecreaseInTradeAndOtherReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ChangesInNonControllingInterestThroughADecreaseInTradeAndOtherReceivables_doc" xml:lang="en-US">The amount of changes in non controlling interest through a decrease in trade and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfTradeAndOtherPayables" xlink:to="irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfTradeAndOtherPayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfTradeAndOtherPayables_doc" xml:lang="en-US">The amount of increase in property plant and equipment through an increase of trade and other payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfBorrowings" xlink:to="irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfBorrowings_doc" xml:lang="en-US">The amount of increase in property plant and equipment through an increase of borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables" xlink:to="irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables_doc" xml:lang="en-US">The amount of increaseI in investment properties through an increase in trade and other payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentPropertiesThroughADecreaseInTradeAndOtherReceivables" xlink:to="irsa_IncreaseInInvestmentPropertiesThroughADecreaseInTradeAndOtherReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInInvestmentPropertiesThroughADecreaseInTradeAndOtherReceivables_doc" xml:lang="en-US">The amount of increase in investment properties through a decrease in trade and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInTradeAndOtherReceivablesThroughAnIncreaseInBorrowings" xlink:to="irsa_IncreaseInTradeAndOtherReceivablesThroughAnIncreaseInBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInTradeAndOtherReceivablesThroughAnIncreaseInBorrowings_doc" xml:lang="en-US">The amount of increase in trade and other receivables through an increase in borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInTradingPropertiesThroughAnIncreaseInBorrowings" xlink:to="irsa_IncreaseInTradingPropertiesThroughAnIncreaseInBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInTradingPropertiesThroughAnIncreaseInBorrowings_doc" xml:lang="en-US">The amount of increase in trading properties through an increase in borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInBorrowings" xlink:to="irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInBorrowings_doc" xml:lang="en-US">The amount of increase in investment properties through an increase in borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughDividendsReceivablesNotYetPaid" xlink:to="irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughDividendsReceivablesNotYetPaid_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughDividendsReceivablesNotYetPaid_doc" xml:lang="en-US">The amount of decrease in investment in associates and joint ventures through dividends receivables not yet paid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInAssetsHeldForSale" xlink:to="irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInAssetsHeldForSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInAssetsHeldForSale_doc" xml:lang="en-US">The amount of decrease in investment in associates and joint ventures through an increase in assets held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInFinancialOperationsThroughADecreaseInInvestmentsInAssociatesAndJointVentures" xlink:to="irsa_IncreaseInFinancialOperationsThroughADecreaseInInvestmentsInAssociatesAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInFinancialOperationsThroughADecreaseInInvestmentsInAssociatesAndJointVentures_doc" xml:lang="en-US">The amount of increase in financial operations through decrease in investments in associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInTradeAndOtherReceivables" xlink:to="irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInTradeAndOtherReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInTradeAndOtherReceivables_doc" xml:lang="en-US">The amount of decrease in investment in associates and joint ventures through increase in trade and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentPropertiesThroughADecreaseInPropertyPlantAndEquipment" xlink:to="irsa_IncreaseInInvestmentPropertiesThroughADecreaseInPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInInvestmentPropertiesThroughADecreaseInPropertyPlantAndEquipment_doc" xml:lang="en-US">The amount of increase in investment properties through a decrease in property plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradingProperties" xlink:to="irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradingProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradingProperties_doc" xml:lang="en-US">The amount of increase in investment properties through an increase in trading properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentsInFinancialAssetsThroughADecreaseInTradeAndOtherReceivables" xlink:to="irsa_IncreaseInInvestmentsInFinancialAssetsThroughADecreaseInTradeAndOtherReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInInvestmentsInFinancialAssetsThroughADecreaseInTradeAndOtherReceivables_doc" xml:lang="en-US">The amount of increase in investments in financial assets through a decrease in trade and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInTradeAndOtherPayables" xlink:to="irsa_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInTradeAndOtherPayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInTradeAndOtherPayables_doc" xml:lang="en-US">The amount of increase in investment in financial assets through an increase in trade and other payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInNonControllingInterestThroughADecreaseInDerivativeFinancialInstruments" xlink:to="irsa_IncreaseInNonControllingInterestThroughADecreaseInDerivativeFinancialInstruments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInNonControllingInterestThroughADecreaseInDerivativeFinancialInstruments_doc" xml:lang="en-US">The amount of increase in non controlling interest through decrease in derivative financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInTradingPropertiesThroughADecreaseInInvestmentProperties" xlink:to="irsa_IncreaseInTradingPropertiesThroughADecreaseInInvestmentProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInTradingPropertiesThroughADecreaseInInvestmentProperties_doc" xml:lang="en-US">The amount of increase in trading properties through decrease in investment properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInTradingPropertiesThroughAnIncreaseInTradeAndOtherPayables" xlink:to="irsa_IncreaseInTradingPropertiesThroughAnIncreaseInTradeAndOtherPayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInTradingPropertiesThroughAnIncreaseInTradeAndOtherPayables_doc" xml:lang="en-US">The amount of increase in trading properties through an increase in trade and other payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInTradingPropertiesThroughADecreaseInTradeAndOtherReceivables" xlink:to="irsa_IncreaseInTradingPropertiesThroughADecreaseInTradeAndOtherReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInTradingPropertiesThroughADecreaseInTradeAndOtherReceivables_doc" xml:lang="en-US">The amount of increase in trading properties through decrease in trade and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInInvestmentPropertiesThroughADecreaseInTradingProperties" xlink:to="irsa_IncreaseInInvestmentPropertiesThroughADecreaseInTradingProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInInvestmentPropertiesThroughADecreaseInTradingProperties_doc" xml:lang="en-US">The amount of increase in investment properties through decrease in trading properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomeTaxLiabilities1" xlink:to="irsa_DeferredIncomeTaxLiabilities1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeferredIncomeTaxLiabilities1_doc" xml:lang="en-US">The amount of deferred income tax liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UtilizationOFReserve" xlink:to="irsa_UtilizationOFReserve_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UtilizationOFReserve_doc" xml:lang="en-US">Represent utilization of reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseDecreaseThroughTransferToSpecialReserve" xlink:to="irsa_IncreaseDecreaseThroughTransferToSpecialReserve_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseDecreaseThroughTransferToSpecialReserve_doc" xml:lang="en-US">represent increase and decrease through transfer to special reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DescriptionOfLegalReserve" xlink:to="irsa_DescriptionOfLegalReserve_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DescriptionOfLegalReserve_doc" xml:lang="en-US">The description of legal reserve.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradePayables" xlink:to="irsa_TradePayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradePayables_doc" xml:lang="en-US">The amount of trade payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalesRentalAndServicesPaymentsReceivedInAdvance" xlink:to="irsa_SalesRentalAndServicesPaymentsReceivedInAdvance_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SalesRentalAndServicesPaymentsReceivedInAdvance_doc" xml:lang="en-US">The amount of sales rental and services payments received in advance.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ConstructionObligationsPayables" xlink:to="irsa_ConstructionObligationsPayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ConstructionObligationsPayables_doc" xml:lang="en-US">Represents information related to construction obligations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AccruedInvoicesPayables" xlink:to="irsa_AccruedInvoicesPayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AccruedInvoicesPayables_doc" xml:lang="en-US">Amount of accrued invoices.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomePayables" xlink:to="irsa_DeferredIncomePayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeferredIncomePayables_doc" xml:lang="en-US">Amount of Deferred income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalTradePayables" xlink:to="irsa_TotalTradePayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalTradePayables_doc" xml:lang="en-US">The amount of total trade payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendsPayableToNonControllingShareholders" xlink:to="irsa_DividendsPayableToNonControllingShareholders_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DividendsPayableToNonControllingShareholders_doc" xml:lang="en-US">Amount of dividends payable to non controlling shareholders.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CurrentTaxpayables" xlink:to="irsa_CurrentTaxpayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CurrentTaxpayables_doc" xml:lang="en-US">Amount of tax payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherCurrentConstructionObligation" xlink:to="irsa_OtherCurrentConstructionObligation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherCurrentConstructionObligation_doc" xml:lang="en-US">Amount of other current construction obligations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherCurrentPayables1" xlink:to="irsa_TradeAndOtherCurrentPayables1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradeAndOtherCurrentPayables1_doc" xml:lang="en-US">The amount of trade and other current payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LegalClaimsMember" xlink:to="irsa_LegalClaimsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LegalClaimsMember_doc" xml:lang="en-US">This member stands for legal claims.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInAssociatesAndJointVenturesMember" xlink:to="irsa_InvestmentsInAssociatesAndJointVenturesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentsInAssociatesAndJointVenturesMember_doc" xml:lang="en-US">This member stands for investments in associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SiteDismantlingAndRemediationMember" xlink:to="irsa_SiteDismantlingAndRemediationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SiteDismantlingAndRemediationMember_doc" xml:lang="en-US">This member stands for site dismantling and remediation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OnerousContractsMember" xlink:to="irsa_OnerousContractsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OnerousContractsMember_doc" xml:lang="en-US">This member stands for onerous contracts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Recovery" xlink:to="irsa_Recovery_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Recovery_doc" xml:lang="en-US">The amount of recovery.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deconsolidation" xlink:to="irsa_Deconsolidation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Deconsolidation_doc" xml:lang="en-US">The amount of deconsolidation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherProvisions1" xlink:to="irsa_OtherProvisions1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherProvisions1_doc" xml:lang="en-US">Refers to the amount of other provisions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonConvertibleNoteMember" xlink:to="irsa_NonConvertibleNoteMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NonConvertibleNoteMember_doc" xml:lang="en-US">The member stand for non convertible note.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BankLoansMember" xlink:to="irsa_BankLoansMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BankLoansMember_doc" xml:lang="en-US">The member stand for bank loans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonRecourseLoansMember" xlink:to="irsa_NonRecourseLoansMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NonRecourseLoansMember_doc" xml:lang="en-US">The member stand for non recourse loans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherBorrowingsMember" xlink:to="irsa_OtherBorrowingsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherBorrowingsMember_doc" xml:lang="en-US">The member stand for other borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BankOverdrafts1Member" xlink:to="irsa_BankOverdrafts1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BankOverdrafts1Member_doc" xml:lang="en-US">The member stand for bank overdrafts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareCapital" xlink:to="irsa_ShareCapital_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShareCapital_doc" xml:lang="en-US">The shares represent the share capital.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FixedInterestRateArgentinePesoMember" xlink:to="irsa_FixedInterestRateArgentinePesoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FixedInterestRateArgentinePesoMember_doc" xml:lang="en-US">The member stand for fixed interest rate argentine peso.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FixedInterestRateNewIsraeliShekelMember" xlink:to="irsa_FixedInterestRateNewIsraeliShekelMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FixedInterestRateNewIsraeliShekelMember_doc" xml:lang="en-US">The member stand for fixed interest rate new israeli sheke.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FixedInterestRateUSDollarMember" xlink:to="irsa_FixedInterestRateUSDollarMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FixedInterestRateUSDollarMember_doc" xml:lang="en-US">The member stand for fixed interest rate us dollar.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FloatingInterestRateArgentinePesoMember" xlink:to="irsa_FloatingInterestRateArgentinePesoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FloatingInterestRateArgentinePesoMember_doc" xml:lang="en-US">The member stand for floating interest rate argentine peso.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FloatingInterestRateNewIsraeliShekelMember" xlink:to="irsa_FloatingInterestRateNewIsraeliShekelMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FloatingInterestRateNewIsraeliShekelMember_doc" xml:lang="en-US">The member stand for floating interest rate new israeli shekel.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FloatingInterestRateUSDollarMember" xlink:to="irsa_FloatingInterestRateUSDollarMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FloatingInterestRateUSDollarMember_doc" xml:lang="en-US">The member stand for floating interest rate us dollar.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SubtotalFixedRateBorrowings" xlink:to="irsa_SubtotalFixedRateBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SubtotalFixedRateBorrowings_doc" xml:lang="en-US">The information represent the subtotal fixed rate borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SubtotalFloatingRateBorrowings" xlink:to="irsa_SubtotalFloatingRateBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SubtotalFloatingRateBorrowings_doc" xml:lang="en-US">The information represent the subtotal floating rate borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalBorrowingsAsPerAnalysis" xlink:to="irsa_TotalBorrowingsAsPerAnalysis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalBorrowingsAsPerAnalysis_doc" xml:lang="en-US">The information represent the total borrowings asper analysis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember" xlink:to="irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember_doc" xml:lang="en-US">This member stands for information about entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsClassVIIMember" xlink:to="irsa_BorrowingsClassVIIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsClassVIIMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsClassVIIIMember" xlink:to="irsa_BorrowingsClassVIIIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsClassVIIIMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsClassIVMember" xlink:to="irsa_BorrowingsClassIVMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsClassIVMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESNMember" xlink:to="irsa_BorrowingsSERIESNMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESNMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESMMember" xlink:to="irsa_BorrowingsSERIESMMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESMMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESN1Member" xlink:to="irsa_BorrowingsSERIESN1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESN1Member_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESN2Member" xlink:to="irsa_BorrowingsSERIESN2Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESN2Member_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESFMember" xlink:to="irsa_BorrowingsSERIESFMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESFMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESF1Member" xlink:to="irsa_BorrowingsSERIESF1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESF1Member_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESJMember" xlink:to="irsa_BorrowingsSERIESJMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESJMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESIMember" xlink:to="irsa_BorrowingsSERIESIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESIMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESI1Member" xlink:to="irsa_BorrowingsSERIESI1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESI1Member_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESI2Member" xlink:to="irsa_BorrowingsSERIESI2Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESI2Member_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESI3Member" xlink:to="irsa_BorrowingsSERIESI3Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESI3Member_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GavYamMember" xlink:to="irsa_GavYamMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GavYamMember_doc" xml:lang="en-US">This member stands for information about entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESHMember" xlink:to="irsa_BorrowingsSERIESHMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESHMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESLMember" xlink:to="irsa_BorrowingsSERIESLMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESLMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESEMember" xlink:to="irsa_BorrowingsSERIESEMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESEMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESE1Member" xlink:to="irsa_BorrowingsSERIESE1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsSERIESE1Member_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IssuanceExpansionDate" xlink:to="irsa_IssuanceExpansionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IssuanceExpansionDate_doc" xml:lang="en-US">Information about issuance expansion date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsMaturityDate" xlink:to="irsa_BorrowingsMaturityDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsMaturityDate_doc" xml:lang="en-US">Date when the borrowings is scheduled to be fully repaid, in CCYY-MM-DD format.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsPaymentTerms" xlink:to="irsa_BorrowingsPaymentTerms_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsPaymentTerms_doc" xml:lang="en-US">Description of the payment terms of the borrowings (for example, whether periodic payments include principal and frequency of payments) and discussion about any contingencies associated with the payment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsInterestRateTerms" xlink:to="irsa_BorrowingsInterestRateTerms_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsInterestRateTerms_doc" xml:lang="en-US">Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsRollForward" xlink:to="irsa_BorrowingsRollForward_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsRollForward_doc" xml:lang="en-US">Information about borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AccuredInterestClassifiedAsFinancingActivities" xlink:to="irsa_AccuredInterestClassifiedAsFinancingActivities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AccuredInterestClassifiedAsFinancingActivities_doc" xml:lang="en-US">The amount of accured interest classified as financing activities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LoansReceivedFromAssociatesAndJointVenturesNet" xlink:to="irsa_LoansReceivedFromAssociatesAndJointVenturesNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LoansReceivedFromAssociatesAndJointVenturesNet_doc" xml:lang="en-US">The amount of loans received from associates and joint ventures net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet" xlink:to="irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet_doc" xml:lang="en-US">The amount of cumulative translation adjustment and exchange differences net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Borrowings1" xlink:to="irsa_Borrowings1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Borrowings1_doc" xml:lang="en-US">The information represent the borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LossOnSwapOfDebt" xlink:to="irsa_LossOnSwapOfDebt_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LossOnSwapOfDebt_doc" xml:lang="en-US">The amount of loss on swap of debt.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RedemptionOfNonConvertibleNote" xlink:to="irsa_RedemptionOfNonConvertibleNote_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RedemptionOfNonConvertibleNote_doc" xml:lang="en-US">The amount of redemption of non convertible note.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MinimumPresumedIncomeTaxMpit" xlink:to="irsa_MinimumPresumedIncomeTaxMpit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_MinimumPresumedIncomeTaxMpit_doc" xml:lang="en-US">The amount of minimum presumed income tax m pit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months" xlink:to="irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months_doc" xml:lang="en-US">refers to the amount of deferred income tax asset to be recovered after more than12 months.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths" xlink:to="irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths_doc" xml:lang="en-US">refers to the amount of deferred income tax asset to be recovered within twe months.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredTaxAssets1" xlink:to="irsa_DeferredTaxAssets1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeferredTaxAssets1_doc" xml:lang="en-US">Refers to the amount of deferred tax assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months" xlink:to="irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months_doc" xml:lang="en-US">Refers to the amount of deferred income tax liability to be recovered after more than 12 months.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths" xlink:to="irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths_doc" xml:lang="en-US">Refers to the amount of deferred income tax liability to be recovered within twe months.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredTaxLiabilities1" xlink:to="irsa_DeferredTaxLiabilities1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeferredTaxLiabilities1_doc" xml:lang="en-US">Refers to the amount of deferred tax liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsOne" xlink:to="irsa_OperatingLossCarryforwardsOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingLossCarryforwardsOne_doc" xml:lang="en-US">Refers to the amount of operating loss carryforwards one.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsTwo" xlink:to="irsa_OperatingLossCarryforwardsTwo_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingLossCarryforwardsTwo_doc" xml:lang="en-US">Refers to the amount of operating loss carryforwards two.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsThree" xlink:to="irsa_OperatingLossCarryforwardsThree_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingLossCarryforwardsThree_doc" xml:lang="en-US">Refers to the amount of operating loss carryforwards three.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsFoure" xlink:to="irsa_OperatingLossCarryforwardsFoure_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingLossCarryforwardsFoure_doc" xml:lang="en-US">Refers to the amount of operating loss carryforwards foure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsFive" xlink:to="irsa_OperatingLossCarryforwardsFive_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingLossCarryforwardsFive_doc" xml:lang="en-US">Refers to the amount of operating loss carryforwards five.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingLossCarryforwardsSix" xlink:to="irsa_OperatingLossCarryforwardsSix_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingLossCarryforwardsSix_doc" xml:lang="en-US">Refers to the amount of operating loss carryforward six.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OperatingIncomeTaxLossCarryforwards" xlink:to="irsa_OperatingIncomeTaxLossCarryforwards_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OperatingIncomeTaxLossCarryforwards_doc" xml:lang="en-US">Refers to the amount of operating income tax loss carryforwards.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RevenueFromCommunicationsServices" xlink:to="irsa_RevenueFromCommunicationsServices_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RevenueFromCommunicationsServices_doc" xml:lang="en-US">Amount of revenue arising from ommunications services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RevenueFromSaleCommunicationEquipment" xlink:to="irsa_RevenueFromSaleCommunicationEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RevenueFromSaleCommunicationEquipment_doc" xml:lang="en-US">Amount of revenue arising sale of communication equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeStatementLocationsAxis" xlink:to="irsa_IncomeStatementLocationsAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncomeStatementLocationsAxis_doc" xml:lang="en-US">Information by income statement location</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GeneralAndAdministrativeExpense1Member" xlink:to="irsa_GeneralAndAdministrativeExpense1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GeneralAndAdministrativeExpense1Member_doc" xml:lang="en-US">This member stands for general and adminstrative expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SellingExpenseMember" xlink:to="irsa_SellingExpenseMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SellingExpenseMember_doc" xml:lang="en-US">This member stands for selling expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SoldCostOfGoodsAndServices" xlink:to="irsa_SoldCostOfGoodsAndServices_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SoldCostOfGoodsAndServices_doc" xml:lang="en-US">The amount of cost of sale of goods and services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdvertisingAndOtherSellingExpense" xlink:to="irsa_AdvertisingAndOtherSellingExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AdvertisingAndOtherSellingExpense_doc" xml:lang="en-US">The amount of expense arising from advertising.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TaxesRatesAndContributions" xlink:to="irsa_TaxesRatesAndContributions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TaxesRatesAndContributions_doc" xml:lang="en-US">The amount of taxes, rates and contributions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RenderingOfInterconnectionServices" xlink:to="irsa_RenderingOfInterconnectionServices_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RenderingOfInterconnectionServices_doc" xml:lang="en-US">The amount of arising from the rendering of interconnection services for other operators.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FeesToOtherOperators" xlink:to="irsa_FeesToOtherOperators_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FeesToOtherOperators_doc" xml:lang="en-US">The amount of arising from the Fees to other operators.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DirectorsFees" xlink:to="irsa_DirectorsFees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DirectorsFees_doc" xml:lang="en-US">The amount of expense arising from director fees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AllowanceForDoubtfulAccountsNet" xlink:to="irsa_AllowanceForDoubtfulAccountsNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AllowanceForDoubtfulAccountsNet_doc" xml:lang="en-US">The amount of allowance for doubtful accounts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PurchasesAndExpenses" xlink:to="irsa_PurchasesAndExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PurchasesAndExpenses_doc" xml:lang="en-US">The amount of purchases and expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalizedFinanceCosts" xlink:to="irsa_CapitalizedFinanceCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CapitalizedFinanceCosts_doc" xml:lang="en-US">The amount of capitalized finance costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustment" xlink:to="irsa_CumulativeTranslationAdjustment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CumulativeTranslationAdjustment_doc" xml:lang="en-US">The amount of cumulative translation adjustment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Transfers" xlink:to="irsa_Transfers_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Transfers_doc" xml:lang="en-US">The amount of transfers.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncorporatedByBusinessCombination" xlink:to="irsa_IncorporatedByBusinessCombination_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncorporatedByBusinessCombination_doc" xml:lang="en-US">The amount of incorporated by business combination.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RealEstate" xlink:to="irsa_RealEstate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RealEstate_doc" xml:lang="en-US">The amount of real estate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Supermarkets" xlink:to="irsa_Supermarkets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Supermarkets_doc" xml:lang="en-US">The amount of supermarkets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Telecommunications" xlink:to="irsa_Telecommunications_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Telecommunications_doc" xml:lang="en-US">The amount of telecommunications.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Others" xlink:to="irsa_Others_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Others_doc" xml:lang="en-US">The amount of others.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deconsolidation1" xlink:to="irsa_Deconsolidation1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Deconsolidation1_doc" xml:lang="en-US">The amount of deconsolidation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceCosts1" xlink:to="irsa_FinanceCosts1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinanceCosts1_doc" xml:lang="en-US">The amount of costs associated with financing activities of the entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GainFromDisposalOfAssociate" xlink:to="irsa_GainFromDisposalOfAssociate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GainFromDisposalOfAssociate_doc" xml:lang="en-US">The amount of gain from disposal of associate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DonationExpenses" xlink:to="irsa_DonationExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DonationExpenses_doc" xml:lang="en-US">Represents information related to donations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LawsuitsAndOtherContingencies" xlink:to="irsa_LawsuitsAndOtherContingencies_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LawsuitsAndOtherContingencies_doc" xml:lang="en-US">Represents information related to lawsuits and other contingencies.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CurrencyTranslationAdjustmentReversal" xlink:to="irsa_CurrencyTranslationAdjustmentReversal_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CurrencyTranslationAdjustmentReversal_doc" xml:lang="en-US">The amount of currency translation adjustment reversal.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherOperatingIncomeExpense1" xlink:to="irsa_OtherOperatingIncomeExpense1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherOperatingIncomeExpense1_doc" xml:lang="en-US">Refers to the amount of other operating income expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherOperatingIncomeExpenseNet1" xlink:to="irsa_OtherOperatingIncomeExpenseNet1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherOperatingIncomeExpenseNet1_doc" xml:lang="en-US">Amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncomeAbstract" xlink:to="irsa_FinanceIncomeAbstract_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinanceIncomeAbstract_doc" xml:lang="en-US">Represents information related to finance income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncomeFromDividends" xlink:to="irsa_FinanceIncomeFromDividends_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinanceIncomeFromDividends_doc" xml:lang="en-US">Represent the finance income from the dividend.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncome1" xlink:to="irsa_FinanceIncome1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinanceIncome1_doc" xml:lang="en-US">Refers to the amount of finance income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceCostsAbstract" xlink:to="irsa_FinanceCostsAbstract_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinanceCostsAbstract_doc" xml:lang="en-US">Represents information related to finance costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LossOnDebtSwap" xlink:to="irsa_LossOnDebtSwap_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LossOnDebtSwap_doc" xml:lang="en-US">The amount of loss on debt swap.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SubtotalFinanceCosts" xlink:to="irsa_SubtotalFinanceCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SubtotalFinanceCosts_doc" xml:lang="en-US">The amount of subtotal finance costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherfinancialIncomeAbstract" xlink:to="irsa_OtherfinancialIncomeAbstract_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherfinancialIncomeAbstract_doc" xml:lang="en-US">Represents information related to other financial results.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet" xlink:to="irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet_doc" xml:lang="en-US">Represents information related to other financial results.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GainLossOnDerivativeFinancialInstrumentsNet" xlink:to="irsa_GainLossOnDerivativeFinancialInstrumentsNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GainLossOnDerivativeFinancialInstrumentsNet_doc" xml:lang="en-US">Represents information related to Fair value gain / (loss) of financial assets and liabilities at fair value through profit or loss, net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherFinanceIncomeCost1" xlink:to="irsa_OtherFinanceIncomeCost1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherFinanceIncomeCost1_doc" xml:lang="en-US">refers to the amount of other finance income cost</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncomeExpensesNet" xlink:to="irsa_FinanceIncomeExpensesNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinanceIncomeExpensesNet_doc" xml:lang="en-US">Represents information related to Total financial results, net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceCosts2" xlink:to="irsa_FinanceCosts2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinanceCosts2_doc" xml:lang="en-US">The amount of costs associated with financing activities of the entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NumberOfSharesIncentivePlan" xlink:to="irsa_NumberOfSharesIncentivePlan_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NumberOfSharesIncentivePlan_doc" xml:lang="en-US">The begainning movements in the number of matching shares outstanding under the incentive plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Additions" xlink:to="irsa_Additions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Additions_doc" xml:lang="en-US">The movements in the number of matching shares outstanding under the incentive plan additions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Disposals" xlink:to="irsa_Disposals_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Disposals_doc" xml:lang="en-US">The movements in the number of matching shares outstanding under the incentive plan disposals.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Granted" xlink:to="irsa_Granted_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Granted_doc" xml:lang="en-US">The movements in the number of matching shares outstanding under the incentive plan granted.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RetirementPlanFundingStatus1Axis" xlink:to="irsa_RetirementPlanFundingStatus1Axis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RetirementPlanFundingStatus1Axis_doc" xml:lang="en-US">Information by retirement plan funding status.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnfundedPlan1Member" xlink:to="irsa_UnfundedPlan1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UnfundedPlan1Member_doc" xml:lang="en-US">This member stands for unfunded plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FundedPlan1Member" xlink:to="irsa_FundedPlan1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FundedPlan1Member_doc" xml:lang="en-US">This member stands for funded plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RecognizedLiabilityForDefinedBenefitsObligations" xlink:to="irsa_RecognizedLiabilityForDefinedBenefitsObligations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RecognizedLiabilityForDefinedBenefitsObligations_doc" xml:lang="en-US">The present value recognized liability for defined benefits obligations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LiabilityForOtherLongTermBenefits" xlink:to="irsa_LiabilityForOtherLongTermBenefits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LiabilityForOtherLongTermBenefits_doc" xml:lang="en-US">The present value liability for other long-term benefits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalRecognizedLiabilities" xlink:to="irsa_TotalRecognizedLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalRecognizedLiabilities_doc" xml:lang="en-US">The present value total recognized liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AssetsDesignedForPaymentOfBenefitsForEmployees" xlink:to="irsa_AssetsDesignedForPaymentOfBenefitsForEmployees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AssetsDesignedForPaymentOfBenefitsForEmployees_doc" xml:lang="en-US">Refers to the amount of assets designed for payment of benefits for employees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativeFinancialInstrumentsCategoryMember" xlink:to="irsa_DerivativeFinancialInstrumentsCategoryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DerivativeFinancialInstrumentsCategoryMember_doc" xml:lang="en-US">Represent derivative financial instrument category.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherReceivablesMember" xlink:to="irsa_TradeAndOtherReceivablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradeAndOtherReceivablesMember_doc" xml:lang="en-US">This member stands for trade and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradePayablesMember" xlink:to="irsa_TradePayablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradePayablesMember_doc" xml:lang="en-US">This member stands for trade payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Borrowings1Member" xlink:to="irsa_Borrowings1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Borrowings1Member_doc" xml:lang="en-US">Represent financial borrowing.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeReceivableMember" xlink:to="irsa_TradeReceivableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradeReceivableMember_doc" xml:lang="en-US">Information about of trade receivable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RestrictedAssetsMember" xlink:to="irsa_RestrictedAssetsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RestrictedAssetsMember_doc" xml:lang="en-US">Represent restricted assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInFinancialAssetsMember" xlink:to="irsa_InvestmentsInFinancialAssetsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentsInFinancialAssetsMember_doc" xml:lang="en-US">Represent investment in financial assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAndCashEquivalents1Member" xlink:to="irsa_CashAndCashEquivalents1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CashAndCashEquivalents1Member_doc" xml:lang="en-US">Represent cash and cash equivalents.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsTradeAndOtherReceivables" xlink:to="irsa_FinancialAssetsTradeAndOtherReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialAssetsTradeAndOtherReceivables_doc" xml:lang="en-US">The amount of financial assets trade and other receivable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsRestrictedAssets" xlink:to="irsa_FinancialAssetsRestrictedAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialAssetsRestrictedAssets_doc" xml:lang="en-US">The amount of restricted financial assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInFinancialAssets" xlink:to="irsa_InvestmentsInFinancialAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentsInFinancialAssets_doc" xml:lang="en-US">The amount of investment in financial assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DerivativeFinancialInstruments" xlink:to="irsa_DerivativeFinancialInstruments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DerivativeFinancialInstruments_doc" xml:lang="en-US">The amount represents about the derivative financial instruments assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsCashAndCashEquivalents" xlink:to="irsa_FinancialAssetsCashAndCashEquivalents_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialAssetsCashAndCashEquivalents_doc" xml:lang="en-US">The amount of financial assets cash and cash equivalents.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExchangeForeignRate" xlink:to="irsa_ExchangeForeignRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ExchangeForeignRate_doc" xml:lang="en-US">The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialLiabilitiesTradeAndOtherPayables" xlink:to="irsa_FinancialLiabilitiesTradeAndOtherPayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialLiabilitiesTradeAndOtherPayables_doc" xml:lang="en-US">Represent financial liabilities trade and other payable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialLiabilitiesBorrowings" xlink:to="irsa_FinancialLiabilitiesBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialLiabilitiesBorrowings_doc" xml:lang="en-US">Represent financial liabilities borrowing.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PropertyPlantAndEquipment1" xlink:to="irsa_PropertyPlantAndEquipment1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PropertyPlantAndEquipment1_doc" xml:lang="en-US">The amount of property plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxCredits" xlink:to="irsa_IncomeTaxCredits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncomeTaxCredits_doc" xml:lang="en-US">The amount of IncomeTaxCredits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredTaxAssets2" xlink:to="irsa_DeferredTaxAssets2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeferredTaxAssets2_doc" xml:lang="en-US">The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherReceivables1" xlink:to="irsa_TradeAndOtherReceivables1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradeAndOtherReceivables1_doc" xml:lang="en-US">The amount of trade receivables and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAndCashEquivalents1" xlink:to="irsa_CashAndCashEquivalents1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CashAndCashEquivalents1_doc" xml:lang="en-US">The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalGroupOfAssetsHeldForSale" xlink:to="irsa_TotalGroupOfAssetsHeldForSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalGroupOfAssetsHeldForSale_doc" xml:lang="en-US">The amount of total group of assets held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeferredTaxLiabilities2" xlink:to="irsa_DeferredTaxLiabilities2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeferredTaxLiabilities2_doc" xml:lang="en-US">The amounts of income taxes payable in future periods in respect of taxable temporary differences.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Borrowings2" xlink:to="irsa_Borrowings2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Borrowings2_doc" xml:lang="en-US">The amount of outstanding funds that the entity is obligated to repay.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Liabilities1" xlink:to="irsa_Liabilities1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Liabilities1_doc" xml:lang="en-US">The amount of present obligations of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitLossBeforeFinancialResultsAndIncomeTax" xlink:to="irsa_ProfitLossBeforeFinancialResultsAndIncomeTax_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProfitLossBeforeFinancialResultsAndIncomeTax_doc" xml:lang="en-US">The amount of profit loss before financial results and income tax.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherFinancialResults" xlink:to="irsa_OtherFinancialResults_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherFinancialResults_doc" xml:lang="en-US">Refers to the amount of other financial results.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Revenue1" xlink:to="irsa_Revenue1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Revenue1_doc" xml:lang="en-US">The income arising in the course of an entity's ordinary activities. Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in an increase in equity, other than those relating to contributions from equity participants.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossProfit1" xlink:to="irsa_GrossProfit1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GrossProfit1_doc" xml:lang="en-US">The amount of revenue less cost of sales.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GeneralAndAdministrativeExpense1" xlink:to="irsa_GeneralAndAdministrativeExpense1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GeneralAndAdministrativeExpense1_doc" xml:lang="en-US">The amount of expense relating to general and administrative activities of the entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SellingExpense1" xlink:to="irsa_SellingExpense1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SellingExpense1_doc" xml:lang="en-US">The amount of expense relating to selling activities of the entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitLossFromOperatingActivities1" xlink:to="irsa_ProfitLossFromOperatingActivities1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProfitLossFromOperatingActivities1_doc" xml:lang="en-US">The profit (loss) from operating activities of the entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1" xlink:to="irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1_doc" xml:lang="en-US">The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseInEquityInterestInAssociatesAndJointVentures" xlink:to="irsa_IncreaseInEquityInterestInAssociatesAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseInEquityInterestInAssociatesAndJointVentures_doc" xml:lang="en-US">The amount of increase in equity interest in associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IssuanceOfCapitalAndContributions" xlink:to="irsa_IssuanceOfCapitalAndContributions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IssuanceOfCapitalAndContributions_doc" xml:lang="en-US">The amount of issuance of capital and contributions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalReductionOfAssociation" xlink:to="irsa_CapitalReductionOfAssociation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CapitalReductionOfAssociation_doc" xml:lang="en-US">The amount of capital reduaction of joint association.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreaseForControlObtainment" xlink:to="irsa_DecreaseForControlObtainment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DecreaseForControlObtainment_doc" xml:lang="en-US">The amount of the decrease for control obtainment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent" xlink:to="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent_doc" xml:lang="en-US">The amount of increase and decrease through changes in ownership interest in associate that do not result in loss of control equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransferToLoansToAssociates" xlink:to="irsa_TransferToLoansToAssociates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransferToLoansToAssociates_doc" xml:lang="en-US">The amount of transfer to loans to associates.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Dividend" xlink:to="irsa_Dividend_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Dividend_doc" xml:lang="en-US">The amount of dividend paid and received.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DistributionForAssociateLiquidation" xlink:to="irsa_DistributionForAssociateLiquidation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DistributionForAssociateLiquidation_doc" xml:lang="en-US">The amount of distribution for associate liquidation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncorporationOfDeconsolidatedSubsidiary" xlink:to="irsa_IncorporationOfDeconsolidatedSubsidiary_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncorporationOfDeconsolidatedSubsidiary_doc" xml:lang="en-US">The amount of incorporation of deconsolidated subsidiary.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReclassificationToHeldForSale" xlink:to="irsa_ReclassificationToHeldForSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReclassificationToHeldForSale_doc" xml:lang="en-US">The amount of reclassification to held for sale in association.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OthersOfJointAssociation" xlink:to="irsa_OthersOfJointAssociation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OthersOfJointAssociation_doc" xml:lang="en-US">The amount of others of joint association.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustment2" xlink:to="irsa_CumulativeTranslationAdjustment2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CumulativeTranslationAdjustment2_doc" xml:lang="en-US">The amount of cumulative translation adjustment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1" xlink:to="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1_doc" xml:lang="en-US">The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NewLipstickMember" xlink:to="irsa_NewLipstickMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NewLipstickMember_doc" xml:lang="en-US">The member stand for new lipstick.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BHSAMember" xlink:to="irsa_BHSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BHSAMember_doc" xml:lang="en-US">This member stands for BHSA.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CondorMember" xlink:to="irsa_CondorMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CondorMember_doc" xml:lang="en-US">The member stand for condor.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdamaMember" xlink:to="irsa_AdamaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AdamaMember_doc" xml:lang="en-US">This member stands for adama.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PBELMember" xlink:to="irsa_PBELMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PBELMember_doc" xml:lang="en-US">This member stands for PBEL.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherAssociatesMember" xlink:to="irsa_OtherAssociatesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherAssociatesMember_doc" xml:lang="en-US">The member stand for other associates.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_QualityInvestSAMember" xlink:to="irsa_QualityInvestSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_QualityInvestSAMember_doc" xml:lang="en-US">The member represent quality invest s.a.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaRuralSAMember" xlink:to="irsa_LaRuralSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LaRuralSAMember_doc" xml:lang="en-US">The member represent la rural s.a.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MehadrinMember" xlink:to="irsa_MehadrinMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_MehadrinMember_doc" xml:lang="en-US">The member represent mehadrin.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherJointVenturesMember" xlink:to="irsa_OtherJointVenturesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherJointVenturesMember_doc" xml:lang="en-US">The member represent other joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures" xlink:to="irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures_doc" xml:lang="en-US">The principal place of business of associate and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MainActivityOfAssociatesAndJointVentures" xlink:to="irsa_MainActivityOfAssociatesAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_MainActivityOfAssociatesAndJointVentures_doc" xml:lang="en-US">The main activity of associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CommonSharesVoteOfAssociatesAndJointVentures" xlink:to="irsa_CommonSharesVoteOfAssociatesAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CommonSharesVoteOfAssociatesAndJointVentures_doc" xml:lang="en-US">Represent common shares vote of associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInAssociatesAndJointVentures" xlink:to="irsa_InvestmentsInAssociatesAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentsInAssociatesAndJointVentures_doc" xml:lang="en-US">Represent investments in associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures" xlink:to="irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures_doc" xml:lang="en-US">Represent group interest in compehensive income of Associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures" xlink:to="irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures_doc" xml:lang="en-US">Represent proportion of ownership interest in associate and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures" xlink:to="irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures_doc" xml:lang="en-US">Represent share capital nominal value of associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitLossOfAssociatesAndJointVentures" xlink:to="irsa_ProfitLossOfAssociatesAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProfitLossOfAssociatesAndJointVentures_doc" xml:lang="en-US">Represent profit loss of associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareholdersEquityOfAssociatesAndJointVentures" xlink:to="irsa_ShareholdersEquityOfAssociatesAndJointVentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShareholdersEquityOfAssociatesAndJointVentures_doc" xml:lang="en-US">Represent shareholders equity of associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_QualityInvestMember" xlink:to="irsa_QualityInvestMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_QualityInvestMember_doc" xml:lang="en-US">This member stands for quality invest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InterestInJointAssociate" xlink:to="irsa_InterestInJointAssociate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InterestInJointAssociate_doc" xml:lang="en-US">The amount of the joint associate interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GoodwillAndOthers" xlink:to="irsa_GoodwillAndOthers_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GoodwillAndOthers_doc" xml:lang="en-US">The amount of the goodwill and other of joint venture.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BookValue" xlink:to="irsa_BookValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BookValue_doc" xml:lang="en-US">The amount of the book value of joint venture.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendDistributionsOfAssociation" xlink:to="irsa_DividendDistributionsOfAssociation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DividendDistributionsOfAssociation_doc" xml:lang="en-US">The amount of the dividend distributions of joint association.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BancoHipotecarioS.A.Member" xlink:to="irsa_BancoHipotecarioS.A.Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BancoHipotecarioS.A.Member_doc" xml:lang="en-US">The member stand for banco hipotecario s.a.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UseOfEstimatedInvestment" xlink:to="irsa_UseOfEstimatedInvestment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UseOfEstimatedInvestment_doc" xml:lang="en-US">The amount of use in estimated of investment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EmployeeCompensationPlan" xlink:to="irsa_EmployeeCompensationPlan_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EmployeeCompensationPlan_doc" xml:lang="en-US">The shares of employee compensation plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows" xlink:to="irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows_doc" xml:lang="en-US">The description of assumptions for future business cash flow.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProfitLossFromContinuingOperations1" xlink:to="irsa_ProfitLossFromContinuingOperations1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProfitLossFromContinuingOperations1_doc" xml:lang="en-US">Refers to the amount of profit loss from continuing operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnrecognizedTaxLossCarryforwards" xlink:to="irsa_UnrecognizedTaxLossCarryforwards_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UnrecognizedTaxLossCarryforwards_doc" xml:lang="en-US">The amount of unrecognized tax loss carryforwards.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IncomeTaxExpenseContinuingOperations1" xlink:to="irsa_IncomeTaxExpenseContinuingOperations1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IncomeTaxExpenseContinuingOperations1_doc" xml:lang="en-US">Refers to the amount of income tax expenses continuing operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MinimumPresumedIncomeTaxMpit1" xlink:to="irsa_MinimumPresumedIncomeTaxMpit1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_MinimumPresumedIncomeTaxMpit1_doc" xml:lang="en-US">Refers to the amount of minimum presumed income tax mpit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TaxLossCarryForwardsMember" xlink:to="irsa_TaxLossCarryForwardsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TaxLossCarryForwardsMember_doc" xml:lang="en-US">This member stands for tax loss carry forwards.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ClassesOfAssets1Member" xlink:to="irsa_ClassesOfAssets1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ClassesOfAssets1Member_doc" xml:lang="en-US">This member stands for classes of asset.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember" xlink:to="irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember_doc" xml:lang="en-US">This member stands for investment properties and property plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradingPropertiesMember" xlink:to="irsa_TradingPropertiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradingPropertiesMember_doc" xml:lang="en-US">This member stands for trading properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Investments1Member" xlink:to="irsa_Investments1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Investments1Member_doc" xml:lang="en-US">Assets held for their financial return, rather than for the entity's operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IntangibleAssetsMember" xlink:to="irsa_IntangibleAssetsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IntangibleAssetsMember_doc" xml:lang="en-US">This member stands for intangible asset.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Liabilities1Member" xlink:to="irsa_Liabilities1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Liabilities1Member_doc" xml:lang="en-US">This member stands for liabilties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BusinessCombinationAndAssetsHeldForSale" xlink:to="irsa_BusinessCombinationAndAssetsHeldForSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BusinessCombinationAndAssetsHeldForSale_doc" xml:lang="en-US">Refers to the amount of business combination and assets held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ChargedCreditedToStatementsOfIncome" xlink:to="irsa_ChargedCreditedToStatementsOfIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ChargedCreditedToStatementsOfIncome_doc" xml:lang="en-US">Refers to the amount of charged credited to statements of income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReclassificationOpeningBalances" xlink:to="irsa_ReclassificationOpeningBalances_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReclassificationOpeningBalances_doc" xml:lang="en-US">Refers to the amount of reclassification opening balances.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ChangesOfNoncontrollingInterest" xlink:to="irsa_ChangesOfNoncontrollingInterest_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ChangesOfNoncontrollingInterest_doc" xml:lang="en-US">Refers to the amount of changes of noncontrolling interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UseOfTaxLossCarryforwards" xlink:to="irsa_UseOfTaxLossCarryforwards_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UseOfTaxLossCarryforwards_doc" xml:lang="en-US">Refers to the amount of use of tax loss carryforwards.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CumulativeTranslationAdjustment3" xlink:to="irsa_CumulativeTranslationAdjustment3_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CumulativeTranslationAdjustment3_doc" xml:lang="en-US">The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deconsolidation2" xlink:to="irsa_Deconsolidation2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Deconsolidation2_doc" xml:lang="en-US">The amount of deconsolidation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deconsolidation3" xlink:to="irsa_Deconsolidation3_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Deconsolidation3_doc" xml:lang="en-US">The amount of deconsolidation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAdvancesAndLoansMadeToRelatedParties1" xlink:to="irsa_CashAdvancesAndLoansMadeToRelatedParties1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CashAdvancesAndLoansMadeToRelatedParties1_doc" xml:lang="en-US">The cash outflow for loans and advances made to related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfEvolutionOfBorrowingExplanatory" xlink:to="irsa_ScheduleOfEvolutionOfBorrowingExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ScheduleOfEvolutionOfBorrowingExplanatory_doc" xml:lang="en-US">Detail information about evolution of borrowing.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfInventoryTableTextBlock" xlink:to="irsa_ScheduleOfInventoryTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ScheduleOfInventoryTableTextBlock_doc" xml:lang="en-US">Detail information about inventory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfCostOfGoodsSoldAndServicesExplanatory" xlink:to="irsa_ScheduleOfCostOfGoodsSoldAndServicesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ScheduleOfCostOfGoodsSoldAndServicesExplanatory_doc" xml:lang="en-US">Detail information about cost of goods sold and services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SalariesAndSocialSecurityLiabilities2" xlink:to="irsa_SalariesAndSocialSecurityLiabilities2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SalariesAndSocialSecurityLiabilities2_doc" xml:lang="en-US">The amount of salaries and social security liabilities.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NameOfInvestmentPropertyAxis" xlink:label="irsa_NameOfInvestmentPropertyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NameOfInvestmentPropertyAxis" xlink:to="irsa_NameOfInvestmentPropertyAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NameOfInvestmentPropertyAxis_doc" xml:lang="en-US">Information by name of property.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentProperty1Member" xlink:label="irsa_InvestmentProperty1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentProperty1Member" xlink:to="irsa_InvestmentProperty1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentProperty1Member_doc" xml:lang="en-US">This member stands for investment property. It also represents the standard value for the 'Types of investment property' axis if no other member is used.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AbastoShoppingMember" xlink:label="irsa_AbastoShoppingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AbastoShoppingMember" xlink:to="irsa_AbastoShoppingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AbastoShoppingMember_doc" xml:lang="en-US">Represents the information of property in abasto shopping.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AltoPalermoShoppingMember" xlink:label="irsa_AltoPalermoShoppingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AltoPalermoShoppingMember" xlink:to="irsa_AltoPalermoShoppingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AltoPalermoShoppingMember_doc" xml:lang="en-US">Represents the information of property in alto palermo shopping.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AltoAvellanedaMember" xlink:label="irsa_AltoAvellanedaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AltoAvellanedaMember" xlink:to="irsa_AltoAvellanedaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AltoAvellanedaMember_doc" xml:lang="en-US">Represents the information of property in alto avellaneda.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AlcortaShoppingMember" xlink:label="irsa_AlcortaShoppingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AlcortaShoppingMember" xlink:to="irsa_AlcortaShoppingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AlcortaShoppingMember_doc" xml:lang="en-US">Represents the information of property in alcorta shopping.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AltoNoaMember" xlink:label="irsa_AltoNoaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AltoNoaMember" xlink:to="irsa_AltoNoaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AltoNoaMember_doc" xml:lang="en-US">Represents the information of property in alto noa.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BuenosAiresDesignMember" xlink:label="irsa_BuenosAiresDesignMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BuenosAiresDesignMember" xlink:to="irsa_BuenosAiresDesignMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BuenosAiresDesignMember_doc" xml:lang="en-US">Represents the information of property in buenos aires design.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PatioBullrichMember" xlink:label="irsa_PatioBullrichMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PatioBullrichMember" xlink:to="irsa_PatioBullrichMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PatioBullrichMember_doc" xml:lang="en-US">Represents the information of property in patio bullrich.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AltoRosarioMember" xlink:label="irsa_AltoRosarioMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AltoRosarioMember" xlink:to="irsa_AltoRosarioMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AltoRosarioMember_doc" xml:lang="en-US">Represents the information of property in alto rosario.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_MendozaPlazaMember" xlink:label="irsa_MendozaPlazaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MendozaPlazaMember" xlink:to="irsa_MendozaPlazaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_MendozaPlazaMember_doc" xml:lang="en-US">Represents the information of property in mendoza plaza.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DotBairesShoppingMember" xlink:label="irsa_DotBairesShoppingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DotBairesShoppingMember" xlink:to="irsa_DotBairesShoppingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DotBairesShoppingMember_doc" xml:lang="en-US">Represents the information of property in dot baires shopping.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CordobaShoppingMember" xlink:label="irsa_CordobaShoppingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CordobaShoppingMember" xlink:to="irsa_CordobaShoppingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CordobaShoppingMember_doc" xml:lang="en-US">Represents the information of property in cordoba shopping.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DistritoArcosMember" xlink:label="irsa_DistritoArcosMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DistritoArcosMember" xlink:to="irsa_DistritoArcosMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DistritoArcosMember_doc" xml:lang="en-US">Represents the information of property in distrito arcos.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_AltoComahueMember" xlink:label="irsa_AltoComahueMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AltoComahueMember" xlink:to="irsa_AltoComahueMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AltoComahueMember_doc" xml:lang="en-US">Represents the information of property in alto comahue.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PatioOlmosMember" xlink:label="irsa_PatioOlmosMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PatioOlmosMember" xlink:to="irsa_PatioOlmosMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PatioOlmosMember_doc" xml:lang="en-US">Represents the information of property in patio olmos.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SoleilPremiumOutletMember" xlink:label="irsa_SoleilPremiumOutletMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SoleilPremiumOutletMember" xlink:to="irsa_SoleilPremiumOutletMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SoleilPremiumOutletMember_doc" xml:lang="en-US">Represents the information of property in soleil premium outlet.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_DotBuildingMember" xlink:label="irsa_DotBuildingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DotBuildingMember" xlink:to="irsa_DotBuildingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DotBuildingMember_doc" xml:lang="en-US">Represents the information of property in dot building.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Bouchard710Member" xlink:label="irsa_Bouchard710Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Bouchard710Member" xlink:to="irsa_Bouchard710Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Bouchard710Member_doc" xml:lang="en-US">Represents the information of property in bouchard 710.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_Bouchard551Member" xlink:label="irsa_Bouchard551Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Bouchard551Member" xlink:to="irsa_Bouchard551Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Bouchard551Member_doc" xml:lang="en-US">Represents the information of property in bouchard 551.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IntercontinentalPlazaMember" xlink:label="irsa_IntercontinentalPlazaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IntercontinentalPlazaMember" xlink:to="irsa_IntercontinentalPlazaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IntercontinentalPlazaMember_doc" xml:lang="en-US">Represents the information of property in intercontinental plaza.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BankbostonTowerMember" xlink:label="irsa_BankbostonTowerMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BankbostonTowerMember" xlink:to="irsa_BankbostonTowerMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BankbostonTowerMember_doc" xml:lang="en-US">Represents the information of property in bankboston tower.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_RepublicaBuildingMember" xlink:label="irsa_RepublicaBuildingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RepublicaBuildingMember" xlink:to="irsa_RepublicaBuildingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RepublicaBuildingMember_doc" xml:lang="en-US">Represents the information of property in republica building.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LaAdelaMember" xlink:label="irsa_LaAdelaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LaAdelaMember" xlink:to="irsa_LaAdelaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LaAdelaMember_doc" xml:lang="en-US">Represents the information of property in la adela.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_EdificioPhillipsMember" xlink:label="irsa_EdificioPhillipsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EdificioPhillipsMember" xlink:to="irsa_EdificioPhillipsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EdificioPhillipsMember_doc" xml:lang="en-US">Represents the information of property in edificio phillips.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_TivoliMember" xlink:label="irsa_TivoliMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TivoliMember" xlink:to="irsa_TivoliMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TivoliMember_doc" xml:lang="en-US">Represents the information of property in tivoli.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_KiryatOnoMallMember" xlink:label="irsa_KiryatOnoMallMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_KiryatOnoMallMember" xlink:to="irsa_KiryatOnoMallMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_KiryatOnoMallMember_doc" xml:lang="en-US">Represents the information of property in kiryat ono mall.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_ShoppingCenterModiInAMember" xlink:label="irsa_ShoppingCenterModiInAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShoppingCenterModiInAMember" xlink:to="irsa_ShoppingCenterModiInAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShoppingCenterModiInAMember_doc" xml:lang="en-US">Represents the information of property in shopping center modi&amp;amp;amp;amp;#226;&amp;amp;amp;amp;#8364;&amp;amp;amp;amp;#8482;in</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_HsbcMember" xlink:label="irsa_HsbcMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HsbcMember" xlink:to="irsa_HsbcMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_HsbcMember_doc" xml:lang="en-US">Represents the information of property in hsbc.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_MatamParkHaifaMember" xlink:label="irsa_MatamParkHaifaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MatamParkHaifaMember" xlink:to="irsa_MatamParkHaifaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_MatamParkHaifaMember_doc" xml:lang="en-US">Represents the information of property in matam park haifa.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_HerzeliyaNorthMember" xlink:label="irsa_HerzeliyaNorthMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HerzeliyaNorthMember" xlink:to="irsa_HerzeliyaNorthMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_HerzeliyaNorthMember_doc" xml:lang="en-US">Represents the information of property in herzeliya north.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GavYamCenterHerzeliyaMember" xlink:label="irsa_GavYamCenterHerzeliyaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GavYamCenterHerzeliyaMember" xlink:to="irsa_GavYamCenterHerzeliyaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GavYamCenterHerzeliyaMember_doc" xml:lang="en-US">Represents the information of property in gav yam center herzeliya.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_NeyarHaderaModiInMember" xlink:label="irsa_NeyarHaderaModiInMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NeyarHaderaModiInMember" xlink:to="irsa_NeyarHaderaModiInMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NeyarHaderaModiInMember_doc" xml:lang="en-US">Represents the information of property in neyar hadera modi in.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_GavYamParkBeerShevaMember" xlink:label="irsa_GavYamParkBeerShevaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GavYamParkBeerShevaMember" xlink:to="irsa_GavYamParkBeerShevaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GavYamParkBeerShevaMember_doc" xml:lang="en-US">Represents the information of property in gav yam park beer sheva.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_HaifaBayMember" xlink:label="irsa_HaifaBayMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HaifaBayMember" xlink:to="irsa_HaifaBayMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_HaifaBayMember_doc" xml:lang="en-US">Represents the information of property in haifa bay.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_IsproPlanetBeershevaPhase1Member" xlink:label="irsa_IsproPlanetBeershevaPhase1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IsproPlanetBeershevaPhase1Member" xlink:to="irsa_IsproPlanetBeershevaPhase1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IsproPlanetBeershevaPhase1Member_doc" xml:lang="en-US">Represents the information of property in ispro planet -beersheva phase1.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SharonMember" xlink:label="irsa_SharonMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SharonMember" xlink:to="irsa_SharonMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SharonMember_doc" xml:lang="en-US">Represents the information of property in sharon.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_MerkazMember" xlink:label="irsa_MerkazMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_MerkazMember" xlink:to="irsa_MerkazMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_MerkazMember_doc" xml:lang="en-US">Represents the information of property in merkaz.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_OthersShufersalMember" xlink:label="irsa_OthersShufersalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OthersShufersalMember" xlink:to="irsa_OthersShufersalMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OthersShufersalMember_doc" xml:lang="en-US">Represents the information of property in others shufersal.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_InvestmentPropertyUndevelopedMember" xlink:label="irsa_InvestmentPropertyUndevelopedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentPropertyUndevelopedMember" xlink:to="irsa_InvestmentPropertyUndevelopedMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentPropertyUndevelopedMember_doc" xml:lang="en-US">This member stands for investment property undeveloped.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BuildingAnnexedToDotMember" xlink:label="irsa_BuildingAnnexedToDotMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BuildingAnnexedToDotMember" xlink:to="irsa_BuildingAnnexedToDotMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BuildingAnnexedToDotMember_doc" xml:lang="en-US">Represents the information of property in building annexed to dot.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_LujanPlotOfLandMember" xlink:label="irsa_LujanPlotOfLandMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LujanPlotOfLandMember" xlink:to="irsa_LujanPlotOfLandMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LujanPlotOfLandMember_doc" xml:lang="en-US">Represents the information of property in lujan plot of land.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CaballitoFerroMember" xlink:label="irsa_CaballitoFerroMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CaballitoFerroMember" xlink:to="irsa_CaballitoFerroMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CaballitoFerroMember_doc" xml:lang="en-US">Represents the information of property in caballito ferro.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_SantaMariaDelPlataMember" xlink:label="irsa_SantaMariaDelPlataMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SantaMariaDelPlataMember" xlink:to="irsa_SantaMariaDelPlataMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SantaMariaDelPlataMember_doc" xml:lang="en-US">Represents the information of property in santa mar&amp;amp;amp;amp;#195;&amp;amp;amp;amp;#173;a del plata.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_PhOfficeParkMember" xlink:label="irsa_PhOfficeParkMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PhOfficeParkMember" xlink:to="irsa_PhOfficeParkMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PhOfficeParkMember_doc" xml:lang="en-US">Represents the information of property in ph office park.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_BuildingAnnexedToAltoPalermoShoppingMember" xlink:label="irsa_BuildingAnnexedToAltoPalermoShoppingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BuildingAnnexedToAltoPalermoShoppingMember" xlink:to="irsa_BuildingAnnexedToAltoPalermoShoppingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BuildingAnnexedToAltoPalermoShoppingMember_doc" xml:lang="en-US">Represents the information of property in building annexed to alto palermo shopping.</link:label>
      <link:loc xlink:type="locator" xlink:href="irsa-20180630.xsd#irsa_CatalinasNorteMember" xlink:label="irsa_CatalinasNorteMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CatalinasNorteMember" xlink:to="irsa_CatalinasNorteMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CatalinasNorteMember_doc" xml:lang="en-US">Represents the information of property in catalinas norte.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember" xlink:to="irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember_doc" xml:lang="en-US">The member represent trade and other receivables excluding the allowance for doubtful account and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInFinancialAssetsCategoryMember" xlink:to="irsa_InvestmentsInFinancialAssetsCategoryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentsInFinancialAssetsCategoryMember_doc" xml:lang="en-US">The member stand for investments in financial assests category.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PublicCompaniesSecuritiesMember" xlink:to="irsa_PublicCompaniesSecuritiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PublicCompaniesSecuritiesMember_doc" xml:lang="en-US">The member stand for public companies securities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PrivateCompaniesSecuritiesMember" xlink:to="irsa_PrivateCompaniesSecuritiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PrivateCompaniesSecuritiesMember_doc" xml:lang="en-US">The member stand for private companies securities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deposits1Member" xlink:to="irsa_Deposits1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Deposits1Member_doc" xml:lang="en-US">Amounts held on account by the entity representing a liability to the depositor. Deposits may take various forms (for example, demand deposits, saving deposits, Negotiable Order of Withdrawal (NOW) and time deposits) and may be categorized in multiple ways (such as, foreign and domestic, interest and noninterest bearing).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Bonds1Member" xlink:to="irsa_Bonds1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Bonds1Member_doc" xml:lang="en-US">The member stand for bonds.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OthersInvestmentInFinancialAssetsMember" xlink:to="irsa_OthersInvestmentInFinancialAssetsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OthersInvestmentInFinancialAssetsMember_doc" xml:lang="en-US">The member stand for others investment in financial assests.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentsInFinancialAssetsWithQuotationMember" xlink:to="irsa_InvestmentsInFinancialAssetsWithQuotationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentsInFinancialAssetsWithQuotationMember_doc" xml:lang="en-US">The member represent investments in financial assets with quotation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ForeignCurrencyFutureContractsMember" xlink:to="irsa_ForeignCurrencyFutureContractsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ForeignCurrencyFutureContractsMember_doc" xml:lang="en-US">The member stand for foreign currency future contracts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherDerivativeFinancialInstrumentsMember" xlink:to="irsa_OtherDerivativeFinancialInstrumentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherDerivativeFinancialInstrumentsMember_doc" xml:lang="en-US">The membe represent other derivative financial Instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ClalMember" xlink:to="irsa_ClalMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ClalMember_doc" xml:lang="en-US">The member stand for clal.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAndCashEquivalentsCategoryMember" xlink:to="irsa_CashAndCashEquivalentsCategoryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CashAndCashEquivalentsCategoryMember_doc" xml:lang="en-US">The member stand for cash and cash equivalents category.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashAtBankAndOnHandMember" xlink:to="irsa_CashAtBankAndOnHandMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CashAtBankAndOnHandMember_doc" xml:lang="en-US">The member stand for cash at bank and on hand.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShortTermInvestments1Member" xlink:to="irsa_ShortTermInvestments1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShortTermInvestments1Member_doc" xml:lang="en-US">Investments which are not otherwise included in another category or item that the entity has the intent to sell or dispose of within one year from the date of the balance sheet.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ForwardsMember" xlink:to="irsa_ForwardsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ForwardsMember_doc" xml:lang="en-US">The member stand for forwards.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SwapsMember" xlink:to="irsa_SwapsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SwapsMember_doc" xml:lang="en-US">The member stand for swaps.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WarrantsMember" xlink:to="irsa_WarrantsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_WarrantsMember_doc" xml:lang="en-US">The member stand for warrants.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossFinancialAssets" xlink:to="irsa_GrossFinancialAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GrossFinancialAssets_doc" xml:lang="en-US">The gross amount of financial assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossFinancialLiabilities" xlink:to="irsa_GrossFinancialLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GrossFinancialLiabilities_doc" xml:lang="en-US">The gross amount of financial liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossFinancialAssetsRecognized" xlink:to="irsa_GrossFinancialAssetsRecognized_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GrossFinancialAssetsRecognized_doc" xml:lang="en-US">The gross amount of financial assets recognized.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GrossFinancialLiabilitiesRecognized" xlink:to="irsa_GrossFinancialLiabilitiesRecognized_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GrossFinancialLiabilitiesRecognized_doc" xml:lang="en-US">The gross amount of financial liabilities recognized.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis" xlink:to="irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis_doc" xml:lang="en-US">Information by categories of financial assets and liabilities axis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember" xlink:to="irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember_doc" xml:lang="en-US">This member stands for the financial assets and liabilities at amortised cost category.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember_doc" xml:lang="en-US">This member stands for the financial assets and liabilities at fair value through profit or loss category.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncome2" xlink:to="irsa_FinanceIncome2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinanceIncome2_doc" xml:lang="en-US">Information by finance income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InterestExpense1" xlink:to="irsa_InterestExpense1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InterestExpense1_doc" xml:lang="en-US">Information by interest expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherFinanceCost1" xlink:to="irsa_OtherFinanceCost1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherFinanceCost1_doc" xml:lang="en-US">Information by other finance cost.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinanceIncomeCost1" xlink:to="irsa_FinanceIncomeCost1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinanceIncomeCost1_doc" xml:lang="en-US">Information by finance income cost.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashFlowsTheoreticalPriceMember" xlink:to="irsa_CashFlowsTheoreticalPriceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CashFlowsTheoreticalPriceMember_doc" xml:lang="en-US">The member stand for cash flows theoretical price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BinomialTreeTheoreticalPriceIMember" xlink:to="irsa_BinomialTreeTheoreticalPriceIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BinomialTreeTheoreticalPriceIMember_doc" xml:lang="en-US">The member stand for binomial tree theoretical pricel.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountedCashFlowsTheoreticalPriceMember" xlink:to="irsa_DiscountedCashFlowsTheoreticalPriceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DiscountedCashFlowsTheoreticalPriceMember_doc" xml:lang="en-US">The member stand for discounted cash flows theoretical price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BlackScholesTheoreticalPriceMember" xlink:to="irsa_BlackScholesTheoreticalPriceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BlackScholesTheoreticalPriceMember_doc" xml:lang="en-US">The member stand for black scholes theoretical price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountedCashflows1Member" xlink:to="irsa_DiscountedCashflows1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DiscountedCashflows1Member_doc" xml:lang="en-US">The member stand for discounted cash flows.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CashFlowNAVTheoreticalPriceMember" xlink:to="irsa_CashFlowNAVTheoreticalPriceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CashFlowNAVTheoreticalPriceMember_doc" xml:lang="en-US">The member stand for cash flow nav theoretical price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DiscountedCashFlows1TheoreticalPriceMember" xlink:to="irsa_DiscountedCashFlows1TheoreticalPriceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DiscountedCashFlows1TheoreticalPriceMember_doc" xml:lang="en-US">The member stand for discounted cash flows theoretical price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TheoreticalPriceMember" xlink:to="irsa_TheoreticalPriceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TheoreticalPriceMember_doc" xml:lang="en-US">The member stand for theoretical prime.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DescriptionRangeOfValuationModelsWithDerivatives" xlink:to="irsa_DescriptionRangeOfValuationModelsWithDerivatives_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DescriptionRangeOfValuationModelsWithDerivatives_doc" xml:lang="en-US">The information represent the description range of valuation models with derivatives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives" xlink:to="irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives_doc" xml:lang="en-US">The information represent the pricing model method range of valuation models with derivatives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ParametersRangeOfValuationModelsWithDerivatives" xlink:to="irsa_ParametersRangeOfValuationModelsWithDerivatives_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ParametersRangeOfValuationModelsWithDerivatives_doc" xml:lang="en-US">The information represent the parameters range of valuation models with derivatives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RangeOfValuationModelsWithDerivativesTerms" xlink:to="irsa_RangeOfValuationModelsWithDerivativesTerms_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RangeOfValuationModelsWithDerivativesTerms_doc" xml:lang="en-US">The information represent the range of valuation models with derivatives terms.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsCategoryMember" xlink:to="irsa_BorrowingsCategoryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BorrowingsCategoryMember_doc" xml:lang="en-US">The member stand for borrowings category.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonRecourseLoanMember" xlink:to="irsa_NonRecourseLoanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NonRecourseLoanMember_doc" xml:lang="en-US">The member stand for non recourse loan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AggregateFinancialinstrument" xlink:to="irsa_AggregateFinancialinstrument_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AggregateFinancialinstrument_doc" xml:lang="en-US">The aggregate financial instrument assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AdditionsAndAcquisitions" xlink:to="irsa_AdditionsAndAcquisitions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AdditionsAndAcquisitions_doc" xml:lang="en-US">The aggregate of financial instrument assets additional and acquisations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialInstrumentCumulativeTranslationAdjustment" xlink:to="irsa_FinancialInstrumentCumulativeTranslationAdjustment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialInstrumentCumulativeTranslationAdjustment_doc" xml:lang="en-US">The cumulative translation adjustment of financial instrument.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransferOfFinancialInstrument" xlink:to="irsa_TransferOfFinancialInstrument_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransferOfFinancialInstrument_doc" xml:lang="en-US">The amount of financial instrument transfer.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BusinessAcquisation" xlink:to="irsa_BusinessAcquisation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BusinessAcquisation_doc" xml:lang="en-US">The amount of business acquisation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReclassificationToLiabilitiesHeldForSale" xlink:to="irsa_ReclassificationToLiabilitiesHeldForSale_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReclassificationToLiabilitiesHeldForSale_doc" xml:lang="en-US">The amount of reclassification to liabilities held for sale.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialInstrumentWriteOff" xlink:to="irsa_FinancialInstrumentWriteOff_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialInstrumentWriteOff_doc" xml:lang="en-US">The amount of financial instrument write off.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TransferedToCurrentTradeAndOtherReceivables" xlink:to="irsa_TransferedToCurrentTradeAndOtherReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TransferedToCurrentTradeAndOtherReceivables_doc" xml:lang="en-US">Represent transfered to current trade and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DeconsolidationOfFinancialInstruments" xlink:to="irsa_DeconsolidationOfFinancialInstruments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DeconsolidationOfFinancialInstruments_doc" xml:lang="en-US">Represent deconsolidation of financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_GainLossFromFinancialInstrument" xlink:to="irsa_GainLossFromFinancialInstrument_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_GainLossFromFinancialInstrument_doc" xml:lang="en-US">The amount of gain and loss from financial instrument during the year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalRelatedParties" xlink:to="irsa_TotalRelatedParties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalRelatedParties_doc" xml:lang="en-US">The amount of total related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ManibilMember" xlink:to="irsa_ManibilMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ManibilMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NewLipstickLLCMember" xlink:to="irsa_NewLipstickLLCMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NewLipstickLLCMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CondorHospitalityTrustIncMember" xlink:to="irsa_CondorHospitalityTrustIncMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CondorHospitalityTrustIncMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OtherAssociatesAndJointVenturesMember" xlink:to="irsa_OtherAssociatesAndJointVenturesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OtherAssociatesAndJointVenturesMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CresudSACIFyAMember" xlink:to="irsa_CresudSACIFyAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CresudSACIFyAMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InversionesFinancierasdelSurSAMember" xlink:to="irsa_InversionesFinancierasdelSurSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InversionesFinancierasdelSurSAMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TaamanMember" xlink:to="irsa_TaamanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TaamanMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_WillifoodMember" xlink:to="irsa_WillifoodMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_WillifoodMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RESLPMember" xlink:to="irsa_RESLPMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RESLPMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DirectorsMember" xlink:to="irsa_DirectorsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DirectorsMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReimbursementOfExpenses" xlink:to="irsa_ReimbursementOfExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReimbursementOfExpenses_doc" xml:lang="en-US">Repayment for expenses incurred on behalf of a client or customer, other than those reimbursements received by landlords from tenants.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendsReceivables" xlink:to="irsa_DividendsReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DividendsReceivables_doc" xml:lang="en-US">The amount of dividend receivable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PublicCompaniesSecurities" xlink:to="irsa_PublicCompaniesSecurities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PublicCompaniesSecurities_doc" xml:lang="en-US">A&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;company&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;that has held an initial&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;public&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;offering and whose&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;sharesare traded on a&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;stock&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;exchange or in the over-the-counter</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LeasesAndRightsOfUse" xlink:to="irsa_LeasesAndRightsOfUse_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LeasesAndRightsOfUse_doc" xml:lang="en-US">The amount of receivables related to leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CommissionExpense" xlink:to="irsa_CommissionExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CommissionExpense_doc" xml:lang="en-US">The amount of commission expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ManagementFee" xlink:to="irsa_ManagementFee_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ManagementFee_doc" xml:lang="en-US">The amount of management fees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Advertising" xlink:to="irsa_Advertising_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Advertising_doc" xml:lang="en-US">The amount of advertising expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareBasesCompensationPlan" xlink:to="irsa_ShareBasesCompensationPlan_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShareBasesCompensationPlan_doc" xml:lang="en-US">Represents information related t o share-based compensation plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LongTermIncentivePlan" xlink:to="irsa_LongTermIncentivePlan_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LongTermIncentivePlan_doc" xml:lang="en-US">A long-term incentive plan (LTIP) is a reward system designed to improve employees' long-term performance by providing rewards that may not be tied to the company's share price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CorporateServices" xlink:to="irsa_CorporateServices_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CorporateServices_doc" xml:lang="en-US">The amount of expense arising from services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonConvertibleNotes" xlink:to="irsa_NonConvertibleNotes_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NonConvertibleNotes_doc" xml:lang="en-US">Nonconvertible debentures&amp;amp;amp;amp;amp;amp;amp;#160;are unsecured bonds that cannot be converted to company equity or stock.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Fees" xlink:to="irsa_Fees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Fees_doc" xml:lang="en-US">The amount of expense arising from fees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LegalServices" xlink:to="irsa_LegalServices_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LegalServices_doc" xml:lang="en-US">The amount of expense arising from legal services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ContributionsToBePaid" xlink:to="irsa_ContributionsToBePaid_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ContributionsToBePaid_doc" xml:lang="en-US">The amount of contribution to be paid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOfAssociateAndJointVenture1" xlink:to="irsa_TotalOfAssociateAndJointVenture1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalOfAssociateAndJointVenture1_doc" xml:lang="en-US">The amount of total associates and joint venture.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalParentCompany" xlink:to="irsa_TotalParentCompany_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalParentCompany_doc" xml:lang="en-US">Represents information related to total parent company.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOthers" xlink:to="irsa_TotalOthers_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalOthers_doc" xml:lang="en-US">The amount of expense arising from total others.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BancodeCrEditoySecuritizacionSAMember" xlink:to="irsa_BancodeCrEditoySecuritizacionSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BancodeCrEditoySecuritizacionSAMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TarshopSAMember" xlink:to="irsa_TarshopSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TarshopSAMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ISPROMehadrinMember" xlink:to="irsa_ISPROMehadrinMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ISPROMehadrinMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalAssociatesAndJointVenturesMember" xlink:to="irsa_TotalAssociatesAndJointVenturesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalAssociatesAndJointVenturesMember_doc" xml:lang="en-US">This member stands for the entities over which the investor has significant influence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CresudMember" xlink:to="irsa_CresudMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CresudMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalParentCompanyMember" xlink:to="irsa_TotalParentCompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalParentCompanyMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EstudioZangBergelAndVinesMember" xlink:to="irsa_EstudioZangBergelAndVinesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EstudioZangBergelAndVinesMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FundacionIRSAMember" xlink:to="irsa_FundacionIRSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FundacionIRSAMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExportacionesAgroindustrialesArgMember" xlink:to="irsa_ExportacionesAgroindustrialesArgMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ExportacionesAgroindustrialesArgMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BHNVidaSAMember" xlink:to="irsa_BHNVidaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BHNVidaSAMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOthersMember" xlink:to="irsa_TotalOthersMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalOthersMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalMember" xlink:to="irsa_TotalMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LeaseAndRightsOfUse" xlink:to="irsa_LeaseAndRightsOfUse_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LeaseAndRightsOfUse_doc" xml:lang="en-US">The information represent the lease and rights of use.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FinancialOperations" xlink:to="irsa_FinancialOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FinancialOperations_doc" xml:lang="en-US">The information represent the financial operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CorporateServicesExpense" xlink:to="irsa_CorporateServicesExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CorporateServicesExpense_doc" xml:lang="en-US">The information represent the corporate services expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_FeesAndSalaries" xlink:to="irsa_FeesAndSalaries_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_FeesAndSalaries_doc" xml:lang="en-US">The information represent the fees and salaries.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ManagementFees" xlink:to="irsa_ManagementFees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ManagementFees_doc" xml:lang="en-US">The information represent the management fees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LegalService" xlink:to="irsa_LegalService_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LegalService_doc" xml:lang="en-US">The information represent the legal service.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOfAssociateAndJointVenture" xlink:to="irsa_TotalOfAssociateAndJointVenture_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalOfAssociateAndJointVenture_doc" xml:lang="en-US">The amount of total associates and joint ventures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalParentCompany1" xlink:to="irsa_TotalParentCompany1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalParentCompany1_doc" xml:lang="en-US">Represents information related to total parent company.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOthers1" xlink:to="irsa_TotalOthers1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalOthers1_doc" xml:lang="en-US">The amount of expense arising from total others.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalRelatedParties1" xlink:to="irsa_TotalRelatedParties1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalRelatedParties1_doc" xml:lang="en-US">The amount of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CyrsaSAMember" xlink:to="irsa_CyrsaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CyrsaSAMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BaicomMember" xlink:to="irsa_BaicomMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BaicomMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NuevoPuertoSantaFeSAMember" xlink:to="irsa_NuevoPuertoSantaFeSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NuevoPuertoSantaFeSAMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ManamanMember" xlink:to="irsa_ManamanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ManamanMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RamatHanassiMember" xlink:to="irsa_RamatHanassiMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RamatHanassiMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PBELRealEstateLTDMember" xlink:to="irsa_PBELRealEstateLTDMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PBELRealEstateLTDMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_EMCOMember" xlink:to="irsa_EMCOMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_EMCOMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AviarepsMember" xlink:to="irsa_AviarepsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AviarepsMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TourismAndRecreationHoldingsLtdMember" xlink:to="irsa_TourismAndRecreationHoldingsLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TourismAndRecreationHoldingsLtdMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BancoHipotecarioSAMember" xlink:to="irsa_BancoHipotecarioSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BancoHipotecarioSAMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_HelmirMember" xlink:to="irsa_HelmirMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_HelmirMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PuertoRetiroSAMember" xlink:to="irsa_PuertoRetiroSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PuertoRetiroSAMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AvenidaIncMember" xlink:to="irsa_AvenidaIncMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AvenidaIncMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PBSRomaniaMember" xlink:to="irsa_PBSRomaniaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PBSRomaniaMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SecdoAndSixGillMember" xlink:to="irsa_SecdoAndSixGillMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SecdoAndSixGillMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SecuredTouchMember" xlink:to="irsa_SecuredTouchMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SecuredTouchMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OpenLegacyMember" xlink:to="irsa_OpenLegacyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_OpenLegacyMember_doc" xml:lang="en-US">This member stands for the categories of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DividendPaybles" xlink:to="irsa_DividendPaybles_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DividendPaybles_doc" xml:lang="en-US">The amount of dividend payble of related parties..</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalDistribution" xlink:to="irsa_TotalDistribution_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalDistribution_doc" xml:lang="en-US">The total disribution amount of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_IrrevocableContributionsRelatedParties" xlink:to="irsa_IrrevocableContributionsRelatedParties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_IrrevocableContributionsRelatedParties_doc" xml:lang="en-US">The amount of irrevocable contributions related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalSubsidiariesContributions" xlink:to="irsa_TotalSubsidiariesContributions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalSubsidiariesContributions_doc" xml:lang="en-US">The value represents of total subsidiaries contribution.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AcquisitionOfNoncontrollingInterest" xlink:to="irsa_AcquisitionOfNoncontrollingInterest_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AcquisitionOfNoncontrollingInterest_doc" xml:lang="en-US">The value represent of acquisition of non controlling interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalOtherTransactions" xlink:to="irsa_TotalOtherTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TotalOtherTransactions_doc" xml:lang="en-US">The value represent total other transactions of related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonadjustingEvents1Member" xlink:to="irsa_NonadjustingEvents1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NonadjustingEvents1Member_doc" xml:lang="en-US">This member stands for events that occur between the end of the reporting period and the date when the financial statements are authorised for issue and are indicative of conditions that arose after the reporting period. It also represents the standard value for the 'Non-adjusting events after reporting period' axis if no other member is used.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DebenturesSERIESMMember" xlink:to="irsa_DebenturesSERIESMMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DebenturesSERIESMMember_doc" xml:lang="en-US">This member stands for all borrowings when disaggregated by name.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ClalHoldingsInsuranceEnterprisesLtdMember" xlink:to="irsa_ClalHoldingsInsuranceEnterprisesLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ClalHoldingsInsuranceEnterprisesLtdMember_doc" xml:lang="en-US">This member stands for information about entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PartialPrepayment" xlink:to="irsa_PartialPrepayment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PartialPrepayment_doc" xml:lang="en-US">Amount of partial prepayment of debentures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfPartialPrepayment" xlink:to="irsa_PercentageOfPartialPrepayment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PercentageOfPartialPrepayment_doc" xml:lang="en-US">Percentage of partial prepayment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ConsiderationTransfer" xlink:to="irsa_ConsiderationTransfer_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ConsiderationTransfer_doc" xml:lang="en-US">Amount of consideration transfer.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ClosingTransactionDate" xlink:to="irsa_ClosingTransactionDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ClosingTransactionDate_doc" xml:lang="en-US">Information about closing transaction date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage" xlink:to="irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage_doc" xml:lang="en-US">The information represent the business combination step acquisition equity interest in acquiree swap percentage.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage" xlink:to="irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage_doc" xml:lang="en-US">The information represent the business combination steps acquisition equity interest in acquiree percentage.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LiabilitiesAssumed" xlink:to="irsa_LiabilitiesAssumed_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_LiabilitiesAssumed_doc" xml:lang="en-US">Amount of liabilities assumed.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetMonetaryPositionLiabilityassetUS" xlink:to="irsa_NetMonetaryPositionLiabilityassetUS_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetMonetaryPositionLiabilityassetUS_doc" xml:lang="en-US">Amount of net monetary position liability asset classified as US.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NetMonetaryPositionLiabilityassetNis" xlink:to="irsa_NetMonetaryPositionLiabilityassetNis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NetMonetaryPositionLiabilityassetNis_doc" xml:lang="en-US">Amount of net monetary position liability asset classified as NIS.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ProportionOfOwnershipInterestInAssociate1" xlink:to="irsa_ProportionOfOwnershipInterestInAssociate1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ProportionOfOwnershipInterestInAssociate1_doc" xml:lang="en-US">The proportion of ownership interest in an associate attributable to the entity. [Refer: Associates [member]]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_InvestmentProperties" xlink:to="irsa_InvestmentProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_InvestmentProperties_doc" xml:lang="en-US">Represent of investment properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ExercisePriceRangeOfOutstandingOptions" xlink:to="irsa_ExercisePriceRangeOfOutstandingOptions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ExercisePriceRangeOfOutstandingOptions_doc" xml:lang="en-US">For Entite of exercise price range of outstanding options.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AveragePriceOfOutstandingOptions" xlink:to="irsa_AveragePriceOfOutstandingOptions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AveragePriceOfOutstandingOptions_doc" xml:lang="en-US">For Entite average price of outstanding oprtion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AmountOfOutstandingOptions" xlink:to="irsa_AmountOfOutstandingOptions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AmountOfOutstandingOptions_doc" xml:lang="en-US">The amount of outstanding options.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_AverageRemainingUsefulLife" xlink:to="irsa_AverageRemainingUsefulLife_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_AverageRemainingUsefulLife_doc" xml:lang="en-US">For entite of average remaining useful life.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_SegmentReportingPolicyExplanatory" xlink:to="irsa_SegmentReportingPolicyExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_SegmentReportingPolicyExplanatory_doc" xml:lang="en-US">Disclosure of accounting policy for segment reporting.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfInvestmentPropertyOfTheGroup" xlink:to="irsa_ScheduleOfInvestmentPropertyOfTheGroup_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ScheduleOfInvestmentPropertyOfTheGroup_doc" xml:lang="en-US">The entire disclosure for investment property of the group.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfNetAssetsDisposedTextBlock" xlink:to="irsa_ScheduleOfNetAssetsDisposedTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ScheduleOfNetAssetsDisposedTextBlock_doc" xml:lang="en-US">The entire disclosure for net assets disposed.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonCurrentDeferredIncomeTaxAssets" xlink:to="irsa_NonCurrentDeferredIncomeTaxAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NonCurrentDeferredIncomeTaxAssets_doc" xml:lang="en-US">The amount of non current deferred income tax assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_NonCurrentDeferredIncomeTaxLiabilities" xlink:to="irsa_NonCurrentDeferredIncomeTaxLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_NonCurrentDeferredIncomeTaxLiabilities_doc" xml:lang="en-US">The amount of deferred income tax liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DepreciationCharges" xlink:to="irsa_DepreciationCharges_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DepreciationCharges_doc" xml:lang="en-US">The amount of depreciation charges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ReceivablePercent" xlink:to="irsa_ReceivablePercent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ReceivablePercent_doc" xml:lang="en-US">This element represents the amount of receivable percent.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TradeAndOtherReceivables2" xlink:to="irsa_TradeAndOtherReceivables2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_TradeAndOtherReceivables2_doc" xml:lang="en-US">Represents information related to trade and other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalizedContributions" xlink:to="irsa_CapitalizedContributions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CapitalizedContributions_doc" xml:lang="en-US">The amount of capitalized contributions during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ScheduleOfResultsWithRelatedPartiesExplanatory" xlink:to="irsa_ScheduleOfResultsWithRelatedPartiesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ScheduleOfResultsWithRelatedPartiesExplanatory_doc" xml:lang="en-US">The entire disclosure for results with related parties explanatory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_DecreaseInQuotedProcesOfEquitySecuritiesAndInDerivativeFinancialInstrumentsPortfolioMember" xlink:to="irsa_DecreaseInQuotedProcesOfEquitySecuritiesAndInDerivativeFinancialInstrumentsPortfolioMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_DecreaseInQuotedProcesOfEquitySecuritiesAndInDerivativeFinancialInstrumentsPortfolioMember_doc" xml:lang="en-US">The member represent derivative financial instruments portfolio.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_Deconsolidation4" xlink:to="irsa_Deconsolidation4_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_Deconsolidation4_doc" xml:lang="en-US">The amount refer to deconsolidation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_RangeOfValuationModelsWithDerivatives" xlink:to="irsa_RangeOfValuationModelsWithDerivatives_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_RangeOfValuationModelsWithDerivatives_doc" xml:lang="en-US">The information represent the range of valuation models with derivatives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CapitalizedFinanceCosts1" xlink:to="irsa_CapitalizedFinanceCosts1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_CapitalizedFinanceCosts1_doc" xml:lang="en-US">The amount refer to capitalized finance cost.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_ShareholderMember" xlink:to="irsa_ShareholderMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_ShareholderMember_doc" xml:lang="en-US">The member represent the shareholder of the company.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PercentageOfSaleOfShareCapital" xlink:to="irsa_PercentageOfSaleOfShareCapital_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_PercentageOfSaleOfShareCapital_doc" xml:lang="en-US">The percentage of sale of share capital of the company.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member" xlink:to="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member_doc" xml:lang="en-US">This member stands for unconsolidated subsidiaries controlled by subsidiaries of the investment entity. [Refer: Disclosure of investment entities [text block]; Subsidiaries [member]]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member" xlink:to="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member_doc" xml:lang="en-US">This member stands for unconsolidated subsidiaries controlled by subsidiaries of the investment entity. [Refer: Disclosure of investment entities [text block]; Subsidiaries [member]]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member" xlink:to="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member_doc" xml:lang="en-US">This member stands for unconsolidated subsidiaries controlled by subsidiaries of the investment entity. [Refer: Disclosure of investment entities [text block]; Subsidiaries [member]]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity4Member_doc" xml:lang="en-US">This member stands for unconsolidated subsidiaries controlled by subsidiaries of the investment entity. [Refer: Disclosure of investment entities [text block]; Subsidiaries [member]]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestRateRiskMember_2_lbl" xml:lang="en-US">Interest rate risk [member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_OthersMember" xlink:to="irsa_OthersMember_3_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_PropertiesUnderDevelopmentMember" xlink:to="irsa_PropertiesUnderDevelopmentMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_PropertiesUnderDevelopmentMember_3_lbl" xml:lang="en-US">PropertiesUnderDevelopmentMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_IL" xlink:to="country_IL_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_IL_2_lbl" xml:lang="en-US">ISRAEL [Default Label]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_2_lbl" xml:lang="en-US">Later than three years and not later than four years [member]</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_BorrowingsSERIESN2Member" xlink:to="irsa_BorrowingsSERIESN2Member_3_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:to="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_2_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InventoryRecognisedAsOfAcquisitionDate_2_lbl" xml:lang="en-US">Inventory recognised as of acquisition date</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FairValueOfAcquiredReceivables_2_lbl" xml:lang="en-US">Fair value of acquired receivables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_2_lbl" xml:lang="en-US">Cash and cash equivalents recognised as of acquisition date</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate" xlink:to="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate_3_lbl" xml:lang="en-US">Trade and other payables recognised as of acquisition date</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate_3_lbl" xml:lang="en-US">EmployeeBenefitsRecognisedAsOfAcquisitionDate</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed_3_lbl" xml:lang="en-US">AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_2_lbl" xml:lang="en-US">Gross financial liabilities set off against financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherReceivables_2_lbl" xml:lang="en-US">Other receivables</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentTradeReceivables_2_lbl" xml:lang="en-US">Non-current trade receivables</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_LeaseAndRightsOfUse" xlink:to="irsa_LeaseAndRightsOfUse_3_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_CorporateServicesExpense" xlink:to="irsa_CorporateServicesExpense_3_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_LegalService_3_lbl" xml:lang="en-US">LegalService</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="irsa_TotalParentCompany1" xlink:to="irsa_TotalParentCompany1_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="irsa_TotalParentCompany1_3_lbl" xml:lang="en-US">TotalParentCompany1</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_HedgingInstrumentLiabilities" xlink:to="ifrs-full_HedgingInstrumentLiabilities_2_lbl" xlink:type="arc" />
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>irsa-20180630_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
<XBRL>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6888408816">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Jun. 30, 2018 </div>
<div>shares</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DocumentAndEntityInformationAbstract', window );"><strong>Document And Entity Information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">IRSA INVESTMENTS & REPRESENTATIONS INC<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000933267<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">20-F<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">IRSA<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jun. 30,  2018<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--06-30<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Entity a Well-known Seasoned Issuer</a></td>
<td class="text">No<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Entity's Reporting Status Current</a></td>
<td class="text">Yes<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Entity a Voluntary Filer</a></td>
<td class="text">Yes<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityShellCompany', window );">Entity Shell Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Accelerated Filer<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">FY<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2018<span></span>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>If the value is true, then the document is an amendment to previously-filed/accepted document.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
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<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td>xbrli:gMonthDayItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Data Type:</strong></td>
<td>dei:fiscalPeriodItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
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<td><strong> Balance Type:</strong></td>
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<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
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<tr>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCurrentReportingStatus</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
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<td>dei_</td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated), (5) Smaller Reporting Accelerated Filer or (6) Smaller Reporting Company and Large Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFilerCategory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:filerCategoryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityShellCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if company meets the shell company criteria: a company with no or nominal operations, and with no or nominal assets or assets consisting solely of cash and cash equivalents.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityShellCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityVoluntaryFilers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityVoluntaryFilers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityWellKnownSeasonedIssuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityWellKnownSeasonedIssuer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DocumentAndEntityInformationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DocumentAndEntityInformationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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</body>
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<DOCUMENT>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6889435024">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statements of Financial Position - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Investment properties</a></td>
<td class="nump">$ 162,726<span></span>
</td>
<td class="nump">$ 99,953<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">13,403<span></span>
</td>
<td class="nump">27,113<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingProperties', window );">Trading properties</a></td>
<td class="nump">6,018<span></span>
</td>
<td class="nump">4,532<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Intangible assets</a></td>
<td class="nump">12,297<span></span>
</td>
<td class="nump">12,387<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherAssets', window );">Other assets</a></td>
<td class="nump">189<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investments in associates and joint ventures</a></td>
<td class="nump">24,650<span></span>
</td>
<td class="nump">7,885<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Deferred income tax assets</a></td>
<td class="nump">380<span></span>
</td>
<td class="nump">285<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxCredit', window );">Income tax and MPIT credit</a></td>
<td class="nump">415<span></span>
</td>
<td class="nump">145<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents', window );">Restricted assets</a></td>
<td class="nump">2,044<span></span>
</td>
<td class="nump">448<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivables', window );">Trade and other receivables</a></td>
<td class="nump">8,142<span></span>
</td>
<td class="nump">4,974<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentFinancialAssets', window );">Investments in financial assets</a></td>
<td class="nump">1,703<span></span>
</td>
<td class="nump">1,772<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsHeldForSale', window );">Financial assets held for sale</a></td>
<td class="nump">7,788<span></span>
</td>
<td class="nump">6,225<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialAssets', window );">Derivative financial instruments</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">31<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">239,755<span></span>
</td>
<td class="nump">165,750<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherPropertyPlantAndEquipment', window );">Trading properties</a></td>
<td class="nump">3,232<span></span>
</td>
<td class="nump">1,249<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="nump">630<span></span>
</td>
<td class="nump">4,260<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentRestrictedCashAndCashEquivalents', window );">Restricted assets</a></td>
<td class="nump">4,245<span></span>
</td>
<td class="nump">506<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxAssetsCurrent', window );">Income tax and MPIT credit</a></td>
<td class="nump">399<span></span>
</td>
<td class="nump">339<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners', window );">Group of assets held for sale</a></td>
<td class="nump">5,192<span></span>
</td>
<td class="nump">2,681<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Trade and other receivables</a></td>
<td class="nump">14,947<span></span>
</td>
<td class="nump">17,264<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentFinancialAssets', window );">Investments in financial assets</a></td>
<td class="nump">25,503<span></span>
</td>
<td class="nump">11,951<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAvailableforsale', window );">Financial assets held for sale</a></td>
<td class="nump">4,466<span></span>
</td>
<td class="nump">2,337<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDerivativeFinancialAssets', window );">Derivative financial instruments</a></td>
<td class="nump">87<span></span>
</td>
<td class="nump">51<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">37,317<span></span>
</td>
<td class="nump">24,854<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">96,018<span></span>
</td>
<td class="nump">65,492<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="nump">335,773<span></span>
</td>
<td class="nump">231,242<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>SHAREHOLDERS' EQUITY</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAttributableToOwnersOfParent', window );">Shareholders' equity attributable to equity holders of the parent (according to corresponding statement)</a></td>
<td class="nump">37,421<span></span>
</td>
<td class="nump">25,864<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="nump">37,120<span></span>
</td>
<td class="nump">21,472<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">TOTAL SHAREHOLDERS' EQUITY</a></td>
<td class="nump">74,541<span></span>
</td>
<td class="nump">47,336<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Borrowings</a></td>
<td class="nump">181,046<span></span>
</td>
<td class="nump">109,489<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Deferred income tax liabilities</a></td>
<td class="nump">26,197<span></span>
</td>
<td class="nump">23,024<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayables', window );">Trade and other payables</a></td>
<td class="nump">3,484<span></span>
</td>
<td class="nump">3,040<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisions', window );">Provisions</a></td>
<td class="nump">3,549<span></span>
</td>
<td class="nump">943<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits', window );">Employee benefits</a></td>
<td class="nump">110<span></span>
</td>
<td class="nump">763<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentFinancialLiabilities', window );">Derivative financial instruments</a></td>
<td class="nump">24<span></span>
</td>
<td class="nump">86<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SalariesAndSocialSecurityLiabilities', window );">Salaries and social security liabilities</a></td>
<td class="nump">66<span></span>
</td>
<td class="nump">127<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="nump">214,476<span></span>
</td>
<td class="nump">137,472<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade and other payables</a></td>
<td class="nump">14,617<span></span>
</td>
<td class="nump">20,839<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermBorrowings', window );">Borrowings</a></td>
<td class="nump">25,587<span></span>
</td>
<td class="nump">19,926<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentProvisions', window );">Provisions</a></td>
<td class="nump">1,053<span></span>
</td>
<td class="nump">890<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale', window );">Group of liabilities held for sale</a></td>
<td class="nump">3,243<span></span>
</td>
<td class="nump">1,855<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SalariesAndSocialSecurityLiabilitiesCurrent', window );">Salaries and social security liabilities</a></td>
<td class="nump">1,553<span></span>
</td>
<td class="nump">2,041<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilitiesCurrent', window );">Income tax and MPIT liabilities</a></td>
<td class="nump">522<span></span>
</td>
<td class="nump">797<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentFinancialLiabilities', window );">Derivative financial instruments</a></td>
<td class="nump">181<span></span>
</td>
<td class="nump">86<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">46,756<span></span>
</td>
<td class="nump">46,434<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">TOTAL LIABILITIES</a></td>
<td class="nump">261,232<span></span>
</td>
<td class="nump">183,906<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES</a></td>
<td class="nump">$ 335,773<span></span>
</td>
<td class="nump">$ 231,242<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of resources: (a) controlled by the entity as a result of past events; and (b) from which future economic benefits are expected to flow to the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners. [Refer: Current assets; Disposal groups classified as held for sale [member]; Non-current assets or disposal groups classified as held for sale; Non-current assets or disposal groups classified as held for distribution to owners]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDerivativeFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current derivative financial assets. [Refer: Derivative financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDerivativeFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialAssetsAvailableforsale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial assets available-for-sale. [Refer: Financial assets available-for-sale; Current financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 8<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2017-03-02&amp;anchor=para_8_d&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialAssetsAvailableforsale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provisions. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph l<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentRestrictedCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentRestrictedCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxAssetsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of current tax assets. [Refer: Current tax assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxAssetsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxLiabilitiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of current tax liabilities. [Refer: Current tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxLiabilitiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 56<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes payable in future periods in respect of taxable temporary differences. [Refer: Temporary differences [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 56<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of equity attributable to the owners of the parent. This specifically excludes non-controlling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph r<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_r&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Goodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognised. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B67<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B67_d&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2018-01-01<br> -Paragraph 134<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=36&amp;date=2018-03-01&amp;anchor=para_134_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2018-01-01<br> -Paragraph 135<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=36&amp;date=2018-03-01&amp;anchor=para_135_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Goodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Inventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2018-01-01<br> -Paragraph 36<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=2&amp;date=2018-03-01&amp;anchor=para_36_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Inventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2019-01-01: The amount of property (land or a building - or part of a building - or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both, rather than for: (a) use in the production or supply of goods or services or for administrative purposes; or (b) sale in the ordinary course of business.
Effective 2019-01-01: The amount of property (land or a building - or part of a building - or both) held (by the owner or by the lessee as a right-of-use asset) to earn rentals or for capital appreciation or both, rather than for: (a) use in the production or supply of goods or services or for administrative purposes; or (b) sale in the ordinary course of business.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 76<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_76&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_79_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of present obligations of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities included in disposal groups classified as held for sale. [Refer: Liabilities; Disposal groups classified as held for sale [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 38<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_38&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph p<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_p&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 12<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_12_f&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph q<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_q&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 10<br> -IssueDate 2018-01-01<br> -Paragraph 22<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=10&amp;date=2018-03-01&amp;anchor=para_22&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentDerivativeFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current derivative financial assets. [Refer: Derivative financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentDerivativeFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade payables and non-current other payables. [Refer: Other non-current payables; Non-current trade payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph l<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade receivables and non-current other receivables. [Refer: Non-current trade receivables; Other non-current receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentRestrictedCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial assets that the entity does not separately disclose in the same statement or note. [Refer: Other financial assets; Current financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial liabilities that the entity does not separately disclose in the same statement or note. [Refer: Other financial liabilities; Current financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B13<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B13_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph m<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_m&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial assets that the entity does not separately disclose in the same statement or note. [Refer: Other financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial liabilities that the entity does not separately disclose in the same statement or note. [Refer: Other financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B13<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B13_c&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph m<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_m&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of property, plant and equipment that the entity does not separately disclose in the same statement or note. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 37<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade payables and current other payables. [Refer: Current trade payables; Other current payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables and current other receivables. [Refer: Current trade receivables; Other current receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialAssetsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialAssetsHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxCredit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of Income Tax or and Minimum Presumed Income Tax MPIT Credit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxCredit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SalariesAndSocialSecurityLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of salaries and social security liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SalariesAndSocialSecurityLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SalariesAndSocialSecurityLiabilitiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to amount of salaries and social security liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SalariesAndSocialSecurityLiabilitiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradingProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of property for Trading in Properties.&amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;#160;</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradingProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>R3.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6889359680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Income and Other Comprehensive Income - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeStatementAbstract', window );"><strong>Profit or loss [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">$ 33,088<span></span>
</td>
<td class="nump">$ 27,004<span></span>
</td>
<td class="nump">$ 12,916<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Costs</a></td>
<td class="num">(19,629)<span></span>
</td>
<td class="num">(16,033)<span></span>
</td>
<td class="num">(7,036)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">13,459<span></span>
</td>
<td class="nump">10,971<span></span>
</td>
<td class="nump">5,880<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="nump">22,605<span></span>
</td>
<td class="nump">4,340<span></span>
</td>
<td class="nump">17,536<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(3,869)<span></span>
</td>
<td class="num">(3,219)<span></span>
</td>
<td class="num">(1,639)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(4,663)<span></span>
</td>
<td class="num">(4,007)<span></span>
</td>
<td class="num">(1,842)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="nump">582<span></span>
</td>
<td class="num">(206)<span></span>
</td>
<td class="num">(32)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">28,114<span></span>
</td>
<td class="nump">7,879<span></span>
</td>
<td class="nump">19,903<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit of associates and joint ventures</a></td>
<td class="num">(721)<span></span>
</td>
<td class="nump">109<span></span>
</td>
<td class="nump">508<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax', window );">Profit before financial results and income tax</a></td>
<td class="nump">27,393<span></span>
</td>
<td class="nump">7,988<span></span>
</td>
<td class="nump">20,411<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncome', window );">Finance income</a></td>
<td class="nump">1,761<span></span>
</td>
<td class="nump">937<span></span>
</td>
<td class="nump">1,264<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceCosts', window );">Finance costs</a></td>
<td class="num">(21,058)<span></span>
</td>
<td class="num">(8,072)<span></span>
</td>
<td class="num">(5,571)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherFinanceIncomeCost', window );">Other financial results</a></td>
<td class="nump">596<span></span>
</td>
<td class="nump">3,040<span></span>
</td>
<td class="num">(518)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial results, net</a></td>
<td class="num">(18,701)<span></span>
</td>
<td class="num">(4,095)<span></span>
</td>
<td class="num">(4,825)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit before income tax</a></td>
<td class="nump">8,692<span></span>
</td>
<td class="nump">3,893<span></span>
</td>
<td class="nump">15,586<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax</a></td>
<td class="nump">124<span></span>
</td>
<td class="num">(2,766)<span></span>
</td>
<td class="num">(6,325)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit for the year from continuing operations</a></td>
<td class="nump">8,816<span></span>
</td>
<td class="nump">1,127<span></span>
</td>
<td class="nump">9,261<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Profit for the year from discontinued operations</a></td>
<td class="nump">12,479<span></span>
</td>
<td class="nump">4,093<span></span>
</td>
<td class="nump">817<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit for the year</a></td>
<td class="nump">21,295<span></span>
</td>
<td class="nump">5,220<span></span>
</td>
<td class="nump">10,078<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract', window );"><strong>Items that may be reclassified subsequently to profit or loss:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax', window );">Currency translation adjustment</a></td>
<td class="nump">12,689<span></span>
</td>
<td class="nump">1,919<span></span>
</td>
<td class="nump">4,531<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of other comprehensive income of associates and joint ventures</a></td>
<td class="nump">922<span></span>
</td>
<td class="nump">1,920<span></span>
</td>
<td class="num">(178)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RevaluationSurplus1', window );">Revaluation surplus</a></td>
<td class="nump">99<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments', window );">Change in the fair value of Hedging instruments net of income taxes</a></td>
<td class="num">(19)<span></span>
</td>
<td class="nump">124<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract', window );"><strong>Items that may not be reclassified subsequently to profit or loss, net of income tax:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Actuarial profit from defined benefit plans</a></td>
<td class="num">(12)<span></span>
</td>
<td class="num">(10)<span></span>
</td>
<td class="num">(10)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherComprehensiveIncomeFromContinuingOperations', window );">Other comprehensive income for the year from continuing operations</a></td>
<td class="nump">13,679<span></span>
</td>
<td class="nump">3,953<span></span>
</td>
<td class="nump">4,346<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherComprehensiveIncomeFromDiscontinuedOperations', window );">Other comprehensive income for the year from discontinued operations</a></td>
<td class="nump">435<span></span>
</td>
<td class="nump">560<span></span>
</td>
<td class="num">(213)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Total other comprehensive income for the year</a></td>
<td class="nump">14,114<span></span>
</td>
<td class="nump">4,513<span></span>
</td>
<td class="nump">4,133<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income for the year</a></td>
<td class="nump">35,409<span></span>
</td>
<td class="nump">9,733<span></span>
</td>
<td class="nump">14,211<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeFromContinuingOperations', window );">Total comprehensive income from continuing operations</a></td>
<td class="nump">22,495<span></span>
</td>
<td class="nump">5,080<span></span>
</td>
<td class="nump">13,607<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeFromDiscontinuingOperations', window );">Total comprehensive income from discontinued operations</a></td>
<td class="nump">12,914<span></span>
</td>
<td class="nump">4,653<span></span>
</td>
<td class="nump">604<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income for the year</a></td>
<td class="nump">35,409<span></span>
</td>
<td class="nump">9,733<span></span>
</td>
<td class="nump">14,211<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToAbstract', window );"><strong>Profit for the year attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Equity holders of the parent</a></td>
<td class="nump">15,003<span></span>
</td>
<td class="nump">3,030<span></span>
</td>
<td class="nump">9,534<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="nump">6,292<span></span>
</td>
<td class="nump">2,190<span></span>
</td>
<td class="nump">544<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossFromContinuingOperationsAttributableToAbstract', window );"><strong>Profit / (loss) from continuing operations attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent', window );">Equity holders of the parent</a></td>
<td class="nump">5,278<span></span>
</td>
<td class="nump">1,383<span></span>
</td>
<td class="nump">9,196<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="nump">3,538<span></span>
</td>
<td class="num">(256)<span></span>
</td>
<td class="nump">65<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract', window );"><strong>Total comprehensive income attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent', window );">Equity holders of the parent</a></td>
<td class="nump">15,532<span></span>
</td>
<td class="nump">4,054<span></span>
</td>
<td class="nump">9,605<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="nump">19,877<span></span>
</td>
<td class="nump">5,679<span></span>
</td>
<td class="nump">4,606<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToAbstract', window );"><strong>Total comprehensive income from continuing operations attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1', window );">Equity holders of the parent</a></td>
<td class="nump">5,338<span></span>
</td>
<td class="nump">1,977<span></span>
</td>
<td class="nump">9,356<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1', window );">Non-controlling interest</a></td>
<td class="nump">$ 17,157<span></span>
</td>
<td class="nump">$ 3,103<span></span>
</td>
<td class="nump">$ 4,251<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EarningsPerShareAbstract', window );"><strong>Profit per share attributable to equity holders of the parent:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">Basic (in pesos per share)</a></td>
<td class="nump">$ 26.09<span></span>
</td>
<td class="nump">$ 5.27<span></span>
</td>
<td class="nump">$ 16.58<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">Diluted (in pesos per share)</a></td>
<td class="nump">25.91<span></span>
</td>
<td class="nump">5.23<span></span>
</td>
<td class="nump">16.47<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitFromContinuingOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract', window );"><strong>Profit per share from continuing operations attributable to equity holders of the parent:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations', window );">Basic (in pesos per share)</a></td>
<td class="nump">9.18<span></span>
</td>
<td class="nump">2.41<span></span>
</td>
<td class="nump">15.99<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations', window );">Diluted (in pesos per share)</a></td>
<td class="nump">$ 9.12<span></span>
</td>
<td class="nump">$ 2.39<span></span>
</td>
<td class="nump">$ 15.88<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Basic earnings (loss) per share from continuing operations. [Refer: Basic earnings (loss) per share; Continuing operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShareFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to non-controlling interests. [Refer: Comprehensive income; Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81B_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to owners of the parent. [Refer: Comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81B_b_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs relating to expenses directly or indirectly attributed to the goods or services sold, which may include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, unallocated production overheads and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Diluted earnings (loss) per share from continuing operations. [Refer: Continuing operations [member]; Diluted earnings (loss) per share]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs associated with financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income or cost associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeStatementAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeStatementAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2018-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=26&amp;date=2018-03-01&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income and expense (including reclassification adjustments) that is not recognised in profit or loss as required or permitted by IFRSs. [Refer: IFRSs [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to gains (losses) on hedging instruments that hedge investments in equity instruments that the entity has designated at fair value through other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to gains (losses) on remeasurements of defined benefit plans, which comprise actuarial gains and losses; the return on plan assets, excluding amounts included in net interest on the net defined benefit liability (asset); and any change in the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability (asset). [Refer: Other comprehensive income; Defined benefit plans [member]; Plan assets [member]; Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherFinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of finance income or cost that the entity does not separately disclose in the same statement or note. [Refer: Finance income (cost)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherFinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39L_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=17&amp;date=2018-03-01&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 12<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_12_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81B_a_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations. [Refer: Continuing operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_vi&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from discontinued operations. [Refer: Discontinued operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_vii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph ea<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_ea&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 98<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_98_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from operating activities of the entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2018-01-01<br> -Paragraph IE33<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=32&amp;date=2018-03-01&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reclassification adjustments related to exchange differences when the financial statements of foreign operations are translated, net of tax. Reclassification adjustments are amounts reclassified to profit (loss) in the current period that were recognised in other comprehensive income in the current or previous periods. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2018-01-01<br> -Paragraph 48<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=21&amp;date=2018-03-01&amp;anchor=para_48&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 92<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_92&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in an increase in equity, other than those relating to contributions from equity participants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SellingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to selling activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SellingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the other comprehensive income of associates and joint ventures accounted for using the equity method, net of tax. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39M<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39M_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B16<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B16_c&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39M<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39M_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ComprehensiveIncomeFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of comprehensive income fron continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ComprehensiveIncomeFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of comprehensive income from continuing operations attributable to noncontrolling interests.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of comprehensive income from continuing operations attributable to noncontrolling interests.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToNoncontrollingInterests1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of comprehensive income from continuing operations attributable to owners of parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of comprehensive income from continuing operations attributable to owners of parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ComprehensiveIncomeFromContinuingOperationsAttributableToOwnersOfParent1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ComprehensiveIncomeFromDiscontinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of comprehensive income from discontinuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ComprehensiveIncomeFromDiscontinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of net gain from fair value adjustments of investment properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherComprehensiveIncomeFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of other comprehensive income from countinuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherComprehensiveIncomeFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherComprehensiveIncomeFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of other comprehensive income from discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherComprehensiveIncomeFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProfitFromContinuingOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProfitFromContinuingOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of a profit from operations before financial result and income tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProfitFromOperationsBeforeFinancialResultsAndIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProfitLossFromContinuingOperationsAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProfitLossFromContinuingOperationsAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RevaluationSurplus1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The revaluation surplus amount classfied as in other comprehensive income that will be reclassified to profit or loss, net of tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RevaluationSurplus1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6894210288">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statements of Changes in Shareholders' Equity - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Share Capital [Member]</div></th>
<th class="th"><div>Treasury Shares [Member]</div></th>
<th class="th"><div>Inflation Adjustment of Share Capital and Treasury Shares [Member]</div></th>
<th class="th"><sup>[1]</sup></th>
<th class="th"><div>Share Premium [Member]</div></th>
<th class="th"><div>Additional Paid-in Capital from Treasury Shares [Member]</div></th>
<th class="th"><div>Legal Reserves [Member]</div></th>
<th class="th"><div>CNV 609/12 Resolution Special Reserve [Member]</div></th>
<th class="th"><sup>[2]</sup></th>
<th class="th"><div>Cost of Treasury Shares [Member]</div></th>
<th class="th"><div>Changes in Non-Controlling Interest [Member]</div></th>
<th class="th"><div>Reserve for Share-Based Payments [Member]</div></th>
<th class="th"><div>Reserve for Future Dividends [Member]</div></th>
<th class="th"><div>Cumulative Translation Adjustment Reserve [Member]</div></th>
<th class="th"><div>Hedging Instruments [Member]</div></th>
<th class="th"><div>Revaluation Surplus [Member]</div></th>
<th class="th"><div>Special Reserve [Member]</div></th>
<th class="th"><div>Reserve for Defined Contribution Plans [Member]</div></th>
<th class="th"><div>Other Reserves from Subsidiaries [Member]</div></th>
<th class="th"><div>Other Reserves [Member]</div></th>
<th class="th"><div>(Accumulated deficit)/Retained Earnings [Member]</div></th>
<th class="th"><div>Subtotal [Member]</div></th>
<th class="th"><div>Non-controlling Interests [Member]</div></th>
<th class="th"><div>Total</div></th>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Beginning balance at Jun. 30, 2015</a></td>
<td class="nump">$ 574<span></span>
</td>
<td class="nump">$ 5<span></span>
</td>
<td colspan="2" class="nump">$ 123<span></span>
</td>
<td class="nump">$ 793<span></span>
</td>
<td class="nump">$ 7<span></span>
</td>
<td class="nump">$ 117<span></span>
</td>
<td colspan="2" class="nump">$ 2,755<span></span>
</td>
<td class="num">$ (34)<span></span>
</td>
<td class="nump">$ 4<span></span>
</td>
<td class="nump">$ 64<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 394<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 428<span></span>
</td>
<td class="nump">$ 7,235<span></span>
</td>
<td class="nump">$ 12,037<span></span>
</td>
<td class="nump">$ 943<span></span>
</td>
<td class="nump">$ 12,980<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInEquityAbstract', window );"><strong>Changes In Equity [Roll Forward]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">9,534<span></span>
</td>
<td class="nump">9,534<span></span>
</td>
<td class="nump">544<span></span>
</td>
<td class="nump">10,078<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income for the year</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">118<span></span>
</td>
<td class="num">(37)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(10)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">71<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">71<span></span>
</td>
<td class="nump">4,062<span></span>
</td>
<td class="nump">4,133<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income for the year</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">118<span></span>
</td>
<td class="num">(37)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(10)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">71<span></span>
</td>
<td class="nump">9,534<span></span>
</td>
<td class="nump">9,605<span></span>
</td>
<td class="nump">4,606<span></span>
</td>
<td class="nump">14,211<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary', window );">Incorporated by business combination</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">8,630<span></span>
</td>
<td class="nump">8,630<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination', window );">Cumulative translation adjustment for interest held before business combination</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(91)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(91)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(91)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(91)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries', window );">Share of changes in subsidiaries' equity</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">37<span></span>
</td>
<td class="nump">37<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">37<span></span>
</td>
<td class="nump">51<span></span>
</td>
<td class="nump">88<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings', window );">Appropriation of retained earnings approved by Shareholders meeting held</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">520<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">520<span></span>
</td>
<td class="num">(520)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForSharebasedPayments', window );">Reserve for share-based compensation</a></td>
<td class="nump">1<span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">9<span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">8<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">17<span></span>
</td>
<td class="nump">34<span></span>
</td>
<td class="nump">51<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReductionOfIssuedCapital', window );">Capital reduction of subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaid', window );">Dividends distribution</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(615)<span></span>
</td>
<td class="num">(615)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesInNoncontrollingInterest', window );">Changes in non-controlling interest</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">17<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">17<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">17<span></span>
</td>
<td class="nump">568<span></span>
</td>
<td class="nump">585<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity', window );">Capital contribution from non-controlling interest</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">11<span></span>
</td>
<td class="nump">11<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReimbursementOfExpiredDividends', window );">Dividends reimbursement</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Jun. 30, 2016</a></td>
<td class="nump">575<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td colspan="2" class="nump">123<span></span>
</td>
<td class="nump">793<span></span>
</td>
<td class="nump">16<span></span>
</td>
<td class="nump">117<span></span>
</td>
<td colspan="2" class="nump">2,755<span></span>
</td>
<td class="num">(29)<span></span>
</td>
<td class="nump">21<span></span>
</td>
<td class="nump">67<span></span>
</td>
<td class="nump">520<span></span>
</td>
<td class="nump">421<span></span>
</td>
<td class="num">(37)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(10)<span></span>
</td>
<td class="nump">37<span></span>
</td>
<td class="nump">990<span></span>
</td>
<td class="nump">16,259<span></span>
</td>
<td class="nump">21,632<span></span>
</td>
<td class="nump">14,224<span></span>
</td>
<td class="nump">35,856<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInEquityAbstract', window );"><strong>Changes In Equity [Roll Forward]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">3,030<span></span>
</td>
<td class="nump">3,030<span></span>
</td>
<td class="nump">2,190<span></span>
</td>
<td class="nump">5,220<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income for the year</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">973<span></span>
</td>
<td class="nump">56<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,024<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,024<span></span>
</td>
<td class="nump">3,489<span></span>
</td>
<td class="nump">4,513<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income for the year</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">973<span></span>
</td>
<td class="nump">56<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,024<span></span>
</td>
<td class="nump">3,030<span></span>
</td>
<td class="nump">4,054<span></span>
</td>
<td class="nump">5,679<span></span>
</td>
<td class="nump">9,733<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OutOfPeriodAdjustments', window );">Out-of-period adjustments</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(133)<span></span>
</td>
<td class="num">(133)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary', window );">Incorporated by business combination</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">40<span></span>
</td>
<td class="nump">40<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners', window );">Irrevocable contributions</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalizedContributions', window );">Capitalization of contributions at subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Issuance of capital of subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">2,267<span></span>
</td>
<td class="nump">2,267<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings', window );">Appropriation of retained earnings approved by Shareholders meeting held</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">26<span></span>
</td>
<td colspan="2" class="num">(4)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(26)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(26)<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForSharebasedPayments', window );">Reserve for share-based compensation</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">11<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">12<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">13<span></span>
</td>
<td class="nump">87<span></span>
</td>
<td class="nump">100<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReductionOfIssuedCapital', window );">Capital reduction of subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(6)<span></span>
</td>
<td class="num">(6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaid', window );">Dividends distribution</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(2,232)<span></span>
</td>
<td class="num">(2,232)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesInNoncontrollingInterest', window );">Changes in non-controlling interest</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">165<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">165<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">165<span></span>
</td>
<td class="nump">1,545<span></span>
</td>
<td class="nump">1,710<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Jun. 30, 2017</a></td>
<td class="nump">575<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td colspan="2" class="nump">123<span></span>
</td>
<td class="nump">793<span></span>
</td>
<td class="nump">17<span></span>
</td>
<td class="nump">143<span></span>
</td>
<td colspan="2" class="nump">2,751<span></span>
</td>
<td class="num">(28)<span></span>
</td>
<td class="nump">186<span></span>
</td>
<td class="nump">78<span></span>
</td>
<td class="nump">494<span></span>
</td>
<td class="nump">1,394<span></span>
</td>
<td class="nump">19<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(15)<span></span>
</td>
<td class="nump">37<span></span>
</td>
<td class="nump">2,165<span></span>
</td>
<td class="nump">19,293<span></span>
</td>
<td class="nump">25,864<span></span>
</td>
<td class="nump">21,472<span></span>
</td>
<td class="nump">47,336<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInEquityAbstract', window );"><strong>Changes In Equity [Roll Forward]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td colspan="2" class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">15,003<span></span>
</td>
<td class="nump">15,003<span></span>
</td>
<td class="nump">6,292<span></span>
</td>
<td class="nump">21,295<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income for the year</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">566<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="nump">45<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(77)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">529<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">529<span></span>
</td>
<td class="nump">13,585<span></span>
</td>
<td class="nump">14,114<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income for the year</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">566<span></span>
</td>
<td class="num">(5)<span></span>
</td>
<td class="nump">45<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(77)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">529<span></span>
</td>
<td class="nump">15,003<span></span>
</td>
<td class="nump">15,532<span></span>
</td>
<td class="nump">19,877<span></span>
</td>
<td class="nump">35,409<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners', window );">Irrevocable contributions</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalizedContributions', window );">Capitalization of contributions at subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">7<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings', window );">Appropriation of retained earnings approved by Shareholders meeting held</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">2,081<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">2,081<span></span>
</td>
<td class="num">(2,081)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions', window );">Share-based compensation</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">6<span></span>
</td>
<td class="nump">43<span></span>
</td>
<td class="nump">49<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaid', window );">Dividends distribution</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1,400)<span></span>
</td>
<td class="num">(1,400)<span></span>
</td>
<td class="num">(1,490)<span></span>
</td>
<td class="num">(2,890)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesInNoncontrollingInterest', window );">Changes in non-controlling interest</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(2,657)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(2,657)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(2,657)<span></span>
</td>
<td class="nump">4,545<span></span>
</td>
<td class="nump">1,888<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl', window );">Loss of control in subsidiary</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(11)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(11)<span></span>
</td>
<td class="nump">11<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(7,335)<span></span>
</td>
<td class="num">(7,335)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReimbursementOfExpiredDividends', window );">Dividends reimbursement</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td colspan="2" class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">76<span></span>
</td>
<td class="nump">76<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">76<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Jun. 30, 2018</a></td>
<td class="nump">$ 575<span></span>
</td>
<td class="nump">$ 4<span></span>
</td>
<td colspan="2" class="nump">$ 123<span></span>
</td>
<td class="nump">$ 793<span></span>
</td>
<td class="nump">$ 19<span></span>
</td>
<td class="nump">$ 143<span></span>
</td>
<td colspan="2" class="nump">$ 2,751<span></span>
</td>
<td class="num">$ (25)<span></span>
</td>
<td class="num">$ (2,471)<span></span>
</td>
<td class="nump">$ 79<span></span>
</td>
<td class="nump">$ 494<span></span>
</td>
<td class="nump">$ 1,960<span></span>
</td>
<td class="nump">$ 14<span></span>
</td>
<td class="nump">$ 45<span></span>
</td>
<td class="nump">$ 2,081<span></span>
</td>
<td class="num">$ (103)<span></span>
</td>
<td class="nump">$ 37<span></span>
</td>
<td class="nump">$ 2,111<span></span>
</td>
<td class="nump">$ 30,902<span></span>
</td>
<td class="nump">$ 37,421<span></span>
</td>
<td class="nump">$ 37,120<span></span>
</td>
<td class="nump">$ 74,541<span></span>
</td>
</tr>
<tr><td colspan="25"></td></tr>
<tr><td colspan="25"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Ps.1 of Inflation adjustment of treasury stock. See Note 16.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Related to CNV General Resolution N 609/12.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForSharebasedPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for share-based payments to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForSharebasedPayments</td>
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<td><strong> Period Type:</strong></td>
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</div></td></tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ChangesInEquityAbstract</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends recognised as distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 107<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_107&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from the acquisition of subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from the appropriation of retained earnings. [Refer: Retained earnings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the entity's equity resulting from the change in the equity of subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughChangeInEquityOfSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in equity through other contributions by owners that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughOtherContributionsByOwners</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from share-based payment transactions. [Refer: Equity]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity resulting from changes that the entity does not separately disclose in the same statement or note. [Refer: Equity]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssueOfEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in equity through the issue of equity instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssueOfEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income and expense (including reclassification adjustments) that is not recognised in profit or loss as required or permitted by IFRSs. [Refer: IFRSs [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39L_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=17&amp;date=2018-03-01&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReductionOfIssuedCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in equity resulting from a reduction in issued capital. [Refer: Issued capital]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReductionOfIssuedCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CapitalizedContributions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of capitalized contributions during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CapitalizedContributions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ChangesInNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of changes in non controlling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ChangesInNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of cumulative translation adjustment for interest held before business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CumulativeTranslationAdjustmentForInterestHeldBeforeBusinessCombination</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in equity through changes in ownership interests in subsidiaries that result in loss of control.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatResultInLossOfControl</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OutOfPeriodAdjustments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of out of period adjustments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OutOfPeriodAdjustments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReimbursementOfExpiredDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of reimbursement of expired dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReimbursementOfExpiredDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<head>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6890785280">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Cash Flows - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract', window );"><strong>Operating activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid', window );">Net cash generated from continuing operating activities before income tax paid</a></td>
<td class="nump">$ 11,176<span></span>
</td>
<td class="nump">$ 6,736<span></span>
</td>
<td class="nump">$ 4,015<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxAnDMPITPaid', window );">Income tax and MPIT paid</a></td>
<td class="num">(981)<span></span>
</td>
<td class="num">(957)<span></span>
</td>
<td class="num">(778)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations', window );">Net cash generated from continuing operating activities</a></td>
<td class="nump">10,195<span></span>
</td>
<td class="nump">5,779<span></span>
</td>
<td class="nump">3,237<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations', window );">Net cash generated from discontinued operating activities</a></td>
<td class="nump">4,144<span></span>
</td>
<td class="nump">3,280<span></span>
</td>
<td class="nump">889<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Net cash generated from operating activities</a></td>
<td class="nump">14,339<span></span>
</td>
<td class="nump">9,059<span></span>
</td>
<td class="nump">4,126<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract', window );"><strong>Investing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates', window );">Increase of interest in associates and joint ventures</a></td>
<td class="num">(209)<span></span>
</td>
<td class="num">(531)<span></span>
</td>
<td class="num">(207)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfInvestmentProperty', window );">Acquisition and improvements of investment properties</a></td>
<td class="num">(3,200)<span></span>
</td>
<td class="num">(2,751)<span></span>
</td>
<td class="num">(882)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities', window );">Advanced payments</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(7)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromSalesOfInvestmentProperty', window );">Proceeds from sales of investment properties</a></td>
<td class="nump">674<span></span>
</td>
<td class="nump">291<span></span>
</td>
<td class="nump">1,325<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Acquisitions and improvements of property, plant and equipment</a></td>
<td class="num">(1,877)<span></span>
</td>
<td class="num">(1,298)<span></span>
</td>
<td class="num">(477)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Proceeds from sales of property, plant and equipment</a></td>
<td class="nump">17<span></span>
</td>
<td class="nump">8<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Acquisitions of intangible assets</a></td>
<td class="num">(629)<span></span>
</td>
<td class="num">(370)<span></span>
</td>
<td class="num">(86)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities', window );">Acquisitions of subsidiaries, net of cash acquired</a></td>
<td class="num">(46)<span></span>
</td>
<td class="num">(46)<span></span>
</td>
<td class="nump">9,193<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities', window );">Net increase of restricted assets</a></td>
<td class="num">(3,065)<span></span>
</td>
<td class="num">(396)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures', window );">Dividends received from associates and joint ventures</a></td>
<td class="nump">301<span></span>
</td>
<td class="nump">216<span></span>
</td>
<td class="nump">14<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceivedClassifiedAsInvestingActivities', window );">Dividends received from financial assets</a></td>
<td class="nump">289<span></span>
</td>
<td class="nump">35<span></span>
</td>
<td class="nump">72<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates', window );">Proceeds from sales of interest held in associates and joint ventures</a></td>
<td class="nump">252<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities', window );">Proceeds from loans granted</a></td>
<td class="nump">612<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromSalesOfInterestsInAssociates', window );">Proceeds from associate liquidation</a></td>
<td class="nump">7<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities', window );">Acquisitions of investments in financial assets</a></td>
<td class="num">(21,999)<span></span>
</td>
<td class="num">(4,752)<span></span>
</td>
<td class="num">(11,895)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities', window );">Proceeds from investments in financial assets</a></td>
<td class="nump">20,526<span></span>
</td>
<td class="nump">4,569<span></span>
</td>
<td class="nump">11,951<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestReceivedClassifiedAsInvestingActivities', window );">Interest received from financial assets</a></td>
<td class="nump">463<span></span>
</td>
<td class="nump">212<span></span>
</td>
<td class="nump">102<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities', window );">Payment for acquisition of other assets</a></td>
<td class="num">(120)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAdvancesAndLoansMadeToRelatedParties', window );">Loans granted to related parties</a></td>
<td class="num">(348)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="num">(862)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LoandGranted', window );">Loans granted</a></td>
<td class="num">(102)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations', window );">Net cash (used in) generated from continuing investing activities</a></td>
<td class="num">(8,454)<span></span>
</td>
<td class="num">(4,817)<span></span>
</td>
<td class="nump">8,250<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations', window );">Net cash (used in) generated from discontinued investing activities</a></td>
<td class="num">(3,119)<span></span>
</td>
<td class="nump">2,749<span></span>
</td>
<td class="num">(27)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Net cash (used in) generated from in investing activities</a></td>
<td class="num">(11,573)<span></span>
</td>
<td class="num">(2,068)<span></span>
</td>
<td class="nump">8,223<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract', window );"><strong>Financing activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Borrowings and issuance of non-convertible notes</a></td>
<td class="nump">17,853<span></span>
</td>
<td class="nump">26,596<span></span>
</td>
<td class="nump">146,396<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Payment of borrowings and non-convertible notes</a></td>
<td class="num">(17,969)<span></span>
</td>
<td class="num">(17,780)<span></span>
</td>
<td class="num">(145,401)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ObtentionPaymentOfShortTermLoansNet', window );">Obtention / (payment) of short term loans, net</a></td>
<td class="nump">345<span></span>
</td>
<td class="num">(862)<span></span>
</td>
<td class="nump">752<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties', window );">Obtention of loans from related parties</a></td>
<td class="nump">4<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CashAdvancesAndLoansMadeToRelatedParties1', window );">Payment of borrowings to related parties</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(14)<span></span>
</td>
<td class="num">(6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPaidClassifiedAsFinancingActivities', window );">Interests paid</a></td>
<td class="num">(6,999)<span></span>
</td>
<td class="num">(5,326)<span></span>
</td>
<td class="num">(2,934)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceOfCapitalInSubsidiaries', window );">Issuance of capital from subsidiaries</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">857<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalDistributionToNonControllingInterestInSubsidiaries', window );">Capital distributions to non-controlling interest in subsidiaries</a></td>
<td class="num">(31)<span></span>
</td>
<td class="nump">73<span></span>
</td>
<td class="num">(184)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests', window );">Capital contributions of non-controlling interest in subsidiaries</a></td>
<td class="nump">1,347<span></span>
</td>
<td class="nump">202<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AcquisitionOfNonControllingInterestInSubsidiaries', window );">Acquisition of non-controlling interest in subsidiaries</a></td>
<td class="num">(612)<span></span>
</td>
<td class="num">(117)<span></span>
</td>
<td class="num">(802)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries', window );">Proceeds from sales of non-controlling interest in subsidiaries</a></td>
<td class="nump">2,507<span></span>
</td>
<td class="nump">2,528<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidClassifiedAsFinancingActivities', window );">Dividends paid</a></td>
<td class="num">(1,392)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceiptsFromClaims', window );">Receipts from claims</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">90<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidToNoncontrollingInterests', window );">Dividends paid to non-controlling interest in subsidiaries</a></td>
<td class="num">(1,259)<span></span>
</td>
<td class="num">(2,037)<span></span>
</td>
<td class="num">(106)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AcquisitionOfDerivativeFinancialInstruments', window );">Acquisition of derivative financial instruments</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(131)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProceedsFromDerivativeFinancialInstruments', window );">Proceeds net from derivative financial instruments, net</a></td>
<td class="nump">81<span></span>
</td>
<td class="nump">151<span></span>
</td>
<td class="nump">1,331<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations', window );">Net cash (used in) generated from continuing financing activities</a></td>
<td class="num">(6,125)<span></span>
</td>
<td class="nump">4,140<span></span>
</td>
<td class="num">(859)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations', window );">Net cash generated from (used in) discontinued financing activities</a></td>
<td class="nump">2,258<span></span>
</td>
<td class="num">(2,603)<span></span>
</td>
<td class="num">(3,109)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Net cash (used in) generated from financing activities</a></td>
<td class="num">(3,867)<span></span>
</td>
<td class="nump">1,537<span></span>
</td>
<td class="num">(3,968)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations', window );">Net (decrease) increase in cash and cash equivalents from continuing activities</a></td>
<td class="num">(4,384)<span></span>
</td>
<td class="nump">5,102<span></span>
</td>
<td class="nump">10,628<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations', window );">Net increase (decrease) in cash and cash equivalents from discontinued activities</a></td>
<td class="nump">3,283<span></span>
</td>
<td class="nump">3,426<span></span>
</td>
<td class="num">(2,247)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Net (decrease) increase in cash and cash equivalents</a></td>
<td class="num">(1,101)<span></span>
</td>
<td class="nump">8,528<span></span>
</td>
<td class="nump">8,381<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents at beginning of year</a></td>
<td class="nump">24,854<span></span>
</td>
<td class="nump">13,866<span></span>
</td>
<td class="nump">375<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale', window );">Net decrease in cash and cash equivalents reclassified to held for sale</a></td>
<td class="num">(347)<span></span>
</td>
<td class="num">(157)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ForeignExchangeGainOnCashAndCashEquivalents', window );">Foreign exchange gain on cash and changes in fair value of cash equivalents</a></td>
<td class="nump">13,911<span></span>
</td>
<td class="nump">2,617<span></span>
</td>
<td class="nump">5,110<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents at end of year</a></td>
<td class="nump">$ 37,317<span></span>
</td>
<td class="nump">$ 24,854<span></span>
</td>
<td class="nump">$ 13,866<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash advances and loans made to other parties (other than advances and loans made by a financial institution), classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAdvancesAndLoansMadeToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for loans and advances made to related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAdvancesAndLoansMadeToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash and cash equivalents that are classified as a part of a disposal group held for sale. [Refer: Cash and cash equivalents; Disposal groups classified as held for sale [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's financing activities, related to continuing operations. [Refer: Continuing operations [member]; Cash flows from (used in) financing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's financing activities, related to discontinued operations. [Refer: Discontinued operations [member]; Cash flows from (used in) financing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's investing activities, related to continuing operations. [Refer: Continuing operations [member]; Cash flows from (used in) investing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's investing activities, related to discontinued operations. [Refer: Discontinued operations [member]; Cash flows from (used in) investing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) operating activities, which are the principal revenue-producing activities of the entity and other activities that are not investing or financing activities. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's operating activities, related to continuing operations. [Refer: Continuing operations [member]; Cash flows from (used in) operating activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) the entity's operating activities, related to discontinued operations. [Refer: Discontinued operations [member]; Cash flows from (used in) operating activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 39<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_39&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from the repayment of advances and loans made to other parties (other than advances and loans of a financial institution), classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16_f&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from repayment to the entity of loans and advances made to related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaidClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for dividends paid by the entity, classified as financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaidToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends paid to non-controlling interests. [Refer: Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_a&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsReceivedClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from dividends received, classified as investing activities. [Refer: Dividends received]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsReceivedClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents from discontinued operations. [Refer: Cash and cash equivalents; Discontinued operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestPaidClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for interest paid, classified as financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestPaidClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestReceivedClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from interest received, classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestReceivedClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from borrowings obtained. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_17_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from proceeds from contributions of non-controlling interests. [Refer: Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromContributionsOfNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from sales of long-term assets that the entity does not separately disclose in the same statement or note, classified as investing activities. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromSalesOfInterestsInAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from sales of interests in associates. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromSalesOfInterestsInAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromSalesOfInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from sales of investment property. [Refer: Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromSalesOfInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from sales of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from sales or maturity of financial instruments, classified as investing activities. [Refer: Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchase of financial instruments. [Refer: Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfFinancialInstrumentsClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchases of intangible assets, classified as investing activities. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchase of investment property. [Refer: Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_17_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AcquisitionOfDerivativeFinancialInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of acquisition of derivative financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AcquisitionOfDerivativeFinancialInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AcquisitionOfNonControllingInterestInSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of acquisition of non controlling interest in subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AcquisitionOfNonControllingInterestInSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CapitalDistributionToNonControllingInterestInSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of capital distribution to non controlling interest in subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CapitalDistributionToNonControllingInterestInSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of capital increases contributions to joint ventures and associates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CapitalIncreasesContributionsToJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CashAdvancesAndLoansMadeToRelatedParties1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for loans and advances made to related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CashAdvancesAndLoansMadeToRelatedParties1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of dividends received from sales of associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DividendsReceivedFromSalesOfAssociatesAndJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ForeignExchangeGainOnCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of foreign exchange gain on cash and cash equivalents.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ForeignExchangeGainOnCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxAnDMPITPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of income tax an d m p i t paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxAnDMPITPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of increase decrease net cash provided by used in continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseDecreaseNetCashProvidedByUsedInContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IssuanceOfCapitalInSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of issuance of capital in subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IssuanceOfCapitalInSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LoandGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for loans granted.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LoandGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetCashGeneratedFromContinuingOperatingActivitiesBeforeIncomeTaxPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for net increase of restricted assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetIincreaseOfRestrictedAssetsClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ObtentionPaymentOfShortTermLoansNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net cash inflow and outflow for obtention / (payment) of short term loans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ObtentionPaymentOfShortTermLoansNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProceedsFromDerivativeFinancialInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of proceeds from derivative financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProceedsFromDerivativeFinancialInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of proceeds from sale of non controlling interest in subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProceedsFromSaleOfNonControllingInterestInSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of proceeds from sales of interest held in associates joint ventures and associates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProceedsFromSalesOfInterestHeldInAssociatesJointVenturesAndssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReceiptsFromClaims">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of receipts from claims.</p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852466256">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>The Group's business and general information<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsBusinessAndGeneralInformationAbstract', window );"><strong>Groups Business And General Information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory', window );">The Group's business and general information</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><b>1.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>The Group&#8217;s
    business and general information</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
was founded in 1943, and it is engaged in a diversified range of real estate activities in Argentina since 1991. IRSA and its
subsidiaries are collectively referred to hereinafter as &#8220;the Group&#8221;. Cresud is our direct parent company and IFIS
Limited our ultimate parent company.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">These
Consolidated Financial Statements have been approved for issue by the Board of Directors on September 4, 2018.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group has established two Operations Centers, Argentina and Israel, to manage its global business, mainly through the following
companies:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Corresponds to Group&#8217;s
    associates, which are hence excluded from consolidation.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The results are
    included in discontinued operations, due to the loss of control in June 2018 (Note 4.G.)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(iii)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Disclosed as financial
    assets held for sale.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
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    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(iv)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assets and liabilities
    are disclosed as held for sale and the results as discontinued operations. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
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    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(v)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">See Note 4 for more
    information about the change within the Operations Center in Israel.</font></td></tr>
</table>
<p style="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Operations
Center in Argentina</u></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
activities of the Operations Center in Argentina are mainly developed through IRSA and its principal subsidiary, IRSA CP. Through
IRSA and IRSA CP, the Group owns, manages and develops 16 shopping malls across Argentina, a portfolio of offices and other rental
properties in the Autonomous City of Buenos Aires, and it entered the United States of America (&#8220;USA&#8221;) real estate
market in 2009, mainly through the acquisition of non-controlling interests in office buildings and hotels. Through IRSA or IRSA
CP, the Group also develops residential properties for sale. The Group, through IRSA, is also involved in the operation of branded
hotels. The Group uses the term &#8220;real estate&#8221; indistinctively in these Consolidated Financial Statements to denote
investment, development and/or trading properties activities. IRSA CP's shares are listed and traded on both the BASE (BYMA: IRCP)
and the NASDAQ (NASDAQ: IRCP). IRSA's shares are listed on the BASE (Merval: IRSA) and the NYSE (NYSE: IRSA).</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
activities of the Group&#8217;s &#8220;Others&#8221; segment is carried out mainly through BHSA, where IRSA holds, directly or
indirectly, a 29.91% interest (considering treasury shares). BHSA is a commercial bank offering a wide variety of banking activities
and related financial services to individuals, small and medium-sized companies and large corporations, including the provision
of mortgaged loans. BHSA's shares are listed on the BASE (BYMA: BHIP). Besides that, the Group has a 43.93% indirect equity interest
in Tarshop, whose main activities are credit card and loan origination transactions.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Operations
Center in Israel</u></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
activities of the Operations Center in Israel are mainly developed through the subsidiaries, IDBD and DIC, whose activities correspond
to one of the Israeli largest and most diversified conglomerates, which are involved, through its subsidiaries and other investments,
in several markets and industries, including real estate, supermarkets, insurance, telecommunications, etc.; controlling or holding
an equity interest in companies such as Clal (Insurance), Cellcom (Telecommunications), Shufersal (Supermarkets), PBC (Real Estate),
among others. IDBD is listed in the TASE as a &#8220;Debentures Company&#8221; in accordance with Israeli law, since some series
of bonds are traded in that Exchange.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">It
should be noted that the financial position of IDBD, DIC and its subsidiaries at the Operations Center in Israel does not affect
the financial position of IRSA and subsidiaries at the Operations Center in Argentina.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
addition, the commitments and other covenants resulting from IDBD and DIC&#8217;s financial debt do not have impact on IRSA since
such indebtedness has no recourse against IRSA and it is not guaranteed by IRSA&#8217;s assets.</font></p><span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for general information about financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 51<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_51&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852290112">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Summary of significant accounting policies<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory', window );">Summary of significant accounting policies</a></td>
<td class="text"><p style="margin-left: 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Summary
of significant accounting policies&#160;</b></font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.1.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Basis
of preparation of the Consolidated Financial Statement&#160;</b></font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Basis
of preparation</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">These
Consolidated Financial Statements have been prepared in accordance with IFRS issued by IASB and interpretations issued by the
IFRIC. All IFRS applicable as of the date of these Consolidated Financial Statements have been applied.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">IAS
29 "Financial Reporting in Hyperinflationary Economies" requires that the financial statements of an entity whose functional currency
is one of a hyperinflationary economy be expressed in terms of the current unit of measurement at the closing date of the reporting
period, regardless of whether they are based on the historical cost method or the current cost method. To do so, in general terms,
the inflation produced from the date of acquisition or from the revaluation date, as applicable, must be calculated in the non-monetary
items. This requirement also includes the comparative information of the financial statements.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
order to conclude on whether an economy is categorized as hyperinflationary in the terms of IAS 29, the standard details a series
of factors to be considered, including the existence of a cumulative inflation rate in three years that approximates or exceed
100%. Bearing in mind that the downward trend in inflation observed in the previous year has reversed, noticing a significant
increase in inflation during 2018, that it is also expected that the accumulated inflation rate of the last three years will exceed
100% and that the rest of the indicators do not contradict the conclusion that Argentina should be considered a hyperinflationary
economy for accounting purposes, the Management understands that there is sufficient evidence to conclude that Argentina is a
hyperinflationary economy in the terms of IAS 29, starting with the year initiated on July 1, 2018. Consequently, the Company
should restate its next financial statements to be presented after the aforementioned date. However, it must be taken into account
that, as of the date of issuance of these financial statements, Decree PEN 664/03 is in force, and it does not allow the presentation
of restated for inflation financial statements before the National Securities Commission (CNV) and other bodies of corporate control.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
an inflationary period, any entity that maintains an excess of monetary assets over monetary liabilities, will lose purchasing
power, and any entity that maintains an excess of monetary liabilities over monetary assets, will gain purchasing power, provided
that such items are not subject to an adjustment mechanism.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Briefly,
the restatement method of IAS 29 establishes that monetary assets and liabilities must not be restated since they are already
expressed in the current unit of measurement at the end of the reporting period. Assets and liabilities subject to adjustments
based on specific agreements must be adjusted in accordance with such agreements. The non-monetary items measured at their current
values at the end of the reporting period, such as the net realization value or&#160;&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">others,
do not need to be restated. The remaining non-monetary assets and liabilities must be restated by a general price index. The loss
or gain from the net monetary position will be included in the net result of the reporting year / period, revealing this information
in a separate line item.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018, the restatement criteria of financial information established in IAS 29 have not been applied. However, in recent
years&#8217; certain macroeconomic variables that affect the Company's businesses, such as wages and prices of inputs, have undergone
annual variations of certain importance. This circumstance must be considered in the evaluation and interpretation of the financial
situation and the results presented by the Company in these financial statements.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">IDBD
and DIC report their quarterly and annual results following the Israeli regulations, whose legal deadlines are after the deadlines
in Argentina and since IDBD and DIC fiscal years end differently from IRSA, the results of operations from IDBD and DIC are consolidated
with a lag of three months and adjusted for the effects of significant transactions taking place in such period. For these reasons,
it is possible to obtain the quarterly results of IDBD and DIC in time so that they can be consolidated by IRSA and reported to
the CNV in its consolidated financial statements within the legal deadlines set in Argentina. This way, the Group's consolidated
comprehensive income for the year ended June 30, 2018 includes the results of IDBD and DIC for the 12-month period from April
1, 2017 to March 31, 2018, adjusted for the significant transactions that occurred between April 1, 2018 and June 30, 2018.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Moreover,
the consolidated comprehensive income of the Group for the year ended June 30, 2016 includes the results of IDBD and DIC operations
for the period from October 11, 2015 (the acquisition of control) through March 31, 2016, adjusted for those significant transactions
that occurred between April 1, 2016 and June 30, 2016.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current
and non-current classification&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group presents current and non-current assets, and current and non-current liabilities, as separate classifications in its Statement
of Financial Position according to the operating cycle of each activity. Current assets and current liabilities include the assets
and liabilities that are either realized or settled within 12 months from the end of the fiscal year.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">All
other assets and liabilities are classified as non-current. Current and deferred tax assets and liabilities (income tax liabilities)
are presented separately from each other and from other assets and liabilities. Deferred tax assets and liabilities are in all
cases presented as non-current while the rest is classifed as current and non-current.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(c)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Presentation
currency&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Consolidated Financial Statements are presented in millions of Argentine Pesos. Unless otherwise stated or the context otherwise
requires, references to &#8216;Peso amounts&#8217; or &#8216;Ps.&#8217;, are millions of Argentine Pesos, references to &#8216;US$&#8217;
or &#8216;US Dollars&#8217; are millions of US Dollars and references to "NIS" are millions of New Israeli Shekel.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(d)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fiscal
year-end&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
fiscal year begins on July 1st and ends on June 30 of each year.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(e)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
criteria</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Consolidated Financial Statements have been prepared under historical cost criteria, except for investment properties, financial
assets and financial liabilities (including derivative instruments) measured at fair value through profit or loss, financial assets
held for sale and share-based compensation, which were measured at fair value.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(f)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Reporting
cash flows&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group reports operating activities cash flows using the indirect method. Interest paid is presented within financing activities.
Interest received is presented within investing activities. The acquisitions and disposals of investment properties are disclosed
within investing activities as this most appropriately reflects the Group&#8217;s business activities. Cash flows in respect to
trading properties are disclosed within operating activities because these items are sold in the ordinary course of business.</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;<b>(g)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Use
of estimates&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
preparation of Financial Statements at a certain date requires the Management to make estimations and evaluations affecting the
amount of assets and liabilities recorded and contingent assets and liabilities disclosed at such date, as well as income and
expenses recorded during the year. Actual results might differ from the estimates and evaluations made at the date of preparation
of these Consolidated Financial Statements. The most significant judgments made by Management in applying the Group&#8217;s accounting
policies and the major estimations and significant judgments are described in Note 3.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.2.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>New
accounting standards&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
following standards and amendments have been issued by the IASB. Below we outline the standards and amendments that may potentially
have an impact on the Group at the time of application.&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><u>Standards
and amendments adopted by the Group&#160;&#160;</u></font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Standards
    and amendments</b></font></td>
    <td style="border-left: #000000 1px solid; width: 42%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Description</b></font></td>
    <td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">Date
                                         of mandatory adoption for the Group in the year ended on&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Cycle
    of annual improvements 2014-2016. IFRS 12 &#8220;Disclosure of Interests in other entities&#8221;.</font></td>
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Clarifies
    the standard scope.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2018</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Amendments
    to IAS 7 "Disclosure initiative".</font></td>
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Establishes
    that the entity shall disclose information so that users of the Financial Statements may assess the changes in liabilities
    resulting from financing activities, including both cash and non-cash changes.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2018</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Amendments
    to IAS 12 "Recognition of deferred tax assets for unrealized losses".</font></td>
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Clarifies
    the accounting of deferred income tax assets in the case of unrealized losses from debt instruments measured at fair value.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2018</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
adoption of these standards and amendments has not had a material impact for the Group. See details of IAS 7 modifications in
Note 19.&#160;</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><u>Standards
and amendments not yet adopted by the Group&#160;&#160;</u></font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Standards
    and amendments</b></font></td>
    <td style="border-left: #000000 1px solid; width: 42%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Description</b></font></td>
    <td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">Date
                                         of mandatory adoption for the Group in the year ended on&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Amendments
    to IAS 40 "Transfers of Investment Properties"</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Clarifies
    the conditions that should be met for an entity to transfer a property to, or from, investment properties.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Cycle
    of annual improvements 2014-2016. IAS 28 &#8220;Investments in Associates and Joint ventures&#8221;.</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Clarifies
    that the option to measure an associate or a joint venture at fair value for a qualifying entity is available upon initial
    recognition.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IFRS
    9 &#8220;Financial Instruments&#8221;.</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Adds
    a new impairment model based on expected losses and introduces some minor amendments to the classification and measurement
    of financial assets.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IFRS
    15 &#8220;Revenues from contracts with customers&#8221;</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Provides
    the new revenue recognition model derived from contracts with customers. The core principle underlying the model is satisfaction
    of performance obligations assumed with customers. Applies to all contracts with customers, except those covered by other
    IFRSs, such as leases, insurance and financial instruments contracts. The standard does not address recognition of interest
    or dividend income.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Amendments
    to IFRS 2 "Share-based Payment".</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">The
    amendments clarify the scope of the standard in relation to (i) accounting of the effects that the concession consolidation
    conditions have on cash settled share-based payments, (ii) the Classification of the share-based payment transactions subject
    to net settlement, and (iii) accounting for the amendment of terms and conditions of the share-based payment transaction that
    reclassifies the transaction from cash settled to equity settled.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IFRS
    16 "Leases".</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Will
    supersede IAS 17 currently in force (and associated interpretations) and its scope includes all leases, with a two specific
    exceptions (low cost assets&#8217; leases and short-term leases). Under the new standard, lessees are required to account
    for leases under one single model in the balance sheet that is similar to the one used to account for financial leases under
    IAS 17. The accounting of the lessor has no significant changes.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2020</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
future adoption of these standards modifications and interpretations will not have a significant impact to the Group, except for
the following:&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><u>IFRS
15: Revenues from contracts with customers&#160;</u></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
standard introduces a new five step model for recognizing revenue from contracts with customers:</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Identifying
the contract with the customer.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">2.</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Identifying
separate performance obligations in the contract.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">3.</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Determining
the transaction price.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">4.</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Allocating
the transaction price to separate performance obligations.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">5.</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Recognizing
revenue when the performance obligations are satisfied.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group will apply the cumulative effect approach, therefore, accumulated impact will be recognized in Retained earnings as of July
1, 2018. Comparative figures will not be restated.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><i>Main
effects that affect the Group:&#160;</i></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Costs
of obtaining a contract with a client:&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Customer
acquisition costs are capitalized when it is expected that the Group will recover these costs, instead of recognizing these costs
in profit or loss as incurred. Accordingly, incremental incentives and commissions paid to Group employees while resellers for
securing contracts with customers, are recognized as an asset and are amortized to profit or loss, in accordance with the expected
service period from these contracts (over a period of 2-4 years).&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
the statements of cash flows, customer acquisition costs paid will be presented as part of cash flows used in investing activities
and the amortization of capitalized customer acquisition costs, will be presented under depreciation and amortization as part
of cash flows from operating activities.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group applies the practical exemption specified in the standard and recognizes customer acquisition costs in profit or loss when
the expected amortization period of these costs is one year or less.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Satisfaction
of performance obligation in real estate contracts:&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenues
from the sale of offices and apartments will be recognized during the period of construction, in accordance with the work in progress,
instead of upon the delivery or signing of the property&#8217;s deed, if one of the following conditions are met:</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">1.
The customer simultaneously receives and consumes the benefits provided by the Group&#8217;s performance when the Group provides
such services.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">2.&#160;
The Group&#8217;s performance creates or enhances an asset that is controlled by the customer at the time it is being created
or enhanced.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">3.
The Group&#8217;s performance does not create an asset with an alternative use for the Group and the Group has the enforceable
right to payment for performance completed to date.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group will recognize revenue over time on sales contracts with customers for the development of real estate in which no alternative
use exists but the sale to the client and it has the right to enforce the performance of the contract. When these conditions are
not met, revenue will be recognized at the time of the deed or upon delivery of the asset.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group determines the amount of revenue from each contract according to the transaction price and work in progress of the asset
of each customer separately.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><u>IFRS
9: Financial instruments&#160;</u></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
new standard includes a new model of "expected credit loss" for receivables or other assets not measured at fair value. The new
model presents a dual measurement approach for impairment: if the credit risk of a financial asset has not increased significantly
since its initial recognition, an allowance for impairment will be recorded in the amount of expected credit losses resulting
from the possible non- compliance events within a certain period. If the credit risk has increased significantly, in most cases
the allowance will increase and the amount of the expected losses should be recorded.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
accordance with the new standard, in cases where a change in terms or exchange of financial liabilities is immaterial and does
not lead, at the time of analysis, to the reduction of the previous liability and recognition of the new liability, the new cash
flows must be discounted at the original effective interest rate, recording the impact of the difference between the present value
of the financial liability that has the new terms and the present value of the original financial liability in net income. As
a result of the application of the new standard, the amount of the liabilities, whose terms were modified and for which a new
effective interest rate was calculated at the time of the change in accordance with IAS 39, will be recalculated from the date
of the change using the original effective interest rate.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><u>IFRS
16: Leases&#160;</u></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group is currently assessing the impact of the amendments on its Financial Statements. IFRS 16 will be effective for fiscal year
beginning July 1, 2019. On the issue date of these Consolidated Financial Statements, there are no other standards or amendments,
issued by the IASB that are yet to become effective and that are expected to have a material effect on the Group.&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Breakdown
of the expected changes to the financial position of the Group due to the application of IFRS 9 and 15 are described below:&#160;&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 40%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>Current statement of
                           financial position&#160;</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>IFRS 15 impact&#160;</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>IFRS 9 impact&#160;</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Adjusted statement
                           of financial position&#160;</b></font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>ASSETS</b></font></td>
    <td><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Non-current
    assets</b></font></td>
    <td><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trading
    properties</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6,018&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(3,338)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,680&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Investments
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24,650&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24&#160;</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24,655&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Deferred
    income tax assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;380&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(95)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;285&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8,142</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;497</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(63</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8,576</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total
    non-current assets</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;239,755</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(2,912</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(82</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;236,761</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Current
    assets</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trading
    properties</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,232&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(734)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,498&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;14,947</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;292</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(32</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;15,207</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total
    current assets</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;96,018</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(442</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(32</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;95,544</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>TOTAL
    ASSETS</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;335,773</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(3,354</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(114</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;332,305</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>SHAREHOLDERS&#8217;
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Shareholders'
    equity attributable to equity holders of the parent</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Retained
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;127&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Non-controlling
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(473</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;36,773</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>TOTAL
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Current
    liabilities</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(1,925)</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Borrowings</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;25,587&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;55&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;25,642&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Income
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;530</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total
    current liabilities</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;46,756</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(1,917</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;55</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;44,894</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>TOTAL
    LIABILITIES</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;261,232</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(3,607</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;812</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;258,437</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>TOTAL
    SHAREHOLDERS&#8217; EQUITY AND LIABILITIES</b></font></td>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(3,354</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(114</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;332,305</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 12px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 12px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">At
the date of presentation of these financial statements, the analysis of IFRS 9 in some of the Group's associates is still being&#160;performed,
which could modify the preceding information at the time of effective adoption.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.3.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scope
of consolidation&#160;</b></font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Subsidiaries
are all entities (including structured entities) over which the Group has control. The Group controls an entity when the Group
is exposed to, or has rights to variable returns from its involvement with the entity and has the ability to affect those returns
through its power over the entity. The Group also analyzes whether there is control when it does not hold more than 50% of the
voting rights of an entity, but does have capacity to define its relevant activities because of de-facto control.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group uses the acquisition method of accounting to account for business combinations. The consideration transferred for the acquisition
of a subsidiary is the fair value of the assets transferred, the liabilities incurred and the equity interests issued by the Group.
Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed
in a business combination are measured initially at their fair values at the acquisition date.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group recognizes any non-controlling interest in the acquiree on an acquisition-by-acquisition basis either at fair value or at
the non-controlling interest&#8217;s proportionate share of the acquirer&#8217;s net assets. The Group chooses the method to be
used on a case-by-case base.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquiree and the acquisition-date
fair value of any previous equity interest in the acquiree over the fair value of the identifiable net assets acquired is recorded
as goodwill. If the total of consideration transferred, non-controlling interest recognized and previously held interest measured
is less than the fair value of the net assets of the subsidiary acquired in the case of a bargain purchase, the difference is
recognized directly in the Statement of Income as &#8220;Bargain purchase gains&#8221;.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group conducts its business through several operating and investment companies, the principal are listed below:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;% of ownership interest
                    held by the Group</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="width: 32%; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Name
    of the entity</b></font></td>
    <td style="width: 10%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Country</b></font></td>
    <td style="width: 10%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Main
    activity</b></font></td>
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    <td style="width: 16%; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06.30.2017</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>IRSA's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    CP (1)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;86.34%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;94.61%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;94.61%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">E-Commerce
    Latina S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Efanur
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hoteles
    Argentinos S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hotel</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Inversora
    Bol&#237;var S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Llao
    Llao Resorts S.A. (2)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hotel</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Nuevas
    Fronteras S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hotel</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.34%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.34%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.34%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Palermo
    Invest S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Ritelco
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Tyrus
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">U.T.
    IRSA and Galer&#237;as Pac&#237;fico (2) (6)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>IRSA
    CP's direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Arcos
    del Gourmet S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;90.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;90.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;90.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Emprendimiento
    Recoleta S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;53.68%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;53.68%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;53.68%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Fibesa
    S.A. (3)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Panamerican
    Mall S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Shopping
    Neuqu&#233;n S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;99.92%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;99.92%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;99.14%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Torodur
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">EHSA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;70.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;70.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Centro
    de Entretenimiento La Plata (6)</font></td>
    <td style="text-align: center; padding-right: -4px; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; padding-right: -4px; padding-left: 12px; text-indent: -12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Tyrus
    S.A.'s direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">DFL
    (4)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;91.57%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;91.57%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;91.57%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">I
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    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    Development LP</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    International LLC</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Jiwin
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Liveck
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Investment Group IV LP (REIG IV)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Investment Group V LP (REIG V)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
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    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; padding-right: -4px; padding-left: 12px; text-indent: -12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Efanur
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    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Investment Group VII LP (REIG VII)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>DFL's
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    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IDB
    Development Corporation Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Dolphin
    IL Investment Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; padding-right: -4px; padding-left: 12px; text-indent: -12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>DIL's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    Investment Corporation Ltd. (4)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;77.25%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.43%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>IDBD's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IDB
    Tourism (2009) Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Tourism
    services</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IDB
    Group Investment Inc.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>DIC's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Property
    &#38; Building Corporation Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;64.40%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;64.40%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.45%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal
    Ltd. (7)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Retail</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;54.19%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;52.95%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Cellcom
    Israel Ltd. (5)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Telecommunications</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;43.14%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;42.26%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;41.77%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Elron
    Electronic Industries Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.30%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.30%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.30%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bartan
    Holdings and Investments Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;55.68%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;55.68%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;55.68%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Epsilon
    Investment House Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.75%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.75%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.75%</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></p>

<p style="text-align: justify; text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;
Includes interest held through E-Commerce Latina S.A. and Tyrus S.A.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;
The Group has consolidated the investment in Llao Llao Resorts S.A. and UT IRSA and Galer&#237;as Pac&#237;fico considering its
equity interest and a shareholder agreement that confers it majority of votes in the decision making process.</font></p>

<p style="text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(3)
Includes interest held through Ritelco S.A. and Torodur S.A.</font></p>

<p style="text-indent: 0px; margin-left: 0"><font style="font: 10pt Times New Roman, Times, Serif">(4)<font style="letter-spacing: 12px">&#160;</font>Includes
Tyrus's equity interest. Until the present financial year, the participation was through Tyrus S.A. and IDBD.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(5)</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">DIC
considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-&#224;-vis
other shareholders, with a stake of 46.16%, also taking into account the historic voting performance in the &#160;&#160;&#160;
&#160;&#160;&#160; &#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160; Shareholders&#8217; Meetings, as well as the evaluation
of the holdings of the remaining shareholders, which are highly atomized.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(6)
&#160;&#160; Corresponds to acquisitions and constitutions of new entities considered not material as a whole.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(7)
&#160;&#160; Control was lost in June 30, 2018. See Note 4.G.</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;
Except for the aforementioned items the percentage of votes does not differ from the stake.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group takes into account both quantitative and qualitative aspects in order to determine which non-controlling interests in subsidiaries
are considered significant.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Changes
in ownership interests in subsidiaries without change of control&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Transactions
with non-controlling interests that do not result in loss of control are accounted for as equity transactions &#8211; i.e., as
transactions with the owners in their capacity as owners. The recorded value corresponds to the difference between the fair value
of the consideration paid and/or received and the relevant share acquired and/or transferred of the carrying value of the net
assets of the subsidiary.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(c)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Disposal
of subsidiaries with loss of control&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">When
the Group ceases to have control any retained interest in the entity is re-measured at its fair value at the date when control
is lost, with changes in carrying amount recognized in profit or loss. The fair value is the initial carrying amount for the purposes
of subsequently accounting for the retained interest as an associate, joint venture or financial asset. In addition, any amounts
previously recognized in other comprehensive income in respect of that entity are accounted for as if the Group had directly disposed
of the related assets or liabilities. This may mean that amounts previously recognized in other comprehensive income are reclassified
to profit or loss.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(d)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Associates</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Associates
are all entities over which the Group has significant influence but not control, usually representing an interest between 20%
and at least 50% of the voting rights. Investments in associates are accounted for using the equity method of accounting, except
as otherwise indicated as explained below. Under the equity method, the investment is initially recognized at cost, and the carrying
amount is increased or decreased to recognize the investor&#8217;s share of the profit or loss of the investee after the date
of acquisition. The Group&#8217;s investment in associates includes goodwill identified on acquisition.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">As
of each year-end or upon the existence of evidence of impairment, a determination is made as to whether there is any objective
indication of impairment in the value of the investments in associates. If this is the case, the Group calculates the amount of
impairment as the difference between the recoverable amount of the Associates and its carrying value and recognizes the amount
adjacent to "Share of profit / (loss) of associates and joint ventures " in the Statement of Income and Other Comprehensive Income.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Profit
and losses resulting from transactions between the Group and the associate are recognized in the Group's financial statements
only to the extent of the interests in the associates of the unrelated investor. Unrealized losses are eliminated unless the transaction
reflects signs of impairment of the value of the asset transferred. The accounting policies of associates are modified to ensure
uniformity within Group policies.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group takes into account quantitative and qualitative aspects to determine which investments in associates are considered significant.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Note
8 includes summary financial information and other information of the Group's associates.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(e)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint
arrangements&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Joint
arrangements are arrangements of which the Group and other party or parties have joint control bound by a contractual arrangement.
Under IFRS 11, investments in joint arrangements are classified as either joint ventures or joint operations depending on the
contractual rights and obligations each investor has rather than the legal structure of the joint arrangement. A joint venture
is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement.
A joint operation is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the assets,
and obligations for the liabilities, relating to the arrangement. The Group has assessed the nature of its joint arrangements
and determined them to be joint ventures.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Investments
in joint ventures are accounted for under the equity method. Under the equity method of accounting, interests in joint ventures
are initially recognized in the Consolidated Statements of Financial Position at cost and adjusted thereafter to recognize the
Group&#8217;s share of post-acquisition profits or losses and other comprehensive income in the Statements of Income and Other
Comprehensive Income.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group determines at each reporting date whether there is any objective evidence that the investment in a joint ventures is impaired.
If this is the case, the Group calculates the amount of impairment as the difference between the recoverable amount of the joint
venture and its carrying value and recognizes such difference in "Share of profit / (loss) of associates and joint ventures" in
the Statements of Income.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.4.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Segment
information&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Operating
segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision-Maker (&#8220;CODM&#8221;),
responsible for allocating resources and assessing performance. The operating segments are described in Note 6.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.5.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign
currency translation</b></font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Functional
and presentation currency&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Items
included in the Financial Statements of each of the Group&#8217;s entities are measured using the currency of the primary economic
environment in which the entity operates (&#8216;the functional currency&#8217;). The Consolidated Financial Statements are presented
in Argentine Pesos, which is the Group&#8217;s presentation currency.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transactions
and balances in foreign currency&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions.
Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange
rates of monetary assets and liabilities nominated in foreign currencies are recognized in the profit or loss for the year.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
exchange gains and losses are presented in the Statement of Income within finance income and finance costs, as appropriate, unless
they have been capitalized.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(c)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Group
companies&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
results and financial position of all the Group entities (none of which has the currency of a hyperinflationary economy) that
have a functional currency different from the presentation currency are translated into the presentation currency as follows:&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">assets,
liabilities and goodwill for each Statement of Financial Position presented are translated at the closing rate at the date of
that financial position;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(ii)</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">income
and expenses for each Statement of Comprehensive Income are translated at average exchange rates (unless this average is not a
reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses
are translated at the rate on the dates of the transactions); and</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(iii)</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">all
resulting exchange differences are recognized in the Statement of Comprehensive Income.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
accounting policy of the Group consists in accounting the translation difference of its subsidiaries by the &#8220;step-by-step&#8221;
method according to IAS 21.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.6.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investment
properties&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Investment
properties are those properties owned by the Group that are held either to earn long-term rental income or for capital appreciation,
or both, and that are not occupied by the Group for its own operations. Investment property also includes property that is being
constructed or developed for future use as investment property. The Group also classifies as investment properties land whose
future use has not been determined yet. The Group&#8217;s investment properties primarily comprise the Group&#8217;s portfolio
of shopping malls and offices, certain property under development and undeveloped land.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Where
a property is partially owner-occupied, with the rest being held for rental income or capital appreciation, the Group accounts
for the portions separately. The portion that is owner-occupied is accounted for as property, plant and equipment under IAS 16
&#8220;Property, Plant and Equipment&#8221; and the portion that is held for rental income or capital appreciation, or both, is
treated as investment properties under IAS 40 &#8220;Investment Properties&#8221;.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Investment
properties are measured initially at cost. Cost comprises the purchase price and directly attributable expenditures, such as legal
fees, certain direct taxes, commissions and in the case of properties under construction, the capitalization of financial costs.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">For
properties under development, capitalization of costs includes not only financial costs, but also all costs directly attributable
to works in process, from commencement of construction until it is completed and property is in conditions to start operating.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Direct
expenses related to lease contract negotiation (such as payment to third parties for services rendered and certain specific taxes
related to execution of such contracts) are capitalized as part of the book value of the relevant investment properties and amortized
over the term of the lease.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Borrowing
costs associated with properties under development or undergoing major refurbishment are capitalized. The finance cost capitalized
is calculated using the Group&#8217;s weighted average cost of borrowings after adjusting for borrowings associated with specific
developments. Where borrowings are associated with specific developments, the amount capitalized is the gross interest incurred
on those borrowings less any investment income arising on their temporary investment. Finance cost is capitalized from the commencement
of the development work until the date of practical completion. Capitalization of finance costs is suspended if there are prolonged
periods when development activity is interrupted. Finance cost is also capitalized on the purchase cost of land or property acquired
specifically for redevelopment in the short term but only where activities necessary to prepare the asset for redevelopment are
in progress.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">After
initial recognition, investment property is carried at fair value. Investment property that is being redeveloped for continuing
use as investment property or for which the market has become less active continues to be measured at fair value. Investment properties
under construction are measured at fair value if the fair value is considered to be reliably determinable. On the other hand,
properties under construction for which the fair value cannot be determined reliably, but for which the Group expects it to be
determinable when construction is completed, are measured at cost less impairment until the fair value becomes reliably determinable
or construction is completed, whichever is earlier.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Fair
values are determined differently depending on the type of property being measured.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Generally,
for the Operations Center in Argentina, fair value of office buildings and land reserves is based on active market prices, adjusted,
if necessary, for differences in the nature, location or condition of the specific asset. If this information is not available,
the Group uses alternative valuation methods, such as recent prices on less active markets or discounted cash flow projections.
Fair value of office building for the Operations Center in Israel is based on discounted cash flow projections.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of the Group&#8217;s portfolio of Shopping Malls is based on discounted cash flow projections. This method of valuation
is commonly used in the shopping mall industry in the region where the Group conducts its operations.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of office buildings in the Operations Center in Israel is based on discounted cash flow projections.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">As
required by CNV 576/10 Resolution, valuations are performed as of the financial position date by accredited externals appraisers
who have recognized professional qualifications and have recent experience in the location and category of the investment property
being valued. These valuations form the basis for the carrying amounts in the Consolidated Financial Statements. The fair value
of investment property reflects, among other things, rental income from current leases and other assumptions market participants
would make when pricing the property under current market conditions.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Subsequent
expenditures are capitalized to the asset&#8217;s carrying amount only when it is probable that future economic benefits associated
with the expenditure will flow to the Group and the cost can be measured reliably. All other repairs and maintenance costs are
expensed when incurred. When part of an investment property is replaced, the carrying amount of the replaced part is derecognized.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Changes
in fair values are recognized in the Statement of Income under the line item &#8220;Net gain from fair value adjustment of investment
properties&#8221;.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Asset
transfers, including assets classified as investments properties which are reclassified under other items or vice-versa, may only
be carried out when there is a change of use evidenced by: a) commencement of occupation of real property by the Group, where
investment property is transferred to property, plant and equipment; b) commencement of development activities for sale purposes,
where investment property is transferred to property for sale; c) the end of Group occupation, where it is transferred from property,
plant and equipment to investment properties; or d) commencement of an operating lease transaction with a third party, where properties
for sale are transferred to investment property. The value of the transfer is the one that the property had at the time of the
transfer and subsequently is valued in accordance with the accounting policy related to the item.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group may sell its investment property when it considers that such property no longer forms part of the lease business. The carrying
value immediately prior to the sale is adjusted to the transaction price, and the adjustment is recorded in the Statement of Income
in the line &#8220;Net gain from fair value adjustments of investment properties&#8221;.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Investment
properties are derecognized when they are disposed of or when they are permanently withdrawn from use and no future economic benefits
are expected to arise from their disposals. The disposal of properties is recognized when the significant risks and rewards have
been transferred to the buyer. As for unconditional agreements, proceeds are accounted for when title to property passes to the
buyer and the buyer intends to make the respective payment. In the case of conditional agreements, where such conditions have
been met. Where consideration receivable for the sale of the properties is deferred, it is discounted to present value. The difference
between the discounted amount and the amount receivable is treated as interest income and recognized over the period using the
effective interest method. Direct expenses related to the sale are recognized in the line "Other operating results, net" in the
Statement of Income at the time they are incurred.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.7.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Property,
plant and equipment&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">This
category primarily comprises, buildings or portions of a building used for administrative purposes, machines, computers, and other
equipment, motor vehicles, furniture, fixtures and fittings and improvements to the Group&#8217;s corporate offices.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group has also several hotel properties. Based on the respective contractual arrangements with hotel managers and / or given their
direct operators nature, the Group considers it retains significant exposure to the variations in the cash flows of the hotel
operations, and accordingly, hotels are treated as owner-occupied properties and classified under "Property, plant and equipment".&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">All
property, plant and equipment (&#8220;PPE&#8221;) is stated at acquisition cost less depreciation and accumulated impairment,
if any. The acquisition cost includes expenditures which are directly attributable to the acquisition of the items. For properties
under development, capitalization of costs includes not only financial costs, but also all costs directly attributable to works
in process, from commencement of construction until it is completed and the property is in conditions to start operating.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Subsequent
costs are included in the asset&#8217;s carrying amount or recognized as a separate asset, as appropriate, only when it is probable
that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably.
Such costs may include the cost of improvements and replacement of parts as they meet the conditions to be capitalized. The carrying
amount of those parts that are replaced is derecognized. Repairs and maintenance are charged as incurred in the Statement of Income.
Depreciation, based on a component approach, is calculated using the straight-line method to allocate the cost over the assets&#8217;
estimated useful lives.&#160;</font></p>

<p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
remaining useful life as of June 30, 2018 is as follows:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="width: 69%; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Buildings
    and facilities</font></td>
    <td style="width: 31%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
    5 and 50 years</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Machinery
    and equipment</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
    3 and 24 years</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Communication
    networks</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
    4 and 20 years</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Others</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
    3 and 25 years</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">As
of each fiscal year-end, an evaluation is performed to determine the existence of indicators of any decrease in recoverable value
or useful life of assets. If there are any indicators, the recoverable amount and/or residual useful life of impaired asset(s)
is estimated, and an impairment adjustment is made, if applicable. As of each fiscal year-end, the residual useful life of assets
is estimated and adjusted, if necessary. The book amount of an asset is reduced to its recoverable value if the book value greater
than its estimated recoverable value.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Gains
from the sale of these assets are recognized when the significant risks and rewards have transferred to the buyer. This will normally
take place on unconditional exchange, generally when legal title passes to the buyer and it is probable that the buyer will pay.
For conditional exchanges, sales are recognized when these conditions are satisfied. Gains and losses on disposals are determined
by comparing the proceeds net of direct expenses related to such sales, with the carrying amount as of the date of each transaction.
Gains and losses from the disposal of property, plant and equipment items are recognized within &#8220;Other operating results,
net&#8221; in the Statement of Income.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">When
assets of property, plant and equipment are transferred to investment property, the difference between the value at cost transferred
and the fair value of the investment property is allocated to a reserve within equity.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.8.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Leases</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Leases
are classified at their inception as either operating or finance leases based on the economic substance of the agreement.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">A
Group company is the lessor:&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Properties
leased out to tenants under operating leases are included in &#8220;Investment Properties&#8221; in the Statement of Financial
Position. See Note 2.25 for the recognition of rental income.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group has not leased out to tenants under financial leases.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">A
Group company is the lessee:&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group acquires certain specific assets (especially machinery and computer equipment) under finance leases. Finance leases are
capitalized at the commencement of the lease at the lower of the fair value of the property and the present value of the minimum
lease payments. Capitalized lease assets are depreciated over the shorter of the estimated useful life of the assets and the lease
term. The finance charges are charged over the lease period so as to produce a constant periodic rate of interest on the remaining
balance of the liability for each period. Liabilities corresponding to finance leases, measured at discounted value, are included
in current and non-current borrowings.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Operating
leases where the Group acts as lessee were charged to results at the time they accrue. They mainly include offices and properties
for commercial uses.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.9.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Intangible
assets&#160;</b></font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Goodwill&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill
represents future economic benefits arising from assets that are not capable of being individually identified and separately recognized
by the Group on an acquisition. Goodwill is initially measured as the difference between the fair value of the consideration transferred,
plus the amount of non-controlling interest in the acquisition and, in business combinations achieved in stages, the acquisition-date
fair value of the previously held equity interest in the acquisition; and the net fair value of the identifiable assets and liabilities
assumed on the acquisition date.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill
is not amortized but tested for impairment at each fiscal year-end, or more frequently if there is an indication of impairment.
For the purpose of impairment testing, assets are grouped at the lowest levels for which there are separately identifiable cash
flows, referred to as cash-generating units (&#8220;CGU&#8221;). In order to determine whether any impairment loss should be recognized,
the book value of CGU or CGU groups is compared against its recoverable value. Net book value of CGU and CGU groups include goodwill
and assets with limited useful life (such as, investment properties, property, plant and equipment, intangible assets and working
capital).&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">If
the recoverable amount of the CGU is less than the carrying amount of the unit, the impairment loss is allocated first to reduce
the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro rata on the basis of the
carrying amount of each asset in the unit. Impairment losses recognized for goodwill are not reversed in a subsequent period.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
recoverable amount of a CGU is the higher of the fair value less costs-to-sell and the value-in-use. The fair value is the amount
at which a CGU may be sold in a current transaction between unrelated, willing and duly informed parties. Value-in-use is the
present value of all estimated future cash flows expected to be derived from CGU or CGU groups.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill
is assigned to the Group's cash generating units on the basis of operating segments. The recoverable amount of a cash generating
unit is determined based on fair value calculations. These calculations use the price of the CGU assets and they are compared
with the book values plus the goodwill assigned to each cash generating unit.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">No
impairment was recorded as a result of the analysis performed.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Computer
software&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Acquired
computer software licenses are capitalized on the basis of the costs incurred to acquire and bring to use the specific software.
These costs are amortized over their estimated useful lives of three years. Costs associated with maintaining computer software
programs are recognized as an expense as incurred.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(c)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Branding
and client relationships&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">This
relates to the fair value of brands and client relationships arising at the time of the business combination with IDBD. They are
subsequently valued at cost, less the accumulated amortization or impairment. Client relationships have an average twelve-year
useful life, while one of the brands have an indefinite useful life and the other ten-year useful life.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(d)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Right
to receive future units under barter agreements&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group also enters into barter transactions where it normally exchanges undeveloped parcels of land with third-party developers
for future property to be constructed on the bartered land. The Group generally receives monetary assets as part of the transactions
and/or a right to receive future units to be constructed by developers. Such rights are initially recognized at cost (which is
the fair value of the land assigned) and are not adjusted later, unless there is any sign of impairment.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">At
each year-end, the Group reviews the carrying amounts of its intangible assets to determine whether there is any indication that
those assets have suffered an impairment loss. If any of such signs exists, the recoverable amount of the asset is estimated in
order to determine the extent, if any, of the impairment loss. For intangible assets with indefinite useful lives, the Group annually
reviews the existence of an impairment, or more frequently if signs of impairment are identified.&#160;&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.10.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trading
properties&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Trading
properties comprises those properties either intended for sale or in the process of construction for subsequent sale. Trading
properties are carried at the lower of cost and net realizable value. Where there is a change in use of investment properties
evidenced by the commencement of development with a view to sale, the properties are reclassified as trading properties at cost,
which is the carrying value at the date of change in use. They are subsequently carried at the lower of cost and net realizable
value. Cost comprises all costs of purchase, costs of conversion and other costs incurred in bringing the trading properties to
their present location and condition.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.11.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Inventories&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Inventories
include assets held for sale in the ordinary course of the Group's business activities, assets in production or construction process
for sale purposes, and materials, supplies or other assets held for consumption in the process of producing sales and/or services.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Inventories
are measured at the lower of cost or net realizable value.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Net
realizable value is the estimated selling price in the ordinary course of business less selling expenses. It is determined on
an ongoing basis, taking into account the product type and aging, based on the accumulated prior experience with the useful life
of the product. The Group periodically reviews the inventory and its aging and books an allowance for impairment, as necessary.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
cost of consumable supplies, materials and other assets is determined using the weighted average cost method, the cost of inventories
of mobile phones, related accessories and spare parts is priced under the moving average method, and the cost of the remaining
inventories is priced under the first in, first out (FIFO) method.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Cost
comprises all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location
and condition. Inventories and materials are initially recognized at cash price, and the difference being charged as finance cost.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.12.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
instruments&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group classifies financial assets in the following categories: those to be measured subsequently at fair value, and those to be
measured at amortized cost. This classification depends on whether the financial asset is an equity investment or a debt investment.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Debt
investments&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">A
debt investment is classified at amortized cost only if both of the following criteria are met: (i) the objective of the Group&#8217;s
business model is to hold the asset to collect the contractual cash flows; and (ii) the contractual terms give rise on specified
dates to cash derived solely from payments of principal and interest due on the principal outstanding. The nature of any derivatives
embedded in the debt investment are considered in determining whether the cash derives solely from payment of principal and interest
due on the principal outstanding and are not accounted for separately.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">If
either of the two criteria mentioned in the previous paragraph is not met, the debt instrument is classified at fair value through
profit or loss. The Group has not designated any debt investment as measured at fair value through profit or loss to eliminate
or significantly reduce an accounting mismatch. Changes in fair values and gains from disposal of financial assets at fair value
through profit or loss are recorded within &#8220;Financial results, net&#8221; in the Statement of Income.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
investments&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">All
equity investments, which are neither subsidiaries nor associate companies nor joint venture of the Group, are measured at fair
value. Equity investments that are held for trading are measured at fair value through profit or loss. For all other equity investments,
the Group can make an irrevocable election at initial recognition to recognize changes in fair value through other comprehensive
income rather than profit or loss. The Group decided to recognize changes in fair value of equity investments through changes
in profit or loss.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">At
initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at fair
value through profit or loss, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction
costs of financial assets carried at fair value though profit or loss are expensed in the Statement of Income.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
general, the Group uses the transaction price to ascertain the fair value of a financial instrument on initial recognition. In
the other cases, the Group records a gain or loss on initial recognition only if the fair value of the financial instrument can
be supported by other comparable transactions observable in the market for the same type of instrument or if based on a technical
valuation that only inputs observable market data. Unrecognized gains or losses on initial recognition of a financial asset are
recognized later on, only to the extent they arise from a change in factors (including time) that market participants would consider
upon setting the price.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Gains/losses
on debt instruments measured at amortized cost and not identified for hedging purposes are charged to income where the financial
assets are derecognized or an impairment loss is recognized, and during the amortization process under the effective interest
method. The Group is required to reclassify all affected debt investments when and only when its business model for managing those
assets changes.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group assesses at the end of each reporting period whether there is objective evidence that a financial asset or group of financial
assets measured at amortized cost is impaired. A financial asset or a group of financial assets is impaired and impairment losses
are incurred only if there is objective evidence of impairment as a result of one or more events that occurred after the initial
recognition of the asset (a &#8216;loss event&#8217;) and that loss event (or events) can be reliably estimated. The amount of
the loss is measured as the difference between the asset&#8217;s carrying amount and the present value of estimated future cash
flows (excluding future credit losses that have not been incurred) discounted at the financial asset&#8217;s original effective
interest rate.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Financial
assets and liabilities are offset, and the net amount reported in the statement of financial position, when there is a legally
enforceable right to offset the recognized amounts and there is an intention to settle on a net basis, or realize the asset and
settle the liability simultaneously.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.13.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Derivative
financial instruments and hedging activities and options&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
financial instruments are initially recognized at fair value. The method of recognizing the resulting gain or loss depends on
whether the derivative is designated as a hedging instrument, and if so, the nature of the item being hedged.</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group manages exposures to various risks using hedging instruments that provide coverage. The Group does not use derivative financial
instruments for speculative purposes. To date, the Group has used put and call options, foreign currency future and forward contracts
and interest rate swaps, as appropriate.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s policy is to apply hedge accounting where it is permissible under IFRS 9, practical to do so and its application
reduces volatility, but transactions that may be effective hedges in economic terms may not always qualify for hedge accounting
under IFRS 9.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
fair values of financial instruments that are traded in active markets are computed by reference to market prices. The fair value
of financial instruments that are not traded in an active market is determined by using valuation techniques. The Group uses its
judgment to select a variety of methods and make assumptions that are mainly based on market conditions existing at the end of
each reporting year.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
stock call options involving shares of subsidiaries agreed at a fixed price are accounted for under shareholders&#8217; equity.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.14.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Groups
of assets and liabilities held for sale&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
groups of assets and liabilities are classified as held for sale where the Group is expected to recover their value by means of
a sale transaction (rather than through use) and where such sale is highly probable. Groups of assets and liabilities held for
sale are valued at the lower of their net book value and fair value less selling costs.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.15.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade
and other receivables&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Trade
receivables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">An
allowance for doubtful accounts is recorded where there is objective evidence that the Group may not be able to collect all receivables
within their original payment term. Indicators of doubtful accounts include significant financial distress of the debtor, the
debtor potentially filing a petition for reorganization or bankruptcy, or any event of default or past due account.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
the case of larger non-homogeneous receivables, the impairment provision is calculated on an individual basis.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group collectively evaluates smaller-balance homogeneous receivables for impairment. For that purpose, they are grouped on the
basis of similar risk characteristics, and account asset type, collateral type, past-due status and other relevant factors are
taken into account.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
amount of the allowance is the difference between the asset&#8217;s carrying amount and the present value of estimated future
cash flows, discounted at the original effective interest rate. The carrying amount of the asset is reduced through the use of
a separate account, and the amount of the loss is recognized in the Statements of Income within &#8220;Selling expenses&#8221;.
Subsequent recoveries of amounts previously written off are credited against &#8220;Selling expenses&#8221; in the Statements
of Income.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.16.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
assets</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Other
assets are recognized initially at cost and subsequently measured at the acquisition cost or the net realizable value, the lower.
Within this item the Group includes CLN tokens (digital assets).&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.17.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade
and other payables&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Trade
payables are initially recognized at fair value and subsequently measured at amortized cost using the effective interest method.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.18.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
are recognized initially at fair value, net of transaction costs incurred. Borrowings are subsequently stated at amortized cost;
any difference between the proceeds (net of transaction costs) and the redemption value is recognized as finance cost over the
period of the borrowings using the effective interest method.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.19.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Provisions&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Provisions
are recognized when: (i) the Group has a present (legal or constructive) obligation as a result of past events; (ii) it is probable
that an outflow of resources will be required to settle the obligation; and (iii) a reliable estimate of the amount of the obligation
can be made. Provisions are not recognized for future operating losses.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group bases its accruals on up-to-date developments, estimates of the outcomes of the matters and legal counsel&#180;s experience
in contesting, litigating and settling matters. As the scope of the liabilities becomes better defined or more information is
available, the Group may be required to change its estimates of future costs, which could have a material adverse effect on its
results of operations and financial condition or liquidity.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Provisions
are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that
reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provisions
due to passage of time is recognized in the Statements of Income.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.20.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Onerous
contracts&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">A
provision for onerous contracts is recognized when the expected benefits are lower than the costs of complying with contractual
obligations. The provision is measured at the present value of the lower of the expected cost of terminating the contract and
the net expected cost of continuing the contract. Before recognizing a provision, the Group recognizes the impairment of the assets
related to the mentioned contract.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.21.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Irrevocable
right of use of the capacity of underwater communication lines</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Transactions
carried out to acquire an irrevocable right of use of the capacity of underwater communication lines are accounted for as service
contracts. The amount paid for the rights of use of the communication lines is recognized as &#8220;Prepaid expenses&#8221; under
trade and other receivables, and is amortized over a straight-line basis during the period set forth in the contract (including
the option term), which is the estimated useful life of such capacity.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.22.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Employee
benefits&#160;</b></font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Defined
contribution plans&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group operates a defined contribution plan, which is a pension plan under which the Group pays fixed contributions into a separate
entity. The Group has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets
to pay all employees the benefits relating to employee service in the current year or prior periods. The contributions are recognized
as employee benefit expense in the Statements of Income in the fiscal year they are due.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Termination
benefits&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Termination
benefits are payable when employment is terminated by the Group before the normal retirement date, or whenever an employee accepts
voluntary redundancy in exchange for these benefits. The Group recognizes termination benefits when it is demonstrably committed
to either terminating the employment of current employees according to a detailed formal plan without possibility of withdrawal
or as a result of an offer made to encourage voluntary termination as a result of redundancy.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(c)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Bonus
plans&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group recognizes a liability and an expense for bonuses based on a formula that takes into consideration the profit attributable
to the Company&#8217;s shareholders after certain adjustments. The Group recognizes a provision where contractually obliged or
where there is a past practice that has created a constructive obligation.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(d)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Defined
benefit plans&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s net obligation concerning defined benefit plans are calculated on an individual basis for each plan, estimating
the future benefits employees have gained in exchange for their services in the current and prior periods. The benefit is disclosed
at its present value, net of the fair value of the plan assets. Calculations are made on an annual basis by a qualified actuary.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(e)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share-based
payments&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of share-based payments is measured at the date of grant. The Group measures the fair value using the valuation technique
that it considers to be the most appropriate to value each class of award. Methods used may include Black-Scholes calculations
or other models as appropriate. The valuations take into account factors such as non-transferability, exercise restrictions and
behavioral considerations.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of the share-based payment is expensed and charged to income under the straight-line method over the vesting period
in which the right to the equity instrument becomes irrevocable (&#8220;vesting period&#8221;); such value is based on the best
available estimate of the number of equity instruments expected to vest. Such estimate is revised if subsequent information available
indicates that the number of equity instruments expected to vest differs from original estimates.&#160;&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(f)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
long-term benefits&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
net obligations of IDBD, DIC and its subsidiaries concerning employee long-term benefits, other than retirement plans, is the
amount of the minimum future benefits employees have gained in exchange for their services in the current and prior periods. These
benefits are discounted at their present values.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.23.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current
income tax, deferred income tax and minimum presumed income tax&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Tax
expense for the year comprises the charge for tax currently payable and deferred income. Income tax is recognized in the statements
of income, except to the extent that it relates to items recognized in other comprehensive income or directly in equity, in which
case, the tax is also recognized in other comprehensive income or directly in equity, respectively.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Current
income tax charge is calculated on the basis of the tax laws enacted or substantially enacted at the date of the Statements of
Financial Position in the countries where the Company and its subsidiaries operate and generate taxable income. The Group periodically
evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation.
The Group establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax is recognized, using the deferred tax liability method, on temporary differences arising between the tax bases of assets
and liabilities and their carrying amounts in the Consolidated Financial Statements. However, deferred tax liabilities are not
recognized if they arise from the initial recognition of goodwill; deferred income tax is not accounted for if it arises from
initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction
affects neither accounting nor taxable profit or loss. Deferred income tax is determined using tax rates (and laws) that have
been enacted or substantively enacted by the date of the Statements of Financial Position and are expected to apply when the related
deferred income tax asset is realized or the deferred income tax liability is settled.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax assets are recognized only to the extent that it is probable that future taxable profit will be available against which
the temporary differences can be utilized. Deferred income tax is provided on temporary differences arising on investments in
subsidiaries, joint ventures and associates, except for deferred income tax liabilities where the timing of the reversal of the
temporary difference is controlled by the Group and it is probable that the temporary difference will not reverse in the foreseeable
future.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets against current
tax liabilities and when the deferred income taxes assets and liabilities relate to income taxes levied by the same taxation authority
on either the same taxable entity or different taxable entities where there is an intention to settle the balances on a net basis.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group is able to control the timing of dividends from its subsidiaries and hence does not expect taxable profit. Hence, deferred
tax is recognized in respect of the retained earnings of overseas subsidiaries only if at the date of the Statements of Financial
Position, dividends have been accrued as receivable a binding agreement to distribute past earnings in future has been entered
into by the subsidiary or there are sale plans in the foreseeable future.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Entities
in Argentina are subject to the Minimum Presumed Income Tax (&#8220;MPIT&#8221;). Pursuant to this tax regime, an entity is required
to pay the greater of the income tax or the MPIT. The MPIT provision is calculated on an individual entity basis at the statutory
asset tax rate of 1% and is based upon the taxable assets of each company as of the end of the year, as defined by Argentine law.
Any excess of the MPIT over the income tax may be carried forward and recognized as a tax credit against future income taxes payable
over a 10-year period. When the Group assesses that it is probable that it will use the MPIT payment against future taxable income
tax charges within the applicable 10-year period, recognizes the MPIT as a current or non-current receivable, as applicable, within
&#8220;Trade and other receivables&#8221; in the Statements of Financial Position.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
minimum presumed income tax was repeeled by Law N &#176; 27,260 in its article 76 for the periods that begin as of January 1,
2019.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Regarding
the above mentioned, considering the recent Instruction No. 2 of the Federal Administration of Public Revenues (AFIP), it is not
appropriate to record the provision of the above mention tax, in the event that accounting and tax losses occur.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.24.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
and cash equivalents&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Cash
and cash equivalents include cash on hand, deposits held with banks, and other short-term highly liquid investments with original
maturities of three months or less. Bank overdrafts are not included.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.25.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Revenue
recognition&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Group's
revenue is measured at the fair value of the consideration received or receivable.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
from the sale of property is recognized when: (a) material risks and benefits derived from title to property have been transferred;
(b) the Company does not retain any management function on the assets sold nor does it have any control whatsoever on such assets;
(c) the amount of revenues and costs associated to the transaction may be measured on a reliable basis; and (d) the Company is
expected to accrue the economic benefits associated to the transaction.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
derived from the provision of services is recognized when: (a) the amount of revenue and costs associated to services may be measured
on a reliable basis; (b) the Company is expected to accrue the economic benefits associated to the transaction, and (c) the level
of completion of services may be measured on a reliable basis.</font></p>

<p style="text-align: left; font-size: 13px"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Rental
and services - Shopping malls portfolio&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenues
derived from business activities developed in the Group&#8217;s shopping malls mainly include rental income under operating leases,
admission rights, commissions and revenue from several complementary services provided to the Group&#8217;s lessees.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Rental
income from shopping mall, admission rights and commissions, are recognized in the Statements of Income on a straight-line basis
over the term of the leases. When lease incentives are granted, they are recognized as an integral part of the net consideration
for the use of the property and are therefore recognized on the same straight-line basis.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Contingent
rents, i.e. lease payments that are not fixed at the inception of a lease, are recorded as income in the periods in which they
are known and can be determined. Rent reviews are recognized when such reviews have been agreed with tenants.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s lease contracts also provide that common area maintenance charges and collective promotion funds of the Group&#8217;s
shopping malls are borne by the corresponding lessees, generally on a proportionally basis. These common area maintenance charges
include all expenses necessary for various purposes including, but not limited to, the operation, maintenance, management, safety,
preservation, repair, supervision, insurance and enhancement of the shopping malls. The lessor is responsible for determining
the need and suitability of incurring a common area expense. The Group makes the original payment for such expenses, which are
then reimbursed by the lessees. The Group considers that it acts as a principal in these cases. Service charge income is presented
separately from property operating expenses. Property operating expenses are expensed as incurred.</font></p>

<p style="text-align: left; font-size: 13px"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Rental
and services - Offices and other rental properties&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Rental
income from offices and other rental properties include rental income from offices leased out under operating leases, income from
services and expenses recovery paid by tenants.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Rental
income from offices and other rental properties is recognized in the Statements of Income on a straight-line basis over the term
of the leases. When lease incentives are granted, they are recognized as an integral part of the net consideration for the use
of the property and are therefore recognized on the same straight-line basis.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">A
substantial portion of the Group&#8217;s leases require the tenant to reimburse the Group for a substantial portion of operating
expenses, usually a proportionate share of the allocable operating expenses. Such property operating expenses include necessary
expenses such as property operating, repairs and maintenance, security, janitorial, insurance, landscaping, leased properties
and other administrative expenses, among others. The Group manages its own rental properties. The Group makes the original payment
for these expenses, which are then reimbursed by the lessees. The Group considers that it acts as a principal in these cases.
The Group accrues reimbursements from tenants as service charge revenue in the period the applicable expenditures are incurred
and is presented separately from property operating expenses. Property operating expenses are expensed as incurred.</font></p>

<p style="text-align: left; font-size: 13px"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
from supermarkets&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
from the sale of goods in the ordinary course of business is recognized at the fair value of the consideration collected or receivable,
net of returns and discounts. When the credit term is short and financing is that typical in the industry, consideration is not
discounted. When the credit term is longer than the industry&#8217;s average, in accounting for the consideration, the Group discounts
it to its net present value by using the client&#8217;s risk premium or the market rate. The difference between the fair value
and the nominal amount is accounted for under financial income. If discounts are granted and their amount can be measured reliably,
the discount is recognized as a reduction of revenue.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenues
from supermarkets have been recognized in discontinued operations. See Note 4.G.</font></p>

<p style="text-align: left; font-size: 13px"><font style="font: 10pt Times New Roman, Times, Serif">&#9679;</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
from communication services and sale of communication equipment&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
derived from the use of communication networks by the Group, including mobile phones, Internet services, international calls,
fixed line calls, interconnection rates and roaming service rates, are recognized when the service is provided, proportionally
to the extent the transaction has been realized, and provided all other criteria have been met for revenue recognition.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
from the sale of mobile phone cards is initially recognized as deferred revenue and then recognized as revenue as they are used
or upon expiration, whichever takes place earlier.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">A
transaction involving the sale of equipment to a final user normally also involves a service sale transaction. In general, this
type of sale is performed without a contractual obligation by the client to consume telephone services for a minimum amount over
a predetermined period. As a result, the Group records the sale of equipment separately and recognizes revenue pursuant to the
transaction value upon delivery of the equipment to the client. Revenue from telephone services is recognized and accounted for
as they are provided. When the client is bound to make a minimum consumption of services during a predefined period, the contract
formalizes a transaction of several elements and, therefore, revenue from the sale of equipment is recorded at an amount that
should not exceed its fair value, and is recognized upon delivery of the equipment to the client and provided the criteria for
recognition are met. The Group ascertains the fair value of individual elements, based on the price at which it is normally sold,
after taking into account the relevant discounts.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
derived from long-term contracts is recognized at the present value of future cash flows, discounted at market rates prevailing
on the transaction date. Any difference between the original credit and its net present value is accounted for as interest income
over the credit term.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.26.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cost
of sales&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
cost of sales of supermarkets, includes the acquisition costs for the products less discounts granted by suppliers, as well as
all expenses associated with storing and handling inventories. It also includes operational and management costs for shopping
malls held by the Group as part of its real estate investments.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s cost of sales in relation to the supply of communication services mainly includes the costs to purchase equipment,
salaries and related expenses, service costs, royalties, ongoing license dues, interconnection and roaming expenses, cell tower
lease costs, depreciation and amortization expenses and maintenance expenses directly related to the services provided.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.27.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cost
of borrowings and capitalization</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
costs for general and specific loans that are directly attributable to the acquisition, construction or production of suitable
assets for which a prolonged period is required to place them in the conditions required for their use or sale, are capitalized
as part of the cost of those assets until the assets are substantially ready for use or sale. The general loan costs are capitalized
according to the average debt rate of the Group. Foreign exchange differences for loans in foreign currency are capitalized if
they are considered an adjustment to interest costs. The interest earned on the temporary investments of a specific loan for the
acquisition of qualifying assets are deducted from the eligible costs to be capitalized. The rest of the costs from loans are
recognized as expenses in the period in which they are incurred.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.28.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
capital&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Ordinary
shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown
in equity as a deduction, net of tax, from the proceeds.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">When
any Group&#8217;s subsidiary purchases the Company&#8217;s equity share capital (treasury shares), the consideration paid, including
any directly attributable incremental costs (net of income taxes) is deducted from equity attributable to the Company&#8217;s
equity holders until the shares are cancelled or reissued. When such ordinary shares are subsequently reissued, any consideration
received, net of any directly attributable incremental transaction costs and related income tax effects, is included in equity.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Instruments
issued by the Group that will be settled by the Company delivering a fixed number of its own equity instruments in exchange for
a fixed amount of cash or another financial asset are classified as equity.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.29.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Comparability
of information&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font-family: Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">As
required by IFRS 3, the information of IDBD and DIC is included in the Consolidated Financial Statements of the Group from the
date that control was obtained, that is from October 11, 2015, and the prior periods were not modified by this situation. Therefore,
the consolidated financial information for periods after the acquisition is not comparable with prior periods. Additionally, results
for the fiscal year ended June 30, 2018 and 2017 includes 12 full months of results from IDBD and DIC, for the period beginning
April 1<font style="vertical-align: top">st</font> through March 31, while results for the fiscal year ended June 30, 2016 includes
the results from IDBD for the period beginning October 11, 2015 through March 31, 2016; both adjusted for significant transactions
that took place between April 1<font style="vertical-align: top">st. </font>and June 30. Hence, the result for the reported periods
are not comparable.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Furthermore,
during the fiscal year ended as of June 30, 2018 and 2016, the Argentine Peso devalued against the US Dollar and other currencies
by around 73% and 65%, respectively, which has an impact in comparative information presented in the Financial Statements, due
mainly to the currency exposure of our income and costs from the "Offices" segment, and our assets and liabilities in foreign
currency. During the fiscal year ended as of June 30, 2017, the devaluation of the Argentine Peso against the US Dollar was not
significant.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
balances as of June 30, 2017 and 2016, which are disclosed for comparative porpoises arise from the Consolidated Financial Statements
as of June 30, 2017. Certain items from prior fiscal years have been reclassified for consistency purposes. See Note 4.G. regarding
the loss of control in Shufersal.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.30.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Out-of-period
adjustments</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">During
the fiscal year ended June 30, 2017, the Group reclassified Ps. 31 into intangible assets, Ps. 224 into investment property, Ps.
59 into deferred tax liabilities and Ps. 133 into non-controlling interests, with modifications to such items by those amounts
for the previous fiscal year. These reclassifications were not material to the Financial Statements previously issued, and are
not material to these Consolidated Financial Statements, either individually or as a whole.</font></p><span></span>
</td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6894382528">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant judgments, key assumptions and estimates<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text">&#160;<span></span>
</td>
</tr>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory', window );">Significant judgments, key assumptions and estimates</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Significant judgments,
    key assumptions and estimates</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Not
all of these significant accounting policies require management to make subjective or complex judgments or estimates. The following
is intended to provide an understanding of the policies that management considers critical because of the level of complexity,
judgment or estimations involved in their application and their impact on the Consolidated Financial Statements. These judgments
involve assumptions or estimates in respect of future events. Actual results may differ from these estimates.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 18%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Estimation</b></font></td>
    <td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 45%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Main
    assumptions</b></font></td>
    <td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Potential
    implications</b></font></td>
    <td style="border-left: #000000 1px solid; width: 16%; border-top: #000000 1px solid; border-right: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Main
    references</b></font></td></tr>
<tr style="background-color: #ffffff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Business
    combination - Allocation of acquisition prices</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Assumptions
    regarding timing, amount of future revenues and expenses, revenue growth, expected rate of return, economic conditions, discount
    rate, among other.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Should
    the assumptions made be inaccurate, the recognized combination may not be correct.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    4 &#8211; Acquisitions and dispositions</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Recoverable
    amounts of cash-generating units (even those including goodwill), associates and assets.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">The
                                         discount rate and the expected growth rate before taxes in connection with cash-generating
                                         units.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">The discount rate and the expected growth
        rate after taxes in connection with associates.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Cash flows are determined based on past experiences
        with the asset or with similar assets and in accordance with the Group&#8217;s best factual assumption relative to the
        economic conditions expected to prevail.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Business continuity of cash-generating units.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Appraisals made by external appraisers and
        valuators with relation to the assets&#8217; fair value, net of realization costs (including real estate assets).</font></p></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Should
    any of the assumptions made be inaccurate, this could lead to differences in the recoverable values of cash-generating units.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">Note
                                         11 &#8211; Property, plant and equipment</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Note 13 &#8211; Intangible assets</font></p></td></tr>
<tr style="background-color: #ffffff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Control,
    joint control or significant influence</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Judgment
    relative to the determination that the Group holds an interest in the shares of investees (considering the existence and influence
    of significant potential voting rights), its right to designate members in the executive management of such companies (usually
    the Board of directors) based on the investees&#8217; bylaws; the composition and the rights of other shareholders of such
    investees and their capacity to establish operating and financial policies for investees or to take part in the establishment
    thereof.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Accounting
    treatment of investments as subsidiaries (consolidation) or associates (equity method)</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    2.3</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    useful life of intangible assets and property, plant and equipment</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    useful life of assets based on their conditions.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Recognition
    of accelerated or decelerated depreciation by comparison against final actual earnings (losses).</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">Note
                                         11 &#8211; Property, plant and equipment</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Note 13 &#8211; Intangible assets</font></p></td></tr>
<tr style="background-color: #ffffff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value valuation of investment properties</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value valuation made by external appraisers and valuators. See Note 10.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Incorrect
    valuation of investment property values</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">Note
                                         10 &#8211; Investment properties</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Income
    tax</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">The
                                         Group estimates the income tax amount payable for transactions where the Treasury&#8217;s
                                         Claim cannot be clearly determined.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Additionally, the Group evaluates the recoverability
        of assets due to deferred taxes considering whether some or all of the assets will not be recoverable.</font></p></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Upon
    the improper determination of the provision for income tax, the Group will be bound to pay additional taxes, including fines
    and compensatory and punitive interest.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    21 &#8211; Taxes</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Allowance
    for doubtful accounts</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">A
    periodic review is conducted of receivables risks in the Group&#8217;s clients&#8217; portfolios. Bad debts based on the expiration
    of account receivables and account receivables&#8217; specific conditions.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Improper
    recognition of charges / reimbursements of the allowance for bad debt.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    15 &#8211; Trade and other receivables</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Level
    2 and 3 financial instruments</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">Main
                                         assumptions used by the Group are:</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#9679;<font style="letter-spacing: 12px">&#160;</font>Discounted
        projected income by interest rate</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#9679;<font style="letter-spacing: 12px">&#160;</font>Values
        determined in accordance with the shares in equity funds on the basis of its Financial Statements, based on fair value
        or investment assessments.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#9679;<font style="letter-spacing: 12px">&#160;</font>Comparable
        market multiple (EV/GMV ratio).</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#9679;<font style="letter-spacing: 12px">&#160;</font><font style="color: #000000">Underlying
        asset price (Market price); share price volatility (historical) and market interest-rate (Libor rate curve).</font></font></p></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Incorrect
    recognition of a charge to income / (loss).</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    14 &#8211; Financial instruments by category</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Probability
    estimate of contingent liabilities.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; padding-left: 24px; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Whether
    more economic resources may be spent in relation to litigation against the Group; such estimate is based on legal advisors&#8217;
    opinions.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Charge
    / reversal of provision in relation to a claim.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    19 &#8211; Provisions</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Qualitative
    considerations for determining whether or not the replacement of the debt instrument involves significantly different terms</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">The
                                         entire set of characteristics of the exchanged debt instruments, and the economic parameters
                                         represented therein:</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Average lifetime of the exchanged liabilities;
        Extent of effects of the debt terms (linkage to index; foreign currency; variable interest) on the cash flows from the
        instruments.</font></p></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Classification
    of a debt instrument in a manner whereby it will not reflect the change in the debt terms, which will affect the method of
    accounting recording.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    13 &#8211; Financial instruments by category</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"></p><span></span>
</td>
</tr>
</table>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of judgements that management has made in the process of applying the entity's accounting policies that have the most significant effect on amounts recognised in the financial statements along with information about the assumptions that the entity makes about the future, and other major sources of estimation uncertainty at the end of the reporting period, that have a significant risk of resulting in a material adjustment to the carrying amounts of assets and liabilities within the next year. [Refer: Carrying amount [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852466256">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Acquisitions and disposals<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBusinessCombinationsExplanatory', window );">Acquisitions and disposals</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>4.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Acquisitions
    and disposals</b></font></td></tr>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operations
Center in Argentina</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>A)</b></font></td>
    <td style="text-align: justify; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Sale
    of ADS and shares from IRSA CP</u></b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">During
October 2017 and February 2018, IRSA and its subsidiaries completed the sale in the secondary market of 10,420,075 ordinary shares
of IRSA CP, par value Ps. 1 per share, represented by American Depositary Shares (&#8220;ADSs&#8221;), representing four ordinary
shares each, which represents nearly 8.27% of IRSA CP capital for a total amount of Ps. 2,489 (US$ 140). After the transaction,
IRSA&#8217;s direct and indirect interest in IRSA CP amounts to approximately 86.34%. This transaction was accounted in equity
as an increase in the equity attributable to the parent for an amount of Ps. 272, net of taxes.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 31.65pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>B)</b></font></td>
    <td style="text-align: justify; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Acquisition
    of Philips Building</u></b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 2.25pt 0 0.5in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
June 5, 2017, the Group, through IRSA CP, acquired the Philips Building located in Saavedra, Autonomous City of Buenos Aires,
next to the DOT Shopping Mall. The building has a constructed area of 10,142 square meters and is intended for office development
and lease. The acquisition price was US$ 29 million, which was fully paid up as of June 30, 2017. Furthermore, IRSA CP has signed
a bailment contract with the seller for a term of 7 months and 15 days, which has expired automatically on January 19, 2018.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operations
Center in Israel</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>A)</b></font></td>
    <td style="text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Purchase
    of DIC shares by Dolphin</u></b></font></td></tr>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
mentioned in Note 7, in connection with the Promotion of Competition and Reduction of Concentration Law in Israel, Dolphin Netherlands
B.V. made a non-binding tender offer for the acquisition of all DIC shares held by IDBD. For purposes of the transaction, a committee
of independent directors has been set up to assess the tender offer and negotiate the terms and conditions. The Audit Committee
has issued an opinion without reservations as to the transaction in accordance with the terms of section 72 et al. of the Capital
Markets Law N&#176; 26,831.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
November 2017, Dolphin IL, a subsidiary of Dolphin Netherlands B.V., has subscribed the final documents for the acquisition of
the total shares owned by IDBD in DIC.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
transaction has been made for an amount of NIS 1,843 (equivalent to NIS 17.20 per share of DIC). The consideration was paid NIS
70 in cash (equivalent to Ps. 348 as of the date of the transaction) and NIS 1,773 (equivalent to Ps. 8,814 as of the date of
the transaction) were financed by IDBD to Dolphin, maturing in five years, with the possibility of an extension of three additional
years in tranches of one year each, that will accrue an initial interest of 6.5% annually, which will increase by 1% annually
in case of extension for each annual tranch. Furthermore, guarantees have been implemented for IDBD, for IDBD bondholders and
their creditors, through pledges of different degree of privilege over DIC shares resulting from the purchase. Moreover, a pledge
will be granted in relation to 9,636,097 (equivalent to 6.38%) of the shares of DIC that Dolphin currently holds in the first
degree of privilege in favor of IDBD and in second degree of privilege in favor of IDBD's creditors. This transaction has no effect
in the Groups consolidation structure and has been accounted in equity as a decrease in the equity attributable to the parent
for an amount of Ps. 114.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>B)</b></font></td>
    <td style="text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Purchase
    of IDBD shares to IFISA</u></b></font></td></tr>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
December 2017, Dolphin Netherlands BV, has executed a stock purchase agreement for all of the shares that IFISA held of IDBD,
which amounted to 31.7% of the capital stock. In this way, as of that date, Dolphin holds the 100% of IDBD's shares.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
transaction was made at a price of NIS 398 (equivalent to NIS 1.894 per share and approximately to Ps. 1,968 as of the date of
the transaction). As consideration of the transaction all receivables from IFISA to Dolphin have been canceled plus a payment
of USD 33.7 (equivalents to Ps. 588 as of the date of the transaction). This transaction was accounted in equity as a decrease
in the equity attributable to the parent for an amount of Ps. 2,923.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>C)</b></font></td>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
May 1, 2017, August 30, 2017, January 1, 2018 and May, 2018 continuing with the instructions given by the Commissioner of Capital
Markets, Insurance and Savings of Israel, IDBD has sold in each of the abovementioned dates a 5% of its stake in Clal through
a swap transaction. The consideration was set at an amount of approximately NIS 644.5 (equivalent to approximately Ps. 3,228 considering
exchange date at each date). After the completion of the transaction, IDBD&#8217;s interest in Clal was reduced to 34.8% of its
share capital.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">On
April 6, 2017, Shufersal entered into an agreement (the "agreement") with Hamashbir 365 Holdings Ltd. ("the seller" or "Hamashbir")
for the purchase of the shares of New Pharm Drugstores Ltd. ("New Pharm"), representative of 100% of that Company&#8217;s share
capital ("the shares sold"). On December 20, 2017, the transaction was completed and Shufersal became the sole shareholder of
New Pharm prior to the sale of a Shufersal store and approval of the transaction by the antitrust commission. The price paid,
net of the respective adjustments to the transaction price, was NIS 126 (equivalent to Ps. 630 at the date of the transaction).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
    <td style="border-bottom: #000000 2px solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;630</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td></tr>
</table>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">If
New Pharm had been acquired since the beginning of the year, the Group's consolidated statement of income for the year ended June
30, 2018 would show a net pro-forma discontinued operations result of Ps. 12,189.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>E)</b></font></td>
    <td style="text-align: justify; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Increase
    of interest in Cellcom</u></b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
June 27, 2018, Cellcom raised its share capital for a gross total of NIS 280 million (approximately Ps. 2,212 as of that date).
DIC took part in such raise by acquiring 6,314,200 shares for a total amount of NIS 145.9 million (approximately Ps. 1,152). In
addition, on June 26, 2018, DIC engaged in a swap transaction with a bank for 1,150,000 shares of Cellcom from third parties.
The following are the main characteristics of the transaction:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.75in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#183;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">DIC has the voting
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.75in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#183;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The maturity of
    the swap is 90 days</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.75in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#183;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The impact in results
    of the swap transaction is the difference of the price per share between the subscription date and the date of its cancellation.
    </font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 1in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">After
the abovementioned transactions the equity interest that DIC has on Cellcom rose from 42.07% to 43.14% and the percentage of voting
rights rose from 45.45% to 46.16% without considering the swap transaction.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>F)</b></font></td>
    <td style="text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Negotiations
    between Israir and Sun d&#8217;Or</u></b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">On
June 30, 2017 IDB Tourism was at an advanced stage of negotiations with Sun d&#8217;Or International Airlines Ltd. (&#8220;Sun
d&#8217;Or&#8221;), a subsidiary of El Al Israel Airlines Ltd. ("El Al"), and on July 2, 2017 an agreement was signed, which has
been rejected by the Antitrust Commission on January 10, 2018.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
a consequence of this process, the Group&#8217;s Financial Statements as of June 30, 2018 and 2017 present the investment in Israir
as assets and liabilities held for sale, and a loss of nearly NIS 56 (approximately equivalent to Ps. 231 as of December 31, 2016
when it was reclassified to discontinued operation), as a result of measuring these net assets at the estimated recoverable value.
The Group is evaluating the reasons for the objection and has appealed this situation. The group evaluated that the criteria to
continue classifying the investment as discontinued operations as established by IFRS 5 are maintained.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>G)</b></font></td>
    <td style="text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Changes
    of interest in Shufersal</u></b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 53.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">During
the fiscal year ended June 30, 2017, the Group &#8211; through DIC and several transactions &#8211; increased its interest in
Shufersal capital stock by 7.7% upon payment of a net amount of NIS 235 (equivalent to approximately Ps. 935) and in March 2017,
DIC sold 1.38% of Shufersal in an amount of NIS 50 (equal to Ps. 210 as of that date) Additionally, on December 24, 2017, DIC
sold Shufersal shares, decreasing its stake from 53.30% to 50.12%. The consideration with respect to the sale of the shares amounted
to NIS 169.5 (equivalent to Ps. 847 on the day of the transaction). Both transactions were accounted for as an equity transaction
generating an increase in the equity attributable to the controlling shareholder in the amount of Ps. 287 and Ps. 385 respectively.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
June 16, 2018 DIC announced the sale of a percentage of its stake in Shufersal to institutional investors. The same was completed
on June 21, 2018. The percentage sold amounted to 16.56% and the net amount charged was approximately NIS 848 (equivalent to Ps.
6,420 on the day of the transaction), consequently DIC lost control of Shufersal, so the Group deconsolidated the subsidiary on
that date.&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Below
are the details of the sale:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 85%; padding-bottom: 2px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 15%; text-align: center; border-bottom: Black 2px solid"><p style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;06.30.2018&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Cash
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Remediation
    of the fair value of the remaining interest</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Total</font></td>
    <td style="border-bottom: #000000 2px solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;19,584</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Net
    assets disposed including goodwill</font></td>
    <td style="border-bottom: #000000 2px solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(8,501</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Gain
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    <td style="border-bottom: #000000 4px double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;11,083</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(*)
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<p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
following table details the net assets disposed:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 85%; padding-bottom: 2px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 15%; text-align: center; border-bottom: Black 2px solid"><p style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;06.30.2018&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Investment
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    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;4,489&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Property,
    plant and equipment</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;29,001&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Intangible
    assets</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7,108&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Investments
    in associates and joint ventures</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;401&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Restricted
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    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;91&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;12,240&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Investments
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    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,846&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Derivative
    financial instruments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;23&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Inventories</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6,276&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Cash
    and cash equivalents</font></td>
    <td style="border-bottom: #000000 2px solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;5,579</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>TOTAL
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Borrowings</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;21,310&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Deferred
    income tax liabilities</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,808&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;23,974&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Provisions</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;447&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Employee
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    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,279&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Salaries
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    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,392&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Income
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    <td style="border-bottom: #000000 2px solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>TOTAL
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Non-controlling
    interest</font></td>
    <td style="border-bottom: #000000 2px solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;7,335</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Net
    assets disposed including goodwill</b></font></td>
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</table>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;<br style="clear: both" /></font></p>

<table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>H)</b></font></td>
    <td style="text-align: justify; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Interest
    increase in DIC</u></b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">On
September 23, 2016 Tyrus acquired 8,888,888 of DIC&#8217;s shares from IDBD for a total amount of NIS 100 (equivalent to Ps. 401
as of that date), which represent 8.8% of the Company&#8217;s outstanding shares at such date.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">During
March 2017, IDBD exercised all of DIC&#8217;s Series 5 and 6 warrants for nearly NIS 210 (approximately equivalent to Ps. 882
as of that date), thereby increasing its direct interest in DIC to nearly 70% of such company&#8217;s share capital as of that
date and the Group's equity interest to 79.47%. Subsequently, third parties not related to the Group, exercised their warrants,
thus diluting the Group&#8217;s interest in DIC to 77.25%. This transaction was accounted for as an equity transaction generating
a decrease in equity attributable to the controlling shareholder in the amount of Ps. 413.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
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    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Sale
    of Adama</u></b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
August 2016, Koor and a subsidiary of ChemChina executed an agreement to obtain the 40% of the shares of Adama held by Koor. The
price of the transaction included a payment in cash of US$ 230 plus the total repayment of the non-recourse loan and its interests,
which had been granted to Koor by a Chinese bank. On November 22, 2016, the sale transaction was finalized and Koor received cash
in the amount of US$ 230. As of June 30, 2017, the Company recorded a gain of Ps. 4,216 pursuant to the sale. Our share in the
results of Adama was retrospectively classified as discontinued operations in the Group&#8217;s Consolidated Statements of Income
as from July 17, 2016 (Note 32).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>J)</b></font></td>
    <td style="text-align: justify; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Partial
    sale of equity interest in PBC</u></b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">DIC
sold 12% of its equity interest in PBC for a total consideration of NIS 217 (equivalent to approximately<br style="clear: both" />
Ps. 810); as a result, DIC&#8217;s interest in PBC has declined to 64.4%. This transaction was accounted for as an equity transaction
generating an increase in equity attributable to the controlling shareholder in the amount of Ps. 34.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>K)</b></font></td>
    <td style="text-align: justify; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Partial
    sale of equity interest in Gav Yam</u></b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.75in; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">On
December 5, 2016, PBC sold 280,873 shares of its subsidiary Gav-Yam Land Corporation Ltd. for an amount of NIS 391 (equivalent
to Ps. 1,616 as of that date). As a result of this transaction, the equity interest has decreased to 55.06%. &#160;This transaction
was accounted for as an equity transaction generating an increase in equity attributable to the controlling shareholder in the
amount of Ps. 184.</font></p><span></span>
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</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Section Disclosures<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=sect_Disclosures&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial risk management and fair value estimates<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>5.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial risk
    management and fair value estimates</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group's activities expose it to a variety of financial risks: market risk (including foreign currency risk, interest rate risk,
indexing risk due to specific clauses and other price risks), credit risk, liquidity risk and capital risk. Within the Group,
risk management functions are conducted in relation to financial risks associated to financial instruments to which the Group
is exposed during a certain period or as of a specific date.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
general risk management policies of the Group seek both to minimize adverse potential effects on the financial performance of
the Group and to manage and control the financial risks effectively. The Group uses financial instruments to hedge certain risk
exposures when deemed appropriate based on its internal management risk policies, as explained below.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Given
the diversity of characteristics corresponding to the business conducted in its operations centers, the Group has decentralized
the risk management policies geographically based on its two operations centers (Argentina and Israel) in order to identify and
properly analyze the various types of risks to which each subsidiary is exposed.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s principal financial instruments in the Operation Center in Argentina comprise cash and cash equivalents, receivables,
payables, interest bearing assets and liabilities, other financial liabilities, other investments and derivative financial instruments.
The Group manages its exposure to key financial risks in accordance with the Group&#8217;s risk management policies.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s management framework in the Operation Center in Argentina includes policies, procedures, limits and allowed types
of derivative financial instruments. The Group has established a Risk Committee, comprising members of senior management and a
member of Cresud&#8217;s Audit Committee (Parent Company of IRSA), which reviews and oversees management&#8217;s compliance with
these policies, procedures and limits and has overall accountability for the identification and management of risk across the
Group.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Given
the diversity of the activities conducted by IDBD, DIC and its subsidiaries, and the resulting risks, IDBD and DIC manage the
exposure to their own key financial risks and those of its wholly-owned subsidiaries (except for IDB Tourism) in conformity with
a centralized risk management policy, with the non-wholly owned IDBD and DIC subsidiaries being responsible for establishing the
risk policy, taking action to cover market risks and managing their activities in a decentralized way. Both IDBD and DIC as holding
and each subsidiary are responsible for managing their own financial risks in accordance with agreed global guidelines. The Chief
Financial Officers of each entity are responsible for managing the risk management policies and systems, the definition of hedging
strategies, insofar as applicable and based on any restriction that may be apply as a result of financial debt, the supervision
of its implementation and the answer to such restrictions. The management framework includes policies, procedures, limits and
allowed types of derivative financial instruments.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">This
section provides a description of the principal risks that could have a material adverse effect on the Group&#8217;s strategy
in each operations center, performance, results of operations and financial condition. The risks facing the businesses, set out
below, do not appear in any particular order of potential materiality or probability of occurrence.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
analysis of sensitivities to market risks included below are based on a change in one factor while holding all other factors constant.
In practice this is unlikely to occur, and changes in some of the factors may be correlated &#8211; for example, changes in interest
rate and changes in foreign currency rates.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">This
sensitivity analysis provides only a limited, point-in-time view. The actual impact on the Group&#8217;s financial instruments
may differ significantly from the impact shown in the sensitivity analysis.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 28.35pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)</b></font></td>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
market risk is the risk of changes in the market price of financial instruments with which the Group operates. The Group&#8217;s
market risks arise from open positions in foreign currencies, interest-bearing assets and liabilities and equity securities of
certain companies, to the extent that these are exposed to market value movements. The Group sets limits on the exposure to these
risks that may be accepted, which are monitored on a regular basis.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>Foreign
Exchange risk and associated derivative financial instruments</i></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group publishes its Consolidated Financial Statements in Argentine pesos but conducts operations and holds positions in other
currencies. As a result, the Group is exposed to foreign currency exchange risk through exchange rate movements, which affect
the value of the Group&#8217;s foreign currency positions. Foreign exchange risk arises when future commercial transactions or
recognized assets or liabilities are denominated in a currency that is not the entity&#8217;s functional currency.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
real estate, commercial and/or financial activities of the Group&#8217;s subsidiaries from the operations center in Argentina
have the Argentine Peso as functional currency. An important part of the business activities of these subsidiaries is conducted
in that currency, thus not exposing the Group to foreign exchange risk. Other Group's subsidiaries have other functional currencies,
principally US Dollar. In the ordinary course of business, the Group, through its subsidiaries, transacts in currencies other
than the respective functional currencies of the subsidiaries. These transactions are primarily denominated in US Dollars and
New Israeli Shekel. Net financial position exposure to the functional currencies is managed on a case-by-case basis, partly by
entering into foreign currency derivative instruments and/or by borrowings in foreign currencies, or other methods, considered
adequate by the Management, according to circumstances.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Financial
instruments are considered sensitive to foreign exchange rates only when they are not in the functional currency of the entity
that holds them. The following table shows the net carrying amounts of the Company&#8217;s financial instruments nominated in
US$ and NIS, broken down by the functional currencies in which the Company operates for the years ended June 30, 2018 and 2017.
The amounts are presented in Argentine Pesos, the presentation currency of the Group:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><i>1)
Operations Center in Argentina&#160;</i></font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;Net monetary position (Liability)/Asset&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Functional
    currency</b></font></td>
    <td><p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2018&#160;</font></p></td>
    <td colspan="2"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2017&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 55%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">US$&#160;</font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;US$&#160;</font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">NIS&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Argentine
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(13,324)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(11,436)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Uruguayan
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(368)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(131)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">US
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;1</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;(13,692</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">)</font></b></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;1</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td></tr>
</table>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group estimates that, other factors being constant, a 10% appreciation of the US Dollar against the respective functional currencies
at year-end for the Operations Center in Argentina would result in a net additional loss before income tax for the years ended
June 30, 2018 and 2017 for an amount of Ps. 1,369 and Ps. 1,157, respectively. A 10% depreciation of the US Dollar against the
functional currencies would have an equal and opposite effect on the statements of income.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">On
the other hand, the Group also uses derivatives, such as future exchange contracts, to manage its exposure to foreign currency
risk. As of June 30, 2018 and 2017 the Group has future exchange contracts pending for an amount of US$ 47.3 and US$ 12.9, respectively.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i>2)
Operations Center in Israel</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i>&#160;</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018 and 2017, the net position of financial instruments in US Dollars, which exposes the Group to the foreign currency
risk amounts to Ps. (7,180) and Ps. (4,376), respectively. The Group estimates that, other factors being constant, a 10% appreciation
of the US Dollar against the Israeli currency would increase loss before income tax for the year ended June 30, 2018 for an amount
of Ps. 718 (Ps. 438 loss in 2017).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i>&#160;</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>Interest
rate risk</i></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group is exposed to interest rate risk on its investments in debt instruments, short-term and long-term borrowings and derivative
financial instruments.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
primary objective of the Group&#8217;s investment activities is to preserve principal while at the same time maximizing yields
without significantly increasing risk. To achieve this objective, the Group diversifies its portfolio in accordance with the limits
set by the Group. The Group maintains a portfolio of cash equivalents and short-term investments in a variety of securities, including
both government and corporate obligations and money market funds.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s interest rate risk principally arises from long-term borrowings (Note 19). Borrowings issued at variable rates expose
the Group to cash flow interest rate risk. Borrowings issued at fixed rates expose the Group to fair value interest rate risk.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018 and 2017, 95.5% of the Group&#8217;s long-term financial loans in this operation center have a fixed interest
rate so that IRSA is not significantly exposed to the fluctuation risk of the interest rate.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i>1)
Operations Center in Argentina</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group manages this risk by maintaining an appropriate mix between fixed and floating rate interest bearing liabilities. These
activities are evaluated regularly to determine that the Group is not exposed to interest rate fluctuations that could adversely
impact its ability to meet its financial obligations and to comply with its borrowing covenants.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group occasionally manages its cash flow interest rate risk exposure by different hedging instruments, including but not limited
to interest rate swap, depending on each particular case. For example, interest rate swaps have the economic effect of converting
borrowings from floating rates to fixed rates or vice versa.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
interest rate risk policy is approved by the Board of Directors. Management analyses the Group&#8217;s interest rate exposure
on a dynamic basis. Various scenarios are simulated, taking into consideration refinancing, renewal of existing positions and
alternative financing sources. Based on these scenarios, the Group calculates the impact on profit and loss of a defined interest
rate shift. The scenarios are run only for liabilities that represent the major interest-bearing positions. Trade payables are
normally interest-free and have settlement dates within one year. The simulation is done on a regular basis to verify that the
maximum potential loss is within the limits set by management.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Note
19 shows a breakdown of the Group&#8217;s fixed-rate and floating-rate borrowings per currency denomination and functional currency
of the subsidiary that holds the loans for the fiscal years ended June 30, 2018 and 2017.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group estimates that, other factors being constant, a 1% increase in floating rates at year-end would increase net loss before
income tax for the years ended June 30, 2018 and 2017 in the amount of Ps. 15.1 and Ps. 6.6, respectively. A 1% decrease in floating
rates would have an equal and opposite effect on the Statement of Income.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i>2)
Operations Center in Israel</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">IDBD
manages the exposure to the interest rate risk in a decentralized way and it is monitored regularly by different management offices
in order to confirm that there are no adverse effects over its ability to meet its financial obligations and to comply with its
borrowings covenants.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018 and 2017, the 96.1% and 96.6%, respectively, of the Group&#8217;s long-term financial borrowings in this operations
center are at fixed interest rate, therefore, IDBD is not significantly exposed to the interest rate fluctuation risk.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">IDBD
estimates that, other factors being constant, a 1% increase in floating rates at year-end would increase net loss before income
tax for the year ended June 30, 2018, in Ps. 68, approximately (Ps. 21 approximately in 2017). A 1% decrease in floating rates
would have an equal and opposite effect on the Statement of Income.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>Risk
of fluctuations of the Consumer Price Index ("CPI") of Israel</i></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Operations Center in Israel has financial liabilities indexed by the Israeli CPI. As of the date of this Consolidated Financial
Statements, more than half of financial liabilities arising from the Operations Center in Israel were adjusted by the Israeli
CPI.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Net
financial position exposure to the Israeli CPI fluctuations is managed in a decentralized way on a case-by-case basis, by entering
into different derivative financial instruments, as the case may be, or by other methods, considered adequate by the Management,
based on the circumstances.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018, 44.8% of the loans are affected by the evolution of the CPI. A 1% increase in the CPI would generate a loss
of Ps. 721 (Ps. 427 for 2017) and a decrease of 1% generates a profit of Ps. 706 (Ps. 427 for 2017).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>Other
price risks</i></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group is exposed to equity securities price risk or derivative financial instruments because of investments held in entities that
are publicly traded, which were classified on the Consolidated Statements of Financial Position at &#8220;fair value through profit
or loss&#8221;. The Group regularly reviews the prices evolution of these equity securities in order to identify significant movements.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018 and 2017 the total value of Group&#8217;s investments in shares and derivative financial instruments of public
companies amounts to Ps. 391 and Ps. 300, respectively.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">In
the Operations Center in Israel the investment in Clal is classified on the Statements of Financial Position at &#8220;fair value
through profit or loss&#8221; and represents the most significant IDBD&#8217;s exposure to price risk. IDBD has not used hedging
against these risks (Note 13). IDBD regularly reviews the prices evolution of these equity securities in order to identify significant
movements.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group estimates that, other factors being constant, a 10% decrease in quoted prices of equity securities and in derivative financial
instruments portfolio at year-end would generate a loss before income tax for the year ended June 30, 2018 of Ps. 31 (Ps. 24 in
2017) for the Operations Center in Argentina and a loss before income tax for the year ended June 30, 2018 of Ps. 1,225 (Ps. 856
in 2017) for the Operations Center in Israel. An increase of 10% on these prices would have an equal and opposite effect in the
Statement of Income.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Georgia, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;
Credit risk management</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
credit risk arises from the potential non-performance of contractual obligations by the parties, with a resulting financial loss
for the Group. Credit limits have been established to ensure that the Group deals only with approved counterparties and that counterparty
concentration risk is addressed and the risk of loss is mitigated. Counterparty exposure is measured as the aggregate of all obligations
of any single legal entity or economic entity to the Group.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group is subject to credit risk arising from deposits with banks and financial institutions, investments of surplus cash balances,
the use of derivative financial instruments and from outstanding receivables</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">In
the Operations Center in Argentina, the credit risk is managed on a country-by-country basis. Each local entity is responsible
for managing and analyzing the credit risk. In the Operations Center in Israel, under the policy established by IDBD&#8217;s board
of directors, the management deposits excess cash in local banks which are not company creditors, in order to keep minimum risk
values in cash balances.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s policy in each operations center is to manage credit exposure from deposits, short-term investments and other financial
instruments by maintaining diversified funding sources in various financial institutions. All the institutions that operate with
the Group are well known because of their experience in the market and high credit quality. The Group places its cash and cash
equivalents, investments, and other financial instruments with various high credit quality financial institutions, thus mitigating
the amount of credit exposure to any one institution. The maximum exposure to credit risk is represented by the carrying amount
of cash and cash equivalents and short-term investments in the Statements of Financial Position.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i>1)
Operations Center in Argentina</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Trade
receivables related to leases and services provided by the Group represent a diversified tenant base and account for 91.7% and
89.6% of the Group&#8217;s total trade receivables of the operations center as of June 30, 2018 and 2017, respectively. The Group
has specific policies to ensure that rental contracts are transacted with counterparties with appropriate credit quality. The
majority of the Group&#8217;s shopping mall, offices and other rental properties&#8217; tenants are well recognized retailers,
diversified companies, professional organizations, and others. Owing to the long-term nature and diversity of its tenancy arrangements,
the credit risk of this type of trade receivables is considered to be low. Generally, the Group has not experienced any significant
losses resulting from the non-performance of any counterpart to the lease contracts and, as a result, the allowance for doubtful
accounts balance is low. Individual risk limits are set based on internal or external ratings in accordance with limits set by
the Group. If there is no independent rating, risk control assesses the credit quality of the customer, taking into account its
past experience, financial position, actual experience and other factors. Based on the Group&#8217;s analysis, the Group determines
the size of the deposit that is required from the tenant at inception. Management does not expect any material losses from non-performance
by these counterparties. See details on Note 14.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">On
the other hand, property receivables related to the sale of trading properties represent 2.1%, 4.4% of the Group&#8217;s total
trade receivables as of June 30, 2018 and 2017, respectively. Payments on these receivables have generally been received when
due. These receivables are generally secured by mortgages on the properties. Therefore, the credit risk on outstanding amounts
is considered very low.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i>2)
Operations Center in Israel</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">IDBD&#8217;s
primary objective for holding derivative financial instruments is to manage currency exchange rate risk and interest rate risk.
IDBD generally enters into derivative transactions with high-credit-quality counterparties and, by policy, limits the amount of
credit exposure to each counterparty. The amounts subject to credit risk related to derivative instruments are generally limited
to the amounts, if any, by which counterparty&#8217;s obligations exceed the obligations that IDBD has with that counterparty.
The credit risk associated with derivative financial instruments is representing by the carrying value of the assets positions
of these instruments.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
IDBD&#8217;s policy is to manage credit exposure to trade and other receivables within defined trading limits. All IDBD&#8217;s
significant counterparties have internal trading limits.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Trade
receivables from investment and development property activities are primarily derived from leases and services from shopping malls,
offices and other rental properties; receivables from the sale of trading properties and investment properties (primarily undeveloped
land and non-retail rental properties). IDBD has a large customer base and is not dependent on any single customer. The credits
for sales from the activities of telecommunications and supermarkets do not present large concentrations of credit risk, not depending
on a few customers and with most of their transactions in cash or with credit cards. (See Note 14 for details).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Georgia, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
Liquidity risk management</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group is exposed to liquidity risks, including risks associated with refinancing borrowings as they mature, the risk that borrowing
facilities are not available to meet cash requirements, and the risk that financial assets cannot readily be converted to cash
without loss of value. Failure to manage liquidity risks could have a material impact on the Group&#8217;s cash flow and Statements
of Financial Position.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Prudent
liquidity risk management implies maintaining sufficient cash, the availability of funding through an adequate amount of committed
credit facilities and the ability to close out market positions. Due to the dynamic nature of the underlying businesses, the Group
aims to maintain flexibility in funding its existing and prospective debt requirements by maintaining diversified funding sources.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Each
operation center monitors its current and projected financial position using several key internally generated reports: cash flow;
debt maturity; and interest rate exposure. The Group also undertakes sensitivity analysis to assess the impact of proposed transactions,
movements in interest rates and changes in property values on the key profitability, liquidity and balance sheet ratios.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
debt of each operation center and the derivative positions are continually reviewed to meet current and expected debt requirements.
Each operation center maintains a balance between longer-term and shorter-term financings. Short-term financing is principally
raised through bank facilities and overdraft positions. Medium- to longer-term financing comprises public and private bond issues,
including private placements. Financing risk is spread by using a variety of types of debt. The maturity profile is managed in
accordance with each operation center needs, by spreading the repayment dates and extending facilities, as appropriate.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
tables below show financial liabilities, including each operation center derivative financial liabilities groupings based on the
remaining period at the Statements of Financial Position to the contractual maturity date. The amounts disclosed in the tables
are the contractual undiscounted cash flows and as a result, they do not reconcile to the amounts disclosed on the Statements
of Financial Position. However, undiscounted cash flows in respect of balances due within 12 months generally equal their carrying
amounts in the Statements of Financial Position, as the impact of discounting is not significant. The tables include both interest
and principal flows.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Where
the interest payable is not fixed, the amount disclosed has been determined by reference to the existing conditions at the reporting
date.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;<i>&#160;</i></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><i>1)
Operations Center in Argentina&#160;</i></font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 40%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>June
    30, 2018</b></font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,277&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;127&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;12&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;10&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,429&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Borrowings
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7,787&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7,807&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,236&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;11,450&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;32,117&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Finance
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Derivative
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;46</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;46</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;7,920</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;11,499</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td>
    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;33,607</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 40%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>June
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;752&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;8&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;773&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;529&#160;</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;525&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Finance
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;4&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Derivative
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;5</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;5</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;10,769</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><i>2)
Operations Center in Israel&#160;</i></font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 40%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>June
    30, 2018</b></font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Total&#160;</b></font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
    and other payables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;12,080&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,191&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,326&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;14,597&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Borrowings</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;29,733&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;26,639&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;22,256&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;23,734&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;114,113&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;216,475&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Lease
    obligations</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;16&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;16&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Purchase
    obligations</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,921&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,823&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;639&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;347&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;229&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6,959&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Derivative
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;29,653</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td>
    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;24,221</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;238,055</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 40%; text-align: center; vertical-align: bottom"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Between 1 and 2 years&#160;</b></font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Between 2 and 3 years&#160;</b></font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Between 3 and 4 years&#160;</b></font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;16,850&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,584&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;692&#160;</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">See
Note 19 for a description of the commitments and restrictions related to loans and the ongoing renegotiations.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Georgia, Times, Serif; margin: 0 0 0 35.45pt; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;
Capital risk management</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
capital structure of the Group consists of shareholders&#8217; equity and net borrowings. The Group&#8217;s equity is analyzed
into its various components in the statements of changes in equity. Capital is managed so as to promote the long-term success
of the business and to maintain sustainable returns for shareholders. The Group seeks to manage its capital requirements to maximize
value through the mix of debt and equity funding, while ensuring that Group entities continue to operate as going concerns, comply
with applicable capital requirements and maintain strong credit ratings.<br style="clear: both" /></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group assesses the adequacy of its capital requirements, cost of capital and gearing (i.e., debt/equity mix) as part of its broader
strategic plan. The Group continuously reviews its capital structure to ensure that (i) sufficient funds and financing facilities
are available to implement the Group&#8217;s property development and business acquisition strategies, (ii) adequate financing
facilities for unforeseen contingencies are maintained, and (iii) distributions to shareholders are maintained within the Group&#8217;s
dividend distribution policy. The Group also protects its equity in assets by obtaining appropriate insurance.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s strategy is to maintain key financing metrics (net debt to total equity ratio or gearing and debt ratio) in order
to ensure that asset level performance is translated into enhanced returns for shareholders whilst maintaining an appropriate
risk reward balance to accommodate changing financial and operating market cycles.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
following tables details the Group&#8217;s key metrics in relation to managing its capital structure. The ratios are within the
ranges previously established by the Group&#8217;s strategy.&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Operation
Center in Argentina&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 55%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2018&#160;</font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2017&#160;</font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2016&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Gearing
    ratio (i)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;40.83%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;31.66%</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Debt
    ratio (ii)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;40.58%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;29.13%</font></td>
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Operation
Center in Israel&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 55%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2018&#160;</font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2017&#160;</font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2016&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Gearing
    ratio (i)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;82.85%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;81.95%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;82.74%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Debt
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;148.46%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;128.04%</font></td>
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Calculated
as total of borrowings over total borrowings plus equity attributable equity holders of the parent company.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(ii)</font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Calculated
as total borrowings over total properties (including trading properties, property, plant and equipment, investment properties
and rights to receive units under barter agreements).&#160;</font></p><span></span>
</td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the entity's financial risk management practices and policies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Segment information<br></strong></div></th>
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    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>6.</b></font></td>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">IFRS
8 requires an entity to report financial and descriptive information about its reportable segments, which are operating segments
or aggregations of operating segments that meet specified criteria. Operating segments are components of an entity about which
separate financial information is available that is evaluated regularly by the CODM. According to IFRS 8, the CODM represents
a function whereby strategic decisions are made and resources are assigned. The CODM function is carried out by the President
of the Group, Mr. Eduardo S. Elsztain. In addition, and due to the acquisition of IDBD, two responsibility levels have been established
for resource allocation and assessment of results of the two operations centers, through executive committees in Argentina and
Israel.&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Segment
information is reported from two perspectives: geographic presence (Argentina and Israel) and products and services. In each operations
center, the Group considers separately the various activities being developed, which represent reporting operating segments given
the nature of its products, services, operations and risks. Management believes the operating segment clustering in each operations
center reflects similar economic characteristics in each region, as well as similar products and services offered, types of clients
and regulatory environments.&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
of fiscal year 2018, the CODM reviews certain corporate expenses associated with each operation center in an aggregate manner
and separately from each of the segments, such expenses have been disclosed in the "Corporate" segment of each operation center.
Additionally, as of fiscal year 2018, the CODM also reviews the office business as a single segment and the entertainment business
in an aggregate and separate manner from offices, including that concept in the "Others" segment. Segment information for years
2017 and 2016 has been recast for the purposes of comparability with the present year.&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Below
is the segment information which was prepared as follows:&#160;</font></p>

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<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;&#160;&#160;&#160;&#160;&#160;&#160;
<b>Operations Center in Argentina:&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Within
this operations center, the Group operates in the following segments:&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
CODM periodically reviews the results and certain asset categories and assesses performance of operating segments of this operations
center 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 standards
used for the preparation of the Consolidated Financial Statements, except for the following:&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
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    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 Statement of Income line-by-line based on the percentage held in joint ventures rather
    than in a single item as required by IFRS. 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.</font></td></tr>
</table>
<p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
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    promotion funds (&#8220;FPC&#8221;, as per its Spanish acronym) 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).</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 21.3pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
assets&#8217; categories examined by the CODM are: investment properties, property, plant and equipment, trading properties, inventories,
right to receive future units under barter agreements, investment in associates and goodwill. The sum of these assets, classified
by business segment, is reported under &#8220;assets by segment&#8221;. Assets are allocated to each segment based on the operations
and/or their physical location.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Within
the Operations Center in Argentina, most revenue from its operating segments is derived from, and their assets are located in,
Argentina, except for the share of profit / (loss) of associates included in the &#8220;International&#8221; segment located in
USA.&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenues
for each reporting segments derive from a large and diverse client base and, therefore, there is no revenue concentration in any
particular segment.&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;&#160;&#160;&#160;&#160;&#160;&#160;
<b>Operations Center in Israel:</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Within
this operations center, the Group operates in the following segments:&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The <b>&#8220;Real
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    USA and other parts of the world and carries out commercial projects in Las Vegas, USA.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The <b>&#8220;Supermarkets&#8221;
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The <b>&#8220;Telecommunications&#8221;
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 31.65pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
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    </b>segment includes the investment in Clal, insurance company which main activities includes pension and social security
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    in a single line as a financial asset held for sale and valued at fair value.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">o</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The <b>&#8220;Corporate&#8221;
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
CODM periodically reviews the results and certain asset categories and assesses performance of operating segments of this operations
center based on a measure of profit or loss of the segment composed by the operating income plus the share of profit / (loss)
of associates and joint ventures. The valuation criteria used in preparing this information are consistent with IFRS standards
used for the preparation of the Consolidated Financial Statements.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
stated under Note 2, the Group consolidates results derived from its operations center in Israel with a three-month lag, adjusted
for the effects of significant transactions. Hence, IDBD&#8217;s results for the period extending from October 11, 2015 (acquisition
date) through March 31, 2016 are included under comprehensive income of the Group for the fiscal year ended June 30, 2016. For
the fiscal years ended June 30, 2018 and 2017, a full twelve-month period is consolidated, also with a three-month lag and adjusted
for the effects of significant transactions.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Goods
and services exchanged between segments are calculated on the basis of established prices. Intercompany transactions between segments,
if any, are eliminated.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"></p>

<p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Below
is a summary of the Group&#8217;s lines of business and a reconciliation between the results from operations as per segment information
and the results from operations as per the Statements of Income for the years ended June 30, 2018, 2017 and 2016:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%">
<tr style="vertical-align: bottom">
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 22%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Operations Center in Argentina</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Operations Center in Israel</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 5%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Total</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 13%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Elimination of inter-segment transactions
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Revenues</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"></p>

<table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="8"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2017</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 22%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Operations Center in Argentina</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 5%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="8"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2016</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 22%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 5%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(1)
Represents the equity value of joint ventures that were proportionately consolidated for information by segment purposes.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(2)
Corresponds to Shufersal&#8217;s deconsolidation, the Group lost control in June 2018. See Note 4.G.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(3)
Includes deferred income tax assets, income tax and MPIT credits, trade and other receivables, investment in financial assets,
cash and cash equivalents and intangible assets except for rights to receive future units under barter agreements, net of investments
in associates with negative equity which are included in provisions in the amount of Ps. 2,452, Ps. 72 and Ps. 45, as of June
30, 2018, 2017 and 2016, respectively.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Below
is a summarized analysis of the lines of business of Group&#8217;s operations center in Argentina for the fiscal years ended June
30, 2018, 2017 and 2016:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="8"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2018</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="8"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Operations Center in Argentina</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 20%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Shopping Malls</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Offices</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Sales and developments</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Corporate</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Total</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Revenues</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(1,066</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Gross
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;3,335</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(5</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></b></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Net
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(87)</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(57)</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Other
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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</table>
<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Includes the investments in Condor for Ps. 697 and New Lipstick for Ps. (2,437). See Note 18.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(**)
Includes the results of New Lipstick for Ps. (2,380). See Note 18&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">From
all the revenues corresponding to the Operations Center in Argentina, the 100% are originated in Argentina. No external client
represents 10% or more of revenue of any of the reportable segments.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">From
all of the assets corresponding to the Operations Center in Argentina segments, Ps. 68,094 are located in Argentina and Ps. (1,651)
in other countries, principally in USA for Ps. (1,653) and Uruguay for Ps. 2.&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2017</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">Operations Center in Argentina</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 20%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Shopping Malls</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Offices</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Hotels</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Corporate</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">Total</font></p>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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represents 10% or more of revenue of any of the reportable segments.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">From
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<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2016</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 20%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">From
all the revenues corresponding to the Operations Center in Argentina, the 100% are originated in Argentina. No external client
represents 10% or more of revenue of any of the reportable segments.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">From
all of the assets corresponding to the Operations Center in Argentina segments, Ps. 38,991 are located in Argentina and Ps. 303
in other countries, principally in USA for Ps. 145 and Uruguay for Ps. 158.&#160;</font></p>

<p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Below
is a summarized analysis of the lines of business of Group&#8217;s operations center in Israel for the years ended June 30, 2018,
2017 and 2016:</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2018</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 30%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;60,470&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Gross
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Net
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">General
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(878)</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2017</font></p>
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 30%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">Total</font></p>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 1px; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">From
all revenues corresponding to the Operations Center in Israel, Ps. 1,482 are originated in USA (Ps. 1,149 in 2017) and the remaining
in Israel. No external client represents 10% or more of the revenue of any of the reportable segments. From all assets corresponding
to the Operations Center in Israel segments, Ps. 34,930 are located in USA</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(Ps.
21,781 in 2017), Ps. 1,049 (Ps. 768 in 2017) in India and the remaining are located in Israel.&#160;</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for segment reporting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SegmentInformationAbstract</td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852496368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Information about the main subsidiaries<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InformationAboutMainSubsidiariesAbstract', window );"><strong>Information About Main Subsidiaries</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory', window );">Information about the main subsidiaries</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>7.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Information about
    the main subsidiaries</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">The
Group conducts its business through several operating and holding subsidiaries. The Group considers that the subsidiaries below
are the ones with significant non-controlling interests to the Group.&#160;</p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 30%"><font style="font: 13px Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%; border-top: #000000 1px solid">
        <p>&#160;</p>
        <p>Direct interest of non-controlling interest %(1)&#160;</p></td>
    <td style="width: 10%; border-top: #000000 1px solid">
        <p>&#160;</p>
        <p>Current Assets&#160;</p></td>
    <td style="width: 10%; border-top: #000000 1px solid">
        <p>&#160;</p>
        <p>Non-current Assets&#160;</p></td>
    <td style="width: 10%; border-top: #000000 1px solid">
        <p>&#160;</p>
        <p>Current Liabilities&#160;</p></td>
    <td style="width: 10%; border-top: #000000 1px solid">
        <p>&#160;</p>
        <p>Non-current Liabilities&#160;</p></td>
    <td style="width: 10%; border-top: #000000 1px solid">
        <p>&#160;</p>
        <p>Net assets&#160;</p></td>
    <td style="width: 10%; border-top: #000000 1px solid">
        <p>&#160;</p>
        <p>Book value of non-controlling interests&#160;</p></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 13px Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Elron</font></td>
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,933&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,610&#160;</font></td>
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;23,655&#160;</font></td>
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;21,730&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Cellcom (2)</font></td>
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;21,185&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;27,648&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;12,601&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;37,963</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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</table>
<p style="font-size: larger"></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 13px Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="7">
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="width: 30%; text-align: left; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Elron</font></td>
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    <td style="width: 10%"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,183&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&#160;</p>

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<tr style="vertical-align: bottom">
    <td style="width: 28%"><font style="font: 13px Times New Roman, Times, Serif">&#160;</font></td>
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        <p>&#160;</p></td>
    <td style="width: 8%; border-top: #000000 1px solid">
        <p>&#160;</p>
        <p>Net income / (loss)</p>
        <p>&#160;</p></td>
    <td style="width: 8%; border-top: #000000 1px solid">
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        <p>Total comprehensive income / (loss)</p>
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        <p>&#160;</p></td>
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        <p>&#160;</p></td>
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<tr style="vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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</table>
<p style="font-size: larger"></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(1,348)</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,378&#160;</font></td>
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&#160;</p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">(1)
Corresponds to the direct interest from the Group.</p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">(2)
DIC considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-&#224;-vis
other shareholders, being 46.16%, also taking into account the historic voting performance in the Shareholders&#8217; Meetings.</p>



<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Restrictions,
commitments and other relevant issues</u></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Analysis
of the impact of the Concentration Law</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
December 2013, was published in the Official Gazette of Israel the Promotion of Competition and Reduction of Concentration Law
N&#176;, 5774-13 (&#8216;the Concentration Law&#8217;) which has material implications for IDBD, DIC and its investors, including
the disposal of the controlling interest in Clal. In accordance with the provisions of the law, the structures of companies that
make public offer of their securities are restricted to two layers of public companies.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
November 2017, Dophin IL, a subsidiary of Dolphin Netherlands B.V. acquired all the shares owned by IDBD in DIC (See note 4).
Thus, the section required by the aforementioned law for the year 2017 is completed.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Prior
to December 31, 2019 the Group should reduce its control structure of companies that make public offer in Israel to two layers.
It currently has three layers of public companies (DIC, PBC and Gav-Yam). The management is analyzing which are the steps to retain
control over the Group subsidiaries and meet the requirements of the Law. These alternatives may include corporate reorganizations
of the Operations Center in Israel.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Dolphin
arbitration process</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">There
is an arbitration process going on between Dolphin and ETH (previous shareholder of IDBD) in relation to certain issues connected
to the control obtainment of IDBD. In the arbitration process the parties have agreed to designate Eyal Rosovshy and Giora Erdinas
to promote a mediation. On August 17, 2017, a mediation hearing was held and the parties failed to reach an agreement. On January
31, 2018, the parties agreed to follow the process in court. As of the date of presentation of these consolidated financial statements,
there have been no other developments in the process and it is still pending resolution. Management, based on the opinion of its
legal advisors, considers that the resolution of the present litigation will not have an adverse effect for Dolphin.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>IDBD:
Acquisition of non-controlling interest</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
March 2016, after the amendments to the agreements for the acquisition of the IDBD shares from its minority shareholders, Dolphin
acquired all the shares outstanding on March 29, 2016 from non-controlling shareholders of IDBD (except for those held by IFISA).
The price paid for each IDBD share held by non-controlling shareholders was NIS 1.25 per share in cash plus NIS 1.20 per share
in bonds of the IDBD Series 9 (the &#8220;IDBD Bonds&#8221;). Additionally, Dolphin undertook to pay NIS 1.05 per share (subject
to adjustments) in cash if Dolphin, either directly or indirectly, gained control of Clal (more than 30%), or else if IDBD sold
a controlling shareholding in Clal (more than 30% to a third party) under certain parameters (the &#8220;payment for Clal&#8221;),
which refers mainly to Clal&#8217;s sale price at a price which exceeds 75% of its book value upon execution of the sale agreement
(subject to adjustments) and, under certain circumstances, the proportion of Clal shares sold by IDBD. It is worth noting that,
the obligation to make such contingent payment will only expire if the sale of a controlling interest is completed (more than
30% to a third party), or if Dolphin obtains the control permission from Clal.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
addition, Dolphin agreed to pay certain minority shareholders which held warrants that were excersised until March 28, 2016 with
IDBD bonds (based on the adjusted nominal value, which was completed) in an amount equal to the difference between NIS 2.45 per
share and the exercise price of the warrants and to be entitled to the Clal payment.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
guaranty of the payment, Dolphin pledged 28% of its IDBD shares, as well as all its rights in relation to the subordinated loan
granted in the amount of NIS 210 on December 2015 to IDBD (see Note 27), until the payment obligation to Clal has been completed
or has expired&#160;after which the pledge will be discharged. Should new shares be issued by IDBD, Dolphin will have to pledge
additional shares until completing the 28% of all IDBD share capital. This pledge replaces the pre-existing pledge. Additionally,
Dolphin agreed not to exercise its right to convert the subordinated loans into shares of IDBD until the pledge described above
has been released.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
of the date of issuance of these Consolidated Financial Statements, the only outstanding payment is that owed to Clal, in the
event that the described conditions are fulfilled.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Capital
issuance in subsidiaries without participation of the Group</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">During
April 2017, Shufersal issued approximately 12 million shares for a total net consideration of NIS 210 (equivalent to approximately
Ps. 882 as of the date of the issuance). As a result of such issuance, DIC&#8217;s interest in Shufersal went down to nearly 56.11%.
In June 2017, Shufersal issued 8 million shares as part of a private offering for a total amount of NIS 139 (equivalent to approximately
Ps. 654 on the issue date), thus diluting DIC&#8217;s interest to 54.19%.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">During
April 2017, Gav Yam increased its share capital by NIS 180 (equivalent to approximately Ps. 810 on the issue date); PBC did not
take part in the offering, thus reducing its interest to 51.70% as of that date.</font></p><span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B4<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B4_a&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852578704">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments in associates and joint ventures<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
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<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>8.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments in
    associates and joint ventures</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Changes
if the Group&#8217;s investments in associates and joint ventures for the fiscal years ended June 30, 2018 and 2017 were as follows:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 69%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Beginning
    of the year </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,813</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,835</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in equity interest in associates and joint ventures</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">343</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,102</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Issuance
    of capital and contributions (ii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">156</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">160</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Capital
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(284)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(32)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Decrease
    for control obtainment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(59)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Distribution
    of non-controlling interest</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">107</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Decrease
    of interest in associate</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(339)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Share
    of (loss) / profit</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(701)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">378</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,056</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">232</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    to loans to associates (i)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(190)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    (ii) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(319)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(250)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Distribution
    for associate liquidation (iii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(72)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Incorporation
    of deconsolidated subsidiary, net (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,763</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Reclassification
    to held for sale</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(44)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(10,709)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">49</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>End
    of the year (iv) </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>22,198</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,813</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt Georgia, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"><font style="font: 10pt Times New Roman, Times, Serif">(i)&#160;
Corresponds to a reclassification made at the time of formalizing the loan repayment terms with the associate in the
Operations Center in Israel.</font></p>

<p style="font: 10pt Georgia, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"><font style="font: 10pt Times New Roman, Times, Serif">(ii)&#160;
See Note 29.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"><font style="font: 10pt Times New Roman, Times, Serif">(iii)
Corresponds to the distribution of the income from Baicom&#8217;s liquidation.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"><font style="font: 10pt Times New Roman, Times, Serif">(iv)
Includes Ps. (2,452) and Ps. (72) reflecting interests in companies with negative equity as of June 30, 2018 and 2017, respectively,
which are disclosed in &#8220;Provisions&#8221; (see Note 18).</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><br style="clear: both" /></font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 34.9pt"><font style="font: 10pt Times New Roman, Times, Serif">Below
is a detail of the investments and the values of the stake held by the Group in associates and joint ventures for the years ended
as of June 30, 2018 and 2017, as well as the Group's share of the comprehensive results of these companies for the years ended
on June 30, 2018, 2017 and 2016:</font></p>

<p style="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 21.25pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Name
    of the entity</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    ownership interest </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; width: 27%; padding-right: 5.4pt; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Associates</u></b></font></td>
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    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">New
    Lipstick (1)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">49.90%</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">49.90%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,452)</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,380)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(201)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(64)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">BHSA
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">29.91%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">30.66%</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,250</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,693</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">618</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">83</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">259</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Condor
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">18.90%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">28.72%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">25.53%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">696</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">634</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">450</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">53</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(27)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Adama
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">40.00%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,141</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBEL</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">45.40%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">45.40%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">45.40%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,049</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">768</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">389</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">262</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">194</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">33.56%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,763</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Other
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.00%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,610</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,552</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">978</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(322)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">465</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Joint
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Quality
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">50.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">50.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">50.00%</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,062</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">482</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">119</font></td>
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">La
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">15</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Mehadrin
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">961</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">309</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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</table>
<p style="font: 10pt/12pt Georgia, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="padding-bottom: 10pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">New
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Real
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(*)&#160;&#160;&#160;&#160;(178)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">BHSA
    (2)</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">448,689,072</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(***)&#160;&#160;1.500</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(***)&#160;&#160;2.238</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(***)&#160;&#160;8.719</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Condor
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">U.S.</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Hotel</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,198,225</font></td>
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    <td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(*)
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(*)
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Adama
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
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<tr>
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<tr>
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<tr>
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">La
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Mehadrin
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,509,889</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Other
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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</table>
<p style="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">New
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    debt. Metropolitan, a subsidiary of New Lipstick, has renegotiated its non-recourse debt with IRSA, which amounted to US$
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">BHSA
    is a full-service commercial bank offering a wide variety of banking activities and related financial services to individuals,
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    is Ps. 6.65 per share</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Condor
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(4)</font></td>
    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Adama
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Quality
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(6)</font></td>
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 28.3pt 0 14.2pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
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    balances as of June 30, 2018 correspond to the Financial Statements of BHSA prepared in accordance with BCRA standards. For
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    to IFRS have been considered.</font></td></tr>
</table>
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td style="text-align: justify; padding-right: 28.3pt"></td></tr></table>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Set
out below is summarized financial information of the associates and joint ventures considered to be material to the Group:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


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<tr>
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    of 06.30.18</u></b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-bottom: 10pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><u>Associates</u></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">BHSA
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">56,150</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">24,837</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">44,697</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">28,560</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">7,730</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(iii)</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,250</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBEL
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,965</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">418</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">584</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4,838</font></td>
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<tr>
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<tr>
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<tr>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-bottom: 10pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><u>Associates</u></font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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<tr>
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</table>
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<td style="width: 0"></td><td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td style="text-align: justify"></td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-bottom: 10pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><u>Associates</u></font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Mehadrin
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">395</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-bottom: 10pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><u>Associates</u></font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">BHSA
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(6,439)</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">475</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBEL
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(292)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(186)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">202</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1,590)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1,798)</font></td>
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<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><u>Joint
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Quality
    Invest (ii) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">237</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">237</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(11)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Mehadrin
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5,403</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">180</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">172</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(76)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(53)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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</table>
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; background-color: white"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td style="text-align: justify"></td></tr></table>

<table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/9.5pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify; padding-right: 15.55pt"><font style="font: 10pt Times New Roman, Times, Serif">Information
    under GAAP applicable in the associate and joint ventures&#180; jurisdiction.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/9.5pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)</font></td>
    <td style="text-align: justify; padding-right: 15.55pt"><font style="font: 10pt Times New Roman, Times, Serif">In
    March 2011, Quality acquired an industrial plant located in San Mart&#237;n, Province of Buenos Aires. The facilities are
    suitable for multiple uses. On January 20, 2015, Quality agreed with the Municipality of San Martin on certain re zoning and
    other urban planning matters (&#8220;the Agreement&#8221;) to surrender a non-significant portion of the land and a monetary
    consideration of Ps. 40 million, payable in two installments of Ps. 20 each, the first of which was actually paid on June
    30, 2015. In July 2017, the Agreement was amended as follows: 1) a revised zoning plan must be submitted within 120 days as
    from the amendment date, and 2) the second installment of the monetary considerations was increased to Ps. 71 million payables
    in 18 equal monthly installments. On March 8, 2018, it was agreed with the well-known Gehl Study (Denmark) - Urban Quality
    Consultant - the elaboration of a Master Plan, generating a modern concept of New Urban District of Mixed Uses.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/9.5pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(iii)</font></td>
    <td style="text-align: justify; padding-right: 15.55pt"><font style="font: 10pt Times New Roman, Times, Serif">Considering
    the effect of Treasury shares.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="background-color: white; font: 10pt/9.5pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(iv)</font></td>
    <td style="text-align: justify; padding-right: 15.55pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    of non-controlling interest.</font></td></tr>
</table>
<p style="font: 10pt/9.5pt Georgia, Times, Serif; margin: 0 15.55pt 0 14.2pt; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>BHSA
</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">BHSA
is subject to certain restrictions on the distribution of profits, as required by BCRA regulations.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018, BHSA has a remnant of 35.2 million Class C treasury shares of a par value of Ps. 1 received in 2009 as a result
of certain financial transactions. The Annual Shareholders' Meeting decided to allocate 35.1 million of such shares to an employee
compensation plan pursuant to Section 67 of Law 26,831. The remaining shares belong to third party holders of Stock Appreciation
Rights, who have failed to produce the documentation required for redemption purposes. As of June 30, 2018, considering the effect
of such treasury shares, the Group&#8217;s interest in BHSA amounts to 29.91%.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group estimated that the value in use of its investment in BHSA as of June 30, 2018 and 2017 amounted to Ps. 2,673, Ps. 4,134,
respectively. The value in use was estimated based on the present value of future business cash flows. The main assumptions used
were the following:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The Group considered
    7 years as the horizon for the projection of BHSA cash flows. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The &#8220;Private
    BADLAR&#8221; interest rate was projected based on internal data and information gathered from external advisors.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The projected exchange
    rate was estimated in accordance with internal data and external information provided by independent consultants.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">The discount rate used to discount actual dividend
    flows was 14.01% in 2018 and 12.99% in 2017.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">The sensitivity to a 1% increase in the discount
    rate would be a reduction in the value in use of Ps. 237 for 2018 and of Ps. 506 for 2017. The sensitivity to a 1% increase
    in the "Private BADLAR" interest rate it would be an increase in the value in use of Ps. 292 for 2018 and of Ps. 476 for 2017.</font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for interests in other entities.</p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment properties<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>9.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investment properties</b></font></td></tr>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Changes
in the Group&#8217;s investment properties according to the fair value hierarchy for the years ended June 30, 2018 and 2017 were
as follows:</font></p>

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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(5)</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">353</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Disposals</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(179)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(392)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(179)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(41)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">40,041</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,494</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    gain from fair value adjustment</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,437</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,332</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,143</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,310</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value at the end of the year</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,125</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>146,601</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>8,158</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>91,795</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Amortization charges of capitalized leasing costs were included in &#8220;Costs&#8221; in the Statements of Income (Note 23).</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following is the balance by type of investment property of the Group as of June 30, 2018 and 2017:</font></p>

<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">141,241</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">89,301</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Undeveloped
    parcels of land</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,608</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,647</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Properties
    under development</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,877</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>99,953</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Certain
investment property assets of the Group have been mortgaged or restricted to secure some of the Group&#8217;s borrowings and other
payables. Book amount of those properties amounts to Ps. 26,378, Ps. 40,719 as June 30, 2018 and 2017, respectively.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following amounts have been recognized in the Statements of Income:</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    and services income </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,671</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,711</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,268</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Direct
    operating expenses </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,046)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,838)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,888)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Development
    expenditures </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,731)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,397)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(11)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    realized gain from fair value adjustment of investment properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">227</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">128</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">908</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    unrealized gain from fair value adjustment of investment properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">22,542</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,325</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,651</font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i><u>Valuation
processes </u></i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i>&#160;</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s investment properties were valued at each reporting date by independent professionally qualified appraisers who
hold a recognized relevant professional qualification and have experience in the locations and segments of the investment properties
appraised. For all investment properties, their current use equates to the highest and best use.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Each
operations center has a team which reviews the appraisals performed by the independent appraisers (the &#8220;review team&#8221;).
The review team: i) verifies all major and important assumptions relevant to the appraisal in the valuation report from the independent
appraisers; ii) assesses property valuation movements compared to the valuation report from the prior period; and iii) holds discussions
with the independent appraisers.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;<br style="clear: both" /></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Changes
in Level 2 and 3 fair values, if any, are analyzed at each reporting date during the valuation discussions between the review
team and the independent appraisers. In the case of the Operations Center in Argentina, the Board of Directors ultimately approves
the fair value calculation for recording into the Financial Statements. In the case of the Operations Center in Israel, the appraisals
are examined by Israel Management and reported to the Financial Statements Committee.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i>&#160;</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i><u>Valuation
techniques used for the estimation of fair value of the investment property: </u></i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><i>&#160;</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">For
Shopping Malls in the Operations Center in Argentina and for rental properties in the Operations Center in Israel, the valuation
was determined using discounted cash flow (&#8220;DCF&#8221;) projections based on significant unobservable assumptions. The following
are the key assumptions:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Future rental cash
    inflows based on the location, type and quality of the properties and supported by the terms of the current lease contract,
    and considering the estimations of the variation in the Gross Domestic Product (GDP) and the estimated inflation rate given
    by external advisors. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Given the prevailing
    inflationary context in Argentina and the volatility of certain macroeconomic variables, it is not possible to rely on a relevant
    long-term interest rate in pesos to discount the projected cash flows for the shopping centers of the Argentine Operations
    Center. As a result, we proceeded to dollarize the projected cash flows through the future ARS / USD exchange rate curve provided
    by an external consultant and discounted it with a long-term interest rate in dollars, the weighted average cost of capital
    ("WACC").</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Cash flows from
    future investments, expansions, or improvements in shopping malls were not considered. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Estimated vacancy
    rates taking into account current and future market conditions once the current leases expire. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The projected cash
    flows in dollars were discounted using the weighted average cost of capital (WACC) as the discount rate for each valuation
    date in the Operation Center in Argentina and <font style="background-color: white">for the Israel Operations Center the discount
    rate used was one that reflects the specific risks of each property</font>. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Terminal value:
    a perpetuity calculated based on the cash flow of the last year of useful life was considered. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The cash flows for
    the concessions were projected until the due date of the concession determined in the current agreement. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Real lease agreements,
    where payments differ from the proper rent, if any, are subject to adjustments to reflect the actual payments made during
    the term of the lease. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Type of lessees
    that occupy the property, the future lessees that may occupy the property after leasing a vacant property, including a general
    creditworthiness assessment.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The allocation of
    responsibilities between the Group and the lessee as regards maintenance and insurance of the property.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 12pt; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The physical condition
    and remaining economic useful life of the property.</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt 49.65pt; text-align: justify"></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">For
offices and other rental properties in general in the Operations Center in Argentina, and undeveloped land in general, the valuation
was determined using transaction of market comparables. These values are adjusted for differences in key attributes such as location,
size of the property and quality of the interior design and for some undeveloped lands, the valuation methodology considered the
lowest average incidence values in the area, applying urbanistic indicators identical to those in the area of influence. The most
significant contribution to this market comparables&#8217; approach is the price per square meter.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">For
property under development the valuation is based on the estimated fair value of the investment property after completing the
construction, less the present value of the estimated construction costs expected to be incurred during completion of construction
works, considering a capitalization rate adjusted for risks and relevant features of the property provided that it is considered
reliable. In case the valuation is not considered reliable, it is based on costs incurred plus the fair value of the land at the
end of each year.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">It
can sometimes be difficult to reliably determine the fair value of the property under development. In order to assess whether
the fair value of the property under development can be determined reliably, Management considers the following factors, among
others:</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The provisions of
    the construction contract. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The stage of completion.
    </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Whether the project/property
    is standard (typical for the market) or non-standard. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The level of reliability
    of cash inflows after completion. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The development
    risk specific to the property. <br style="clear: both" /></font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Past experience
    with similar constructions. </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Status of construction
    permits. </font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">There
were no changes to the valuation techniques during the fiscal years ended June 30, 2018 and 2017.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
following table presents information regarding the fair value measurements of investment properties using significant unobservable
inputs (Level 3):</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="4" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity
    (i)</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.18</b></font></td>
    <td colspan="2" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.17</b></font></td></tr>
<tr>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Description</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Valuation
    technique</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 27%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Parameters</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Range
    fiscal year 2018</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Increase</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Decrease</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Increase</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Decrease</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties in Israel - Offices (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7.00%
    a 9.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,556)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,864</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,040)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,193</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average rental value per square meter (m2) per month, in NIS</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    63</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3,037</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,037)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,772</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,772)</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties in Israel - Commercial use (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7.00%
    a 9.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,322)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,457</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(759)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">853</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average rental value per square meter (m2) per month, in NIS</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    87</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,640</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,640)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,003</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,003)</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties in Israel - Industrial use (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7.75%
    a 9.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(477)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">538</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(316)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">377</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average rental value per square meter (m2) per month, in NIS</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    31</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">996</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(996)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">599</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(599)</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties in USA - HSBC Building (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6.25%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,212)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,269</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(715)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">765</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average rental value per square meter (m2) per month, in USD</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">USD
    73</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,654</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,654)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,497</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,497)</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties in USA - Las Vegas project (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8.50%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(134)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">141</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(86)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">91</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average rental value per square meter (m2) per month, in USD</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">USD
    33</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">301</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(301)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">200</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(200)</font></td></tr>
<tr>
    <td rowspan="4" style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Shopping
    Malls in Argentina (Level 3)</font></td>
    <td rowspan="4" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9.79%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(5,046)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,796</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,948)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,445</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Growth
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,104</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,307)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,464</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,794)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Inflation</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(*)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,035</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,643)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,684</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,425)</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Devaluation</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(*)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,554)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9,831</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4,703)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,054</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Plot
    of land in Argentina (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Comparable
    with incidence adjustment</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Value
    per square meter (m2)</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9,200</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">64</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">65</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">18</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(52)</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">%
    of incidence</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3.00%</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,165</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2,167)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,168</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1,202)</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Properties
    under development in Israel (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    fair value of the investment property after completing the construction</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average construction cost per square meter (m2) in NIS</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,787
    NIS/m2 </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    weighted average discount rate</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7.00%
    a 9.00%</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(377)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">377</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(437)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">437</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">(*)
For the next 5 years, an average AR$ / US$ exchange rate with an upward trend was considered, starting at Ps. 19.51 (corresponding
to the year ended June 30, 2018) and arriving at Ps. 49.05. In the long term, a nominal devaluation rate of 5.6% calculated based
on the quotient between inflation in Argentina and the United States is assumed. The considered inflation shows a downward trend,
which starts at 25.0% (corresponding to the year ended June 30, 2018) and stabilizes at 8% after 10 years. These premises were
determined at the closing date of the fiscal year.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Considering an increase or decrease of: 100 points for the discount and growth rate in Argentina, 10% for the incidence and inflation,
20% for the devaluation, 50 points for the discount rate of Israel and USA, and 1% for the value of the m2.</font></p><span></span>
</td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for investment property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=sect_Disclosure&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6853212272">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Property, plant and equipment<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Property, plant and equipment</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Changes
in the Group&#8217;s property, plant and equipment for the years ended June 30, 2018 and 2017 were as follows:</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Buildings
    and facilities</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    networks</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Others</b></font><font style="font: 10pt Times New Roman, Times, Serif"><br /><font style="line-height: 115%"><b>(i)</b></font></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Balance
    at June 30, 2016</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Costs
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">13,886</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">3,203</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">5,974</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">2,776</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">25,839</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Accumulated
    depreciation </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(613)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(390)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(564)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(223)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,790)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Net
    book amount at June 30, 2016</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>13,273</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>2,813</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>5,410</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>2,553</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>24,049</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">737</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">634</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">711</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">669</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">2,751</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Disposals
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(4)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(8)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(23)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(206)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(241)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Reclassification
    to assets held for sale </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(28)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(16)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,513)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,557)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Impairment
    / recovery</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">12</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">12</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">2,948</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">627</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1,148</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">290</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">5,013</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Transfers
    from / to investment properties </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(156)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(156)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Depreciation
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(627)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(588)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,084)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(459)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(2,758)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Balance
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>16,155</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>3,462</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>6,162</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>1,334</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>27,113</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Costs
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">17,573</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">4,614</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">8,156</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1,973</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">32,316</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Accumulated
    depreciation </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,418)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,152)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,994)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(639)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(5,203)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Net
    book amount at June 30, 2017</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>16,155</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>3,462</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>6,162</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>1,334</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>27,113</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1,098</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">999</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">971</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">916</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">3,984</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Disposals
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(17)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(24)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(45)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(9)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(95)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Deconsolidation
    (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(22,744)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(5,941)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(316)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(29,001)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Impairment
    / recovery</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(69)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(69)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Assets
    incorporated by business combination (iii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">104</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">113</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">217</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">9,057</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">2,418</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">3,827</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1,030</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">16,332</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Transfers
    to investment properties </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,568)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,568)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Depreciation
    charges (ii) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(903)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(713)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,297)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(597)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(3,510)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Balance
    at June 30, 2018</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>1,113</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>314</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>9,618</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>2,358</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>13,403</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Costs
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1,809</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">489</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">14,975</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">4,093</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">21,366</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Accumulated
    depreciation </font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,735)</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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</table>
<p style="font: 10pt/7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/7pt Georgia, Times, Serif; margin: 0; text-align: justify; text-indent: -14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)&#160;&#160;&#160;
Includes furniture and fixtures, vehicles and aircrafts which have been reclassified to held for sale. (See Note 4)</font></p>

<p style="font: 10pt/7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: -14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)As
of June 30, 2018 and 2017, depreciation charges of property, plant and equipment were recognized: Ps. 1,764 and Ps. 1,522 in "Costs",
Ps. 175 and Ps. 251 in "General and administrative expenses" and Ps. 32 and Ps. 889 in "Selling expenses", respectively in the
Statements of Income, (Note 23). In addition, a depreciation charge in the amount of Ps. 1,539 and Ps. 96, was recognized in "Discontinued
operations" as of June 30, 2018 and 2017, respectively.</font></p>

<p style="font: 10pt/7pt Georgia, Times, Serif; margin: 0; text-align: justify; text-indent: -14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(iii)&#160;&#160;
See Note 4.D. Includes other non-significant business combinations.</font></p><span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for property, plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=sect_Disclosure&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883955056">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trading properties<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Changes
in the Group&#8217;s trading properties for the fiscal years ended June 30, 2018 and 2017 were as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
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    properties</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Properties
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Undeveloped
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>At
    June 30, 2016</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>236</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,533</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,202</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,971</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,188</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">39</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,229</font></td></tr>
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    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">152</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">652</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">971</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(414)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">13</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">13</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td></tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(714)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,417)</font></td></tr>
<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,972</b></font></td>
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<tr>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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<tr>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(353)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Disposals
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(516)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,717)</font></td></tr>
<tr>
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<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 62%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,018</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,532</font></td></tr>
<tr>
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<tr>
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<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 42.55pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 42.55pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Includes
Zetol and Vista al Muelle plots of land, which have been mortgaged to secure Group's borrowings. The net book value amounted to
Ps. 306 and Ps. 190 as of June 30, 2018 and 2017, respectively. Additionally, the Group has contractual obligations not provisioned
related to these plot of lands committed when certain properties were acquired or real estate projects were approved, and amount
to Ps. 372 and<br style="clear: both" />
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<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0 58.1pt 0 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
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    at June 30, 2016</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Costs
    </font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,378</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">817</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,923</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,189</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,458</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,979</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    amortization </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(23)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(58)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(704)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(241)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(190)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,216)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    book amount at June 30, 2016</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,214</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,355</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>759</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,219</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>948</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,268</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,763</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">582</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">30</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">612</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Disposals
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(52)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(52)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Out-of-year
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">31</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">31</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to assets held for sale</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(81)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(36)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(21)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(44)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(182)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(13)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(13)</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">507</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">732</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">148</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">494</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">233</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">170</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,284</font></td></tr>
<tr>
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    charges (i)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(52)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(115)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,115)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(453)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(347)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,082)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at June 30, 2017</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,778</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,954</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>792</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,562</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,289</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,012</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,387</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Costs
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,778</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,029</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,002</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,746</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,103</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,659</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,317</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    amortization </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(75)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(210)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,184)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(814)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(647)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,930)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    book amount at June 30, 2017</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,778</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,954</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>792</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,562</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,289</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,012</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,387</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">567</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">80</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">647</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to trading properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Assets
    incorporated by business combination (iv) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">994</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">15</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,009</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deconsolidation
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,666)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,393)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(442)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<tr>
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<tr>
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<tr>
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    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,086</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,274</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,657</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,933</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,281</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,695</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">20,926</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    amortization </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(197)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(481)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4,632)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,627)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,692)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    book amount at June 30, 2018</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,086</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,077</b></font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: justify; padding-right: 15.6pt"><font style="font: 10pt Times New Roman, Times, Serif">Amortization
    charge was recognized in the amount of Ps. 482 and Ps. 487 under "Costs", in the amount of Ps. 399 and Ps. 333 under "General
    and administrative expenses" and Ps. 880 and Ps. 1,231 under "Selling expenses" as of June 30, 2018 and 2017, respectively
    in the Statements of Income (Note 23). In addition, a charge of Ps. 238 and Ps. 31 was recognized under "Discontinued operations"
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</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="text-align: justify; padding-right: 15.6pt"><font style="font: 10pt Times New Roman, Times, Serif">Includes
    "Rights to receive future units under barter agreements". Corresponds to receivables in kind representing the right to receive
    residential apartments in the future under barter agreements. Caballito: On June 29, 2011, the Group and TGLT entered into
    a barter agreement in the amount of US$ 12.8. In 2013, a neighborhood association secured a preliminary injunction which suspended
    the works to be carried out by TGLT in the property and started a claim against GCBA and TGLT. As a consequence of the unfavorable
    rulings rendered by lower courts and appellate courts in the cited proceeding, the Group and TGLT reached a settlement agreement
    dated December 30 2016, whereby they agreed to provide a deed for the revocation of the barter agreement, after TGLT resolved
    certain issues. Consequently, the Group has decided to deregister the intangible asset related to this transaction, thus recognizing
    a loss of Ps. 27.7. Subsequently, on April 26, 2018, the deed for the revocation was signed, which extinguished the obligations
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</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="text-align: justify; padding-right: 15.6pt"><font style="font: 10pt Times New Roman, Times, Serif">The
    goodwill assigned to real estate in Israel amounts to NIS 155 (Ps. 907 at the exchange rate at the end of the financial year
    2018), that assigned to telecommunications amounts to NIS 268 (Ps. 2,114 at the exchange rate at the end of the financial
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883987936">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial instruments by category<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentsByCategoryAbstract', window );"><strong>Financial Instruments By Category</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory', window );">Financial instruments by category</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>13.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial instruments by category</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.75in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
note shows the financial assets and financial liabilities by category and a reconciliation to the corresponding line in the Consolidated
Statements of Financial Position, as appropriate. Since the line items &#8220;Trade and other receivables&#8221; and &#8220;Trade
and other payables&#8221; contain both financial instruments and non-financial assets or liabilities (such as prepayments, trade
receivables, trade payables in-kind and tax receivables and payables), the reconciliation is shown in the columns headed &#8220;Non-financial
assets&#8221; and &#8220;Non-financial liabilities&#8221;. Financial assets and liabilities measured at fair value are assigned
based on their different levels in the fair value hierarchy.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">IFRS
9 defines the fair value of a financial instrument as the amount for which an asset could be exchanged, or a financial liability
settled, between knowledgeable, willing parties in an arm&#8217;s length transaction. All financial instruments recognized at
fair value are allocated to one of the valuation hierarchy levels of IFRS 7. This valuation hierarchy provides for three levels.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
the case of Level 1, valuation is based on quoted prices (unadjusted) in active markets for identical assets and liabilities that
the Company can refer to at the date of valuation. In the case of Level 2, fair value is determined by using valuation methods
based on inputs directly or indirectly observable in the market. If the financial instrument concerned has a fixed contract period,
the inputs used for valuation must be observable for the whole of this period. In the case of Level 3, the Group uses valuation
techniques not based on inputs observable in the market. This is only permissible insofar as no market data is available. The
inputs used reflect the Group&#8217;s assumptions regarding the factors which market players would consider in their pricing.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;<br style="clear: both" /></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s Finance Division has a team in place in charge of estimating the valuation of financial assets required to be reported
in the Consolidated Financial Statements, including the fair value of Level-3 instruments. The team directly reports to the Chief
Financial Officer ("CFO"). The CFO and the valuation team discuss the valuation methods and results upon the acquisition of an
asset and, as of the end of each reporting period.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">According
to the Group&#8217;s policy, transfers among the several categories of valuation are recognized when occurred, or when there are
changes in the prevailing circumstances requiring the transfer.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
assets and financial liabilities as of June 30, 2018 are as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets at amortized cost (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    financial assets</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-financial
    assets</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    1</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    2</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    3</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets
    as per Statement of Financial Position</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other receivables (excluding the allowance for doubtful accounts and other receivables) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,648</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,648</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,246</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,894</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in financial assets:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Public companies&#8217; securities </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">135</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">135</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">135</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Private companies&#8217; securities </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,168</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,168</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,168</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,397</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,397</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,397</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Bonds </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">505</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">515</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">515</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Others</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">793</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">793</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">793</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Investments in financial assets with quotation</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,198</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,198</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,198</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Foreign-currency future contracts </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">71</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">71</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">71</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Others </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Restricted
    assets (ii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,289</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,289</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,289</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    assets held for sale:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Clal </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,254</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,254</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,254</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Cash at bank and on hand </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,452</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,452</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,452</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Short-term investments </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">28,334</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,531</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">30,865</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">30,865</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    assets </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>61,130</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>37,983</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>592</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,096</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>101,801</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,246</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>107,047</b></font></td></tr>
</table>
<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at amortized cost (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    financial liabilities</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-financial
    liabilities</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    1</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    2</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    3</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities
    as per Statement of Financial Position</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other payables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,265</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,265</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,836</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,101</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    (excluding finance leases) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">206,617</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">206,617</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">206,617</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Foreign-currency future contracts</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Swaps</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">47</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">47</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">47</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Others</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">24</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Forwards </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">118</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">118</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">118</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    liabilities </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>216,882</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>8</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>173</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>24</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>217,087</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,836</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>224,923</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">The fair value of financial assets and liabilities
    at their amortized cost does not differ significantly from their book value, except for borrowings (Note 20).</font></td></tr>
</table>
<p style="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
assets and financial liabilities as of June 30, 2017 were as follows:</font></p>

<p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets at amortized cost (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    financial assets</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-financial
    assets</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    1</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    2</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    3</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets
    as per Statements of Financial Position</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other receivables (excluding the allowance for doubtful accounts and other receivables) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,731</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,731</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,819</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">22,550</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in financial assets:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Public companies&#8217; securities </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">82</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">82</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">82</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Private companies&#8217; securities </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">964</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">964</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">964</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,235</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,235</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,235</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">425</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">425</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">425</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Investments in financial assets with quotation</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,017</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,017</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,017</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Warrants</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Foreign-currency future contracts </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">27</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">27</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">27</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Swaps </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">29</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">29</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">29</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Restricted
    assets (ii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">954</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">954</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">954</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    assets held for sale:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Clal </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,562</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,562</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,562</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Cash at bank and on hand </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,529</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,529</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,529</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Short term investments </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14,510</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,815</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,325</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,325</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    assets </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>43,959</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>21,394</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>507</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,819</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>70,725</b></font></td></tr>
</table>
<p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at amortized cost (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    liabilities at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    financial liabilities</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    liabilities</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    3</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities
    as per Statement of Financial Position</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other payables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,166</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,166</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,713</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,879</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    (excluding finance leases) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">129,411</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">129,411</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">129,411</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Foreign-currency future contracts</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Forwards </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">152</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">167</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">167</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    liabilities </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>145,577</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>5</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>157</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>10</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>145,749</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,713</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>153,462</b></font></td></tr>
</table>
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0pt"></td><td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td></td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">The fair value of financial assets and liabilities
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Corresponds to deposits in guarantee and escrows.</font></td></tr>
</table>
<p style="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Liabilities
carried at amortized cost also include liabilities under finance leases where the Group is the lessee and which therefore have
to be measured in accordance with IAS 17 &#8220;Leases&#8221;. The categories disclosed are determined by reference to IFRS 9.
Finance leases are excluded from the scope of IFRS 7 &#8220;Financial Instruments Disclosures&#8221;. Therefore, finance leases
have been shown separately.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following are details of the book value of financial instruments recognized, which were offset in the statements of financial
position:</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>As
    of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>As
    of June 30, 2017</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross
    amounts recognized</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross
    amounts offset</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    amount presented</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross
    amounts recognized</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross
    amounts offset</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    amount presented</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other receivables (excluding the allowance for doubtful accounts and other receivables)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">19,523</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(875)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,648</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">19,602</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(871)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,731</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other payables</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,140</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(875)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,265</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">17,037</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(871)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,166</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Income,
expense, gains and losses on financial instruments can be assigned to the following categories:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 45%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets / liabilities at amortized cost</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets / liabilities at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    income</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">740</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">740</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    expense</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(7,745)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(7,745)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange (losses) / gains, net</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9,864)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9,864)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividend
    income</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">40</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">42</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">82</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Loss
    on debt swap</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,228)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,228)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Capitalized
    finance costs</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">74</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">74</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value gain on financial assets at fair value through profit or loss (i) </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">426</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">426</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Loss)
    / Gain on derivative financial instruments, net</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">169</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">170</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
    finance costs</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(356)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(356)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    (loss) / income (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(19,338)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>637</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(18,701)</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets / liabilities at amortized cost</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets / liabilities at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">704</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">704</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,092)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,092)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange (losses) / gains, net</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,079)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,075)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Finance
    cost charged</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividend
    income</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">33</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">35</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">68</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value gain on financial assets at fair value through profit or loss</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,928</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,928</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Loss)
    / Gain on derivative financial instruments, net</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(46)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">158</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">112</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
    finance costs</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(743)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(743)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    (loss) / income (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(7,220)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,125</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(4,095)</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Times New Roman, Times, Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 45%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets / liabilities at amortized cost</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 22%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets / liabilities at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">619</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">619</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    expense</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,307)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(23)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,330)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange (losses) / gains, net</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,053)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,047)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividend
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value gain on financial assets at fair value through profit or loss</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,445)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,445)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Loss)
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">927</font></td>
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<tr>
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<tr>
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<tr>
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</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Included within
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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</table>
<p style="font: 10pt/11pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Clal</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Clal
is a holding company that mainly operates in the insurance and pension markets and in segments of pension funds. The company holds
assets and other businesses (such as insurance agencies) and is one of the largest insurance groups in Israel. Clal mainly develops
its activities in three operating segments: long-term savings, general insurance and health insurance.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Given
that IDBD failed to meet the requirements set forth to have control over an insurance company, on August 21, 2013, the Commissioner
required that IDBD granted an irrevocable power of attorney to Mr. Moshe Tery ("the Trustee") for the 51% of the shareholding
capital and vote interests in Clal, thus transferring control over that investee. From such date, IDBD recognized its equity interest
in Clal as a financial asset held for sale, at fair value through profit or loss.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
December 30, 2014, the Commissioner sent an additional letter setting a term by which IDBD&#8217;s control over and equity interests
in Clal were to be sold and giving directions as to the Trustee&#8217;s continuity in office, among other aspects.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
sale arrangement outlined in the letter involves IDBD&#8217;s and the Trustee&#8217;s interests in the sale process under different
options and timeframes. The current sale arrangement involved the sale of the interest in the stock exchange or by over-the-counter
trades, as per the following detail and by the following dates:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;<br style="clear: both" /></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">a.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Sell at least 5%
    of its equity interest in Clal, since May 7, 2016.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">b.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Sell at least an
    additional 5% of its equity interest in Clal, during each of the subsequent four-month periods.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">c.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">If IDBD sells more
    than 5% of its equity interest in Clal in any given four-month period, the percentage in excess of the required 5% would be
    offset against the percentage required in the following period.</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
case IDBD does not fulfill its obligation in the manner described in the above paragraph the Trustee is entitled to act upon the
specified arrangement in lieu of IDBD, pursuant to all powers that have been vested under the representations of the trust letter.
The consideration for the sale would be transferred to IDBD, with the expenses incurred in the sale process to be solely borne
by IDBD.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">On
May 1, 2017 IDBD agreed to sell the 5% of Clal&#8217;s shares jointly with a swap transaction. Hence, the shares were sold on
May 4 without any type of encumbrances, at a price of NIS 59.86 each (i.e., for a total of roughly NIS 166, equivalent to nearly
Ps. 697 at the exchange rate prevailing on that date). Such request had the consent of the Trustee and a statement from the Commissioner
stating that such body does not object to the swap transaction.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Concurrently
with the sale, IDBD entered into a swap transaction with a banking institution whereby the former will charge or pay for the difference
between the sale value of the shares above described and the value such shares will have at the time they are sold to the third-party
buyer upon the lapse of a 24-month period. IDBD cannot repurchase such shares, in addition, other sales transactions were made
under this modality on August 30, 2017, January 1, 2018 and May 3, 2018 (see Note 4.C.). IDBD continues to evaluate courses of
action with regard to the District Court&#8217;s pronouncement, including the possibility to file a motion for appeal.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Based
on the terms and conditions of the swap contract, IDBD maintains the major risks and benefits of all of Clal shares; as a result,
as of June 30, 2018, all of Clal shares were reported as a financial asset held for sale and a liability associated to the swap
in the amount of Ps. 4,465. Valuation of mentioned shares as of June 30, 2018 amounts to Ps. 7,787, and a loss of Ps. 1,826 has
been recorded, reflecting the increase/decrease in the market price and the swap costs in financial results, net.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">During
the fiscal year ended June 30, 2018, shares of private companies were transferred from level 3 to level 1 when they began trading.
During the year ended June 30, 2017 and 2016, there were no transfers between levels of the fair value hierarchy. When there are
no quoted prices available in an active market, fair values (especially derivative instruments) are based on recognized valuation
methods. The Group uses a range of valuation models for the measurement of Level 2 and Level 3 instruments, details of which may
be obtained from the following table.</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top">
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 38%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 19%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: top">
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Pricing
    model / method</b></font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Parameters</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Range</b></font></td></tr>
<tr style="vertical-align: top">
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3.3</font></td></tr>
<tr style="vertical-align: top">
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cash
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td></tr>
<tr style="vertical-align: top">
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Preferred
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    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Binomial
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Underlying
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Market
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<tr style="vertical-align: top">
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Promissory
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Market
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="vertical-align: top">
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Warrants
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Black-Scholes
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Underlying
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="vertical-align: top">
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
    3</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="vertical-align: top">
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        <p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    revenues and discounting rate.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in financial assets - Other private companies&#8217; securities (*)</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Cash
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    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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                                         revenue discounted at the discount rate</font></p>
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        fair value or investments assessments.</font></p></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Level
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    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">1
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in financial assets - Others </font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows -&#160;&#160;Theoretical price</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        fair value or investment assessments.</font></p></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Level
    3</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">1
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments - Forwards</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Theoretical
    price</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Underlying
    asset price and volatility</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Level
    2 and 3</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
An increase in the discount rate would decrease the value of investments in private companies, while an increase in projected
revenues would increase their value.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;<br style="clear: both" /></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018, there have been no changes to the economic or business circumstances affecting the fair value of the financial
assets and liabilities of the group.</font></p>



<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table presents the changes in Level 3 financial instruments as of June 30, 2018 and 2017:</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 14%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments
    in financial assets - Public companies&#8217; Securities</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Derivative
    financial instruments - Forwards</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments
    in financial assets - Private companies&#8217; Securities</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investment
    in financial assets - Others</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Loans
    - non-recourse loan</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances
    at June 30, 2016</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>499</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,324</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>140</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(10,999)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(9,036)</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    and acquisitions </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">65</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(8)</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">44</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">21</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">169</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">242</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">436</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Reclassification
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,272</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,272</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Write
    off </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(702)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(146)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(782)</font></td></tr>
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">199</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(515)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(955)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances
    at June 30, 2017</b></font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    and acquisitions </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">34</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">526</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">560</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    to level 1 (ii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(100)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(100)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    to current trade and other receivables</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(14)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">489</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">78</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">553</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deconsolidation
    (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(126)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(126)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Write
    off </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(67)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(67)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Gain
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">120</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(93)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">189</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">216</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances
    at June 30, 2018</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>135</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(24)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,168</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>793</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<p style="font: 10pt/8pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Included within
    &#8220;Financial results, net&#8221; in the Statements of income.</font></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Section Scope<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=sect_Scope&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852379632">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade and other receivables<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text">&#160;<span></span>
</td>
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    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>14.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade and other
    receivables </b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Group&#8217;s
trade and other receivables as of June 30, 2018 and 2017 were as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale,
    leases and services receivables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">15,728</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,127</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Less:
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(805)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(312)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    trade receivables</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>14,923</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,815</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Prepaid
    expenses </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,734</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,532</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings,
    deposits and other debit balances </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,289</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,378</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Advances
    to suppliers </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">733</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">825</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    credits</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">355</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">216</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Others
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,055</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">472</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    other receivables</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>8,166</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,423</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    trade and other receivables</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23,089</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22,238</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,142</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,974</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">14,947</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">17,264</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23,089</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22,238</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Book
amounts of Group's trade and other receivables in foreign currencies are detailed in Note 30.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of current receivables approximates their respective carrying amounts because, due to their short-term nature, the
effect of discounting is not considered significant. The present value of receivables related to installment sales of communication
devices, made by Cellcom, was calculated using a discount rate of 3.3%. The amount of this<br style="clear: both" />
non-current trade receivables is Ps. 3,188 as of June 30, 2018.The book value of other non-current receivables is, or approximates,
its fair value on the balance sheet date. Fair values are based on discounted cash flows (Level 3).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
accounts receivables are generally presented in the Statements of Financial Position net of allowances for doubtful accounts.
Impairment policies and procedures by type of receivables are discussed in detail in Note 2. Movements on the Group&#8217;s allowance
for doubtful accounts were as follows:</font></p>

<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 68%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Beginning
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>312</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>173</b></font></td></tr>
<tr>
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    (i)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">315</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">234</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">622</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">182</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deconsolidation
    (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(142)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Used
    during the year</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(274)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(266)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>End
    of the year </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>805</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>312</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The creation and
    release of the provision for impaired receivables have been included in &#8220;Selling expenses&#8221; in the Statements of
    Income (Note 23).</font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s trade receivables comprise several classes. The maximum exposure to credit risk at the reporting date is the carrying
amount of each class of receivables (see Note 5). The Group also has receivables from related parties neither of them is due nor
impaired.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Due
to the distinct characteristics of each type of receivables, an aging analysis of past due unimpaired and impaired receivables
is shown by type and class, as of June 30, 2018 and 2017 (a column of non-past due receivables is also included so that the totals
can be reconciled with the amounts appearing on the Statement of Financial Position):</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Past
    due</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Up
    to 3 months</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>From
    3 to 6 months</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Over
    6 months</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-past
    due</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impaired
    </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    of representation</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Additions
    / (reversals) for doubtful accounts</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Leases
    and services </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">280</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">42</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">92</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,094</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">200</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,708</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10.86%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(79)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Hotel
    services </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">782</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">237</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">68</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">502</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,589</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10.10%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Consumer
    financing </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.10%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale
    of properties and developments </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">25</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">43</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.27%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale
    of communication equipment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,184</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,184</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">32.96%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Telecommunication
    services </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,101</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">87</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,188</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">45.70%</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(190)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,072</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>43</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>354</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>13,454</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>805</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,728</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>100%</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(269)</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Leases
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">104</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">946</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">145</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,287</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7.98%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(40)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Hotel
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Consumer
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.10%</font></td>
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    </font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">17</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">61</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,156</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,719</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,875</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">30.23%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(168)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Telecommunication
    services </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">482</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">110</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,805</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">86</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,483</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">21.60%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">38</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,228</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">76</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,342</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">39.33%</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2017</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>642</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>28</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,334</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,767</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>356</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,127</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>100%</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(208)</b></font></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of trade and other receivables. [Refer: Trade and other receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852226128">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cash flow information<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>15.</b></font></td>
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<p style="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Following
is a detailed description of cash flows generated by the Group&#8217;s operations for the years ended June 30, 2018, 2017 and
2016:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 63%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">21,295</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,220</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(12,479)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4,093)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(817)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>Adjustments
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Income
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(124)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,766</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,325</font></td></tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,737</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,377</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,531</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Loss
    from disposal of property, plant and equipment </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">35</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    gain from fair value adjustment of investment properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4,352)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(17,549)</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">41</font></td></tr>
<tr>
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    Charge for impairment of property, plant and equipment</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(12)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Expenses
    from sale of investment properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derecognition
    of intangible assets by TGLT agreement</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">28</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Result
    from business combinations</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(8)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Disposal
    of disused investment properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">24</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Gain
    from disposal of associates</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(311)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    results, net </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">19,334</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,052</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,036</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Reversal
    of cumulative translation adjustment</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(41)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(100)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Provisions
    and allowances </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">372</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">113</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">191</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Share
    of loss / (profit) of associates and joint ventures</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">721</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(106)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(508)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>Changes
    in operating assets and liabilities:</i></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Increase)
    / decrease in inventories</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(21)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">51</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Decrease
    in trading properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">499</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">510</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">189</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in trade and other receivables</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(19)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(986)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(547)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in trade and other payables</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">907</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">147</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">160</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in salaries and social security liabilities</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">53</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">48</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">20</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Decrease
    in provisions</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(202)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(85)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(127)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    cash generated by continuing operating activities before income tax paid</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,176</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,736</b></font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    cash generated by discontinued operating activities before income tax paid</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,144</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows balances incorporated as result of business combination / deconsolidation or reclassification of assets
and liabilities to held for sale of subsidiaries:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 5%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investment
    properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(4,382)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">29,586</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Property,
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(28,801)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,712</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">15,104</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trading
    properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,656</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Intangible
    assets </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(6,188)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">19</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6,603</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in associates and joint ventures</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(365)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(74)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9,268</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">53</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(4,681)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other receivables </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(11,905)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">591</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9,713</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investment
    in financial assets</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2,846)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5,824</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(23)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(54)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Inventories</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(5,896)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,919</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Restricted
    assets</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(91)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Group
    of assets held for sale</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">91</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    assets held for sale</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">21,050</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(60,306)</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,796</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,254</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(47)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(405)</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>(9,636)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>532</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>(538)</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(5,554)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">150</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Non-controlling
    interest </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">7,329</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">40</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(8,630)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">74</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(26)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,391</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>(7,787)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>696</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>(7,777)</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">67</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Seller
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(38)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cash
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(150)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9,193</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>613</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,416</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows a detail of significant non-cash transactions occurred in the years ended June 30, 2018, 2017 and 2016:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Shareholders' Equity<br></strong></div></th>
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    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>16.</b></font></td>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Share
capital and share premium</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
share capital of the Group is represented by common shares with a nominal value of Ps. 1 per share and one vote each. No other
activity has been recorded for the fiscal years ended June 30, 2018, 2017 and 2016 in the capital accounts, other than those related
to the acquisition of treasury shares.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Inflation
adjustment of share capital </u></font></p>

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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s Financial Statements were previously prepared on the basis of general price-level accounting which reflected changes
in the purchase price of the Argentine Peso in the historical Financial Statements through February 28, 2003. The inflation adjustment
related to share capital was appropriated to an inflation adjustment reserve that formed part of shareholders' equity. The balance
of this reserve could be applied only towards the issuance of common stock to shareholders of the Company. CNV General Ruling
592/11 requires that at the transition date to IFRS certain equity accounts, such as the inflation adjustment reserve, are not
adjusted and are considered an integral part of share capital.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Legal
reserve</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">According
to Law N&#176; 19,550, 5% of the profit of the year is destined to the constitution of a legal reserve until it reaches the legal
capped amount (20% of total capital). This legal reserve is not available for dividend distribution and can only be released to
absorb losses. The Group did not reach the legal limit of this reserve.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Special
reserve</u></font></p>

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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
CNV, through General Ruling N&#176; 562/9 and 576/10, has provided for the application of Technical Resolutions N&#176; 26 and
29 of the FACPCE, which adopt the IFRS, as issued by the IASB, for companies subject to the public offering regime ruled by Law
17,811, due to the listing of their shares or corporate notes, and for entities that have applied for authorization to be listed
under the mentioned regime. The Group has applied IFRS, as issued by the IASB, for the first time in the year beginning July 1<sup>st</sup>,
2012, being its transition date July 1<sup>st</sup>, 2011. Pursuant to CNV General Ruling N&#176; 609/12, the Company set up a
special reserve reflecting the positive difference between the balance of retained earnings disclosed in the first Financial Statements
prepared according to IFRS and the balance of retained earnings disclosed in the last Financial Statements prepared in accordance
with previously effective accounting standards. The reserve recorded amounted to Ps. 395, which as of June 30, 2017 were fully
used to absorb the negative balances in the retained earnings</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">account.
During fiscal year ended June 30, 2017, the Company&#8217;s Board of Directors decided to change the accounting policy of investment
property from the cost method to the fair value method, as allowed by IAS 40. For this reason, as of the transition date, figures
have been modified and, hence, the special reserve as set forth by General Ruling CNV N&#176; 609/12 has been increased to Ps.
2,751, which may only be reversed to be capitalized or to absorb potential negative balances under retained earnings.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Additional
paid-in capital from treasury shares</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Upon
sale of treasury shares, the difference between the net realizable value of the treasury shares sold and the acquisition cost
will be recognized, whether it is a gain or a loss, under the non-capitalized contribution account and will be known as &#8220;Treasury
shares trading premium&#8221;.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Dividends
</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Shareholders Meeting held as of October 31, 2017 approved the dividends distribution of Ps. 1,400 (Ps. 2.41 per share), which
were paid as of November 7, 2017. During the year ended June 30, 2017, there were no distributions of dividends.</font></p><span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for share capital, reserves and other equity interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6868581872">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade and other payables<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesAbstract', window );"><strong>Trade and other payables [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory', window );">Trade and other payables</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>17.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade and other
    payables</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Group&#8217;s
trade and other payables as of June 30, 2018 and 2017 were as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2017</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    payables</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9,688</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14,793</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sales,
    rental and services payments received in advance </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,572</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,339</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Construction
    obligations</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,475</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,226</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Accrued
    invoices </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">948</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">633</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">37</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">73</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    trade payables</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,720</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>21,064</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    payable to non-controlling shareholders </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">123</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">251</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    payables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">325</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">510</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Construction
    obligations</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">521</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">343</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
    payables</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,412</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,711</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    other payables</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,381</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,815</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    trade and other payables</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>18,101</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23,879</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,484</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,040</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">14,617</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">20,839</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>18,101</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23,879</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>&#160;</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of payables approximates their respective carrying amounts because, due to their short-term nature, the effect of discounting
is not considered significant. Fair values are based on discounted cash flows (Level 3).</font></p><span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of trade and other payables. [Refer: Trade and other payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883897680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Provisions<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionsAbstract', window );"><strong>Provisions [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>18.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Provisions </b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group is subject to claims, lawsuits and other legal proceedings in the ordinary course of business, including claims from clients
where a third party seeks reimbursement or damages. The Group&#8217;s responsibility under such claims, lawsuits and legal proceedings
cannot be estimated with certainty. From time to time, the status of each major issue is evaluated and its potential financial
exposure is assessed. If the potential loss involved in the claim or proceeding is deemed probable and the amount may be reasonably
estimated, a liability is recorded. The Group estimates the amount of such liability based on the available information and in
accordance with the provisions of the IFRS. If additional information becomes available, the Group will make an evaluation of
claims, lawsuits and other outstanding proceeding, and will revise its estimates.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;<br style="clear: both" /></font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows the movements in the Group's provisions categorized by type:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>580</b></font></td>
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<tr>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,028</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,452</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>163</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>958</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,602</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 55%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 21%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 21%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,549</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">943</font></td></tr>
<tr>
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<tr>
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</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(i)&#160;&#160;&#160;
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<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(ii)&#160;&#160;
Corresponds to the equity interest in New Lipstick with negative equity. Additions and recoveries are included in "Share of profit
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<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(iii)&#160;&#160;
The Group&#8217;s companies are required to recognize certain costs related to the dismantling of assets and remediation of sites
from the places where such assets are located. The calculation of such expenses is based on the dismantling value for the current
year, taking into consideration the best estimate of future changes in prices, inflation, etc. and such costs are capitalized
at a risk-free interest rate. Volume projections for retired or built assets are recast based on expected changes from technological
rulings and requirements.</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(iv)&#160;&#160;
Provisions for other contractual obligations include a series of obligations resulting from a contractual liability or law, regarding
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<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(v)&#160;&#160;
In November 2009, PBC&#8217;s Audit Committee and Board of Directors approved the agreement with Rock Real whereby the latter
would look for and propose to PBC the acquisition of commercial properties outside Israel, in addition to assisting in the negotiations
and management of such properties. In return, Rock Real would receive 12% of the net income generated by the acquired property.
Pursuant to amendment 16 of the Israel Commercial Act 5759-1999, the agreement must be ratified by the Audit Committee before
the third year after the effective date; otherwise, it expires. The agreement has not been ratified by the audit committee within
such three-year term, so in January 2017 PBC issued a statement that hinted at the expiration of the agreement and informed that
it would begin negotiations to reduce the debt that currently amounts to NIS 106 (equivalent to Ps. 836 of these Consolidated
Financial Statements). The parties have appointed an arbitrator that should render a decision on the dispute. The remaining corresponds
to provisions related to investment properties.</font></p>

<p style="font: 10pt/8pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Dolphin</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
September 2016, a former non-controlling shareholder of IDBD (the "Petitioner") filed a petition with the district court of Be'er
Sheva against Dolphin Netherlands, IFISA and Mr. Eduardo Elsztain (jointly referred to as "Dolphin"), to initiate a claim under
a collective action (the &#8220;Petition&#8221;). The Petitioner argues that in executing the modified tender offer of IDBH (a
former controlling company of IDBD), as explained in Note 4.H.a), the non-controlling shareholders of IDBD, which voted against
the modification of the tender offer, were forced to sell their shares at a value that differed from the value initially agreed
upon and that, therefore, Dolphin should compensate them for an estimated amount of NIS 158 (equivalent to Ps. 754 as of the date
of these Consolidated Financial Statements). In July 2017, Dolphin filed a motion to dismiss the Petition. Our legal advisors
consider that the collective petition will probably be dismissed by the Court. If not dismissed, Dolphin will have to file an
answer to the Petition within the 60 days following the Court&#8217;s decision regarding the motion to dismiss.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>IRSA</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
February 23, 2016, a class action was filed against IRSA, Cresud and some first-line managers and directors at the District Court
of the USA for the Central District of California. The complaint, on behalf of people holding American Depositary Receipts of
the Company between November 3, 2014 and December 30, 2015, claims presumed violations to the US federal securities laws. In addition,
it argues that defendants have made material misrepresentations and made some omissions related to the Company&#8217;s investment
in IDBD.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Such
complaint was voluntarily waived on May 4, 2016 by the plaintiff and filed again on May 9, 2016 with the US District Court for
the Eastern District of Pennsylvania.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Furthermore,
the Companies and some of its first-line managers and directors are defendants in a class action filed on April 29, 2016 with
the US District Court for the Eastern District of Pennsylvania. The complaint, on behalf of people holding American Depositary
Receipts of the Companies between May 13, 2015 and December 30, 2015, presumes violations to the US federal securities laws. In
addition, it argues that defendants have made material misrepresentations and made some omissions related to the investment of
the Company's subsidiary, IRSA, in IDBD.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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the Companies requested the transfer of the claim to the district of New York, which was accepted.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
December 8, 2016, the Court appointed the representatives of each presumed class as primary plaintiffs and the lead legal advisor
for each of the classes. On February 13, 2017, the plaintiffs of both classes filed a document containing certain amendments.
The companies filed a petition requesting that the class action brought by shareholders should be dismissed. On April 12, 2017,
the Court suspended the class action filed by shareholders until the Court decides on the petition of dismissal of such class
action. Filing information on the motion to dismiss the collective remedy filed by shareholders of IRSA was completed on July
7, 2017. The Court has yet to render a decision on the motion to dismiss.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
companies hold that such allegations are meritless and will continue making a strong defense in both actions.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Claims
against Cellcom and its subsidiaries </u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
the ordinary course of business, Cellcom receives various consumer complaints, mainly through collective actions. They allege
excess collections, breach of agreements with customers and failure to comply with established norms or licenses, which could
cause harm to consumers.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
addition, the company receives other claims from employees, subcontractors, suppliers and authorities, generally in relation to
non-compliance with the provisions of the law with respect to payments upon termination of employment relationships, breach of
contracts, violation of copyright and patents or disputes for payments demanded by the authorities.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Claims
against PBC</u></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
July 4, 2017, PBC was served notice from the tax authority of Israel of income tax official assessments based on a &#8220;better
assessment&#8221; of taxes for the years 2012-2015, and concluded that PBC is required to pay approximately<br style="clear: both" />
NIS 187 (including interest) since compensation of losses is not admitted.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
the opinion of legal advisors to PBC, the company has sound arguments against the Revenue Administration&#8217;s position and
will file its objection to it. As of the date of these Consolidated Financial Statements, there is no provision in relation to
this claim.</font></p><span></span>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852331152">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Borrowings<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">31,244</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">671</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,576</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
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    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">25,587</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">19,926</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Total
    <b>(ii)</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>206,633</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>129,415</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Includes financial leases for Ps. 16 and Ps. 4 as of June 30, 2018 and 2017.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">(ii)
Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018 and 2017, total borrowings include collateralized liabilities (seller financing, leases and bank loans) of Ps.
32,292 and Ps. 11,206, respectively. These borrowings are mainly collateralized by investment properties and property, plant and
equipment of the Group (Notes 9 and 10). Borrowings also include liabilities under finance leases where the Group is the lessee
and which therefore have to be measured in accordance with IAS 17 &#8220;Leases&#8221;. Information regarding liabilities under
finance leases is disclosed in Note 21.<br style="clear: both" /></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
terms of the loans include standard covenants for this type of financial operations. As of the date of these financial statements,
the Group has complied with the covenants contemplated in its respective loan agreements.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
maturity of the Group's borrowings (excluding obligations under finance leases) is as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 51%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    capital</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Less
    than 1 year </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,865</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,672</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    1 and 2 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">25,722</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14,352</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    2 and 3 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">22,728</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14,998</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    3 and 4 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,887</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,918</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    4 and 5 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">47,546</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,737</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than 5 years </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">66,054</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">57,438</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>204,802</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>128,115</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Less
    than 1 year </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,714</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,253</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    1 and 2 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">30</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    2 and 3 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">33</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    3 and 4 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">19</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    4 and 5 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than 5 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">33</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,815</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,296</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>206,633</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>129,415</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following tables shows a breakdown of Group&#8217;s borrowing by type of fixed-rate and floating-rate, per currency denomination
and per functional currency of the subsidiary that holds the loans for the fiscal years ended June 30, 2018 and 2017.</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="4" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td></tr>
<tr>
    <td style="border-bottom: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; width: 49%; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    per currency</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Argentine
    Peso</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Uruguayan
    Peso</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>New
    Israel Shekel</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fixed
    rate:</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Argentine
    Peso</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,049</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,049</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">New
    Israel Shekel</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">80,685</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">80,685</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,228</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">372</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,273</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">35,873</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    fixed-rate borrowings</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>24,277</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>372</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>92,958</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>117,607</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Floating
    rate:</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Argentine
    Peso</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,154</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,154</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">New
    Israel Shekel</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">86,214</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">86,214</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,642</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,642</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    floating-rate borrowings</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,154</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>87,856</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>89,010</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    borrowings as per analysis</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>25,431</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>372</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>180,814</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>206,617</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Finance
    leases obligations</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    borrowings as per Statement of Financial Position</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>25,447</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>372</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>180,814</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>206,633</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="4" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="border-bottom: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; width: 49%; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    per currency</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Argentine
    Peso</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Uruguayan
    Peso</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>New
    Israel Shekel</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fixed
    rate:</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Argentine
    Peso</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">79</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">79</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">New
    Israel Shekel</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">35,867</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">35,867</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,222</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">135</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,741</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">19,098</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    fixed-rate borrowings</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,301</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>135</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>43,608</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>55,044</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Floating
    rate:</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Argentine
    Peso</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">540</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">540</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">New
    Israel Shekel</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72,805</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72,805</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,022</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,022</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    floating-rate borrowings</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>540</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>73,827</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>74,367</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    borrowings as per analysis</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,841</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>135</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>117,435</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>129,411</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Finance
    leases obligations</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    borrowings as per Statement of Financial Position</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,845</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>135</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>117,435</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>129,415</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following describes the debt issuances made by the Group for the years ended June 30, 2018, and 2017:</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 7.1pt 0 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Entity</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Class</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Issuance
    / expansion date</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Amount
    in original currency</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Maturity
    date</b></font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 28%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Principal
    payment</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest
    payment</b></font></td>
    <td rowspan="2" style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>rate</b></font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IRSA</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Class
    VII</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">sep-16</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">384.2</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9/9/2019</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Badlar
    + 2.99% n.a</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IRSA</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Class
    VIII</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">sep-16</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">US$
    184.5</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9/9/2019</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">7%
    n.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    CP</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Class
    IV</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">sep-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">US$
    140</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9/14/2020</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5%
    n.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IDBD</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    N</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">aug-16</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    325</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/29/2022</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5.3%
    e.a</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IDBD</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    M</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">feb-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    1,060</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">11/28/2019</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5.40%
    n.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IDBD</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    N</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">jul-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    642.1</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/30/2022</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5.3%
    e.a</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IDBD</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    N</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">nov-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    357</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/30/2022</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5.3%
    e.a</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">DIC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    F</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">aug-16</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    360</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/31/2025</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2017</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">annual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">DIC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    F</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">apr-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    444</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/31/2025</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2017</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">annual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">DIC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    J</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">dec-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    762</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/30/2026</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.8%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2021</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">biannual</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    I</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">oct-16</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    102</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6/29/2029</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    I</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">apr-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    431</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6/29/2029</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    I</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">oct-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    497</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6/29/2029</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    I</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">dec-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    496</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6/29/2029</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Gav
    - Yam</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    F</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">apr-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    303</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3/31/2026</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.75%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2021</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">biannual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Gav
    - Yam</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    H</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">sep-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    424</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6/30/2034</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2.55%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2019</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">biannual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Cellcom</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    L</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">jan-18</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    401</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1/5/2028</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2.5%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2023</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">annual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    E</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">jan-18</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    544</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">10/8/2028</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.3%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2018</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">annual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    E</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">jan-18</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    544</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">10/8/2028</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.3%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2018</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">annual</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 7.1pt 0 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td style="padding-right: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">IDBD has the right
    to make an early repayment, totally or partially. As a guarantee for the full compliance of all the commitments IDBD has pledged
    approximately 60.4 million shares of DIC under a single fixed charge of first line and in guarantee of by means of the lien,
    in an unlimited amount, in favor of the trustee for the holders of the debentures.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td>
    <td style="padding-right: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">Corresponds a to
    an expansion of the series. </font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 7.1pt 0 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">DIC:
On September 28, 2017 DIC offered the holders of Series F NCN to swap their notes for Series J NCN. Series J NCN terms and conditions
differ substantially from those of Series F. Therefore, DIC recorded the payment of Series F NCN and recognized a new financial
commitment at fair value for Series J NCN. As a result of the swap, DIC recorded a loss resulting from the difference between
the Series F NCN cancellation value and the new debt value in the amount of approximately NIS 461 (equal to approximately Ps.
2,228 as of that date), which was accounted for under &#8220;Finance costs&#8221; (Note 23).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">IDBD:
On November 28, 2017, IDBD made an early redemption of the Series L NCN for an amount of NIS 424 (equivalent to approximately
Ps. 2,120 as of the transaction date).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows a detail of evolution of borrowing during the years ended June 30, 2018 and 2017:</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 67%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at the beginning of the year</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">129,415</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">112,936</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">17,853</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26,596</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Payment
    of borrowings</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(17,969)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(17,780)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Obtention
    / (payment) of short term loans, net</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">345</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(862)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Interests
    paid</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,999)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(5,326)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Deconsolidation
    (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(21,310)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Accrued
    interests</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,288</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    in fair value of third-party loans</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">114</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    received from associates and joint ventures, net</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    translation adjustment and exchange differences, net</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">96,892</font></td>
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<tr>
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    at the end of the year</b></font></td>
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</td>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income tax<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>20.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income tax</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s income tax has been calculated on the estimated taxable profit for each year at the rates prevailing in the respective
tax jurisdictions. The subsidiaries of the Group in the jurisdictions where the Group operates are required to calculate their
income taxes on a separate basis; thus, they are not permitted to compensate subsidiaries&#8217; losses against subsidiaries income.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Argentine
tax reform</u></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">On
December 27, 2017, the Argentine Congress approved the Tax Reform, through Law No. 27,430, which was enacted on December 29, 2017,
and has introduced many changes to the income tax treatment applicable to financial income. The key components of the Tax Reform
are as follows:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><u>Dividends:
</u>Tax on dividends distributed by argentine companies would be as follows: (i) dividends originated from profits obtained before
fiscal year ending June 30, 2018 will not be subject to withholding tax; (ii) dividends derived from profits generated during
fiscal years of the Company ending June 30, 2019 and 2020 paid to argentine individuals and/or foreign residents, will be subject
to a 7% withholding tax; and (iii) dividends originated from profits obtained during fiscal year ending June 30, 2021 onward will
be subject to withholding tax at a rate of 13%.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><u>Income
tax:</u> Corporate income tax would be gradually reduced to 30% for fiscal years commencing after January 1, 2018 through December
31, 2019, and to 25% for fiscal years beginning after January 1, 2020, inclusive.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><u>Presumptions
of dividends:</u> Certain facts will be presumed to constitute dividend payments, such as: i) withdrawals from shareholders, ii)
shareholders private use of property of the company, iii) transactions with shareholders at values different from market values,
iv) personal expenses from shareholders or shareholder remuneration without substance.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><u>Revaluation
of assets:</u> The regulation establishes that, at the option of the companies, tax revaluation of assets is permitted for assets
located in Argentina and affected to the generation of taxable profits. The special tax on the amount of the revaluation depends
on the asset, being (i) 8% for real estate not classified as inventories, (ii) 15% for real estate classified as inventories,
(iii) 5% for shares, quotas and equity interests owned by individuals and (iv) 10% for the rest of the assets. As of the date
of these Financial Statements, the Group has not exercised the option. The gain generated by the revaluation is exempted according
to article 291 of Law 27,430 and, the additional tax generated by the revaluation is not deductible.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">In
addition, the argentine tax reform contemplates other amendments regarding the following matters: social security contributions,
tax administrative procedures law, criminal tax law, tax on liquid fuels, and excise taxes, among others. As of the date of presentation
of these Financial Statements, some aspects are pending regulation by the National Executive Power.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>US
tax reform</u></b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">In
December 2017, a bill was passed to reform the Federal Taxation Law in the United States. The reform included a reduction of the
corporate tax rate from 35% to 21%, for the tax years 2018 and thereafter. The reform has impact in certain subsidiaries of the
Group in the United States.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Israel
tax reform</u></b></font></p>

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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">In
December 2016 the Israeli Government modified the income tax rate, generating a reduction from 25% to 24% for the 2017 calendar
year and 23% for the 2018 calendar year onwards.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
details of the provision for the Group&#8217;s income tax, is as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(425)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(745)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(567)</font></td></tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">549</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(5,784)</font></td></tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td></tr>
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    tax from continuing operations </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>124</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,766)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(6,325)</b></font></td></tr>
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<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
statutory taxes rates in the countries where the Group operates for all of the years presented are:</font></p>

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    jurisdiction</b></font></td>
    <td style="text-align: center; padding-left: 2.8pt; width: 2%; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; padding-left: 2.8pt; width: 21%; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income
    tax rate</b></font></td></tr>
<tr>
    <td style="padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Argentina
    </font></td>
    <td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">25%
    - 35%</font></td></tr>
<tr>
    <td style="padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay
    </font></td>
    <td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">0%
    - 25%</font></td></tr>
<tr>
    <td style="padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">U.S.A.
    </font></td>
    <td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">0%
    - 45%</font></td></tr>
<tr>
    <td style="padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas
    </font></td>
    <td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">0%</font></td></tr>
<tr>
    <td style="padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Israel
    </font></td>
    <td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; font-family: Times New Roman, Times, Serif; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">23%
    - 24%</font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Below
is a reconciliation between income tax expense and the tax calculated applying the current tax rate, applicable in the respective
countries, to profit before taxes for years ended June 30, 2018, 2017 and 2016:</font></p>

<p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Loss
    from continuing operations at tax rate applicable in the respective countries </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(3,571)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(1,963)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(5,622)</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>Permanent
    differences:</i></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Share
    of profit of associates and joint ventures</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(71)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">130</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(226)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Unrecognized
    tax loss carryforwards (i)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,557)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,209)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(169)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Changes
    in fair value of financial instruments (ii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(346)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">434</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Change
    of tax rate (ii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,676</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">396</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(450)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Non-taxable
    profit / (loss), non-deductible expenses and others</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(7)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(554)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">116</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income
    tax from continuing operations </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>124</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,766)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(6,351)</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>MPIT</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>26</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Corresponds mainly to holding companies in the Operations Center in Israel</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)
As of June 30, 2018 corresponds to the effect of applying the changes in the tax rates applicable in accordance with the tax reform
explained above, being Ps. 405 the effect of the rate change in US and Ps. 5,271 the effect of the rate change in Argentina. As
of June 30, 2017 and 2016 the rate change was in Israel.</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
tax assets and liabilities of the Group as of June 30, 2018 and 2017 will be recovered as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 69%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax asset to be recovered after more than 12 months </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,865</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,577</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax asset to be recovered within 12 months </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,093</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">159</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deferred
    income tax assets </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,958</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,736</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax liability to be recovered after more than 12 months </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(32,597)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(19,027)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax liability to be recovered within 12 months </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(178)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9,448)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deferred
    income tax liability </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(32,775)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(22,739)</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
movement in the deferred income tax assets and liabilities during the years ended June 30, 2018 and 2017, without taking into
consideration the offsetting of balances within the same tax jurisdiction, is as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,021</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,956</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,955</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">746</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">703</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,405</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Others
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">760</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">523</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(268)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(418)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">597</font></td></tr>
<tr>
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    assets</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,736</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,795</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(156)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(418)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,958</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investment
    properties and Property, plant and equipment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(24,176)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(14)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,640)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(300)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,445</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(28,685)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trading
    properties </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(99)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(73)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">20</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(152)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(305)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(81)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(386)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investments
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,682)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">126</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">433</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,204)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,341)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">359</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(14)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(7,927)</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>415</b></font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(25,817)</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt">&#160;</p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 30%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.16</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Business
    combination and Assets held for sale (i)</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cumulative
    translation adjustment</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    and other payables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,774</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">281</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,021</font></td></tr>
<tr>
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    loss carry-forwards </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,251</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">488</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(613)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(171)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,955</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">724</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">136</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(53)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">760</font></td></tr>
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(47)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>905</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(700)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(20,772)</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(24,176)</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(305)</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    assets </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,860)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(312)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">490</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,682)</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(944)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">36</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(122)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(174)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,204)</font></td></tr>
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(24,848)</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>29</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,345)</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(1,370)</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>59</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(19,099)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Includes Ps. 6 for business combination (Note 4) and Ps. 12 for reclassification to assets held for sale (Note 31).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax assets are recognized for tax loss carry-forwards to the extent that the realization of the related tax benefits through
future taxable profits is probable. Tax loss carry-forwards may have expiration dates or may be permanently available for use
by the Group depending on the tax jurisdiction where the tax loss carry-forward is generated. Tax loss carry forwards in Argentina
and Uruguay generally expire within 5 years, while in Israel do not expire.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="color: #222222; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018, the Group's recognized tax loss carry forward prescribed as follows:</font></p>

<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 48%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Date</b></font></td>
    <td style="padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 45%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2019</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">49</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2020</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">35</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2021</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">33</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2022</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2023</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,875</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Do
    not expire</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,404</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,405</b></font></td></tr>
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<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
order to fully realize the deferred tax asset, the respective companies of the Group will need to generate future taxable income.
To this aim, a projection was made for future years when deferred assets will be deductible. Such projection is based on aspects
such as the expected performance of the main macroeconomic variables affecting the business, production issues, pricing, yields
and costs that make up the operational flows derived from the regular exploitation of fields and other assets of the group, the
flows derived from the performance of financial assets and liabilities and the income generated by the Group&#8217;s strategy
of crop rotation. Such strategy implies the purchase and/or development of fields in marginal areas or areas with a high upside
potential and periodical sale of such properties that are deemed to have reached their maximum appreciation potential.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Based
on the estimated and aggregate effect of all these aspects on the companies&#8217; performance, Management estimates that as at
June 30, 2018, it is probable that the Company will realize all of the deferred tax assets.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group did not recognize deferred income tax assets (tax loss carry forwards) of Ps. 132,442 and Ps. 131,748 as of June 30, 2018
and 2017, respectively. Although management estimates that the business will generate sufficient income, pursuant to IAS 12, management
has determined that, as a result of the recent loss history and the lack of verifiable and objective evidence due to the subsidiary&#8217;s
results of operations history, there is sufficient uncertainty as to the generation of sufficient income to be able to offset
losses within a reasonable timeframe, therefore, no deferred tax asset is recognized in relation to these losses.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group did not recognize deferred income tax liabilities of Ps. 1,722 and Ps. 1,792 as of June 30, 2018 and 2017, respectively,
related to their investments in foreign subsidiaries, associates and joint ventures. In addition, the withholdings and/or similar
taxes paid at source may be creditable against the Group&#8217;s potential final tax liability.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">On
June 30, 2018 and 2017, the Group recognized a deferred liability in the amount of Ps. 623 and Ps. 857, respectively, related
to the potential future sale of one of its subsidiaries shares.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">IDBD
and DIC assess whether it is necessary to recognize deferred tax liabilities for the temporary differences arising in relation
to its investments in subsidiaries; in this respect, IDBD, DIC and PBC estimate that if each of them is required to dispose of
its respective holdings in subsidiaries, they would not be liable to income tax on the sale and, for such reason, they did not
recognize the deferred tax liabilities related to this difference in these Consolidated Financial Statements.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group has assessed that the sale of Ispro is probable in the near future, so that the corresponding deferred liability has been
recognized in these Consolidated Financial statements. This investment does not comply with the requirements of IFRS 5 for classification
as held for sale.</font></p><span></span>
</td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for income taxes.</p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Leases<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>21.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Leases</b></font></td></tr>
</table>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>The
Group as lessee</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Operating
leases:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
the ordinary course of business, the Group leases property or spaces for administrative or commercial use both in Argentina and
Israel under operating lease arrangements. The agreements entered into include several clauses, including but not limited, to
fixed, variable or adjustable payments. Some leases were agreed upon with related parties (Note 29).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
future minimum payments that the Group must pay under operating leases are as follows:</font></p>

<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="padding-left: 5.4pt; width: 51%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">No
    later than one year </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,173</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,901</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,860</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than one year and not later than five years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,477</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,949</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,705</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than five years </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">655</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,869</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,127</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,305</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,719</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,692</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Finance
leases:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group is party to several financial lease agreements, mainly of equipment for administrative use in the ordinary course of business.
The amounts involved are not material to any of the fiscal years under review.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>The
Group as lessor</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Operating
leases:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.7pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
the Shopping Malls segment and Offices segment of the Operations Center in Argentina and in the Real Estate segment of the Operations
Center in Israel, the Group enters into operating lease agreements typical in the business. Given the diversity of properties
and lessees, and the various economic and regulatory jurisdictions where the Group operates, the agreements may adopt different
forms, such as fixed, variable, adjustable leases, etc. For example, in the Operations Center in Argentina, operating lease agreements
with lessees of Shopping Malls generally include escalation clauses and contingent payments. In Israel, agreements tend to be
agreed upon for fixed amounts, although in some cases they may include adjustment clauses. Income from leases are recorded in
the Statement of Income under rental and service income in all of the filed periods.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
properties are considered to be investment property. Book value is included in Note 9. The future minimum proceeds under non-cancellable
operating leases from Group&#8217;s shopping malls, offices and other buildings are as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="padding-left: 5.4pt; width: 50%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">No
    later than one year </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,813</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,437</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,137</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than one year and not later than five years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">22,371</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,451</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">13,361</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than five years </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,290</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,632</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,247</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>35,474</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>21,520</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>20,745</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Finance
leases:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group does not act as a lessor in connection with finance leases.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2019-01-01<br> -Name IAS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Section Leases in the financial statements of lessees<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=17&amp;date=2018-03-02&amp;anchor=sect_Leasesinthefinancialstatementsoflessees&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2019-01-01<br> -Name IAS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Section Leases in the financial statements of lessors<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=17&amp;date=2018-03-02&amp;anchor=sect_Leasesinthefinancialstatementsoflessors&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2019-01-01<br> -Name IFRS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Section Presentation<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=16&amp;date=2018-03-01&amp;anchor=sect_Presentation&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2019-01-01<br> -Name IFRS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=16&amp;date=2018-03-01&amp;anchor=sect_Disclosure&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Revenues<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 52%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Income
    from communication services </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14,392</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,958</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,956</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    and services income </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,671</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,537</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,197</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale
    of communication equipment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,955</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,006</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,844</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale
    of trading properties and developments</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,818</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,454</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">191</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
    from hotel operation and tourism services</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,040</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">766</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">557</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
    revenues</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">212</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">283</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">171</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Group&#8217;s revenues </b></font></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Expenses by nature<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<p style="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
Group disclosed expenses in the statements of income by function as part of the line items &#8220;Costs&#8221;, &#8220;General
and administrative expenses&#8221; and &#8220;Selling expenses&#8221;. The following tables provide additional disclosure regarding
expenses by nature and their relationship to the function within the Group as of June 30, 2018, 2017 and 2016:</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cost
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,219</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    social security costs and other personnel expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,455</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,627</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,567</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation
    and amortization</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,250</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">575</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">912</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,737</font></td></tr>
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    and payments for services</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,830</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">859</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,755</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Maintenance,
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,689</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">146</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">96</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,931</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Advertising
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">270</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,272</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">328</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">81</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">196</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">605</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interconnection
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,066</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,066</font></td></tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,576</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,576</font></td></tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">228</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">228</font></td></tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">52</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">269</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">269</font></td></tr>
<tr>
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    expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">894</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">342</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">234</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
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</table>
<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 50%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Costs</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 14%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>General
    and administrative expenses</b></font></td>
    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Selling
    expenses</b></font></td>
    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4,269</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4,273</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Salaries,
    social security costs and other personnel expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,008</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,257</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,150</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4,415</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation
    and amortization</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,804</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">520</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,053</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3,377</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fees
    and payments for services</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,704</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">671</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">48</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,423</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Maintenance,
    security, cleaning, repairs and others</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,444</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">86</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,533</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Advertising
    and other selling expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">284</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,050</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,334</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Taxes,
    rates and contributions</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">232</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">23</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">168</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">423</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interconnection
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,711</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,711</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fees
    to other operators</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,691</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,691</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Director&#180;s
    fees</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">180</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">180</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Leases
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">82</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">18</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">105</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">204</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">204</font></td></tr>
<tr>
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<tr>
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</table>
<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Costs</b></font></td>
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    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Selling
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,557</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Salaries,
    social security costs and other personnel expenses</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">552</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">502</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,256</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation
    and amortization</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">738</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">256</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">538</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,532</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fees
    and payments for services</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">706</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">396</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">37</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,139</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Maintenance,
    security, cleaning, repairs and others</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">664</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">59</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">726</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Advertising
    and other selling expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">282</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">472</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">754</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Taxes,
    rates and contributions</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">223</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">150</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">387</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interconnection
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">157</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">157</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Leases
    and service charges</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">50</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">52</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Allowance
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">62</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">70</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">141</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">132</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,887</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2016</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,036</b></font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,842</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>10,517</b></font></td></tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of expenses by nature. [Refer: Expenses, by nature]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6889379104">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cost of goods sold and services provided<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfCostOfSalesExplanatory', window );">Cost of goods sold and services provided</a></td>
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<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>24.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cost of goods sold and services provided</b></font></td></tr>
</table>
<p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 64%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Inventories
    at the beginning of the year (*)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,041</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,216</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Purchases
    and expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">69,910</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">54,426</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Capitalized
    finance costs</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,874</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,687</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">27</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deconsolidation
    (Note 4.G)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,276)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to investment properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(353)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Incorporated
    by business combination</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">380</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Inventories
    at the end of the year (*)</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9,880)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(10,041)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    costs</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>69,716</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>55,315</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(**)
Includes the cost of goods sold from Shufersal which was reclassified as discontinued operations for an amount of Ps. 45,087,
as of June 30, 2018 and Ps. 39,282 as of June 30, 2017.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table presents the composition of the Group&#8217;s inventories for the years ended June 30, 2018 and 2017:</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 57%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9,275</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,804</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Supermarkets</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,873</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Telecommunications</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">592</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">320</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">13</font></td>
    <td style="border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">44</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    inventories at the end of the year (*)</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,880</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10,041</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Inventories includes trading properties and inventories.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfCostOfSalesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the cost of sales. [Refer: Cost of sales]</p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852474288">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Other operating results, net<br></strong></div></th>
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<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of other operating expense. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial results, net<br></strong></div></th>
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&lt;tr>
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    Interest income &lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">740&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">704&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">619&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Foreign exchange gain &lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">939&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">165&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">573&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Dividends income &lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">82&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">68&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">72&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>Total
    finance income &lt;/b>&lt;/font>&lt;/td>
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    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>937&lt;/b>&lt;/font>&lt;/td>
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    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>1,264&lt;/b>&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Finance
    costs:&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Interest expenses &lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(7,745)&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(6,092)&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(2,330)&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Loss on debt swap (Note 19)&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(2,228)&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    &lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    &lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Foreign exchange loss &lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(10,803)&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(1,240)&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(2,620)&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Other finance costs &lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(356)&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(743)&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(621)&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>Subtotal
    finance costs &lt;/b>&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>(21,132)&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>(8,075)&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>(5,571)&lt;/b>&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Capitalized
    finance costs&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">74&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">3&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    &lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>Total
    finance costs &lt;/b>&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>(21,058)&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>(8,072)&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>(5,571)&lt;/b>&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Other
    financial results:&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Fair value gain of financial assets and liabilities at fair value through profit or loss, net &lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">426&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">2,928&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">(1,445)&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Gain on derivative financial instruments, net &lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">170&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">112&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">927&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>Total
    other financial results &lt;/b>&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>596&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>3,040&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>(518)&lt;/b>&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>Total
    financial results, net &lt;/b>&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>(18,701)&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>(4,095)&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>(4,825)&lt;/b>&lt;/font>&lt;/td>&lt;/tr>
&lt;/table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisclosureOfFinancialResultsNetExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of financial results, net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DisclosureOfFinancialResultsNetExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialResultsNetAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialResultsNetAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6895223104">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per share<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Georgia, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,383</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">575</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">575</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">575</font></td></tr>
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<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Georgia, Times, Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
Diluted</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Diluted
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of all dilutive potential shares. The Group holds treasury shares associated with incentive plans with potentially dilutive effect.</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Profit
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,278</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,383</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,647</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">338</font></td></tr>
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    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Profit
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">15,003</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">579</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">579</font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>25.91</b></font></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of earnings per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852399504">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Employee benefits<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 42.55pt; text-align: justify; text-indent: -7.1pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>Incentive
Plan - Argentina</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group has an equity incentives plan (&#8220;Incentive Plan&#8221;), created in September 30, 2011, which is aimed at certain employees,
directors and top management of the Company, IRSA CP and Cresud (the &#8220;Participants&#8221;). Engagement is voluntary and
by invitation of the Board of Directors.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Under
the Incentive Plan, over the years 2011, 2012 and 2013, Participants will be entitled to receive shares ("Contributions") of the
Company and Cresud based on a percentage of their annual bonus for the years 2011, 2012 and 2013, providing they remain as employees
of the Company for at least five years, among other conditions required, to qualify for such Contributions. Contributions shall
be held by the Company and Cresud, and as the conditions established by the Plan are verified, such contributions shall be transferred
to the Participants. In spite of this, the economic rights of the shares in the portfolio assigned to said participants will be
received by them.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Regarding
the shares to be delivered by Cresud to the employees of the company and IRSA CP, and for the shares to be delivered by IRSA to
Cresud employees, the Group accounts the active or passive position measured at the closing date of the financial statements.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018 and 2017, a reserve has been set up under Shareholders&#8217; equity as a result of this Incentive Plan for Ps.
79 and Ps. 78, respectively, based on the market value of the shares to be granted pertaining to the Group&#8217;s contributions,
proportionately to the period already elapsed for the vesting of shares in the Incentive Plan and adjusted for the probability
that any beneficiary should leave the Group before the term and/or the conditions required to qualify for the benefits of said
plan are met at each fiscal year-end.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">For
the fiscal years ended June 30, 2018, 2017 and 2016, the Group has incurred a charge related to the Incentive Plan of Ps. 9.8,
Ps. 15.9 and Ps. 21.3, respectively. As of June 30, 2018, the total expense has been recognized for having completed the necessary
period to grant the total stocks for this benefit. The unrecognized expense for the periods ended June 30, 2017 and 2016 was Ps.
6.8 and Ps. 16.1 respectively.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Movements
in the number of matching shares outstanding under the incentive plan corresponding to the Company&#180;s contributions are as
follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 45%; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>At
    the beginning </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,507,947</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,619,599</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,439,507</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Disposals
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(10,169)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(117,367)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Granted
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(160,746)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(101,483)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(702,541)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>At
    the end </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,347,201</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,507,947</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,619,599</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value determined at the time of granting the plan after obtaining all the corresponding authorizations was Ps. 23.5 per share
of IRSA and of Ps. 16.45 per share of Cresud. This fair value was estimated by taking into account the market price of the shares
of the Company on said date.</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>&#160;</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 42.55pt; text-align: justify; text-indent: -7.1pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>Defined
contribution plan - Argentina</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group operates a defined contribution plan (the &#8220;Plan&#8221;) which covers certain selected managers from Argentina. The
Plan was effective as from January 1, 2006. Participants can make pre-tax contributions to the Plan of up to 2.5% of their monthly
salary (&#8220;Base Contributions&#8221;) and up to 15% of their annual bonus (&#8220;Extraordinary Contributions&#8221;). Under
the Plan, the Group matches employee contributions to the plan at a rate of 200% for Base Contributions and 300% for Extraordinary
Contributions.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">All
contributions are invested in funds administered outside of the Group. Participants or their assignees, as the case may be, will
have access to the 100% of the Company contributions under the following circumstances:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 21.25pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">ordinary retirement
    in accordance with applicable labor regulations;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 21.25pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">total or permanent
    incapacity or disability; </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 21.25pt"><font style="font: 10pt Times New Roman, Times, Serif">(iii)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">death.</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
case of resignation or termination without fair cause, the manager will receive the Group&#8217;s contribution only if he or she
has participated in the Plan for at least 5 years.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Contributions
made by the Group under the Plan amount to Ps. 32 and Ps. 21 for the fiscal years ended June 30, 2018 and 2017, respectively.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>Share
base plans associated with certain key members of the management - Israel</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>&#160;</i></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">DIC
and Cellcom have granted an options benefit plans to key management personnel. For the years ended June 30, 2018, 2017 and 2016,
the Group has incurred an expense in relation to said benefit plans of Ps. 40.6, Ps. 15.9 and Ps. 21.3, respectively.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows the detail of the options pending at year end:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top">
    <td style="border: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">DIC</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">Cellcom</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">Exercise
    price range of outstanding options</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">NIS
    2.92-8</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;NIS
    25.65-51.48</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">Average
    price of outstanding options</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">NIS
    6.46</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">NIS
    28.3 </font></td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">Amount
    of outstanding options</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">4,745,090</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">918,665</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">Average
    remaining useful life</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">4.75
    years</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">1.61
    years </font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of the options was calculated according to the Black-Scholes method, which included assumptions such as the value of
the share at the date of granting the plan, expected volatility, expected life of the option or the risk-free rate.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Employee
benefits - Israel</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Benefits
to hired employees include post-employment benefits, retirement benefits, share-based plans and other short and long-term benefits.
The Group&#8217;s liabilities in relation to severance pay and/or retirement benefits of Israeli employees are calculated in accordance
with Israeli laws.</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Present
    value of unfunded obligations </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">316</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">673</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">572</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Present
    value of funded obligations </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">371</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,789</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,070</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    present value of defined benefits obligations (post-employment) </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>687</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,462</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,642</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value of plan assets </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(592)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1,703)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1,101)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Recognized
    liability for defined benefits obligations </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>95</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>759</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>541</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Liability
    for other long-term benefits </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">15</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">148</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    recognized liabilities </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>110</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>763</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>689</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Assets
    designed for payment of employee benefits</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(4)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    position from employee benefits </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>110</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>763</b></font></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for employee benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2018-01-01<br> -Section Scope<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=19&amp;date=2018-03-01&amp;anchor=sect_Scope&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852495216">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related party transactions<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text">&#160;<span></span>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRelatedPartyExplanatory', window );">Related party transactions</a></td>
<td class="text"><p style="margin: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>29. Related party transactions</b></font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
the normal course of business, the Group conducts transactions with different entities or parties related to it.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Remunerations
of the Board of Directors&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Business Companies Act of Argentina (Law N&#176; 19,550), provides that the remuneration to the Board of Directors, where it is
not set forth in the Company&#8217;s by-laws, shall be fixed by the Shareholders' Meetings. The maximum amount of remuneration
that the members of the Board are allowed to receive, including salary and other performance-based remuneration of permanent technical-administrative
functions, may not exceed 25% of the profits.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Such
maximum amount is limited to 5% where no dividends are distributed to the Shareholders, and will be increased proportionately
to the distribution, until reaching such cap where total profits are distributed.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Some
of the Group's Directors are hired under the Employment Contract Law N&#176; 20,744. This Act rules on certain conditions of the
work relationship, including remuneration, salary protection, working hours, vacations, paid leaves, minimum age requirements,
workmen protection and forms of suspension and contract termination. The remuneration of directors for each fiscal year is based
on the provisions established by the Business Companies Act, taking into consideration whether such directors perform technical-administrative
functions and depending upon the results recorded during the fiscal year. Once such amounts are determined, they should be approved
by the Shareholders&#8217; Meeting.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Senior
Management remuneration&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
members of the Group&#8217;s senior management are appointed and removed by the Board of Directors, and perform functions in accordance
with the instructions delivered by the Board itself.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s Senior Management in the Operation Center in Argentina is composed of as follows:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="padding-bottom: 2px; width: 23%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Name</b></font></td>
    <td style="padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Date
    of Birth</b></font></td>
    <td style="padding-bottom: 2px; width: 36%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Position</b></font></td>
    <td style="width: 20%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Actual
    position since</b></font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Eduardo
    S. Elsztain</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">01/26/1960</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">General
    Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">1991</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Daniel
    R. Elsztain</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">12/22/1972</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Operating
    Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">2012</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Arnaldo
    Jawerbaum</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">08/13/1966</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment
    Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">2017</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Mat&#237;as
    I. Gaivironsky</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">02/23/1976</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Administrative
    and Financial Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">2011</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s Senior Management in the Operation Center in Israel is composed of as follows:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="padding-bottom: 2px; width: 23%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Name</b></font></td>
    <td style="padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Date of Birth
</b></font></td>
    <td style="padding-bottom: 2px; width: 36%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Position</b></font></td>
    <td style="width: 20%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Actual position since
</b></font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Sholem
    Lapidot</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">22/10/1979</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">General
    Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Gil
    Kotler</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">10/04/1966</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Aaron
    Kaufman</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">03/03/1970</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Vice
    president and General Assessor</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">2016</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
total remuneration paid to members of senior management for their functions consists of a fix salary that takes account of the
manager's backgrounds capacity and experience, plus an annual bonus based on their individual performance and the Group's results.
Members of senior management participate in defined contributions and share-based incentive plans that are described in Note 28.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
aggregate compensation to the Senior Management of the Operations Center in Argentina for the year ended June 30, 2018 amounts
to Ps. 23.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
aggregate compensation to the Senior Management of the Operations Center in Israel for the year ended June 30, 2018 amounts to
Ps. 67.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Corporate
Service Agreement with Cresud and IRSA CP</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
due course, given that IRSA, Cresud and IRSA CP have operating overlapping areas, the Boards of Directors considered precedent
to share certain services and thereby optimize operating costs, building on and enhancing the individual efficiencies of each
of the companies in the different areas of operational management.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">For
this purpose, on June 30, 2004, a Framework Agreement for the Exchange of Corporate Services ("Framework Agreement") was signed
by IRSA, Cresud and IRSA CP, which was modified afterwards on the following dates: August 23, 2007; August 14, 2008; November
27, 2009; March 12, 201; July 11, 2011; October 15, 2012; November 12, 2013; February 24, 2014; February 18, 2015; November 12,
2015; May 5, 2017 and June 29, 2018.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Under
this Framework Agreement, corporate services are provided in the following areas: Corporate Human Resources, Administration and
Finance, Planning, Institutional Relations, Compliance, Shared Services Center, Administration for the Real Estate Business, Board
of Directors, Human Resources for the Real Estate Business, Security, Corporate Legal department, Corporate Environment and Quality
department, Technical Management, Infrastructure and Purchasing, Investments, Government Affairs, Hotels, Fraud Prevention, Bol&#237;var,
Attorneys, Audit Committee, Security.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Pursuant
to this agreement, the companies hired an external consulting firm to review and evaluate half-yearly the criteria used in the
process of liquidating the corporate services, as well as the basis for distribution and source documentation used in the process
indicated above, by means of a half-yearly report.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
operations described above allows IRSA, Cresud and IRSA CP to keep its strategic and commercial decisions fully independent and
confidential, with a cost and profit allocation on the basis of operating efficiency and equity.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Offices
and Shopping Malls spaces leases&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
offices of our President are located at 108 Bolivar, in the Autonomous City of Buenos Aires. The property has been rented to Isaac
Elsztain e Hijos S.A., a company controlled by some family members of Eduardo Sergio Elsztain, our president, and to Hamonet S.A.,
a company controlled by Fernando A. Elsztain, one of our directors, and some of his family members.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
addition, Tarshop, BACS, BHN Sociedad de Inversi&#243;n S.A., BHN Seguros Generales S.A. and BHN Visa S.A. rent offices owned
by IRSA CP in different buildings.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Furthermore,
we also let various spaces in our shopping malls (stores, stands, storage space or advertising space) to third parties and related
parties such as Tarshop S.A. and BHSA.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Donations
granted to Fundaci&#243;n IRSA and Fundaci&#243;n Museo de los Ni&#241;os&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Fundaci&#243;n
IRSA is a non-profit charity institution that seeks to support and generate initiatives concerning education, the promotion of
corporate social responsibility and the entrepreneurial spirit of the youth. It carries out corporate volunteering programs and
fosters donations by the employees. The main members of Fundaci&#243;n IRSA's Board of Directors are: Eduardo S. Elsztain (President);
Saul Zang (Vice President I), Alejandro Elsztain (Vice President II) and Mariana C. de Elsztain (secretary). It funds its activities
with the donations made by us, Cresud and IRSA CP.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Fundaci&#243;n
Museo de los Ni&#241;os is a non-profit association, created by the same founders of Fundaci&#243;n IRSA and its Management Board
is formed by the same members as Fundaci&#243;n IRSA. Fundaci&#243;n Museo de los Ni&#241;os acts as special vehicle for the development
of "Museo de los Ni&#241;os, Abasto" and "Museo de los Ni&#241;os, Rosario". On October 29, 1999, our shareholders approved the
award of the agreement &#8220;Museo de los Ni&#241;os, Abasto&#8221; to Fundaci&#243;n Museo de los Ni&#241;os. On October 31,
1997, IRSA CP entered into an agreement with Fundaci&#243;n IRSA whereby it loaned 3,800 square meters of the area built in the
Abasto Shopping mall for a total term of 30 years, and on November 29, 2005, shareholders of IRSA CP approved another agreement
entered into with Fundaci&#243;n Museo de los Ni&#241;os whereby 2,670.11 square meters built in the Alto Rosario shopping mall
were loaned for a term of 30 years. Fundaci&#243;n IRSA has used the available area to house the museum called &#8220;Museo de
los Ni&#241;os, Abasto&#8221; an interactive learning center for kids and adults, which was opened to the public in April 1999.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Legal
Services&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group hires legal services from Estudio Zang, Bergel &#38; Vi&#241;es, at which Sa&#250;l Zang is a partner and sits at the Board
of Directors of the Group companies.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Purchase
and sale of goods and/or service hiring&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
the normal course of its business and with the aim of making resources more efficient, in certain occasions purchases and/or hires
services which later sells and/or recovers for companies or other related parties, based upon their actual utilization.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sale
of advertising space in media&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Our
company and our related parties frequently enter into agreements with third parties whereby we sell/acquire rights of use to advertise
in media (TV, radio stations, newspapers, etc.) that will later be used in advertising campaigns. Normally, these spaces are sold
and/or recovered to/from other companies or other related parties, based on their actual use.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Purchase
and sale of financial assets&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group usually invests excess cash in several instruments that may include those issued by related companies, acquired at issuance
or from unrelated third parties through secondary market deals.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investment
in investment funds managed by BACS&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group invests its liquid funds in mutual funds managed by BACS among other entities.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
the normal course of its activities, the Group enters into diverse loan agreements or credit facilities between the group&#8217;s
companies and/or other related parties. These borrowings generally accrue interests at market rates.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
and service operations with BHSA&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group works with several financial entities in the Argentine market for operations including, but not limited to, credit, investment,
purchase and sale of securities and financial derivatives. Such entities include BHSA and its subsidiaries. BHSA and BACS usually
act as underwriters in Capital Market transactions. In addition, we have entered into agreements with BHSA, who provides collection
services for our shopping malls.&#160;</font></p>

<p style="text-align: justify; text-indent: 12px; margin-right: 0; margin-left: 48px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Loan
between Dolphin and IDBD&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">As
described in Note 8 to these Consolidated Financial Statements Dolphin has granted a series of subordinated loans to IDBD (&#8220;the
debt&#8221;). This debt has the following characteristics: i) it is subordinated, even in the case of insolvency, to all current
or future debts of IDBD; (ii) will be reimbursed after payment of all the debts to their creditors; (iii) accrues interest at
a rate of 0.5%, which will be added to the amount of the debt and will be payable only on the date the subordinated debt is amortized;
(iv) Dolphin will not have a right to participate or vote in the meetings with IDBD creditors with respect to the subordinated
debt; (v) as from January 1, 2016, Dolphin has the right, at its own discretion, to convert&#160;the debt balance into IDBD shares,
at that time, whether wholly or partially, including the interest accrued over the debt until that date; (vi) if Dolphin opts
to exercise the conversion, the debt balance will be converted so that Dolphin will receive IDBD shares according to a share price
that will be 10% less than the average price of the last 30 days prior to the date the conversion option is exercised. In the
event there is no market price per share, it will be determined in accordance with an average of three valuations made by external
or independent experts, who shall be determined by mutual consent and, in the event of a lack of consent, will be set by the President
of the Institute of Certified Public Accountants in Israel.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
following is a summary presentation of the balances with related parties as of June 30, 2018 and 2017:</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 70%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Item</b></font></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2018</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2017</b></font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
    and other receivables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;748&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,434&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Investments
    in financial assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;343&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;324&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
    and other payables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(191)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(172)</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Borrowings</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(10</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(11</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;890</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td>
    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;1,575</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 24%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>&#160;Related
    company</b></font></td>
    <td style="width: 16%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2018</b></font></p></td>
    <td style="width: 16%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2017</b></font></p></td>
    <td style="width: 22%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Description
    of transaction</b></font></td>
    <td style="width: 22%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>&#160;Item</b></font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Manibil
    S.A.</font></td>
    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;72</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;84</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Contributions
    in advance</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
    and other receivables</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">New
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;585&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(1</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(1)
&#160;Includes CAMSA. Avenida compras and Avenida Inc., Estudio Zang, Bergel &#38; Vi&#241;es, Austral Gold, Fundaci&#243;n IRSA,
Hamonet S.A., Museo de los Ni&#241;os.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 2px; margin-left: 0; font: 13px Times New Roman, Times, Serif; color: #000000"><font style="font: 10pt Times New Roman, Times, Serif">The
following is a summary of the results with related parties for the years ended June 30, 2018 and 2017:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
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    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2018</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2017</b></font></p></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Corporate
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;16</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;117</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;57</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(8)</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Financial
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;16&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Leases
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Fees
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(1)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Corporate
    services</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;4</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;3</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;232</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Leases
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(227)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(177)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(121)</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Corporate
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;151</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;62</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;74</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;56</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Corporate
    services</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;4&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;13&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(9)</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;4&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(4</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 12px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 12px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(1)
It includes Isaac Elsztain e Hijos, CAMSA. Hamonet S.A., Ramat Hanassi, Estudio Zang, Bergel &#38; Vi&#241;es, and Fundaci&#243;n
IRSA.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 2px; margin-left: 0; font: 13px Times New Roman, Times, Serif; color: #000000"><font style="font: 10pt Times New Roman, Times, Serif">The
following is a summary of the transactions with related parties for the years ended June 30, 2018 and 2017:</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 36%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Related
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    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2018</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2017</b></font></p></td>
    <td style="width: 34%; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Description
    of the operation</b></font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">La
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;9&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">NPSF</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;9&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;12&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;25&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;36&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Manibil</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;19&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Ramat
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;20&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2018-01-01<br> -Section Disclosures<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=24&amp;date=2018-03-01&amp;anchor=sect_Disclosures&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852474288">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Foreign currency assets and liabilities<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<tr class="ro">
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<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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    rate (3)</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 2.25pt double; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of 06.30.17</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade
    and other receivables</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">42</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.750</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1,202</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">35</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.530</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">572</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">Euros</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">33.540</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">179</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">18.848</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">172</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Receivables
    with related parties:</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">51</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.850</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1,466</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">52</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.630</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">855</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    trade and other receivables</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,847</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,599</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Restricted
    assets</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.750</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.530</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">41</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Restricted assets</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>41</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments
    in financial assets</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">125</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.750</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">3,592</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">61</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.530</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">1,014</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">Pounds</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">37.904</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">39</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">21.486</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">18</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments
    with related parties:</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">12</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.850</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">343</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">20</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.630</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">324</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    investments in financial assets</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,974</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,356</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Derivative
    financial instruments</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.750</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.530</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Derivative
    financial instruments with related parties:</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.850</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.630</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Derivative financial instruments</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>32</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>36</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
    and cash equivalents</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">269</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.750</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">7,734</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">318</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.530</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">5,250</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">Euros</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">33.540</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">18.848</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">49</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">New
    Israel Shekel</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">7.890</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">4.770</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Cash and cash equivalents</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,800</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,300</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Assets</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>14,653</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>8,332</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade
    and other payables</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">104</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.850</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">3,007</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">57</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.630</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">955</font></td></tr>
<tr>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">25</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
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<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,120</b></font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>995</b></font></td></tr>
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    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">868</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>25,029</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>18,683</b></font></td></tr>
<tr>
    <td style="border-bottom: black 2.25pt double; border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Liabilities</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>28,149</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,678</b></font></td></tr>
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<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(1)&#160;&#160;
Stated in millions of units in foreign currency. Considering foreign currencies those that differ from each Group&#8217;s functional
currency at each year-end.</font></p>

<p style="font: 10pt/10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(2)&#160;&#160;
Exchange rate as of June 30, of each year according to Banco Naci&#243;n Argentina records.</font></p>

<p style="font: 10pt/10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(3)&#160;&#160;
The Group uses derivative instruments as complement in order to reduce its exposure to exchange rate movements (see Note 13).</font></p><span></span>
</td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of financial assets and financial liabilities that have been redesignated during the transition to IFRSs. [Refer: Financial assets; Financial liabilities; IFRSs [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 29<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_29&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852597472">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Groups of assets and liabilities held for sale<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text">&#160;<span></span>
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<td class="text">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
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    &lt;td style="width: 35.45pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>31.&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="text-align: justify">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>Groups of assets and liabilities held for sale&lt;/b>&lt;/font>&lt;/td>&lt;/tr>
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&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; background-color: white">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>

&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white">&lt;font style="font: 10pt Times New Roman, Times, Serif">As
mentioned in Note 4.F., the investment in Israir has been reclassified to "Group of assets and liabilities held for sale". Additionally,
IDB Tourism is currently negotiating the sale of its equity interests in Open Sky Ltd. Furthermore, the equity interest of the
Group in Adama and the related non-recourse loan, had been reclassified to assets and liabilities held for sale before the disposal
as of November 22, 2016 (Note 4.H.). Additionally, an area adjacent to Tilvoli, valued at Ps. 521 is included.&lt;/font>&lt;/p>

&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>

&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white">&lt;font style="font: 10pt Times New Roman, Times, Serif">Pursuant
to IFRS 5, assets and liabilities held for sale have been valued at the lower between their carrying value and fair value less
cost of sale. Given some assets&#8217; carrying value was higher, an impairment loss of Ps. 231 has been recorded for the year
ended June 30, 2017.&lt;/font>&lt;/p>

&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>

&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
following table shows the main assets and liabilities classified as held for sale:&lt;/font>&lt;/p>

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&lt;tr>
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&lt;tr>
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    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">103&lt;/font>&lt;/td>
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&lt;tr>
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&lt;tr>
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    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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&lt;tr>
    &lt;td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">Trade
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    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">1,444&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">688&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
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    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">347&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
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&lt;tr>
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    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>2,681&lt;/b>&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
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    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">930&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
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    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    &lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
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&lt;tr>
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    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">52&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
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    income tax liability &lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">16&lt;/font>&lt;/td>
    &lt;td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">10&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
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    &lt;td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">715&lt;/font>&lt;/td>&lt;/tr>
&lt;tr>
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    group of liabilities held for sale&lt;/b>&lt;/font>&lt;/td>
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&lt;tr>
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    &lt;td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>826&lt;/b>&lt;/font>&lt;/td>&lt;/tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for groups of assets and liabilities held for sale.</p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883992464">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Results from discontinued operations<br></strong></div></th>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
results of Shufersal, Israir and IDB Tourism operations, the share of profit of Adama and the finance costs associated to its
non-recourse loan, until Adama&#8217;s sale, and the results from sale of the investment in Adama and Shufersal have been reclassified
in the Statements of Income under discontinued operations.</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 12%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 12%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">66,740</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">51,578</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">(39,282)</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">(15,073)</font></td></tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,653</b></font></td>
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<tr>
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<tr>
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<tr>
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<tr>
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<tr>
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<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">54</font></td>
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<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,158</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>798</b></font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">94</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">148</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">408</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(675)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(367)</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">(111)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">(656)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">(1,925)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">41</font></td></tr>
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,849</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,233</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>839</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Income
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">(370)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit
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<tr style="vertical-align: bottom">
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Equity
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9,725</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">479</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Includes the result of the loss of control of Shufersal (see note 4.G) as of June 30, 2018 and the sale of Adama, which generated
a profit of Ps. 4,216 in the year ended June 30, 2017.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">(ii)
As of June 30, 2018, 2017 and 2016, Ps. 60,470, Ps. 47,168 and Ps 18,607 of the total revenues from discontinued operations and
Ps 12,377, Ps. 1,075 and Ps. 373 of the total profit from discontinued operations corresponds to Shufersal.</font></p><span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of discontinued operations. [Refer: Discontinued operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6890663952">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Subsequent events<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubsequentEvents1Abstract', window );"><strong>Subsequent Events</strong></a></td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
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<td class="text"><p style="margin: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>33. Subsequent events</b></font></p>

<p style="margin: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Partial
prepayment of IDBD debentures</u></b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Board of Directors of IDBD resolved to perform a partial prepayment of series M debentures of IDBD which took place on August
28, 2018. The partial prepayment amounted to NIS 146 million (approximately Ps 1,491 as of the date of issuance of these financial
statements) which represents a 14.02% of the remaining amount of series M debentures.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Possible
sale of a subsidiary of IDB Tourism</u></b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">On
August 14, 2018, the Board of Directors of IDB Tourism approved its engagement in a memorandum of understanding for the sale of
50% of the issued share capital of a company which manages the incoming tourism operation which is held by Israir for a total
consideration of NIS 26 million (approximately Ps. 285 as of the date of issuance of these financial statements). The closing
of the transaction is expected by November 30, 2018. This transaction does not change the intentions of selling the whole investment
in IDBT, which the management of the company expects to compete before June 2019.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Partial
sale of Clal</u></b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">On
August 30, 2018 continuing with the instructions given by the Commissioner of Capital Markets, Insurance and Savings of Israel,
IDBD has sold 5% of its stake in Clal through a swap transaction in the same conditions that applied to the swap transactions
performed in the preceding months of May and August 2017, January and May 2018. The consideration was set at an amount of approximately
NIS 173 million (equivalent to approximately Ps. 1,766). After the completion of the transaction, IDBD&#8217;s interest in Clal
was reduced to 29.8% of its share capital.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Agreement
to sell plot of land in USA</u></b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">In
August 2018, a subsidiary of IDBG signed an agreement to sell a plot of land next to the Tivoli project in Las Vegas for a consideration
of US$ 18 (approximately Ps. 673 as of the date of issuance of these financial statements). As of June 30, 2018 the book value
of the plot of land was classified as assets held for sale according to IFRS 5 conditions.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Devaluation
of the Argentine Peso</u></b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">As
of the date of issuance of these financial statements, the argentine peso has suffered a devaluation against the US dollar and
other currencies, close to 27.2%, which has an impact on the figures presented on these financial statements, due mainly for the
exposure to the devaluation of (i) certain revenues and costs of segment &#8220;offices and other properties&#8221; segment of
the Operation Center in Argentina, (ii) revenues and costs of the Operation Center in Israel and (iii) our financial assets and
liabilities nominated in foreign currency.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>IRSA
Shareholders&#8217; Meeting</u></b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
Shareholders&#8217; Meeting, held on October 29, 2018, approved among others, Ps. 4,983 of net income for the fiscal year ended
June 30, 2018 to: (i) Payment of a dividend on shares of IRSA CP for up to Ps.1,412 million; and (ii) The constitution of a special
reserve that may be allocated to new projects according to the business development plan of IRSA, to the distribution of dividends,
or to the cancellation of commitments authorizing the Board of directors to decide the application of the funds to any of said
destinations.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Furthermore,
the Shareholders&#8217; Meeting decided to appropriate Ps.16,538 of net income for fiscal year ended June 30, 2017 which hadn&#8217;t
been allocated, to the constitution of a special reserve that may be allocated to new projects according to the business development
plan of IRSA, or to the distribution of dividends.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">On
the other hand, it resolved to empower on the Board of Directors for the creation of a new global program for the issuance of
simple NCN, either secured or unsecured or guaranteed by third parties, for a total amount of up to US$ 500 (five hundred million
US Dollars) (or an equivalent amount in other currencies) before the expiration of the current program.</font></p><span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for events after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 10<br> -IssueDate 2018-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=10&amp;date=2018-03-01&amp;anchor=sect_Disclosure&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6888574352">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Summary of significant accounting policies (Policies)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
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<tr class="ro">
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">These
Consolidated Financial Statements have been prepared in accordance with IFRS issued by IASB and interpretations issued by the
IFRIC. All IFRS applicable as of the date of these Consolidated Financial Statements have been applied.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">IAS
29 "Financial Reporting in Hyperinflationary Economies" requires that the financial statements of an entity whose functional currency
is one of a hyperinflationary economy be expressed in terms of the current unit of measurement at the closing date of the reporting
period, regardless of whether they are based on the historical cost method or the current cost method. To do so, in general terms,
the inflation produced from the date of acquisition or from the revaluation date, as applicable, must be calculated in the non-monetary
items. This requirement also includes the comparative information of the financial statements.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
order to conclude on whether an economy is categorized as hyperinflationary in the terms of IAS 29, the standard details a series
of factors to be considered, including the existence of a cumulative inflation rate in three years that approximates or exceed
100%. Bearing in mind that the downward trend in inflation observed in the previous year has reversed, noticing a significant
increase in inflation during 2018, that it is also expected that the accumulated inflation rate of the last three years will exceed
100% and that the rest of the indicators do not contradict the conclusion that Argentina should be considered a hyperinflationary
economy for accounting purposes, the Management understands that there is sufficient evidence to conclude that Argentina is a
hyperinflationary economy in the terms of IAS 29, starting with the year initiated on July 1, 2018. Consequently, the Company
should restate its next financial statements to be presented after the aforementioned date. However, it must be taken into account
that, as of the date of issuance of these financial statements, Decree PEN 664/03 is in force, and it does not allow the presentation
of restated for inflation financial statements before the National Securities Commission (CNV) and other bodies of corporate control.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
an inflationary period, any entity that maintains an excess of monetary assets over monetary liabilities, will lose purchasing
power, and any entity that maintains an excess of monetary liabilities over monetary assets, will gain purchasing power, provided
that such items are not subject to an adjustment mechanism.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Briefly,
the restatement method of IAS 29 establishes that monetary assets and liabilities must not be restated since they are already
expressed in the current unit of measurement at the end of the reporting period. Assets and liabilities subject to adjustments
based on specific agreements must be adjusted in accordance with such agreements. The non-monetary items measured at their current
values at the end of the reporting period, such as the net realization value or</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">others,
do not need to be restated. The remaining non-monetary assets and liabilities must be restated by a general price index. The loss
or gain from the net monetary position will be included in the net result of the reporting year / period, revealing this information
in a separate line item.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018, the restatement criteria of financial information established in IAS 29 have not been applied. However, in recent
years&#8217; certain macroeconomic variables that affect the Company's businesses, such as wages and prices of inputs, have undergone
annual variations of certain importance. This circumstance must be considered in the evaluation and interpretation of the financial
situation and the results presented by the Company in these financial statements.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">IDBD
and DIC report their quarterly and annual results following the Israeli regulations, whose legal deadlines are after the deadlines
in Argentina and since IDBD and DIC fiscal years end differently from IRSA, the results of operations from IDBD and DIC are consolidated
with a lag of three months and adjusted for the effects of significant transactions taking place in such period. For these reasons,
it is possible to obtain the quarterly results of IDBD and DIC in time so that they can be consolidated by IRSA and reported to
the CNV in its consolidated financial statements within the legal deadlines set in Argentina. This way, the Group's consolidated
comprehensive income for the year ended June 30, 2018 includes the results of IDBD and DIC for the 12-month period from April
1, 2017 to March 31, 2018, adjusted for the significant transactions that occurred between April 1, 2018 and June 30, 2018.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Moreover,
the consolidated comprehensive income of the Group for the year ended June 30, 2016 includes the results of IDBD and DIC operations
for the period from October 11, 2015 (the acquisition of control) through March 31, 2016, adjusted for those significant transactions
that occurred between April 1, 2016 and June 30, 2016.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">All other assets and liabilities are classified as non-current. Current and deferred tax assets and liabilities (income tax liabilities) are presented separately from each other and from other assets and liabilities. Deferred tax assets and liabilities are in all cases presented as non-current while the rest is classifed as current and non-current.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Consolidated Financial Statements are presented in millions of Argentine Pesos. Unless otherwise stated or the context otherwise
requires, references to &#8216;Peso amounts&#8217; or &#8216;Ps.&#8217;, are millions of Argentine Pesos, references to &#8216;US$&#8217;
or &#8216;US Dollars&#8217; are millions of US Dollars and references to "NIS" are millions of New Israeli Shekel.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(d)</b></font></td>
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
fiscal year begins on July 1st and ends on June 30 of each year.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(e)</b></font></td>
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Consolidated Financial Statements have been prepared under historical cost criteria, except for investment properties, financial
assets and financial liabilities (including derivative instruments) measured at fair value through profit or loss, financial assets
held for sale and share-based compensation, which were measured at fair value.</font></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td style="text-align: justify"></td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group reports operating activities cash flows using the indirect method. Interest paid is presented within financing activities.
Interest received is presented within investing activities. The acquisitions and disposals of investment properties are disclosed
within investing activities as this most appropriately reflects the Group&#8217;s business activities. Cash flows in respect to
trading properties are disclosed within operating activities because these items are sold in the ordinary course of business.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
preparation of Financial Statements at a certain date requires the Management to make estimations and evaluations affecting the
amount of assets and liabilities recorded and contingent assets and liabilities disclosed at such date, as well as income and
expenses recorded during the year. Actual results might differ from the estimates and evaluations made at the date of preparation
of these Consolidated Financial Statements. The most significant judgments made by Management in applying the Group&#8217;s accounting
policies and the major estimations and significant judgments are described in Note 3.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfImpendingChangeInAccountingPolicy', window );">New accounting standards</a></td>
<td class="text">&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>New
accounting standards&#160;&lt;/b>&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
following standards and amendments have been issued by the IASB. Below we outline the standards and amendments that may potentially
have an impact on the Group at the time of application.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;u>Standards
and amendments adopted by the Group&#160;&#160;&lt;/u>&lt;/font>&lt;/p>

&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
&lt;tr style="vertical-align: bottom">
    &lt;td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>Standards
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    &lt;td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">Date
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Cycle
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    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Clarifies
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Amendments
    to IAS 7 "Disclosure initiative".&lt;/font>&lt;/td>
    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Establishes
    that the entity shall disclose information so that users of the Financial Statements may assess the changes in liabilities
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    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2018&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #cceeff; vertical-align: bottom">
    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Amendments
    to IAS 12 "Recognition of deferred tax assets for unrealized losses".&lt;/font>&lt;/td>
    &lt;td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Clarifies
    the accounting of deferred income tax assets in the case of unrealized losses from debt instruments measured at fair value.&lt;/font>&lt;/td>
    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2018&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;/table>
&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
adoption of these standards and amendments has not had a material impact for the Group. See details of IAS 7 modifications in
Note 19.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;u>Standards
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&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
&lt;tr style="vertical-align: bottom">
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Amendments
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    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Clarifies
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Cycle
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    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Clarifies
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">IFRS
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    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Adds
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
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    conditions have on cash settled share-based payments, (ii) the Classification of the share-based payment transactions subject
    to net settlement, and (iii) accounting for the amendment of terms and conditions of the share-based payment transaction that
    reclassifies the transaction from cash settled to equity settled.&lt;/font>&lt;/td>
    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #ffffff; vertical-align: bottom">
    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">IFRS
    16 "Leases".&lt;/font>&lt;/td>
    &lt;td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif">Will
    supersede IAS 17 currently in force (and associated interpretations) and its scope includes all leases, with a two specific
    exceptions (low cost assets&#8217; leases and short-term leases). Under the new standard, lessees are required to account
    for leases under one single model in the balance sheet that is similar to the one used to account for financial leases under
    IAS 17. The accounting of the lessor has no significant changes.&lt;/font>&lt;/td>
    &lt;td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2020&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;/table>
&lt;p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
future adoption of these standards modifications and interpretations will not have a significant impact to the Group, except for
the following:&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;u>IFRS
15: Revenues from contracts with customers&#160;&lt;/u>&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
standard introduces a new five step model for recognizing revenue from contracts with customers:&lt;/font>&lt;/p>

&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">1.&lt;/font>&lt;/p>

&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Identifying
the contract with the customer.&lt;/font>&lt;/p>

&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">2.&lt;/font>&lt;/p>

&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Identifying
separate performance obligations in the contract.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">3.&lt;/font>&lt;/p>

&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Determining
the transaction price.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">4.&lt;/font>&lt;/p>

&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Allocating
the transaction price to separate performance obligations.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: left; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">5.&lt;/font>&lt;/p>

&lt;p style="text-align: justify; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Recognizing
revenue when the performance obligations are satisfied.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
Group will apply the cumulative effect approach, therefore, accumulated impact will be recognized in Retained earnings as of July
1, 2018. Comparative figures will not be restated.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;i>Main
effects that affect the Group:&#160;&lt;/i>&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>Costs
of obtaining a contract with a client:&#160;&lt;/b>&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Customer
acquisition costs are capitalized when it is expected that the Group will recover these costs, instead of recognizing these costs
in profit or loss as incurred. Accordingly, incremental incentives and commissions paid to Group employees while resellers for
securing contracts with customers, are recognized as an asset and are amortized to profit or loss, in accordance with the expected
service period from these contracts (over a period of 2-4 years).&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">In
the statements of cash flows, customer acquisition costs paid will be presented as part of cash flows used in investing activities
and the amortization of capitalized customer acquisition costs, will be presented under depreciation and amortization as part
of cash flows from operating activities.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
Group applies the practical exemption specified in the standard and recognizes customer acquisition costs in profit or loss when
the expected amortization period of these costs is one year or less.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>Satisfaction
of performance obligation in real estate contracts:&#160;&lt;/b>&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Revenues
from the sale of offices and apartments will be recognized during the period of construction, in accordance with the work in progress,
instead of upon the delivery or signing of the property&#8217;s deed, if one of the following conditions are met:&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">1.
The customer simultaneously receives and consumes the benefits provided by the Group&#8217;s performance when the Group provides
such services.&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">2.&#160;
The Group&#8217;s performance creates or enhances an asset that is controlled by the customer at the time it is being created
or enhanced.&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">3.
The Group&#8217;s performance does not create an asset with an alternative use for the Group and the Group has the enforceable
right to payment for performance completed to date.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
Group will recognize revenue over time on sales contracts with customers for the development of real estate in which no alternative
use exists but the sale to the client and it has the right to enforce the performance of the contract. When these conditions are
not met, revenue will be recognized at the time of the deed or upon delivery of the asset.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
Group determines the amount of revenue from each contract according to the transaction price and work in progress of the asset
of each customer separately.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;u>IFRS
9: Financial instruments&#160;&lt;/u>&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
new standard includes a new model of "expected credit loss" for receivables or other assets not measured at fair value. The new
model presents a dual measurement approach for impairment: if the credit risk of a financial asset has not increased significantly
since its initial recognition, an allowance for impairment will be recorded in the amount of expected credit losses resulting
from the possible non- compliance events within a certain period. If the credit risk has increased significantly, in most cases
the allowance will increase and the amount of the expected losses should be recorded.&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">In
accordance with the new standard, in cases where a change in terms or exchange of financial liabilities is immaterial and does
not lead, at the time of analysis, to the reduction of the previous liability and recognition of the new liability, the new cash
flows must be discounted at the original effective interest rate, recording the impact of the difference between the present value
of the financial liability that has the new terms and the present value of the original financial liability in net income. As
a result of the application of the new standard, the amount of the liabilities, whose terms were modified and for which a new
effective interest rate was calculated at the time of the change in accordance with IAS 39, will be recalculated from the date
of the change using the original effective interest rate.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;u>IFRS
16: Leases&#160;&lt;/u>&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
Group is currently assessing the impact of the amendments on its Financial Statements. IFRS 16 will be effective for fiscal year
beginning July 1, 2019. On the issue date of these Consolidated Financial Statements, there are no other standards or amendments,
issued by the IASB that are yet to become effective and that are expected to have a material effect on the Group.&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&lt;font style="font: 10pt Times New Roman, Times, Serif">Breakdown
of the expected changes to the financial position of the Group due to the application of IFRS 9 and 15 are described below:&#160;&#160;&lt;/font>&lt;/p>

&lt;table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
&lt;tr style="vertical-align: bottom">
    &lt;td style="width: 40%">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>&#160;&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="width: 15%">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>Current statement of
                           financial position&#160;&lt;/b>&lt;/font>&lt;/p>&lt;/td>
    &lt;td style="width: 15%">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>&#160;&lt;/b>&lt;/font>&lt;/p>
        &lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>IFRS 15 impact&#160;&lt;/b>&lt;/font>&lt;/p>&lt;/td>
    &lt;td style="width: 15%">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>&#160;&lt;/b>&lt;/font>&lt;/p>
        &lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>IFRS 9 impact&#160;&lt;/b>&lt;/font>&lt;/p>&lt;/td>
    &lt;td style="width: 15%">&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;b>&#160;Adjusted statement
                           of financial position&#160;&lt;/b>&lt;/font>&lt;/p>&lt;/td>&lt;/tr>
&lt;tr style="vertical-align: bottom">
    &lt;td style="text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&lt;b>ASSETS&lt;/b>&lt;/font>&lt;/td>
    &lt;td>&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;/font>&lt;/p>
        &lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;/font>&lt;/p>&lt;/td>
    &lt;td>&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;/font>&lt;/p>&lt;/td>
    &lt;td>&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>
        &lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>&lt;/td>
    &lt;td>&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>
        &lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>&lt;/td>&lt;/tr>
&lt;tr style="vertical-align: bottom">
    &lt;td style="text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&lt;b>Non-current
    assets&lt;/b>&lt;/font>&lt;/td>
    &lt;td>&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>
        &lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>&lt;/td>
    &lt;td>&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>
        &lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>
        &lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>&lt;/td>
    &lt;td>&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;/font>&lt;/p>
        &lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>&lt;/td>
    &lt;td>&lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>
        &lt;p>&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #cceeff; vertical-align: bottom">
    &lt;td style="text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trading
    properties&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6,018&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(3,338)&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,680&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #ffffff; vertical-align: bottom">
    &lt;td style="text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Investments
    in associates and joint ventures&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24,650&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(19)&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24,655&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #cceeff; vertical-align: bottom">
    &lt;td style="text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Deferred
    income tax assets&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;380&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(95)&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;285&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #ffffff; vertical-align: bottom">
    &lt;td style="text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
    and other receivables&lt;/font>&lt;/td>
    &lt;td style="border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8,142&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;497&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(63&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)&lt;/font>&lt;/td>
    &lt;td style="border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8,576&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #cceeff; vertical-align: bottom">
    &lt;td style="text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&lt;b>Total
    non-current assets&lt;/b>&lt;/font>&lt;/td>
    &lt;td style="border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;239,755&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;/td>
    &lt;td style="border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(2,912&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)&lt;/font>&lt;/td>
    &lt;td style="border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(82&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)&lt;/font>&lt;/td>
    &lt;td style="border-bottom: #000000 2px solid">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;236,761&lt;/font>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #ffffff; vertical-align: bottom">
    &lt;td style="text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&lt;b>Current
    assets&lt;/b>&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #cceeff; vertical-align: bottom">
    &lt;td style="text-align: justify; text-indent: 0px">&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trading
    properties&lt;/font>&lt;/td>
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,484&#160;&lt;/font>&lt;/td>
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;&lt;/font>&lt;/td>&lt;/tr>
&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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&lt;tr style="background-color: #cceeff; vertical-align: bottom">
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&lt;tr style="background-color: #ffffff; vertical-align: bottom">
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&lt;p style="margin-top: 0; margin-bottom: 0">&lt;/p>

&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify">&#160;&lt;/p>

&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
the date of presentation of these financial statements, the analysis of IFRS 9 in some of the Group's associates is still being&#160;performed,
which could modify the preceding information at the time of effective adoption.&lt;/font>&lt;/p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ScopeOfConsolidationPolicyExplanatory', window );">Scope of consolidation</a></td>
<td class="text"><p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.3.</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scope
of consolidation&#160;</b></font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Subsidiaries
are all entities (including structured entities) over which the Group has control. The Group controls an entity when the Group
is exposed to, or has rights to variable returns from its involvement with the entity and has the ability to affect those returns
through its power over the entity. The Group also analyzes whether there is control when it does not hold more than 50% of the
voting rights of an entity, but does have capacity to define its relevant activities because of de-facto control.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group uses the acquisition method of accounting to account for business combinations. The consideration transferred for the acquisition
of a subsidiary is the fair value of the assets transferred, the liabilities incurred and the equity interests issued by the Group.
Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed
in a business combination are measured initially at their fair values at the acquisition date.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group recognizes any non-controlling interest in the acquiree on an acquisition-by-acquisition basis either at fair value or at
the non-controlling interest&#8217;s proportionate share of the acquirer&#8217;s net assets. The Group chooses the method to be
used on a case-by-case base.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquiree and the acquisition-date
fair value of any previous equity interest in the acquiree over the fair value of the identifiable net assets acquired is recorded
as goodwill. If the total of consideration transferred, non-controlling interest recognized and previously held interest measured
is less than the fair value of the net assets of the subsidiary acquired in the case of a bargain purchase, the difference is
recognized directly in the Statement of Income as &#8220;Bargain purchase gains&#8221;.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group conducts its business through several operating and investment companies, the principal are listed below:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;% of ownership interest
                    held by the Group</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="width: 32%; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Name
    of the entity</b></font></td>
    <td style="width: 10%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Country</b></font></td>
    <td style="width: 10%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Main
    activity</b></font></td>
    <td style="width: 16%; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06.30.2018</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td style="width: 16%; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06.30.2017</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td style="width: 16%; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06.30.2016</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>IRSA's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    CP (1)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;86.34%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;94.61%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;94.61%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">E-Commerce
    Latina S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Efanur
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hoteles
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    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hotel</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Inversora
    Bol&#237;var S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Llao
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    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hotel</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Nuevas
    Fronteras S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hotel</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.34%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.34%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Palermo
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    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Ritelco
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    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Tyrus
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">U.T.
    IRSA and Galer&#237;as Pac&#237;fico (2) (6)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>IRSA
    CP's direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Arcos
    del Gourmet S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;90.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;90.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;90.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Emprendimiento
    Recoleta S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;53.68%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;53.68%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;53.68%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Fibesa
    S.A. (3)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Panamerican
    Mall S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Shopping
    Neuqu&#233;n S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;99.92%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;99.92%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;99.14%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Torodur
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">EHSA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;70.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;70.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Centro
    de Entretenimiento La Plata (6)</font></td>
    <td style="text-align: center; padding-right: -4px; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; padding-right: -4px; padding-left: 12px; text-indent: -12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Tyrus
    S.A.'s direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">DFL
    (4)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;91.57%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;91.57%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;91.57%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">I
    Madison LLC</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    Development LP</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    International LLC</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Jiwin
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Liveck
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Investment Group IV LP (REIG IV)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Investment Group V LP (REIG V)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Strategies LLC</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; padding-right: -4px; padding-left: 12px; text-indent: -12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Efanur
    S.A.'s direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Investment Group VII LP (REIG VII)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>DFL's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IDB
    Development Corporation Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.28%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;66.28%-</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Dolphin
    IL Investment Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; padding-right: -4px; padding-left: 12px; text-indent: -12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>DIL's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    Investment Corporation Ltd. (4)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.57%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;77.25%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.43%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>IDBD's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IDB
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Elron
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    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bartan
    Holdings and Investments Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;55.68%</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Epsilon
    Investment House Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.75%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.75%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.75%</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></p>

<p style="text-align: justify; text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;
Includes interest held through E-Commerce Latina S.A. and Tyrus S.A.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;
The Group has consolidated the investment in Llao Llao Resorts S.A. and UT IRSA and Galer&#237;as Pac&#237;fico considering its
equity interest and a shareholder agreement that confers it majority of votes in the decision making process.</font></p>

<p style="text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(3)
Includes interest held through Ritelco S.A. and Torodur S.A.</font></p>

<p style="text-indent: 0px; margin-left: 0"><font style="font: 10pt Times New Roman, Times, Serif">(4)<font style="letter-spacing: 12px">&#160;</font>Includes
Tyrus's equity interest. Until the present financial year, the participation was through Tyrus S.A. and IDBD.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(5)</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">DIC
considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-&#224;-vis
other shareholders, with a stake of 46.16%, also taking into account the historic voting performance in the &#160;&#160;&#160;
&#160;&#160;&#160; &#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160; Shareholders&#8217; Meetings, as well as the evaluation
of the holdings of the remaining shareholders, which are highly atomized.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(6)
&#160;&#160; Corresponds to acquisitions and constitutions of new entities considered not material as a whole.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(7)
&#160;&#160; Control was lost in June 30, 2018. See Note 4.G.</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;
Except for the aforementioned items the percentage of votes does not differ from the stake.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group takes into account both quantitative and qualitative aspects in order to determine which non-controlling interests in subsidiaries
are considered significant.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Changes
in ownership interests in subsidiaries without change of control&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Transactions
with non-controlling interests that do not result in loss of control are accounted for as equity transactions &#8211; i.e., as
transactions with the owners in their capacity as owners. The recorded value corresponds to the difference between the fair value
of the consideration paid and/or received and the relevant share acquired and/or transferred of the carrying value of the net
assets of the subsidiary.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(c)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Disposal
of subsidiaries with loss of control&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">When
the Group ceases to have control any retained interest in the entity is re-measured at its fair value at the date when control
is lost, with changes in carrying amount recognized in profit or loss. The fair value is the initial carrying amount for the purposes
of subsequently accounting for the retained interest as an associate, joint venture or financial asset. In addition, any amounts
previously recognized in other comprehensive income in respect of that entity are accounted for as if the Group had directly disposed
of the related assets or liabilities. This may mean that amounts previously recognized in other comprehensive income are reclassified
to profit or loss.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(d)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Associates</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Associates
are all entities over which the Group has significant influence but not control, usually representing an interest between 20%
and at least 50% of the voting rights. Investments in associates are accounted for using the equity method of accounting, except
as otherwise indicated as explained below. Under the equity method, the investment is initially recognized at cost, and the carrying
amount is increased or decreased to recognize the investor&#8217;s share of the profit or loss of the investee after the date
of acquisition. The Group&#8217;s investment in associates includes goodwill identified on acquisition.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">As
of each year-end or upon the existence of evidence of impairment, a determination is made as to whether there is any objective
indication of impairment in the value of the investments in associates. If this is the case, the Group calculates the amount of
impairment as the difference between the recoverable amount of the Associates and its carrying value and recognizes the amount
adjacent to "Share of profit / (loss) of associates and joint ventures " in the Statement of Income and Other Comprehensive Income.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Profit
and losses resulting from transactions between the Group and the associate are recognized in the Group's financial statements
only to the extent of the interests in the associates of the unrelated investor. Unrealized losses are eliminated unless the transaction
reflects signs of impairment of the value of the asset transferred. The accounting policies of associates are modified to ensure
uniformity within Group policies.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group takes into account quantitative and qualitative aspects to determine which investments in associates are considered significant.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Note
8 includes summary financial information and other information of the Group's associates.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>(e)</b></font></p>

<p style="text-align: justify; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint
arrangements&#160;</b></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Joint
arrangements are arrangements of which the Group and other party or parties have joint control bound by a contractual arrangement.
Under IFRS 11, investments in joint arrangements are classified as either joint ventures or joint operations depending on the
contractual rights and obligations each investor has rather than the legal structure of the joint arrangement. A joint venture
is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement.
A joint operation is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the assets,
and obligations for the liabilities, relating to the arrangement. The Group has assessed the nature of its joint arrangements
and determined them to be joint ventures.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Investments
in joint ventures are accounted for under the equity method. Under the equity method of accounting, interests in joint ventures
are initially recognized in the Consolidated Statements of Financial Position at cost and adjusted thereafter to recognize the
Group&#8217;s share of post-acquisition profits or losses and other comprehensive income in the Statements of Income and Other
Comprehensive Income.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group determines at each reporting date whether there is any objective evidence that the investment in a joint ventures is impaired.
If this is the case, the Group calculates the amount of impairment as the difference between the recoverable amount of the joint
venture and its carrying value and recognizes such difference in "Share of profit / (loss) of associates and joint ventures" in
the Statements of Income.</font> </p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SegmentReportingPolicyExplanatory', window );">Segment information</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.4.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Segment information</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Operating
segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision-Maker (&#8220;CODM&#8221;),
responsible for allocating resources and assessing performance. The operating segments are described in Note 6.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory', window );">Foreign currency translation</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.5.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign currency
    translation</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Functional and
    presentation currency</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Items
included in the Financial Statements of each of the Group&#8217;s entities are measured using the currency of the primary economic
environment in which the entity operates (&#8216;the functional currency&#8217;). The Consolidated Financial Statements are presented
in Argentine Pesos, which is the Group&#8217;s presentation currency.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)</b></font></td>
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    and balances in foreign currency</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions.
Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange
rates of monetary assets and liabilities nominated in foreign currencies are recognized in the profit or loss for the year.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
exchange gains and losses are presented in the Statement of Income within finance income and finance costs, as appropriate, unless
they have been capitalized.</font></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td><td style="text-align: justify"></td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(c)</b></font></td>
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
results and financial position of all the Group entities (none of which has the currency of a hyperinflationary economy) that
have a functional currency different from the presentation currency are translated into the presentation currency as follows:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 21.25pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">assets, liabilities
    and goodwill for each Statement of Financial Position presented are translated at the closing rate at the date of that financial
    position;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 21.25pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">income and expenses
    for each Statement of Comprehensive Income are translated at average exchange rates (unless this average is not a reasonable
    approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses
    are translated at the rate on the dates of the transactions); and </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 21.25pt"><font style="font: 10pt Times New Roman, Times, Serif">(iii)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">all resulting exchange
    differences are recognized in the Statement of Comprehensive Income.</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 56.7pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
accounting policy of the Group consists in accounting the translation difference of its subsidiaries by the &#8220;step-by-step&#8221;
method according to IAS 21.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory', window );">Investment properties</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.6.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investment properties</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Investment
properties are those properties owned by the Group that are held either to earn long-term rental income or for capital appreciation,
or both, and that are not occupied by the Group for its own operations. Investment property also includes property that is being
constructed or developed for future use as investment property. The Group also classifies as investment properties land whose
future use has not been determined yet. The Group&#8217;s investment properties primarily comprise the Group&#8217;s portfolio
of shopping malls and offices, certain property under development and undeveloped land.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Where
a property is partially owner-occupied, with the rest being held for rental income or capital appreciation, the Group accounts
for the portions separately. The portion that is owner-occupied is accounted for as property, plant and equipment under IAS 16
&#8220;Property, Plant and Equipment&#8221; and the portion that is held for rental income or capital appreciation, or both, is
treated as investment properties under IAS 40 &#8220;Investment Properties&#8221;.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Investment
properties are measured initially at cost. Cost comprises the purchase price and directly attributable expenditures, such as legal
fees, certain direct taxes, commissions and in the case of properties under construction, the capitalization of financial costs.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">For
properties under development, capitalization of costs includes not only financial costs, but also all costs directly attributable
to works in process, from commencement of construction until it is completed and property is in conditions to start operating.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Direct
expenses related to lease contract negotiation (such as payment to third parties for services rendered and certain specific taxes
related to execution of such contracts) are capitalized as part of the book value of the relevant investment properties and amortized
over the term of the lease.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Borrowing
costs associated with properties under development or undergoing major refurbishment are capitalized. The finance cost capitalized
is calculated using the Group&#8217;s weighted average cost of borrowings after adjusting for borrowings associated with specific
developments. Where borrowings are associated with specific developments, the amount capitalized is the gross interest incurred
on those borrowings less any investment income arising on their temporary investment. Finance cost is capitalized from the commencement
of the development work until the date of practical completion. Capitalization of finance costs is suspended if there are prolonged
periods when development activity is interrupted. Finance cost is also capitalized on the purchase cost of land or property acquired
specifically for redevelopment in the short term but only where activities necessary to prepare the asset for redevelopment are
in progress.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">After
initial recognition, investment property is carried at fair value. Investment property that is being redeveloped for continuing
use as investment property or for which the market has become less active continues to be measured at fair value. Investment properties
under construction are measured at fair value if the fair value is considered to be reliably determinable. On the other hand,
properties under construction for which the fair value cannot be determined reliably, but for which the Group expects it to be
determinable when construction is completed, are measured at cost less impairment until the fair value becomes reliably determinable
or construction is completed, whichever is earlier.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Fair
values are determined differently depending on the type of property being measured.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Generally,
for the Operations Center in Argentina, fair value of office buildings and land reserves is based on active market prices, adjusted,
if necessary, for differences in the nature, location or condition of the specific asset. If this information is not available,
the Group uses alternative valuation methods, such as recent prices on less active markets or discounted cash flow projections.
Fair value of office building for the Operations Center in Israel is based on discounted cash flow projections.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of the Group&#8217;s portfolio of Shopping Malls is based on discounted cash flow projections. This method of valuation
is commonly used in the shopping mall industry in the region where the Group conducts its operations.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of office buildings in the Operations Center in Israel is based on discounted cash flow projections.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
required by CNV 576/10 Resolution, valuations are performed as of the financial position date by accredited externals appraisers
who have recognized professional qualifications and have recent experience in the location and category of the investment property
being valued. These valuations form the basis for the carrying amounts in the Consolidated Financial Statements. The fair value
of investment property reflects, among other things, rental income from current leases and other assumptions market participants
would make when pricing the property under current market conditions.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Subsequent
expenditures are capitalized to the asset&#8217;s carrying amount only when it is probable that future economic benefits associated
with the expenditure will flow to the Group and the cost can be measured reliably. All other repairs and maintenance costs are
expensed when incurred. When part of an investment property is replaced, the carrying amount of the replaced part is derecognized.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Changes
in fair values are recognized in the Statement of Income under the line item &#8220;Net gain from fair value adjustment of investment
properties&#8221;.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Asset
transfers, including assets classified as investments properties which are reclassified under other items or vice-versa, may only
be carried out when there is a change of use evidenced by: a) commencement of occupation of real property by the Group, where
investment property is transferred to property, plant and equipment; b) commencement of development activities for sale purposes,
where investment property is transferred to property for sale; c) the end of Group occupation, where it is transferred from property,
plant and equipment to investment properties; or d) commencement of an operating lease transaction with a third party, where properties
for sale are transferred to investment property. The value of the transfer is the one that the property had at the time of the
transfer and subsequently is valued in accordance with the accounting policy related to the item.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group may sell its investment property when it considers that such property no longer forms part of the lease business. The carrying
value immediately prior to the sale is adjusted to the transaction price, and the adjustment is recorded in the Statement of Income
in the line &#8220;Net gain from fair value adjustments of investment properties&#8221;.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Investment
properties are derecognized when they are disposed of or when they are permanently withdrawn from use and no future economic benefits
are expected to arise from their disposals. The disposal of properties is recognized when the significant risks and rewards have
been transferred to the buyer. As for unconditional agreements, proceeds are accounted for when title to property passes to the
buyer and the buyer intends to make the respective payment. In the case of conditional agreements, where such conditions have
been met. Where consideration receivable for the sale of the properties is deferred, it is discounted to present value. The difference
between the discounted amount and the amount receivable is treated as interest income and recognized over the period using the
effective interest method. Direct expenses related to the sale are recognized in the line "Other operating results, net" in the
Statement of Income at the time they are incurred.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory', window );">Property, plant and equipment</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.7.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Property, plant
    and equipment</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">This
category primarily comprises, buildings or portions of a building used for administrative purposes, machines, computers, and other
equipment, motor vehicles, furniture, fixtures and fittings and improvements to the Group&#8217;s corporate offices.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group has also several hotel properties. Based on the respective contractual arrangements with hotel managers and / or given their
direct operators nature, the Group considers it retains significant exposure to the variations in the cash flows of the hotel
operations, and accordingly, hotels are treated as owner-occupied properties and classified under "Property, plant and equipment".</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">All
property, plant and equipment (&#8220;PPE&#8221;) is stated at acquisition cost less depreciation and accumulated impairment,
if any. The acquisition cost includes expenditures which are directly attributable to the acquisition of the items. For properties
under development, capitalization of costs includes not only financial costs, but also all costs directly attributable to works
in process, from commencement of construction until it is completed and the property is in conditions to start operating.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Subsequent
costs are included in the asset&#8217;s carrying amount or recognized as a separate asset, as appropriate, only when it is probable
that future economic benefits associated with the item will flow to the Group and the cost of the item can be measured reliably.
Such costs may include the cost of improvements and replacement of parts as they meet the conditions to be capitalized. The carrying
amount of those parts that are replaced is derecognized. Repairs and maintenance are charged as incurred in the Statement of Income.
Depreciation, based on a component approach, is calculated using the straight-line method to allocate the cost over the assets&#8217;
estimated useful lives.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The remaining useful life as of June 30, 2018 is as follows:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="width: 69%; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Buildings
    and facilities</font></td>
    <td style="width: 31%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
    5 and 50 years</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Machinery
    and equipment</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
    3 and 24 years</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Communication
    networks</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
    4 and 20 years</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Others</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
    3 and 25 years</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
of each fiscal year-end, an evaluation is performed to determine the existence of indicators of any decrease in recoverable value
or useful life of assets. If there are any indicators, the recoverable amount and/or residual useful life of impaired asset(s)
is estimated, and an impairment adjustment is made, if applicable. As of each fiscal year-end, the residual useful life of assets
is estimated and adjusted, if necessary. The book amount of an asset is reduced to its recoverable value if the book value greater
than its estimated recoverable value.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Gains
from the sale of these assets are recognized when the significant risks and rewards have transferred to the buyer. This will normally
take place on unconditional exchange, generally when legal title passes to the buyer and it is probable that the buyer will pay.
For conditional exchanges, sales are recognized when these conditions are satisfied. Gains and losses on disposals are determined
by comparing the proceeds net of direct expenses related to such sales, with the carrying amount as of the date of each transaction.
Gains and losses from the disposal of property, plant and equipment items are recognized within &#8220;Other operating results,
net&#8221; in the Statement of Income.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">When
assets of property, plant and equipment are transferred to investment property, the difference between the value at cost transferred
and the fair value of the investment property is allocated to a reserve within equity.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory', window );">Leases</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.8.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Leases</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Leases
are classified at their inception as either operating or finance leases based on the economic substance of the agreement.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">A
Group company is the lessor:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Properties
leased out to tenants under operating leases are included in &#8220;Investment Properties&#8221; in the Statement of Financial
Position. See Note 2.25 for the recognition of rental income.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group has not leased out to tenants under financial leases.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">A
Group company is the lessee:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group acquires certain specific assets (especially machinery and computer equipment) under finance leases. Finance leases are
capitalized at the commencement of the lease at the lower of the fair value of the property and the present value of the minimum
lease payments. Capitalized lease assets are depreciated over the shorter of the estimated useful life of the assets and the lease
term. The finance charges are charged over the lease period so as to produce a constant periodic rate of interest on the remaining
balance of the liability for each period. Liabilities corresponding to finance leases, measured at discounted value, are included
in current and non-current borrowings.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Operating
leases where the Group acts as lessee were charged to results at the time they accrue. They mainly include offices and properties
for commercial uses.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory', window );">Intangible assets</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.9.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Intangible assets</b></font></td></tr>
</table>
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td><td style="text-align: justify"></td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Goodwill</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill
represents future economic benefits arising from assets that are not capable of being individually identified and separately recognized
by the Group on an acquisition. Goodwill is initially measured as the difference between the fair value of the consideration transferred,
plus the amount of non-controlling interest in the acquisition and, in business combinations achieved in stages, the acquisition-date
fair value of the previously held equity interest in the acquisition; and the net fair value of the identifiable assets and liabilities
assumed on the acquisition date.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill
is not amortized but tested for impairment at each fiscal year-end, or more frequently if there is an indication of impairment.
For the purpose of impairment testing, assets are grouped at the lowest levels for which there are separately identifiable cash
flows, referred to as cash-generating units (&#8220;CGU&#8221;). In order to determine whether any impairment loss should be recognized,
the book value of CGU or CGU groups is compared against its recoverable value. Net book value of CGU and CGU groups include goodwill
and assets with limited useful life (such as, investment properties, property, plant and equipment, intangible assets and working
capital).</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">If
the recoverable amount of the CGU is less than the carrying amount of the unit, the impairment loss is allocated first to reduce
the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro rata on the basis of the
carrying amount of each asset in the unit. Impairment losses recognized for goodwill are not reversed in a subsequent period.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
recoverable amount of a CGU is the higher of the fair value less costs-to-sell and the value-in-use. The fair value is the amount
at which a CGU may be sold in a current transaction between unrelated, willing and duly informed parties. Value-in-use is the
present value of all estimated future cash flows expected to be derived from CGU or CGU groups.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill
is assigned to the Group's cash generating units on the basis of operating segments. The recoverable amount of a cash generating
unit is determined based on fair value calculations. These calculations use the price of the CGU assets and they are compared
with the book values plus the goodwill assigned to each cash generating unit.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">No
impairment was recorded as a result of the analysis performed.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Computer software
    </b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Acquired
computer software licenses are capitalized on the basis of the costs incurred to acquire and bring to use the specific software.
These costs are amortized over their estimated useful lives of three years. Costs associated with maintaining computer software
programs are recognized as an expense as incurred.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(c)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Branding and
    client relationships</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">This
relates to the fair value of brands and client relationships arising at the time of the business combination with IDBD. They are
subsequently valued at cost, less the accumulated amortization or impairment. Client relationships have an average twelve-year
useful life, while one of the brands have an indefinite useful life and the other ten-year useful life.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(d)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Right to receive
    future units under barter agreements</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group also enters into barter transactions where it normally exchanges undeveloped parcels of land with third-party developers
for future property to be constructed on the bartered land. The Group generally receives monetary assets as part of the transactions
and/or a right to receive future units to be constructed by developers. Such rights are initially recognized at cost (which is
the fair value of the land assigned) and are not adjusted later, unless there is any sign of impairment.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">At
each year-end, the Group reviews the carrying amounts of its intangible assets to determine whether there is any indication that
those assets have suffered an impairment loss. If any of such signs exists, the recoverable amount of the asset is estimated in
order to determine the extent, if any, of the impairment loss. For intangible assets with indefinite useful lives, the Group annually
reviews the existence of an impairment, or more frequently if signs of impairment are identified.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory', window );">Trading properties</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.10.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trading properties</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Trading
properties comprises those properties either intended for sale or in the process of construction for subsequent sale. Trading
properties are carried at the lower of cost and net realizable value. Where there is a change in use of investment properties
evidenced by the commencement of development with a view to sale, the properties are reclassified as trading properties at cost,
which is the carrying value at the date of change in use. They are subsequently carried at the lower of cost and net realizable
value. Cost comprises all costs of purchase, costs of conversion and other costs incurred in bringing the trading properties to
their present location and condition.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories', window );">Inventories</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.11.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Inventories </b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Inventories
include assets held for sale in the ordinary course of the Group's business activities, assets in production or construction process
for sale purposes, and materials, supplies or other assets held for consumption in the process of producing sales and/or services.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Inventories
are measured at the lower of cost or net realizable value.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
realizable value is the estimated selling price in the ordinary course of business less selling expenses. It is determined on
an ongoing basis, taking into account the product type and aging, based on the accumulated prior experience with the useful life
of the product. The Group periodically reviews the inventory and its aging and books an allowance for impairment, as necessary.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
cost of consumable supplies, materials and other assets is determined using the weighted average cost method, the cost of inventories
of mobile phones, related accessories and spare parts is priced under the moving average method, and the cost of the remaining
inventories is priced under the first in, first out (FIFO) method.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Cost
comprises all costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location
and condition. Inventories and materials are initially recognized at cash price, and the difference being charged as finance cost.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory', window );">Financial instruments</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.12.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial instruments</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group classifies financial assets in the following categories: those to be measured subsequently at fair value, and those to be
measured at amortized cost. This classification depends on whether the financial asset is an equity investment or a debt investment.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Debt
investments</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">A
debt investment is classified at amortized cost only if both of the following criteria are met: (i) the objective of the Group&#8217;s
business model is to hold the asset to collect the contractual cash flows; and (ii) the contractual terms give rise on specified
dates to cash derived solely from payments of principal and interest due on the principal outstanding. The nature of any derivatives
embedded in the debt investment are considered in determining whether the cash derives solely from payment of principal and interest
due on the principal outstanding and are not accounted for separately.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">If
either of the two criteria mentioned in the previous paragraph is not met, the debt instrument is classified at fair value through
profit or loss. The Group has not designated any debt investment as measured at fair value through profit or loss to eliminate
or significantly reduce an accounting mismatch. Changes in fair values and gains from disposal of financial assets at fair value
through profit or loss are recorded within &#8220;Financial results, net&#8221; in the Statement of Income.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
investments</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">All
equity investments, which are neither subsidiaries nor associate companies nor joint venture of the Group, are measured at fair
value. Equity investments that are held for trading are measured at fair value through profit or loss. For all other equity investments,
the Group can make an irrevocable election at initial recognition to recognize changes in fair value through other comprehensive
income rather than profit or loss. The Group decided to recognize changes in fair value of equity investments through changes
in profit or loss.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">At
initial recognition, the Group measures a financial asset at its fair value plus, in the case of a financial asset not at fair
value through profit or loss, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction
costs of financial assets carried at fair value though profit or loss are expensed in the Statement of Income.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
general, the Group uses the transaction price to ascertain the fair value of a financial instrument on initial recognition. In
the other cases, the Group records a gain or loss on initial recognition only if the fair value of the financial instrument can
be supported by other comparable transactions observable in the market for the same type of instrument or if based on a technical
valuation that only inputs observable market data. Unrecognized gains or losses on initial recognition of a financial asset are
recognized later on, only to the extent they arise from a change in factors (including time) that market participants would consider
upon setting the price.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Gains/losses
on debt instruments measured at amortized cost and not identified for hedging purposes are charged to income where the financial
assets are derecognized or an impairment loss is recognized, and during the amortization process under the effective interest
method. The Group is required to reclassify all affected debt investments when and only when its business model for managing those
assets changes.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group assesses at the end of each reporting period whether there is objective evidence that a financial asset or group of financial
assets measured at amortized cost is impaired. A financial asset or a group of financial assets is impaired and impairment losses
are incurred only if there is objective evidence of impairment as a result of one or more events that occurred after the initial
recognition of the asset (a &#8216;loss event&#8217;) and that loss event (or events) can be reliably estimated. The amount of
the loss is measured as the difference between the asset&#8217;s carrying amount and the present value of estimated future cash
flows (excluding future credit losses that have not been incurred) discounted at the financial asset&#8217;s original effective
interest rate.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
assets and liabilities are offset, and the net amount reported in the statement of financial position, when there is a legally
enforceable right to offset the recognized amounts and there is an intention to settle on a net basis, or realize the asset and
settle the liability simultaneously.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory', window );">Derivative financial instruments and hedging activities and options</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.13.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Derivative financial
    instruments and hedging activities and options</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
financial instruments are initially recognized at fair value. The method of recognizing the resulting gain or loss depends on
whether the derivative is designated as a hedging instrument, and if so, the nature of the item being hedged.</font></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td style="text-align: justify"></td></tr></table>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group manages exposures to various risks using hedging instruments that provide coverage. The Group does not use derivative financial
instruments for speculative purposes. To date, the Group has used put and call options, foreign currency future and forward contracts
and interest rate swaps, as appropriate.</font></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td style="text-align: justify"></td></tr></table>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s policy is to apply hedge accounting where it is permissible under IFRS 9, practical to do so and its application
reduces volatility, but transactions that may be effective hedges in economic terms may not always qualify for hedge accounting
under IFRS 9.</font></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td style="text-align: justify"></td></tr></table>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
fair values of financial instruments that are traded in active markets are computed by reference to market prices. The fair value
of financial instruments that are not traded in an active market is determined by using valuation techniques. The Group uses its
judgment to select a variety of methods and make assumptions that are mainly based on market conditions existing at the end of
each reporting year.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
stock call options involving shares of subsidiaries agreed at a fixed price are accounted for under shareholders&#8217; equity.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsOfAssetsAndLiabilitiesHeldForSalePolicyExplanatory', window );">Groups of assets and liabilities held for sale</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.14.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Groups of assets
    and liabilities held for sale</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
groups of assets and liabilities are classified as held for sale where the Group is expected to recover their value by means of
a sale transaction (rather than through use) and where such sale is highly probable. Groups of assets and liabilities held for
sale are valued at the lower of their net book value and fair value less selling costs.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory', window );">Trade and other receivables</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.15.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade and other
    receivables</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
receivables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">An
allowance for doubtful accounts is recorded where there is objective evidence that the Group may not be able to collect all receivables
within their original payment term. Indicators of doubtful accounts include significant financial distress of the debtor, the
debtor potentially filing a petition for reorganization or bankruptcy, or any event of default or past due account.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">In
the case of larger non-homogeneous receivables, the impairment provision is calculated on an individual basis.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group collectively evaluates smaller-balance homogeneous receivables for impairment. For that purpose, they are grouped on the
basis of similar risk characteristics, and account asset type, collateral type, past-due status and other relevant factors are
taken into account.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
amount of the allowance is the difference between the asset&#8217;s carrying amount and the present value of estimated future
cash flows, discounted at the original effective interest rate. The carrying amount of the asset is reduced through the use of
a separate account, and the amount of the loss is recognized in the Statements of Income within &#8220;Selling expenses&#8221;.
Subsequent recoveries of amounts previously written off are credited against &#8220;Selling expenses&#8221; in the Statements
of Income.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherAssetsExplanatory', window );">Other assets</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.16.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other assets</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
assets are recognized initially at cost and subsequently measured at the acquisition cost or the net realizable value, the lower.
Within this item the Group includes CLN tokens (digital assets).</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory', window );">Trade and other payables</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.17.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade and other
    payables</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
payables are initially recognized at fair value and subsequently measured at amortized cost using the effective interest method.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory', window );">Borrowings</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.18.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
are recognized initially at fair value, net of transaction costs incurred. Borrowings are subsequently stated at amortized cost;
any difference between the proceeds (net of transaction costs) and the redemption value is recognized as finance cost over the
period of the borrowings using the effective interest method.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory', window );">Provision</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.19.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Provisions</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Provisions are recognized when: (i) the Group has a present (legal or constructive) obligation as a result of past events; (ii) it is probable that an outflow of resources will be required to settle the obligation; and (iii) a reliable estimate of the amount of the obligation can be made. Provisions are not recognized for future operating losses.</font></p>



<p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"> The Group bases its accruals on up-to-date developments, estimates of the outcomes of the matters and legal counsel&#180;s experience in contesting, litigating and settling matters. As the scope of the liabilities becomes better defined or more information is available, the Group may be required to change its estimates of future costs, which could have a material adverse effect on its results of operations and financial condition or liquidity.</font></p>


<p style="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"> Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provisions due to passage of time is recognized in the Statements of Income.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionOfAccountingPolicyOnerousContractsExplanatory', window );">Onerous contracts</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.20.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Onerous contracts</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">A
provision for onerous contracts is recognized when the expected benefits are lower than the costs of complying with contractual
obligations. The provision is measured at the present value of the lower of the expected cost of terminating the contract and
the net expected cost of continuing the contract. Before recognizing a provision, the Group recognizes the impairment of the assets
related to the mentioned contract.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableRightOfUseOfCapacityOfUnderwaterCommunicationLinesPolicyExplanatory', window );">Irrevocable right of use of the capacity of underwater communication lines</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.21.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Irrevocable right
    of use of the capacity of underwater communication lines</b></font></td></tr>
</table>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Transactions
carried out to acquire an irrevocable right of use of the capacity of underwater communication lines are accounted for as service
contracts. The amount paid for the rights of use of the communication lines is recognized as &#8220;Prepaid expenses&#8221; under
trade and other receivables, and is amortized over a straight-line basis during the period set forth in the contract (including
the option term), which is the estimated useful life of such capacity.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory', window );">Employee benefits</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.22.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Employee benefits
    </b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Defined contribution
    plans</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group operates a defined contribution plan, which is a pension plan under which the Group pays fixed contributions into a separate
entity. The Group has no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets
to pay all employees the benefits relating to employee service in the current year or prior periods. The contributions are recognized
as employee benefit expense in the Statements of Income in the fiscal year they are due.</font></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>&#160;</i></b></font></td><td style="text-align: justify"></td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Termination benefits</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Termination
benefits are payable when employment is terminated by the Group before the normal retirement date, or whenever an employee accepts
voluntary redundancy in exchange for these benefits. The Group recognizes termination benefits when it is demonstrably committed
to either terminating the employment of current employees according to a detailed formal plan without possibility of withdrawal
or as a result of an offer made to encourage voluntary termination as a result of redundancy.</font></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td style="text-align: justify"></td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(c)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Bonus plans</b></font></td></tr>
</table>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group recognizes a liability and an expense for bonuses based on a formula that takes into consideration the profit attributable
to the Company&#8217;s shareholders after certain adjustments. The Group recognizes a provision where contractually obliged or
where there is a past practice that has created a constructive obligation.</font></p>

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<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(d)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Defined benefit
    plans</b></font></td></tr>
</table>
<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s net obligation concerning defined benefit plans are calculated on an individual basis for each plan, estimating
the future benefits employees have gained in exchange for their services in the current and prior periods. The benefit is disclosed
at its present value, net of the fair value of the plan assets. Calculations are made on an annual basis by a qualified actuary.</font></p>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td style="text-align: justify"></td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(e)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share-based payments</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of share-based payments is measured at the date of grant. The Group measures the fair value using the valuation technique
that it considers to be the most appropriate to value each class of award. Methods used may include Black-Scholes calculations
or other models as appropriate. The valuations take into account factors such as non-transferability, exercise restrictions and
behavioral considerations.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
fair value of the share-based payment is expensed and charged to income under the straight-line method over the vesting period
in which the right to the equity instrument becomes irrevocable (&#8220;vesting period&#8221;); such value is based on the best
available estimate of the number of equity instruments expected to vest. Such estimate is revised if subsequent information available
indicates that the number of equity instruments expected to vest differs from original estimates.</font></p>

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<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0.25in"><font style="font: 10pt Times New Roman, Times, Serif"><b>(f)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other long-term
    benefits</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
net obligations of IDBD, DIC and its subsidiaries concerning employee long-term benefits, other than retirement plans, is the
amount of the minimum future benefits employees have gained in exchange for their services in the current and prior periods. These
benefits are discounted at their present values.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CurrentIncomeTaxDeferredIncomeTaxAndMinimumPresumedIncomeTaxPolicyExplanatory', window );">Current income tax, deferred income tax and minimum presumed income tax</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.23.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current income
    tax, deferred income tax and minimum presumed income tax</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Tax
expense for the year comprises the charge for tax currently payable and deferred income. Income tax is recognized in the statements
of income, except to the extent that it relates to items recognized in other comprehensive income or directly in equity, in which
case, the tax is also recognized in other comprehensive income or directly in equity, respectively.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Current
income tax charge is calculated on the basis of the tax laws enacted or substantially enacted at the date of the Statements of
Financial Position in the countries where the Company and its subsidiaries operate and generate taxable income. The Group periodically
evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation.
The Group establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax is recognized, using the deferred tax liability method, on temporary differences arising between the tax bases of assets
and liabilities and their carrying amounts in the Consolidated Financial Statements. However, deferred tax liabilities are not
recognized if they arise from the initial recognition of goodwill; deferred income tax is not accounted for if it arises from
initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction
affects neither accounting nor taxable profit or loss. Deferred income tax is determined using tax rates (and laws) that have
been enacted or substantively enacted by the date of the Statements of Financial Position and are expected to apply when the related
deferred income tax asset is realized or the deferred income tax liability is settled.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax assets are recognized only to the extent that it is probable that future taxable profit will be available against which
the temporary differences can be utilized. Deferred income tax is provided on temporary differences arising on investments in
subsidiaries, joint ventures and associates, except for deferred income tax liabilities where the timing of the reversal of the
temporary difference is controlled by the Group and it is probable that the temporary difference will not reverse in the foreseeable
future.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets against current
tax liabilities and when the deferred income taxes assets and liabilities relate to income taxes levied by the same taxation authority
on either the same taxable entity or different taxable entities where there is an intention to settle the balances on a net basis.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group is able to control the timing of dividends from its subsidiaries and hence does not expect taxable profit. Hence, deferred
tax is recognized in respect of the retained earnings of overseas subsidiaries only if at the date of the Statements of Financial
Position, dividends have been accrued as receivable a binding agreement to distribute past earnings in future has been entered
into by the subsidiary or there are sale plans in the foreseeable future.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Entities
in Argentina are subject to the Minimum Presumed Income Tax (&#8220;MPIT&#8221;). Pursuant to this tax regime, an entity is required
to pay the greater of the income tax or the MPIT. The MPIT provision is calculated on an individual entity basis at the statutory
asset tax rate of 1% and is based upon the taxable assets of each company as of the end of the year, as defined by Argentine law.
Any excess of the MPIT over the income tax may be carried forward and recognized as a tax credit against future income taxes payable
over a 10-year period. When the Group assesses that it is probable that it will use the MPIT payment against future taxable income
tax charges within the applicable 10-year period, recognizes the MPIT as a current or non-current receivable, as applicable, within
&#8220;Trade and other receivables&#8221; in the Statements of Financial Position.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
minimum presumed income tax was repeeled by Law N &#176; 27,260 in its article 76 for the periods that begin as of January 1,
2019.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Regarding
the above mentioned, considering the recent Instruction No. 2 of the Federal Administration of Public Revenues (AFIP), it is not
appropriate to record the provision of the above mention tax, in the event that accounting and tax losses occur.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.24.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash and cash
    equivalents</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Cash
and cash equivalents include cash on hand, deposits held with banks, and other short-term highly liquid investments with original
maturities of three months or less. Bank overdrafts are not included.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue', window );">Revenue recognition</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.25.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Revenue recognition</b></font></td></tr>
</table>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Group's
revenue is measured at the fair value of the consideration received or receivable.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
from the sale of property is recognized when: (a) material risks and benefits derived from title to property have been transferred;
(b) the Company does not retain any management function on the assets sold nor does it have any control whatsoever on such assets;
(c) the amount of revenues and costs associated to the transaction may be measured on a reliable basis; and (d) the Company is
expected to accrue the economic benefits associated to the transaction.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
derived from the provision of services is recognized when: (a) the amount of revenue and costs associated to services may be measured
on a reliable basis; (b) the Company is expected to accrue the economic benefits associated to the transaction, and (c) the level
of completion of services may be measured on a reliable basis.</font></p>

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<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 21.25pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Rental and services
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 56.7pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenues
derived from business activities developed in the Group&#8217;s shopping malls mainly include rental income under operating leases,
admission rights, commissions and revenue from several complementary services provided to the Group&#8217;s lessees.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
income from shopping mall, admission rights and commissions, are recognized in the Statements of Income on a straight-line basis
over the term of the leases. When lease incentives are granted, they are recognized as an integral part of the net consideration
for the use of the property and are therefore recognized on the same straight-line basis.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Contingent
rents, i.e. lease payments that are not fixed at the inception of a lease, are recorded as income in the periods in which they
are known and can be determined. Rent reviews are recognized when such reviews have been agreed with tenants.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s lease contracts also provide that common area maintenance charges and collective promotion funds of the Group&#8217;s
shopping malls are borne by the corresponding lessees, generally on a proportionally basis. These common area maintenance charges
include all expenses necessary for various purposes including, but not limited to, the operation, maintenance, management, safety,
preservation, repair, supervision, insurance and enhancement of the shopping malls. The lessor is responsible for determining
the need and suitability of incurring a common area expense. The Group makes the original payment for such expenses, which are
then reimbursed by the lessees. The Group considers that it acts as a principal in these cases. Service charge income is presented
separately from property operating expenses. Property operating expenses are expensed as incurred.</font></p>

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<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 21.25pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Rental and services
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
income from offices and other rental properties include rental income from offices leased out under operating leases, income from
services and expenses recovery paid by tenants.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
income from offices and other rental properties is recognized in the Statements of Income on a straight-line basis over the term
of the leases. When lease incentives are granted, they are recognized as an integral part of the net consideration for the use
of the property and are therefore recognized on the same straight-line basis.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">A
substantial portion of the Group&#8217;s leases require the tenant to reimburse the Group for a substantial portion of operating
expenses, usually a proportionate share of the allocable operating expenses. Such property operating expenses include necessary
expenses such as property operating, repairs and maintenance, security, janitorial, insurance, landscaping, leased properties
and other administrative expenses, among others. The Group manages its own rental properties. The Group makes the original payment
for these expenses, which are then reimbursed by the lessees. The Group considers that it acts as a principal in these cases.
The Group accrues reimbursements from tenants as service charge revenue in the period the applicable expenditures are incurred
and is presented separately from property operating expenses. Property operating expenses are expensed as incurred.</font></p>


<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 21.25pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Revenue from supermarkets</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
from the sale of goods in the ordinary course of business is recognized at the fair value of the consideration collected or receivable,
net of returns and discounts. When the credit term is short and financing is that typical in the industry, consideration is not
discounted. When the credit term is longer than the industry&#8217;s average, in accounting for the consideration, the Group discounts
it to its net present value by using the client&#8217;s risk premium or the market rate. The difference between the fair value
and the nominal amount is accounted for under financial income. If discounts are granted and their amount can be measured reliably,
the discount is recognized as a reduction of revenue.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenues
from supermarkets have been recognized in discontinued operations. See Note 4.G.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 21.25pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Revenue from communication
    services and sale of communication equipment</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
derived from the use of communication networks by the Group, including mobile phones, Internet services, international calls,
fixed line calls, interconnection rates and roaming service rates, are recognized when the service is provided, proportionally
to the extent the transaction has been realized, and provided all other criteria have been met for revenue recognition.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
from the sale of mobile phone cards is initially recognized as deferred revenue and then recognized as revenue as they are used
or upon expiration, whichever takes place earlier.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">A
transaction involving the sale of equipment to a final user normally also involves a service sale transaction. In general, this
type of sale is performed without a contractual obligation by the client to consume telephone services for a minimum amount over
a predetermined period. As a result, the Group records the sale of equipment separately and recognizes revenue pursuant to the
transaction value upon delivery of the equipment to the client. Revenue from telephone services is recognized and accounted for
as they are provided. When the client is bound to make a minimum consumption of services during a predefined period, the contract
formalizes a transaction of several elements and, therefore, revenue from the sale of equipment is recorded at an amount that
should not exceed its fair value, and is recognized upon delivery of the equipment to the client and provided the criteria for
recognition are met. The Group ascertains the fair value of individual elements, based on the price at which it is normally sold,
after taking into account the relevant discounts.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
derived from long-term contracts is recognized at the present value of future cash flows, discounted at market rates prevailing
on the transaction date. Any difference between the original credit and its net present value is accounted for as interest income
over the credit term.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CostOfSalesPolicyExplanatory', window );">Cost of sales</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.26.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cost of sales</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
cost of sales of supermarkets, includes the acquisition costs for the products less discounts granted by suppliers, as well as
all expenses associated with storing and handling inventories. It also includes operational and management costs for shopping
malls held by the Group as part of its real estate investments.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s cost of sales in relation to the supply of communication services mainly includes the costs to purchase equipment,
salaries and related expenses, service costs, royalties, ongoing license dues, interconnection and roaming expenses, cell tower
lease costs, depreciation and amortization expenses and maintenance expenses directly related to the services provided.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory', window );">Cost of borrowings and capitalization</a></td>
<td class="text"><p style="margin: 0pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.27.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cost of borrowings
    and capitalization</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
costs for general and specific loans that are directly attributable to the acquisition, construction or production of suitable
assets for which a prolonged period is required to place them in the conditions required for their use or sale, are capitalized
as part of the cost of those assets until the assets are substantially ready for use or sale. The general loan costs are capitalized
according to the average debt rate of the Group. Foreign exchange differences for loans in foreign currency are capitalized if
they are considered an adjustment to interest costs. The interest earned on the temporary investments of a specific loan for the
acquisition of qualifying assets are deducted from the eligible costs to be capitalized. The rest of the costs from loans are
recognized as expenses in the period in which they are incurred.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt"></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapitalPolicyExplanatory', window );">Share capital</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.28.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share capital</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Ordinary
shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown
in equity as a deduction, net of tax, from the proceeds.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">When
any Group&#8217;s subsidiary purchases the Company&#8217;s equity share capital (treasury shares), the consideration paid, including
any directly attributable incremental costs (net of income taxes) is deducted from equity attributable to the Company&#8217;s
equity holders until the shares are cancelled or reissued. When such ordinary shares are subsequently reissued, any consideration
received, net of any directly attributable incremental transaction costs and related income tax effects, is included in equity.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Instruments
issued by the Group that will be settled by the Company delivering a fixed number of its own equity instruments in exchange for
a fixed amount of cash or another financial asset are classified as equity.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComparabilityOfInformationPolicyExplanatory', window );">Comparability of information</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.29.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Comparability
    of information </b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">As
required by IFRS 3, the information of IDBD and DIC is included in the Consolidated Financial Statements of the Group from the
date that control was obtained, that is from October 11, 2015, and the prior periods were not modified by this situation. Therefore,
the consolidated financial information for periods after the acquisition is not comparable with prior periods. Additionally, results
for the fiscal year ended June 30, 2018 and 2017 includes 12 full months of results from IDBD and DIC, for the period beginning
April 1<sup>st</sup> through March 31, while results for the fiscal year ended June 30, 2016 includes the results from IDBD for
the period beginning October 11, 2015 through March 31, 2016; both adjusted for significant transactions that took place between
April 1<sup>st. </sup>and June 30. Hence, the result for the reported periods are not comparable.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Furthermore,
during the fiscal year ended as of June 30, 2018 and 2016, the Argentine Peso devalued against the US Dollar and other currencies
by around 73% and 65%, respectively, which has an impact in comparative information presented in the Financial Statements, due
mainly to the currency exposure of our income and costs from the "Offices" segment, and our assets and liabilities in foreign
currency. During the fiscal year ended as of June 30, 2017, the devaluation of the Argentine Peso against the US Dollar was not
significant.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
balances as of June 30, 2017 and 2016, which are disclosed for comparative porpoises arise from the Consolidated Financial Statements
as of June 30, 2017. Certain items from prior fiscal years have been reclassified for consistency purposes. See Note 4.G. regarding
the loss of control in Shufersal.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OutofperiodAdjustmentPolicyExplanatory', window );">Out-of-period adjustment</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.30.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Out-of-period
    adjustments</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 38.25pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">During
the fiscal year ended June 30, 2017, the Group reclassified Ps. 31 into intangible assets, Ps. 224 into investment property, Ps.
59 into deferred tax liabilities and Ps. 133 into non-controlling interests, with modifications to such items by those amounts
for the previous fiscal year. These reclassifications were not material to the Financial Statements previously issued, and are
not material to these Consolidated Financial Statements, either individually or as a whole.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for interest and other costs that the entity incurs in connection with the borrowing of funds.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForBorrowingCostsExplanatory</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForBorrowingsExplanatory</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for derivative financial instruments and hedging. [Refer: Financial instruments, class [member]; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for employee benefits. Employee benefits are all forms of consideration given by an entity in exchange for services rendered by employees or for the termination of employment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for financial instruments. [Refer: Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory</td>
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</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for foreign currency translation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for intangible assets and goodwill. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for investment property. [Refer: Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForInvestmentPropertyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for leases. A lease is an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for measuring inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2018-01-01<br> -Paragraph 36<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=2&amp;date=2018-03-01&amp;anchor=para_36_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for provisions. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for recognising revenue. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for trade and other payables. [Refer: Trade and other payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for trade and other receivables. [Refer: Trade and other receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for trading income and expense. [Refer: Trading income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForTradingIncomeAndExpenseExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy used to determine the components of cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 46<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_46&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfNatureOfImpendingChangeInAccountingPolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the nature of the impending change or changes in accounting policy due to a new IFRS that has been issued but is not yet effective.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 31<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_31_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfNatureOfImpendingChangeInAccountingPolicy</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOtherAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of other assets. [Refer: Other assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOtherAssetsExplanatory</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExplanationOfMeasurementBasesUsedInPreparingFinancialStatements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The explanation of the measurement basis (or bases) used in preparing the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 117<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_117_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExplanationOfMeasurementBasesUsedInPreparingFinancialStatements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ComparabilityOfInformationPolicyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for comparability of information.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ComparabilityOfInformationPolicyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CostOfSalesPolicyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for cost of sales.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CostOfSalesPolicyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CurrentIncomeTaxDeferredIncomeTaxAndMinimumPresumedIncomeTaxPolicyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for current income tax deferred income tax and minimum presumed income tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CurrentIncomeTaxDeferredIncomeTaxAndMinimumPresumedIncomeTaxPolicyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DescriptionOfAccountingPolicyOnerousContractsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the description of accounting policy onerous contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DescriptionOfAccountingPolicyOnerousContractsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GroupsOfAssetsAndLiabilitiesHeldForSalePolicyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for groups of assets and liabilities held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GroupsOfAssetsAndLiabilitiesHeldForSalePolicyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IrrevocableRightOfUseOfCapacityOfUnderwaterCommunicationLinesPolicyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for irrevocable right of use of capacity of underwater communication lines.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IrrevocableRightOfUseOfCapacityOfUnderwaterCommunicationLinesPolicyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OutofperiodAdjustmentPolicyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for out of period adjustment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OutofperiodAdjustmentPolicyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ScopeOfConsolidationPolicyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent scope of consolidation policy explanatory.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ScopeOfConsolidationPolicyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<tr>
<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SegmentReportingPolicyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for segment reporting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SegmentReportingPolicyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ShareCapitalPolicyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for share capital.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ShareCapitalPolicyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SummaryOfSignificantAccountingPoliciesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SummaryOfSignificantAccountingPoliciesAbstract</td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883987936">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Summary of significant accounting policies (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SummaryOfSignificantAccountingPoliciesAbstract', window );"><strong>Summary Of Significant Accounting Policies</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfIncomeAndOtherComprehensiveIncomeExplanatory', window );">Schedule of income and other comprehensive income</a></td>
<td class="text"><p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
following standards and amendments have been issued by the IASB. Below we outline the standards and amendments that may potentially
have an impact on the Group at the time of application.&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><u>Standards
and amendments adopted by the Group&#160;&#160;</u></font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Standards
    and amendments</b></font></td>
    <td style="border-left: #000000 1px solid; width: 42%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Description</b></font></td>
    <td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Date
                                         of mandatory adoption for the Group in the year ended on&#160;</u></b></font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Cycle
    of annual improvements 2014-2016. IFRS 12 &#8220;Disclosure of Interests in other entities&#8221;.</font></td>
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Clarifies
    the standard scope.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2018</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Amendments
    to IAS 7 "Disclosure initiative".</font></td>
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Establishes
    that the entity shall disclose information so that users of the Financial Statements may assess the changes in liabilities
    resulting from financing activities, including both cash and non-cash changes.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2018</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Amendments
    to IAS 12 "Recognition of deferred tax assets for unrealized losses".</font></td>
    <td style="border-left: #000000 1px solid; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Clarifies
    the accounting of deferred income tax assets in the case of unrealized losses from debt instruments measured at fair value.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2018</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
adoption of these standards and amendments has not had a material impact for the Group. See details of IAS 7 modifications in
Note 19.&#160;</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><u>Standards
and amendments not yet adopted by the Group&#160;&#160;</u></font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="border-left: #000000 1px solid; width: 43%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Standards
    and amendments</b></font></td>
    <td style="border-left: #000000 1px solid; width: 42%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Description</b></font></td>
    <td style="border-left: #000000 1px solid; width: 15%; border-top: #000000 1px solid; border-right: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Date
                                         of mandatory adoption for the Group in the year ended on&#160;</u></b></font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Amendments
    to IAS 40 "Transfers of Investment Properties"</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Clarifies
    the conditions that should be met for an entity to transfer a property to, or from, investment properties.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Cycle
    of annual improvements 2014-2016. IAS 28 &#8220;Investments in Associates and Joint ventures&#8221;.</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Clarifies
    that the option to measure an associate or a joint venture at fair value for a qualifying entity is available upon initial
    recognition.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IFRS
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    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Adds
    a new impairment model based on expected losses and introduces some minor amendments to the classification and measurement
    of financial assets.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IFRS
    15 &#8220;Revenues from contracts with customers&#8221;</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Provides
    the new revenue recognition model derived from contracts with customers. The core principle underlying the model is satisfaction
    of performance obligations assumed with customers. Applies to all contracts with customers, except those covered by other
    IFRSs, such as leases, insurance and financial instruments contracts. The standard does not address recognition of interest
    or dividend income.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Amendments
    to IFRS 2 "Share-based Payment".</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">The
    amendments clarify the scope of the standard in relation to (i) accounting of the effects that the concession consolidation
    conditions have on cash settled share-based payments, (ii) the Classification of the share-based payment transactions subject
    to net settlement, and (iii) accounting for the amendment of terms and conditions of the share-based payment transaction that
    reclassifies the transaction from cash settled to equity settled.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2019</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IFRS
    16 "Leases".</font></td>
    <td style="border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Will
    supersede IAS 17 currently in force (and associated interpretations) and its scope includes all leases, with a two specific
    exceptions (low cost assets&#8217; leases and short-term leases). Under the new standard, lessees are required to account
    for leases under one single model in the balance sheet that is similar to the one used to account for financial leases under
    IAS 17. The accounting of the lessor has no significant changes.</font></td>
    <td style="border-left: #000000 1px solid; border-right: #000000 1px solid; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06-30-2020</font><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
future adoption of these standards modifications and interpretations will not have a significant impact to the Group, except for
the following:&#160;</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfConsolidatedAndSeparateFinancialStatementsExplanatory', window );">Schedule of financial position</a></td>
<td class="text"><p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">Breakdown
of the expected changes to the financial position of the Group due to the application of IFRS 9 and 15 are described below:&#160;</p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 40%"><font style="font: 13px Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%"><p><b>Current statement of financial position&#160;</b></p></td>
    <td style="width: 15%"><p><b>&#160;</b></p>
        <p><b>IFRS 15 impact&#160;</b></p></td>
    <td style="width: 15%"><p><b>&#160;</b></p>
        <p><b>IFRS 9 impact</b></p></td>
    <td style="width: 15%"><p><b>Adjusted statement of financial position&#160;</b></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><p style="margin-top: 0; margin-bottom: 0"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>ASSETS</b></font></p>
                                                      <p style="margin-top: 0; margin-bottom: 0"></p></td>
    <td>
        <p>&#160;</p>
        <p>&#160;</p>
        <p>&#160;</p></td>
    <td>
        <p>&#160;</p>
        <p>&#160;</p>
        <p>&#160;</p></td>
    <td>
        <p>&#160;</p>
        <p>&#160;</p>
        <p>&#160;</p></td>
    <td>
        <p>&#160;</p>
        <p>&#160;</p>
        <p>&#160;</p></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>Non-current assets</b></font></td>
    <td>
        <p>&#160;</p>
        <p>&#160;</p>
        <p>&#160;</p></td>
    <td>
        <p>&#160;</p>
        <p>&#160;</p>
        <p>&#160;</p></td>
    <td>
        <p>&#160;</p>
        <p>&#160;</p>
        <p>&#160;</p></td>
    <td>
        <p>&#160;</p>
        <p>&#160;</p>
        <p>&#160;</p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Trading properties</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6,018&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(3,338)</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,680&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Investments in associates and joint ventures</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24,650&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(19)</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24,655&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Deferred income tax assets</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;380&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(95)</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Trade and other receivables</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8,142</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;497</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(63</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8,576</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>Total non-current assets</b></font></td>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(2,912</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(82</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;236,761</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>Current assets</b></font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Trading properties</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,232&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(734)</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,498&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Trade and other receivables</font></td>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;292</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(442</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(32</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;95,544</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(3,354</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(114</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;332,305</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;127&#160;</font></td>
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;37,095&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>Non-controlling interest</b></font></td>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;126</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(473</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;36,773</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>TOTAL SHAREHOLDERS&#8217; EQUITY</b></font></td>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;253</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(926</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;73,868</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>LIABILITIES</b></font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,484&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(1,647)</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,837&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Borrowings</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;181,046&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,025&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;182,071&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Deferred income tax liabilities</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;26,197</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(43</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(268</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;25,886</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>Total non-current liabilities</b></font></td>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(1,690</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;757</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;213,543</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>Current liabilities</b></font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;14,617&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(1,925)</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;12,692&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Borrowings</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;25,587&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;55&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;25,642&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000">Income tax and MPIT liabilities</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;522</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;530</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;46,756</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(1,917</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;55</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;44,894</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>TOTAL LIABILITIES</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;261,232</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(3,607</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;812</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;258,437</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: justify; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif; color: #000000"><b>TOTAL SHAREHOLDERS&#8217; EQUITY AND LIABILITIES</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;335,773</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(3,354</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(114</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;332,305</font><font style="font: 13px Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfBusinessThroughSeveralOperatingAndInvestmentCompaniesExplanatory', window );">Schedule of business through several operating and investment companies</a></td>
<td class="text"><p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group conducts its business through several operating and investment companies, the principal are listed below:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;% of ownership interest
                    held by the Group</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="width: 32%; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Name
    of the entity</b></font></td>
    <td style="width: 10%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Country</b></font></td>
    <td style="width: 10%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Main
    activity</b></font></td>
    <td style="width: 16%; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06.30.2018</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td style="width: 16%; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06.30.2017</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td style="width: 16%; border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;06.30.2016</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>IRSA's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    CP (1)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;86.34%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;94.61%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;94.61%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">E-Commerce
    Latina S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Efanur
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hoteles
    Argentinos S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hotel</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Inversora
    Bol&#237;var S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Llao
    Llao Resorts S.A. (2)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hotel</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Nuevas
    Fronteras S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Hotel</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.34%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.34%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.34%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Palermo
    Invest S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Ritelco
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Tyrus
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">U.T.
    IRSA and Galer&#237;as Pac&#237;fico (2) (6)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>IRSA
    CP's direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Arcos
    del Gourmet S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;90.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;90.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;90.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Emprendimiento
    Recoleta S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;53.68%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;53.68%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;53.68%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Fibesa
    S.A. (3)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Panamerican
    Mall S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;80.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Shopping
    Neuqu&#233;n S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;99.92%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;99.92%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;99.14%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Torodur
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">EHSA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;70.00%</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Centro
    de Entretenimiento La Plata (6)</font></td>
    <td style="text-align: center; padding-right: -4px; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Argentina</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
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    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; padding-right: -4px; padding-left: 12px; text-indent: -12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Tyrus
    S.A.'s direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">DFL
    (4)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;91.57%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;91.57%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;91.57%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">I
    Madison LLC</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    Development LP</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    International LLC</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Jiwin
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Liveck
    S.A.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Investment Group IV LP (REIG IV)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Investment Group V LP (REIG V)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Strategies LLC</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USA</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; padding-right: -4px; padding-left: 12px; text-indent: -12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Efanur
    S.A.'s direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    Estate Investment Group VII LP (REIG VII)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>DFL's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IDB
    Development Corporation Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.28%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;66.28%-</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Dolphin
    IL Investment Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; padding-right: -4px; padding-left: 12px; text-indent: -12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>DIL's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    Investment Corporation Ltd. (4)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.57%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;77.25%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.43%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>IDBD's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IDB
    Tourism (2009) Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Tourism
    services</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">IDB
    Group Investment Inc.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;100.00%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>DIC's
    direct interest:</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Property
    &#38; Building Corporation Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;64.40%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;64.40%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;76.45%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal
    Ltd. (7)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Retail</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;54.19%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;52.95%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Cellcom
    Israel Ltd. (5)</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Telecommunications</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;43.14%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;42.26%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;41.77%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Elron
    Electronic Industries Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.30%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.30%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;50.30%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Bartan
    Holdings and Investments Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;55.68%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;55.68%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;55.68%</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Epsilon
    Investment House Ltd.</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Investment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.75%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.75%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;68.75%</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></p>

<p style="text-align: justify; text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;
Includes interest held through E-Commerce Latina S.A. and Tyrus S.A.</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;
The Group has consolidated the investment in Llao Llao Resorts S.A. and UT IRSA and Galer&#237;as Pac&#237;fico considering its
equity interest and a shareholder agreement that confers it majority of votes in the decision making process.</font></p>

<p style="text-indent: 0px; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(3)
Includes interest held through Ritelco S.A. and Torodur S.A.</font></p>

<p style="text-indent: 0px; margin-left: 0"><font style="font: 10pt Times New Roman, Times, Serif">(4)<font style="letter-spacing: 12px">&#160;</font>Includes
Tyrus's equity interest. Until the present financial year, the participation was through Tyrus S.A. and IDBD.&#160;</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(5)</font></p>

<p style="text-align: left; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">DIC
considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-&#224;-vis
other shareholders, with a stake of 46.16%, also taking into account the historic voting performance in the &#160;&#160;&#160;
&#160;&#160;&#160; &#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160; Shareholders&#8217; Meetings, as well as the evaluation
of the holdings of the remaining shareholders, which are highly atomized.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(6)
&#160;&#160; Corresponds to acquisitions and constitutions of new entities considered not material as a whole.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(7)
&#160;&#160; Control was lost in June 30, 2018. See Note 4.G.</font></p><span></span>
</td>
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<tr class="re">
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<td class="text"><p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
remaining useful life as of June 30, 2018 is as follows:&#160;</font></p>

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    <td style="width: 69%; text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Buildings
    and facilities</font></td>
    <td style="width: 31%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
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    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
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    <td style="text-align: justify; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Communication
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    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
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    <td style="text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Between
    3 and 25 years</font></td></tr>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883974864">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Significant judgments, key assumptions and estimates (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfChangesInAccountingEstimatesExplanatory', window );">Schedule of complexity, judgment or estimations involved in their application</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">These judgments
involve assumptions or estimates in respect of future events. Actual results may differ from these estimates.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 18%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Estimation</b></font></td>
    <td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 45%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Main
    assumptions</b></font></td>
    <td style="border-left: #000000 1px solid; padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Potential
    implications</b></font></td>
    <td style="border-left: #000000 1px solid; width: 16%; border-top: #000000 1px solid; border-right: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Main
    references</b></font></td></tr>
<tr style="background-color: #ffffff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Business
    combination - Allocation of acquisition prices</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Assumptions
    regarding timing, amount of future revenues and expenses, revenue growth, expected rate of return, economic conditions, discount
    rate, among other.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Should
    the assumptions made be inaccurate, the recognized combination may not be correct.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    4 &#8211; Acquisitions and dispositions</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Recoverable
    amounts of cash-generating units (even those including goodwill), associates and assets.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">The
                                         discount rate and the expected growth rate before taxes in connection with cash-generating
                                         units.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">The discount rate and the expected growth
        rate after taxes in connection with associates.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Cash flows are determined based on past experiences
        with the asset or with similar assets and in accordance with the Group&#8217;s best factual assumption relative to the
        economic conditions expected to prevail.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Business continuity of cash-generating units.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Appraisals made by external appraisers and
        valuators with relation to the assets&#8217; fair value, net of realization costs (including real estate assets).</font></p></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Should
    any of the assumptions made be inaccurate, this could lead to differences in the recoverable values of cash-generating units.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">Note
                                         11 &#8211; Property, plant and equipment</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Note 13 &#8211; Intangible assets</font></p></td></tr>
<tr style="background-color: #ffffff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Control,
    joint control or significant influence</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Judgment
    relative to the determination that the Group holds an interest in the shares of investees (considering the existence and influence
    of significant potential voting rights), its right to designate members in the executive management of such companies (usually
    the Board of directors) based on the investees&#8217; bylaws; the composition and the rights of other shareholders of such
    investees and their capacity to establish operating and financial policies for investees or to take part in the establishment
    thereof.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Accounting
    treatment of investments as subsidiaries (consolidation) or associates (equity method)</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    2.3</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    useful life of intangible assets and property, plant and equipment</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    useful life of assets based on their conditions.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Recognition
    of accelerated or decelerated depreciation by comparison against final actual earnings (losses).</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">Note
                                         11 &#8211; Property, plant and equipment</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Note 13 &#8211; Intangible assets</font></p></td></tr>
<tr style="background-color: #ffffff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value valuation of investment properties</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value valuation made by external appraisers and valuators. See Note 10.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Incorrect
    valuation of investment property values</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">Note
                                         10 &#8211; Investment properties</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Income
    tax</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">The
                                         Group estimates the income tax amount payable for transactions where the Treasury&#8217;s
                                         Claim cannot be clearly determined.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Additionally, the Group evaluates the recoverability
        of assets due to deferred taxes considering whether some or all of the assets will not be recoverable.</font></p></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Upon
    the improper determination of the provision for income tax, the Group will be bound to pay additional taxes, including fines
    and compensatory and punitive interest.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    21 &#8211; Taxes</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Allowance
    for doubtful accounts</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">A
    periodic review is conducted of receivables risks in the Group&#8217;s clients&#8217; portfolios. Bad debts based on the expiration
    of account receivables and account receivables&#8217; specific conditions.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Improper
    recognition of charges / reimbursements of the allowance for bad debt.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    15 &#8211; Trade and other receivables</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Level
    2 and 3 financial instruments</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">Main
                                         assumptions used by the Group are:</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#9679;<font style="letter-spacing: 12px">&#160;</font>Discounted
        projected income by interest rate</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#9679;<font style="letter-spacing: 12px">&#160;</font>Values
        determined in accordance with the shares in equity funds on the basis of its Financial Statements, based on fair value
        or investment assessments.</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#9679;<font style="letter-spacing: 12px">&#160;</font>Comparable
        market multiple (EV/GMV ratio).</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#9679;<font style="letter-spacing: 12px">&#160;</font><font style="color: #000000">Underlying
        asset price (Market price); share price volatility (historical) and market interest-rate (Libor rate curve).</font></font></p></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Incorrect
    recognition of a charge to income / (loss).</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    14 &#8211; Financial instruments by category</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Probability
    estimate of contingent liabilities.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; padding-left: 24px; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Whether
    more economic resources may be spent in relation to litigation against the Group; such estimate is based on legal advisors&#8217;
    opinions.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Charge
    / reversal of provision in relation to a claim.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    19 &#8211; Provisions</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: top">
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Qualitative
    considerations for determining whether or not the replacement of the debt instrument involves significantly different terms</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">The
                                         entire set of characteristics of the exchanged debt instruments, and the economic parameters
                                         represented therein:</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Average lifetime of the exchanged liabilities;
        Extent of effects of the debt terms (linkage to index; foreign currency; variable interest) on the cash flows from the
        instruments.</font></p></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Classification
    of a debt instrument in a manner whereby it will not reflect the change in the debt terms, which will affect the method of
    accounting recording.</font></td>
    <td style="border-bottom: #000000 2px solid; border-left: #000000 1px solid; border-right: #000000 1px solid; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif">Note
    13 &#8211; Financial instruments by category</font></td></tr></table><span></span>
</td>
</tr>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6868505680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Acquisitions and disposals (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBusinessCombinationsLineItems', window );"><strong>Disclosure of detailed information about business combination [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ScheduleOfNetAssetsDisposedTextBlock', window );">Schedule of net assets disposed</a></td>
<td class="text"><p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
following table details the net assets disposed:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 85%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;06.30.2018&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Investment
    properties</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;4,489&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Property,
    plant and equipment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;29,001&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Intangible
    assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7,108&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Investments
    in associates and joint ventures</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;401&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Restricted
    assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;91&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
    and other receivables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;12,240&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Investments
    in financial assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,846&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Derivative
    financial instruments</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;23&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Inventories</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6,276&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Cash
    and cash equivalents</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;5,579</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>TOTAL
    ASSETS</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;68,054</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Borrowings</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;21,310&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Deferred
    income tax liabilities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,808&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
    and other payables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;23,974&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Provisions</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;447&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Employee
    benefits</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,279&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Salaries
    and social security liabilities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,392&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Income
    tax and MPIT liabilities</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>TOTAL
    LIABILITIES</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;52,218</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Non-controlling
    interest</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;7,335</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Net
    assets disposed including goodwill</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8,501</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td></tr>
</table><span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=irsa_NewPharmDrugstoresLtdMember', window );">New Pharm Drugstores Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBusinessCombinationsLineItems', window );"><strong>Disclosure of detailed information about business combination [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory', window );">Schedule of consideration and fair value of the acquired assets and the liabilities</a></td>
<td class="text"><p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
following table resumes consideration and fair value of the acquired assets and the liabilities assumed:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 85%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">December 2017</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Fair
    value of identifiable assets and assumed liabilities:</b></font></td>
    <td><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Properties,
    plant and equipment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;200&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Inventories</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;380&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
    and other receivables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;335&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Cash
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=irsa_ShufersalLtdMember', window );">Shufersal Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBusinessCombinationsLineItems', window );"><strong>Disclosure of detailed information about business combination [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombinationExplanatory', window );">Schedule of deconsolidated the subsidiary</a></td>
<td class="text"><p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Below
are the details of the sale:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 85%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;06.30.2018&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Cash
    received</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6,420&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Total</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Net
    assets disposed including goodwill</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(8,501</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Gain
    from the sale of a subsidiary, net of taxes (*)</font></td>
    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;11,083</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Includes Ps. 2,643 as a result of the sale and Ps. 8,440 as a result of the remeasurement at the fair value of the new stake.</font></p><span></span>
</td>
</tr>
</table>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph l<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_l&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883875488">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial risk management and fair value estimates (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialRiskManagementAndFairValueEstimatesAbstract', window );"><strong>Financial Risk Management And Fair Value Estimates</strong></a></td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfNetCarryingAmountsByTheFunctionalCurrenciesExplanatory', window );">Schedule of net carrying amounts of the Company's financial instruments broken down by the functional currencies</a></td>
<td class="text"><p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><i>1)
Operations Center in Argentina&#160;</i></font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;US$&#160;</font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;1</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
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</table>


<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAnalysisForDerivativeFinancialLiabilities', window );">Schedule of Group's derivative financial liabilities to the contractual maturity date.</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Where
the interest payable is not fixed, the amount disclosed has been determined by reference to the existing conditions at the reporting
date.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;<i>&#160;</i></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><i>1)
Operations Center in Argentina&#160;</i></font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 40%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>June
    30, 2018</b></font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Between 3 and 4 years&#160;</b></font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Total&#160;</b></font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,277&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;127&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;12&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;10&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,429&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Borrowings
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,837&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7,787&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7,807&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,236&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;11,450&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Finance
    leases obligations</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;15&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Derivative
    Financial Instruments</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;46</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;46</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;7,920</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;1,246</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;33,607</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 40%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>June
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>Total&#160;</b></font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
    and other payables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;752&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;8&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;773&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Borrowings
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,656&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;529&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;528&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;525&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6,749&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;9,987&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Finance
    leases obligations</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;4&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Derivative
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;5</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;5</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;10,769</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><i>2)
Operations Center in Israel&#160;</i></font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 40%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>June
    30, 2018</b></font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Total&#160;</b></font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;12,080&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,191&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,326&#160;</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Borrowings</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;26,639&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;22,256&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;23,734&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;114,113&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;216,475&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Lease
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;16&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;16&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Purchase
    obligations</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,921&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,823&#160;</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;347&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;229&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6,959&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Derivative
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;8</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;24,221</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td>
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    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;238,055</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 40%; text-align: center; vertical-align: bottom"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June
                                         30, 2017</b></font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Between 1 and 2 years&#160;</b></font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Between 2 and 3 years&#160;</b></font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Between 3 and 4 years&#160;</b></font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>More than 4 years&#160;</b></font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>Total&#160;</b></font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
    and other payables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;16,850&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,584&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;692&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;19,126&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Borrowings</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;23,733&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;18,084&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;20,837&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;13,353&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;67,537&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;143,544&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Lease
    obligations</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;10&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;25&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Purchase
    obligations</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,135&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,140&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;873&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Derivative
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;62</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;76</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;138</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfKeyMetricsInRelationToCapitalStructureExplanatory', window );">Schedule of Group's key metrics in relation to managing its capital structure</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
ratios are within the ranges previously established by the Group&#8217;s strategy.</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&#160;<font style="font: 10pt Times New Roman, Times, Serif">Operation
Center in Argentina</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 55%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2018&#160;</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2017&#160;</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2016&#160;</b></font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Gearing
    ratio (i)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;40.83%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;31.66%</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Debt
    ratio (ii)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;40.58%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;29.13%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;25.27%</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&#160;<font style="font: 10pt Times New Roman, Times, Serif">Operation
Center in Israel&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 55%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2018&#160;</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2017&#160;</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2016&#160;</b></font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Gearing
    ratio (i)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;82.85%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;81.95%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;82.74%</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Debt
    ratio (ii)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;148.46%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;128.04%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;137.75%</font></td></tr></table>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 42.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Calculated as total
    of borrowings over total borrowings plus equity attributable equity holders of the parent company. </font></td></tr>
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<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
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    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Calculated as total
    borrowings over total properties (including trading properties, property, plant and equipment, investment properties and rights
    to receive units under barter agreements).</font></td></tr>
</table><span></span>
</td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of a maturity analysis for derivative financial liabilities, including the remaining contractual maturities for those derivative financial liabilities for which contractual maturities are essential for an understanding of the timing of the cash flows. [Refer: Derivative financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 39<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_39_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6719151648">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Segment information (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SegmentInformationAbstract', window );"><strong>Segment Information</strong></a></td>
<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfGeographicalAreasExplanatory', window );">Schedule of Group's lines of business and a reconciliation between the results from operations as per segment information</a></td>
<td class="text"><p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Below
is a summary of the Group&#8217;s lines of business and a reconciliation between the results from operations as per segment information
and the results from operations as per the Statements of Income for the years ended June 30, 2018, 2017 and 2016:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="8"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2018</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 22%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Operations Center in Argentina</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 5%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Total</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Joint ventures (1)</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">Elimination of inter-segment transactions
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5,308&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;86,580&#160;</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(46)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(60,470)</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(10)</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="8"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2017</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 22%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Operations Center in Argentina</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 5%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;68,422&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="text-align: left; font-family: inherit; margin: 0px auto 0px 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="8"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2016</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 22%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 5%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 10%"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;27,077&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(1)
Represents the equity value of joint ventures that were proportionately consolidated for information by segment purposes.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(2)
Corresponds to Shufersal&#8217;s deconsolidation, the Group lost control in June 2018. See Note 4.G.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(3)
Includes deferred income tax assets, income tax and MPIT credits, trade and other receivables, investment in financial assets,
cash and cash equivalents and intangible assets except for rights to receive future units under barter agreements, net of investments
in associates with negative equity which are included in provisions in the amount of Ps. 2,452, Ps. 72 and Ps. 45, as of June
30, 2018, 2017 and 2016, respectively.&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Below
is a summarized analysis of the lines of business of Group&#8217;s operations center in Argentina for the fiscal years ended June
30, 2018, 2017 and 2016:&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">June 30, 2018</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(57)</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Includes the investments in Condor for Ps. 697 and New Lipstick for Ps. (2,437). See Note 18.</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(**)
Includes the results of New Lipstick for Ps. (2,380). See Note 18</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsExplanatory', window );">Schedule of lines of business of groups operations center</a></td>
<td class="text"><p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0"></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 13px Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="8">
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        <p>June 30, 2017</p>
        <p>&#160;</p></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 13px Times New Roman, Times, Serif">&#160;</font></td>
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        <p>Operations Center in Argentina</p>
        <p>&#160;</p></td></tr>
<tr style="vertical-align: bottom">
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        <p>&#160;</p></td>
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        <p>&#160;</p></td>
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        <p>&#160;</p></td>
    <td style="width: 10%">
        <p>&#160;</p>
        <p>Hotels</p>
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    <td style="width: 10%">
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    <td style="width: 10%">
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        <p>&#160;</p></td>
    <td style="width: 10%">
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        <p>Others</p>
        <p>&#160;</p></td>
    <td style="width: 10%">
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        <p>Total</p>
        <p>&#160;</p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&#160;</p>

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<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&#160;</p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">From
all the revenues corresponding to the Operations Center in Argentina, the 100% are originated in Argentina. No external client
represents 10% or more of revenue of any of the reportable segments.</p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">From
all of the assets corresponding to the Operations Center in Argentina segments, Ps. 38,991 are located in Argentina and Ps. 303
in other countries, principally in USA for Ps. 145 and Uruguay for Ps. 158.&#160;</p>

<p style="text-align: left; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">Below
is a summarized analysis of the lines of business of Group&#8217;s operations center in Israel for the years ended June 30, 2018,
2017 and 2016:&#160;</p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 13px Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="vertical-align: bottom">
    <td><font style="font: 13px Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="vertical-align: bottom">
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        <p>&#160;</p></td>
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    <td style="width: 10%">
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    <td style="width: 10%">
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        <p>&#160;</p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&#160;</p>

<p style="font: 10px Times New Roman, Times, Serif">&#160;</p>

<p>&#160;</p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td><font style="font: 13px Times New Roman, Times, Serif">&#160;</font></td>
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        <p>June 30, 2017</p>
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<tr style="vertical-align: bottom">
    <td><font style="font: 13px Times New Roman, Times, Serif">&#160;</font></td>
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<tr style="vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">&#160;</p>

<p>&#160;</p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
    <td><font style="font: 13px Times New Roman, Times, Serif; vertical-align: bottom">&#160;&#160;&#160;&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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</table><span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfGeographicalAreasExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of geographical information.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_33&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of operating segments. [Refer: Operating segments [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SegmentInformationAbstract">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852272448">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Information about the main subsidiaries (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InformationAboutMainSubsidiariesAbstract', window );"><strong>Information About Main Subsidiaries</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInterestsInSubsidiariesExplanatory', window );">Schedule of subsidiaries with significant non-controlling interests</a></td>
<td class="text"><p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
Group conducts its business through several operating and holding subsidiaries. The Group considers that the subsidiaries below
are the ones with significant non-controlling interests to the Group.&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 30%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Direct interest of non-controlling interest
        %(1)&#160;</font></p></td>
    <td style="width: 10%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Current Assets&#160;</font></p></td>
    <td style="width: 10%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Non-current Assets&#160;</font></p></td>
    <td style="width: 10%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Current Liabilities&#160;</font></p></td>
    <td style="width: 10%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Non-current Liabilities&#160;</font></p></td>
    <td style="width: 10%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Net assets&#160;</font></p></td>
    <td style="width: 10%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Book value of non-controlling interests&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="7"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">As of June 30, 2018&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Elron</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,933&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,610&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;252&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;24&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,267&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,351&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">PBC</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;23,655&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;108,704&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;16,033&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;90,620&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;25,706&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;21,730&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Cellcom
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;57.90%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;21,185&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;27,648&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;12,601&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;26,109&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;10,123&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;6,391&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">IRSA
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;13.66</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">%</font></td>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;2,497</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;27,284</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;37,963</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;4,995</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td></tr>
</table>
<p style="font-size: larger"></p>

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<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="7"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">As of June 30, 2017</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="width: 30%; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Elron</font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;49.68%</font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,669&#160;</font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,183&#160;</font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;162&#160;</font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;10&#160;</font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2,680&#160;</font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,975&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">PBC</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;35.56%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;10,956&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;64,345&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;10,503&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;49,902&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;14,896&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;11,161&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Cellcom
    (2)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;57.74%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;11,209&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;18,273&#160;</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;15,974&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5,337&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,706&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">IRSA
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5.39%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;4,515&#160;</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,194&#160;</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 28%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">Revenues</font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 8%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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    <td style="width: 8%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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    <td style="width: 8%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 8%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="width: 8%; border-top: #000000 1px solid"><p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Elron</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,073&#160;</font></td>
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<p style="font-size: larger"></p>

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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3,378&#160;</font></td>
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<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(1)
Corresponds to the direct interest from the Group.</font></p>

<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(2)
DIC considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-&#224;-vis
other shareholders, being 46.16%, also taking into account the historic voting performance in the Shareholders&#8217; Meetings.</font></p><span></span>
</td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of interests in subsidiaries. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 2<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_2_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883951616">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments in associates and joint ventures (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
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<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Changes
if the Group&#8217;s investments in associates and joint ventures for the fiscal years ended June 30, 2018 and 2017 were as follows:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


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<tr>
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<tr>
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<tr>
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<tr>
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<tr>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">107</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Decrease
    of interest in associate</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(339)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Share
    of (loss) / profit</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(701)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">378</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,056</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">232</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    to loans to associates (i)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(190)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    (ii) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(319)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(250)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Distribution
    for associate liquidation (iii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(72)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Incorporation
    of deconsolidated subsidiary, net (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,763</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Reclassification
    to held for sale</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(44)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(10,709)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">49</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>End
    of the year (iv) </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>22,198</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,813</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="margin-top: 0; margin-bottom: 0"></p>

<p style="font: 10pt Georgia, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"><font style="font: 10pt Times New Roman, Times, Serif">(i)&#160;&#160;
Corresponds to a reclassification made at the time of formalizing the loan repayment terms with the associate in the Operations
Center in Israel.</font></p>

<p style="font: 10pt Georgia, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"><font style="font: 10pt Times New Roman, Times, Serif">(ii)&#160;
See Note 29.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"><font style="font: 10pt Times New Roman, Times, Serif">(iii)
Corresponds to the distribution of the income from Baicom&#8217;s liquidation.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -0.25in"><font style="font: 10pt Times New Roman, Times, Serif">(iv)
Includes Ps. (2,452) and Ps. (72) reflecting interests in companies with negative equity as of June 30, 2018 and 2017, respectively,
which are disclosed in &#8220;Provisions&#8221; (see Note 18).<br style="clear: both" /></font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfAdditionalInformationRelatedToTheInvestmentExplanatory', window );">Schedule of additional information related to the Groups investment</a></td>
<td class="text"><p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 34.9pt"><font style="font: 10pt Times New Roman, Times, Serif">Below
is a detail of the investments and the values of the stake held by the Group in associates and joint ventures for the years ended
as of June 30, 2018 and 2017, as well as the Group's share of the comprehensive results of these companies for the years ended
on June 30, 2018, 2017 and 2016:</font></p>

<p style="font: 10pt/12pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 21.25pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Name
    of the entity</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    ownership interest </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Value
    of Group's interest in equity </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    interest in comprehensive income / (loss)</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; width: 27%; padding-right: 5.4pt; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Associates</u></b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">New
    Lipstick (1)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">49.90%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">49.90%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">49.90%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,452)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(72)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,380)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(201)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(64)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">BHSA
    (2)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">29.91%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">30.66%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">30.66%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,250</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,693</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">618</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">83</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">259</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Condor
    (3)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">18.90%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">28.72%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">25.53%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">696</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">634</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">450</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">53</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(27)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Adama
    (4)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">40.00%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,141</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBEL</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">45.40%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">45.40%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,049</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">768</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">389</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">262</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">194</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">33.56%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,763</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.00%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,610</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,552</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">978</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(322)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">465</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Joint
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Quality
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">50.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">50.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">50.00%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,062</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">482</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">541</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">119</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">155</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">La
    Rural S.A.</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">50.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">50.00%</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">94</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">113</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">15</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Mehadrin
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">45.41%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">45.41%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">45.41%</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,272</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,312</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">961</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">309</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">433</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Other
    joint ventures</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,854</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,331</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">804</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">292</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">446</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    associates and joint ventures</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22,198</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,813</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,375</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>610</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,002</b></font></td></tr>
</table>
<p style="font: 10pt/12pt Georgia, Times, Serif; margin: 0 0 0 21.25pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    of the entity</b></font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Place
    of business / Country of incorporation</b></font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Main
    </b><br /><b>activity</b></font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Common
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    <td colspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    financial statements issued</b></font></td>
    <td style="padding-bottom: 10pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td colspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    capital (nominal value)</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<tr>
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<tr>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Condor
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Adama
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Agrochemical</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBEL</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">India</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Israel</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">79,282,087</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">N/A</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Other
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<tr>
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<tr>
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    <td colspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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</table>
<p style="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">New
    Lipstick's equity comprises a rental office building in New York City known as the &#8220;Lipstick Building&#8221; with related
    debt. Metropolitan, a subsidiary of New Lipstick, has renegotiated its non-recourse debt with IRSA, which amounted to US$
    113.1, and obtained a debt reduction of US$ 20 by the lending bank, an extension to April 30, 2020 and an interest rate reduction
    from LIBOR + 4 b.p. to 2 b.p. upon payment of US$ 40 in cash (US$ 20 in September 2017 and US$ 20 in October 2017), of which
    IRSA has contributed with US$ 20. Following the renegotiation, Metropolitan&#8217;s debt amounts to US$ 53.1. Additionally,
    Metropolitan has agreed to exercise on or before February 1, 2019 the purchase option on part of the land where the property
    is built and, to deposit the sum of money corresponding to 1% of the purchase price. Furthermore, Metropolitan has agreed
    to cause IRSA and other shareholders to furnish the bank, on or before February 1, 2020, with a payment guarantee with acceptable
    financial ratios fot the Bank for the outstanding balance of the purchase price, or a letter of credit in relation to the
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td>
    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">BHSA
    is a full-service commercial bank offering a wide variety of banking activities and related financial services to individuals,
    small- and medium-sized companies and large corporations. The effect of Treasury shares was considered. Share market value
    is Ps. 6.65 per share</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(3)</font></td>
    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Condor
    is a hotel-focused real estate investment trust (REIT). Share market value as of June 30, 2018 is Ps. 10.70 per share.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(4)</font></td>
    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Adama
    is specialized in the chemical industry, mainly, in the agrochemical industry. See note 4.I.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(5)</font></td>
    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Quality
    is engaged in the operation of the San Mart&#237;n premises (formerly owned by Nobleza Piccardo S.A.I.C. y F.).</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(6)</font></td>
    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Mehadrin
    is a company engaged in the production and exports of citrus, fruits and vegetables. The Group has a joint venture agreement
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Share
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</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 28.3pt 0 14.2pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Amounts
    in millions of US Dollars under USGAAP. Condor&#8217;s year-end falls on December 31, so the Group estimates their interest
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: justify; padding-right: 28.3pt"><font style="font: 10pt Times New Roman, Times, Serif">The
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</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfFinancialInformationOfTheJointVenturesExplanatory', window );">Schedule of financial information of the joint ventures considered to be material</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Set
out below is summarized financial information of the associates and joint ventures considered to be material to the Group:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 3%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-bottom: 10pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><u>Associates</u></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBEL
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">418</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4,838</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
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<tr>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-bottom: 10pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
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<tr>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Quality
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">482</font></td></tr>
<tr>
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<td style="width: 0"></td><td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td style="text-align: justify"></td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-bottom: 10pt; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">60,486</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap; text-decoration: underline"><font style="font: 10pt Times New Roman, Times, Serif"><u>Joint
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,079</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">80</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Mehadrin
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">343</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">348</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBEL
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">300</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">202</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(160)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">47,192</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1,798)</font></td>
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<tr style="vertical-align: bottom">
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">180</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    March 2011, Quality acquired an industrial plant located in San Mart&#237;n, Province of Buenos Aires. The facilities are
    suitable for multiple uses. On January 20, 2015, Quality agreed with the Municipality of San Martin on certain re zoning and
    other urban planning matters (&#8220;the Agreement&#8221;) to surrender a non-significant portion of the land and a monetary
    consideration of Ps. 40 million, payable in two installments of Ps. 20 each, the first of which was actually paid on June
    30, 2015. In July 2017, the Agreement was amended as follows: 1) a revised zoning plan must be submitted within 120 days as
    from the amendment date, and 2) the second installment of the monetary considerations was increased to Ps. 71 million payables
    in 18 equal monthly installments. On March 8, 2018, it was agreed with the well-known Gehl Study (Denmark) - Urban Quality
    Consultant - the elaboration of a Master Plan, generating a modern concept of New Urban District of Mixed Uses.</font></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of joint ventures. [Refer: Joint ventures [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B4<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B4_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883992464">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment properties (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,705</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">173</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">353</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(14)</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4,489)</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Assets
    incorporated by business combination</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">107</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Reclassifications
    previous years</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(224)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Disposals</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(179)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(392)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(179)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(41)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">40,041</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,494</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    gain from fair value adjustment</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,437</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,332</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,143</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,310</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value at the end of the year</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,125</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>146,601</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>8,158</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>91,795</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify">&#160;</p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Amortization charges of capitalized leasing costs were included in &#8220;Costs&#8221; in the Statements of Income (Note 23).</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ScheduleOfInvestmentPropertyOfTheGroup', window );">Schedule of investment property of the Group</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following is the balance by type of investment property of the Group as of June 30, 2018 and 2017:</font></p>

<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">141,241</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">89,301</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Undeveloped
    parcels of land</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,608</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,647</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Properties
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,877</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,005</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>162,726</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>99,953</b></font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfRecognizedInTheStatementsOfIncomeExplanatory', window );">Schedule of recognized in the Statements of Income</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following amounts have been recognized in the Statements of Income:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    and services income </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,671</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,711</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,268</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Direct
    operating expenses </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,046)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,838)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,888)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Development
    expenditures </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,731)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,397)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(11)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    realized gain from fair value adjustment of investment properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">227</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">128</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">908</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    unrealized gain from fair value adjustment of investment properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">22,542</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,325</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,651</font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsExplanatory', window );">Schedule of fair value measurements of investment properties</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
following table presents information regarding the fair value measurements of investment properties using significant unobservable
inputs (Level 3):</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="4" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity
    (i)</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="2" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.18</b></font></td>
    <td colspan="2" style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.17</b></font></td></tr>
<tr>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Description</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Valuation
    technique</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 27%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Parameters</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Range
    fiscal year 2018</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Increase</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Decrease</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Increase</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Decrease</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties in Israel - Offices (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7.00%
    a 9.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,556)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,864</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,040)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,193</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average rental value per square meter (m2) per month, in NIS</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    63</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3,037</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,037)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,772</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,772)</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties in Israel - Commercial use (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7.00%
    a 9.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,322)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,457</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(759)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">853</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average rental value per square meter (m2) per month, in NIS</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    87</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,640</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,640)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,003</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,003)</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties in Israel - Industrial use (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7.75%
    a 9.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(477)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">538</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(316)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">377</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average rental value per square meter (m2) per month, in NIS</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    31</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">996</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(996)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">599</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(599)</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties in USA - HSBC Building (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6.25%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,212)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,269</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(715)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">765</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average rental value per square meter (m2) per month, in USD</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">USD
    73</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,654</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,654)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,497</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,497)</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
    properties in USA - Las Vegas project (Level 3)</font></td>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8.50%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(134)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">141</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(86)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">91</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average rental value per square meter (m2) per month, in USD</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">USD
    33</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">301</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(301)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">200</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(200)</font></td></tr>
<tr>
    <td rowspan="4" style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Shopping
    Malls in Argentina (Level 3)</font></td>
    <td rowspan="4" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9.79%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(5,046)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,796</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,948)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,445</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Growth
    rate</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3.00%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,104</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,307)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,464</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,794)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Inflation</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(*)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,035</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,643)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,684</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,425)</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Devaluation</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(*)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,554)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9,831</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4,703)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,054</font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Plot
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    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Comparable
    with incidence adjustment</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Value
    per square meter (m2)</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9,200</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">64</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">65</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">18</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(52)</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">%
    of incidence</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3.00%</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,165</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2,167)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,168</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1,202)</font></td></tr>
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    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Properties
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    <td rowspan="2" style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    fair value of the investment property after completing the construction</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,787
    NIS/m2 </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="border-bottom: black 1pt dashed; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    weighted average discount rate</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7.00%
    a 9.00%</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(377)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">377</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(437)</font></td>
    <td style="border-bottom: black 1pt dashed; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">437</font></td></tr>
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<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">(*)
For the next 5 years, an average AR$ / US$ exchange rate with an upward trend was considered, starting at Ps. 19.51 (corresponding
to the year ended June 30, 2018) and arriving at Ps. 49.05. In the long term, a nominal devaluation rate of 5.6% calculated based
on the quotient between inflation in Argentina and the United States is assumed. The considered inflation shows a downward trend,
which starts at 25.0% (corresponding to the year ended June 30, 2018) and stabilizes at 8% after 10 years. These premises were
determined at the closing date of the fiscal year.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Considering an increase or decrease of: 100 points for the discount and growth rate in Argentina, 10% for the incidence and inflation,
20% for the devaluation, 50 points for the discount rate of Israel and USA, and 1% for the value of the m2.</font></p><span></span>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883950240">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Property, plant and equipment (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Changes
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Others</b></font><font style="font: 10pt Times New Roman, Times, Serif"><br /><font style="line-height: 115%"><b>(i)</b></font></font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Costs
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">13,886</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">3,203</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">5,974</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">2,776</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">25,839</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Accumulated
    depreciation </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(613)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(390)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(564)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(223)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,790)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Net
    book amount at June 30, 2016</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>13,273</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>2,813</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>5,410</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>2,553</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>24,049</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">737</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">634</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">711</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">669</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">2,751</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Disposals
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(4)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(8)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(23)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(206)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(241)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Reclassification
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(28)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(16)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,513)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,557)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Impairment
    / recovery</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">12</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">12</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">2,948</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">627</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1,148</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">290</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">5,013</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Transfers
    from / to investment properties </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(156)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(156)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Depreciation
    charges (ii) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(627)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(588)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,084)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(459)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(2,758)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Balance
    at June 30, 2017</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>16,155</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>3,462</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>6,162</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>1,334</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>27,113</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Costs
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">17,573</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">4,614</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">8,156</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1,973</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">32,316</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Accumulated
    depreciation </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,418)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,152)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,994)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(639)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(5,203)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Net
    book amount at June 30, 2017</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>16,155</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>3,462</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>6,162</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>1,334</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>27,113</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1,098</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">999</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">971</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">916</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">3,984</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Disposals
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(17)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(24)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(45)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(9)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(95)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Deconsolidation
    (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(22,744)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(5,941)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(316)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(29,001)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Impairment
    / recovery</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(69)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(69)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Assets
    incorporated by business combination (iii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">104</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">113</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">217</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">9,057</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">2,418</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">3,827</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1,030</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">16,332</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Transfers
    to investment properties </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,568)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,568)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Depreciation
    charges (ii) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(903)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(713)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,297)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(597)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(3,510)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Balance
    at June 30, 2018</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>1,113</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>314</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>9,618</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>2,358</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>13,403</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Costs
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1,809</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">489</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">14,975</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">4,093</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">21,366</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">Accumulated
    depreciation </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(696)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(175)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(5,357)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1,735)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(7,963)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Net
    book amount at June 30, 2018</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>1,113</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>314</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>9,618</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>2,358</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>13,403</b></font></td></tr>
</table>
<p style="font: 10pt/7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/7pt Georgia, Times, Serif; margin: 0; text-align: justify; text-indent: -14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)&#160;&#160;&#160;
Includes furniture and fixtures, vehicles and aircrafts which have been reclassified to held for sale. (See Note 4)</font></p>

<p style="font: 10pt/7pt Georgia, Times, Serif; margin: 0; text-align: justify; text-indent: -14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: -14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)As
of June 30, 2018 and 2017, depreciation charges of property, plant and equipment were recognized: Ps. 1,764 and Ps. 1,522 in "Costs",
Ps. 175 and Ps. 251 in "General and administrative expenses" and Ps. 32 and Ps. 889 in "Selling expenses", respectively in the
Statements of Income, (Note 23). In addition, a depreciation charge in the amount of Ps. 1,539 and Ps. 96, was recognized in "Discontinued
operations" as of June 30, 2018 and 2017, respectively.</font></p>

<p style="font: 10pt/7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: -14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/7pt Georgia, Times, Serif; margin: 0; text-align: justify; text-indent: -14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(iii)&#160;&#160;
See Note 4.D. Includes other non-significant business combinations.</font></p><span></span>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6894296768">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trading properties (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAbstract', window );"><strong>Trading Properties</strong></a></td>
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</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesExplanatory', window );">Schedule of trading properties</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">Changes
in the Group&#8217;s trading properties for the fiscal years ended June 30, 2018 and 2017 were as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Completed
    properties</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Properties
    under development (i)</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Undeveloped
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,533</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,202</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,188</font></td>
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">971</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,101</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    from intangible assets</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">13</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">13</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(703)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(714)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,417)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>At
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>801</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,972</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,008</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,781</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,683</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">173</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">866</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,207</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">576</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(103)</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    from investment properties </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(353)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(353)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Disposals
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(516)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,162)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,717)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>At
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,609</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,250</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 62%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
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    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,018</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,532</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Current
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,232</font></td>
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<tr>
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<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 42.55pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 42.55pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;Includes
Zetol and Vista al Muelle plots of land, which have been mortgaged to secure Group's borrowings. The net book value amounted to
Ps. 306 and Ps. 190 as of June 30, 2018 and 2017, respectively. Additionally, the Group has contractual obligations not provisioned
related to these plot of lands committed when certain properties were acquired or real estate projects were approved, and amount
to Ps. 372 and<br style="clear: both" />
Ps. 135, respectively. Both projects are expected to be completed in 2029.</font></p><span></span>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852578848">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Intangible assets (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Changes
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<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0 58.1pt 0 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
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    <td style="padding-left: 5.4pt; width: 37%; padding-right: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Contracts
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,214</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">817</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,458</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,979</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(23)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(58)</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(704)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(241)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(190)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,216)</font></td></tr>
<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,355</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>759</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,219</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>948</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,268</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,763</b></font></td></tr>
<tr>
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    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">582</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">30</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">612</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Disposals
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(52)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(52)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Out-of-year
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">31</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">31</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to assets held for sale</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(81)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(36)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(21)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(44)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(182)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to trading properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(13)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(13)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Assets
    incorporated by business combination (Note 4) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">507</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">732</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">148</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">494</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">233</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">170</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,284</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Amortization
    charges (i)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(52)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(115)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,115)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(453)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(347)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,082)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at June 30, 2017</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,778</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,954</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>792</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,562</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,289</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,012</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,387</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Costs
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,778</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,029</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,002</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,746</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,103</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,659</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,317</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    amortization </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(75)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(210)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,184)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(814)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(647)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,930)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    book amount at June 30, 2017</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,778</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,954</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>792</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,562</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,289</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,012</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,387</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">567</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">80</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">647</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to trading properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Assets
    incorporated by business combination (iv) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">994</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">15</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,009</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deconsolidation
    (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,666)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(3,393)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(442)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(497)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(110)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(7,108)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,980</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,561</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">470</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,126</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">823</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">410</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,370</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Amortization
    charges (i)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(45)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(86)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(945)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(528)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(395)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,999)</font></td></tr>
<tr>
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<tr>
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<tr>
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<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,086</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,077</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,176</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,301</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,654</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,003</b></font></td>
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<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify; padding-right: 15.6pt"><p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">Amortization
                                         charge was recognized in the amount of Ps. 482 and Ps. 487 under "Costs", in the amount
                                         of Ps. 399 and Ps. 333 under "General and administrative expenses" and Ps. 880 and Ps.
                                         1,231 under "Selling expenses" as of June 30, 2018 and 2017, respectively in the Statements
                                         of Income (Note 23). In addition, a charge of Ps. 238 and Ps. 31 was recognized under
                                         "Discontinued operations" as of June 30, 2018 and 2017, respectively.</font></p>
                                                           <p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">.</font></p></td></tr>
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<table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="text-align: justify; padding-right: 15.6pt"><font style="font: 10pt Times New Roman, Times, Serif">Includes
    "Rights of use". Corresponds to Distrito Arcos </font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="text-align: justify; padding-right: 15.6pt"><font style="font: 10pt Times New Roman, Times, Serif">Includes
    "Rights to receive future units under barter agreements". Corresponds to receivables in kind representing the right to receive
    residential apartments in the future under barter agreements. Caballito: On June 29, 2011, the Group and TGLT entered into
    a barter agreement in the amount of US$ 12.8. In 2013, a neighborhood association secured a preliminary injunction which suspended
    the works to be carried out by TGLT in the property and started a claim against GCBA and TGLT. As a consequence of the unfavorable
    rulings rendered by lower courts and appellate courts in the cited proceeding, the Group and TGLT reached a settlement agreement
    dated December 30 2016, whereby they agreed to provide a deed for the revocation of the barter agreement, after TGLT resolved
    certain issues. Consequently, the Group has decided to deregister the intangible asset related to this transaction, thus recognizing
    a loss of Ps. 27.7. Subsequently, on April 26, 2018, the deed for the revocation was signed, which extinguished the obligations
    arising from the barter agreement dated June 29, 2011, and its amending agreements. Thus, the Group has received the property
    located in Caballito again.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
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    <td style="text-align: justify; padding-right: 15.6pt"><font style="font: 10pt Times New Roman, Times, Serif">See
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<tr style="vertical-align: top">
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    <td style="text-align: justify; padding-right: 15.6pt"><font style="font: 10pt Times New Roman, Times, Serif">The
    goodwill assigned to real estate in Israel amounts to NIS 155 (Ps. 907 at the exchange rate at the end of the financial year
    2018), that assigned to telecommunications amounts to NIS 268 (Ps. 2,114 at the exchange rate at the end of the financial
    year 2018) and the one assigned to supermarkets amounted to NIS 192. The rest is goodwill that is allocated to the real estate
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</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about intangible assets. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2018-01-01<br> -Paragraph 118<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=38&amp;date=2018-03-01&amp;anchor=para_118&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6866118784">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial instruments by category (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentsByCategoryAbstract', window );"><strong>Financial Instruments By Category</strong></a></td>
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<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
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<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-financial
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,648</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,648</font></td>
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<tr>
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    in financial assets:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Public companies&#8217; securities </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">135</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">135</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">135</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Private companies&#8217; securities </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,168</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,168</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,168</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Deposits </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,397</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,397</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,397</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Bonds </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">505</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">515</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">515</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">793</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">793</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">793</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,198</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,198</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,198</font></td></tr>
<tr>
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    financial instruments:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">71</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">71</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">71</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td></tr>
<tr>
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    assets (ii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,289</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,289</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,289</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    assets held for sale:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Clal </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,254</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,254</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,254</font></td></tr>
<tr>
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    and cash equivalents:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Cash at bank and on hand </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,452</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,452</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,452</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Short-term investments </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">28,334</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,531</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">30,865</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">30,865</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    assets </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>61,130</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>37,983</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>592</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,096</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>101,801</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,246</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>107,047</b></font></td></tr>
</table>
<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at amortized cost (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    financial liabilities</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-financial
    liabilities</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    1</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    3</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities
    as per Statement of Financial Position</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,265</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,265</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,836</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,101</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">206,617</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">206,617</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">206,617</font></td></tr>
<tr>
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    financial instruments:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Foreign-currency future contracts</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Swaps</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">47</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">47</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">47</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">24</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Forwards </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">118</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">118</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">118</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    liabilities </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>216,882</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>8</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>173</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>24</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>217,087</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,836</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>224,923</b></font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">The fair value of financial assets and liabilities
    at their amortized cost does not differ significantly from their book value, except for borrowings (Note 20).</font></td></tr>
</table>
<p style="font: 10pt/13pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
assets and financial liabilities as of June 30, 2017 were as follows:</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets at amortized cost (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    financial assets</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-financial
    assets</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,731</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    Public companies&#8217; securities </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">82</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">82</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">82</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Private companies&#8217; securities </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">964</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">964</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">964</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Deposits </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,235</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,235</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,235</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Bonds </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">425</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">425</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">425</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Investments in financial assets with quotation</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,017</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,017</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,017</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Warrants</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Foreign-currency future contracts </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">27</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">27</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">27</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Swaps </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">29</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">29</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">29</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">954</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">954</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">954</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Clal </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,562</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,562</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,562</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Cash at bank and on hand </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,529</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,529</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,529</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14,510</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,815</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,325</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,325</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    assets </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>43,959</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>21,394</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>507</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,046</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>66,906</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,819</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>70,725</b></font></td></tr>
</table>
<p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at amortized cost (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    financial liabilities</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-financial
    liabilities</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 41%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 9%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities
    as per Statement of Financial Position</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other payables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,166</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,166</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,713</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,879</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    (excluding finance leases) </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">129,411</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">129,411</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">129,411</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Foreign-currency future contracts</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-
    Forwards </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">152</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">167</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">167</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    liabilities </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>145,577</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>5</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>157</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>10</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>145,749</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,713</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>153,462</b></font></td></tr>
</table>
<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top">
<td style="width: 0pt"></td><td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td><td></td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">The fair value of financial assets and liabilities
    at their amortized cost does not differ significantly from their book value, except for borrowings (Note 19).</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Corresponds to deposits in guarantee and escrows.</font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfBookValueOfFinancialInstrumentsRecognizedExplanatory', window );">Schedule of book value of financial instruments recognized</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following are details of the book value of financial instruments recognized, which were offset in the statements of financial
position:</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>As
    of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>As
    of June 30, 2017</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross
    amounts recognized</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross
    amounts offset</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    amount presented</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross
    amounts recognized</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross
    amounts offset</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    amount presented</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other receivables (excluding the allowance for doubtful accounts and other receivables)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">19,523</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(875)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,648</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">19,602</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(871)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,731</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other payables</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,140</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(875)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,265</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">17,037</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(871)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16,166</font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfIncomeExpenseGainsOrLossesOfFinancialInstrumentsExplanatory', window );">Schedule of income, expense, gains and losses on financial instruments</a></td>
<td class="text"><p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Income,
expense, gains and losses on financial instruments can be assigned to the following categories:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 45%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets / liabilities at amortized cost</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets / liabilities at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">740</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">740</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(7,745)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(7,745)</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9,864)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9,864)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividend
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">40</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">42</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">82</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Loss
    on debt swap</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,228)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,228)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Capitalized
    finance costs</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">74</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">74</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value gain on financial assets at fair value through profit or loss (i) </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">426</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">426</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Loss)
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">169</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">170</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
    finance costs</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(356)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(356)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    (loss) / income (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(19,338)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>637</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(18,701)</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 45%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets / liabilities at amortized cost</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets / liabilities at fair value through profit or loss</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">704</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">704</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,092)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,092)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange (losses) / gains, net</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,079)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,075)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Finance
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividend
    income</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">33</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">35</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">68</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value gain on financial assets at fair value through profit or loss</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,928</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,928</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Loss)
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(7,220)</b></font></td>
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</table>
<p style="font: 10pt/14pt Times New Roman, Times, Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 22%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">619</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">619</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,307)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,053)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,047)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividend
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value gain on financial assets at fair value through profit or loss</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,445)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,445)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Loss)
    / Gain on derivative financial instruments, net</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">927</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">927</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
    finance costs</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(515)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(106)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(621)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Fair
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">79</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">79</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    (loss) / income (i)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(4,256)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(490)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(4,746)</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Included within
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</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.15pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Included in &#8220;Share
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</table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfRangeOfValuationModelsForTheMeasurementOfLevel2AndLevel3InstrumentsExplanatory', window );">Schedule of range of valuation models for the measurement of Level 2 and Level 3 instruments</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group uses a range of valuation models for the measurement of Level 2 and Level 3 instruments, details of which may be obtained
from the following table.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%"><font style="font: 10pt Times New Roman, Times, Serif"><b>Description</b></font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%"><font style="font: 10pt Times New Roman, Times, Serif"><b>Pricing
    model / method</b></font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 38%"><font style="font: 10pt Times New Roman, Times, Serif"><b>Parameters</b></font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 19%"><font style="font: 10pt Times New Roman, Times, Serif"><b>Range</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discount
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3.3</font></td></tr>
<tr style="vertical-align: top">
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    flows - Theoretical price</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    rate futures contracts and cash flows</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
    2</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td></tr>
<tr style="vertical-align: top">
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Preferred
    shares of Condor</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Binomial
    tree &#8211; Theoretical price I</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Underlying
    asset price (Market price); share price volatility (historical) and market interest rate (Libor rate curve).</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
    3</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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        <p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Market
        interest-rate 1.7% to 2.1%</font></p></td></tr>
<tr style="vertical-align: top">
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Promissory
    note </font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows -&#160;&#160;Theoretical price</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Market
    interest-rate (Libor rate curve)</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
    3</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Market
    interest-rate 1.8% to 2.2%</font></td></tr>
<tr style="vertical-align: top">
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Warrants
    of Condor</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Black-Scholes
    &#8211;&#160;&#160;Theoretical price</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Underlying
    asset price (Market price); share price volatility (historical) and market interest rate (Libor rate curve).</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
    2</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Underlying
                                         asset price 1.8 to 1.7</font></p>
        <p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Share
        price volatility 58% to 78%</font></p>
        <p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Market
        interest-rate 1.7% to 2.1%</font></p></td></tr>
<tr style="vertical-align: top">
    <td style="line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">TGLT
    Non-convertible Notes</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Black-Scholes
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    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Underlying
    asset price (Market price); share price volatility (historical) and market interest rate.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
    3</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Underlying
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        <p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Share
        price volatility 50% to 70%</font></p>
        <p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Market
        interest-rate 8% to 9%</font></p></td></tr>
<tr style="vertical-align: top">
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">Call
                                         option of Arcos</font></p>
        <p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Projected
    revenues and discounting rate.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Level
    3</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in financial assets - Other private companies&#8217; securities (*)</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    flow / NAV - Theoretical price </font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"><p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Projected
                                         revenue discounted at the discount rate</font></p>
        <p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"><font style="font: 10pt Times New Roman, Times, Serif">The
        value is calculated in accordance with shares in the equity funds on the basis of their Financial Statements, based on
        fair value or investments assessments.</font></p></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Level
    3</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">1
    - 3.5</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in financial assets - Others </font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Discounted
    cash flows -&#160;&#160;Theoretical price</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"><p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"><font style="font: 10pt Times New Roman, Times, Serif">Projected
                                         revenue discounted at the discount rate</font></p>
        <p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; text-indent: 5.3pt"><font style="font: 10pt Times New Roman, Times, Serif">The
        value is calculated in accordance with shares in the equity funds on the basis of their Financial Statements, based on
        fair value or investment assessments.</font></p></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Level
    3</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">1
    - 3.5</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments - Forwards</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Theoretical
    price</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Underlying
    asset price and volatility</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Level
    2 and 3</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; line-height: 115%; text-indent: 5.3pt; padding-left: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
An increase in the discount rate would decrease the value of investments in private companies, while an increase in projected
revenues would increase their value.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfChangesInLevel3InstrumentsExplanatory', window );">Schedule of changes in Level 3 instruments</a></td>
<td class="text"><p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table presents the changes in Level 3 financial instruments as of June 30, 2018 and 2017:</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 14%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments
    in financial assets - Public companies&#8217; Securities</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Derivative
    financial instruments - Forwards</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments
    in financial assets - Private companies&#8217; Securities</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investment
    in financial assets - Others</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Loans
    - non-recourse loan</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances
    at June 30, 2016</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>499</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,324</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>140</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(10,999)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(9,036)</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    and acquisitions </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">65</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(8)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">44</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">101</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">21</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">169</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">242</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">436</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Reclassification
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,272</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,272</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Write
    off </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(702)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(146)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(782)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Gain
    / (loss) for the year (i)</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">199</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(66)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(573)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(515)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(955)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances
    at June 30, 2017</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>82</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(10)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>964</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,036</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    and acquisitions </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">34</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">526</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">560</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    to level 1 (ii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(100)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(100)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    to current trade and other receivables</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(14)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">489</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">78</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">553</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deconsolidation
    (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(126)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(126)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Write
    off </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(67)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(67)</font></td></tr>
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about financial instruments. [Refer: Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 35K<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_35K&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6894306976">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade and other receivables (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
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<tr>
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<tr>
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<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>14,923</b></font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,734</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,289</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,378</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">733</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">825</font></td></tr>
<tr>
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    credits</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">355</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">216</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Others
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,055</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">472</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    other receivables</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>8,166</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,423</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    trade and other receivables</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23,089</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22,238</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,142</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,974</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">14,947</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">17,264</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23,089</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22,238</b></font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfAllowanceForCreditLossesExplanatory', window );">Schedule of allowance for doubtful accounts</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Movements
on the Group&#8217;s allowance for doubtful accounts were as follows:</font></p>

<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 68%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Beginning
    of the year </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>312</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>173</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    (i)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">315</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">234</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Recoveries
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(28)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(11)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">622</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">182</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deconsolidation
    (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(142)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Used
    during the year</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(274)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(266)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>End
    of the year </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>805</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>312</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The creation and
    release of the provision for impaired receivables have been included in &#8220;Selling expenses&#8221; in the Statements of
    Income (Note 23).</font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory', window );">Schedule of an aging analysis of past due unimpaired and impaired receivables</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Due
to the distinct characteristics of each type of receivables, an aging analysis of past due unimpaired and impaired receivables
is shown by type and class, as of June 30, 2018 and 2017 (a column of non-past due receivables is also included so that the totals
can be reconciled with the amounts appearing on the Statement of Financial Position):</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="3" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Past
    due</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Up
    to 3 months</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>From
    3 to 6 months</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 6%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Over
    6 months</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-past
    due</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impaired
    </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    of representation</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Additions
    / (reversals) for doubtful accounts</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Leases
    and services </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">280</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">42</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">92</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,094</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">200</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,708</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10.86%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(79)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Hotel
    services </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">782</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">237</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">68</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">502</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,589</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10.10%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Consumer
    financing </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.10%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale
    of properties and developments </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">25</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">43</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.27%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale
    of communication equipment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,184</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,184</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">32.96%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Telecommunication
    services </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,101</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">87</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,188</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">45.70%</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(190)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,072</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>43</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>354</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>13,454</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>805</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,728</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>100%</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(269)</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Leases
    and services </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">104</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">946</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">145</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,287</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7.98%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(40)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Hotel
    services </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">61</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">63</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.39%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Consumer
    financing </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.10%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale
    of properties and developments </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">17</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">61</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">0.38%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale
    of communication equipment </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,156</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,719</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,875</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">30.23%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(168)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Telecommunication
    services </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">482</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">110</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,805</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">86</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,483</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">21.60%</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale
    of products (supermarkets) </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">38</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,228</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">76</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,342</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">39.33%</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2017</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>642</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>28</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,334</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,767</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>356</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,127</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>100%</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(208)</b></font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfAllowanceForCreditLossesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the allowance relating to impairments of financial assets due to credit losses. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfAllowanceForCreditLossesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of changes aging analysis of past due unimpaired and impaired receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DisclosureOfAgingAnalysisOfPastDueUnimpairedAndImpairedReceivablesExplanatory</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about trade and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6720773776">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cash flow information (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
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<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Following
is a detailed description of cash flows generated by the Group&#8217;s operations for the years ended June 30, 2018, 2017 and
2016:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 63%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; width: 5%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Nota</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Profit
    for the year</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">21,295</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,220</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,078</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Profit
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(12,479)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4,093)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(817)</font></td></tr>
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    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>Adjustments
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Income
    tax </font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(124)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,766</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,325</font></td></tr>
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    and depreciation</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">20</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,737</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,377</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,531</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Loss
    from disposal of property, plant and equipment </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">35</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    gain from fair value adjustment of investment properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(22,605)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4,352)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(17,549)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Share-based
    payments</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">41</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Recovery)
    Charge for impairment of property, plant and equipment</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(12)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Expenses
    from sale of investment properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Derecognition
    of intangible assets by TGLT agreement</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">28</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Result
    from business combinations</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(8)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Disposal
    of disused investment properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">24</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Gain
    from disposal of associates</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(311)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(4)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    results, net </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">19,334</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,052</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,036</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Reversal
    of cumulative translation adjustment</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(41)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(100)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Provisions
    and allowances </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">372</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">113</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">191</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Share
    of loss / (profit) of associates and joint ventures</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">721</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(106)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(508)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>Changes
    in operating assets and liabilities:</i></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(Increase)
    / decrease in inventories</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(21)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">51</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Decrease
    in trading properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">499</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">510</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">189</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in trade and other receivables</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(19)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(986)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(547)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in trade and other payables</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">907</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">147</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">160</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in salaries and social security liabilities</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">53</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">48</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">20</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Decrease
    in provisions</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(202)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(85)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(127)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    cash generated by continuing operating activities before income tax paid</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,176</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,736</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,015</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Net
    cash generated by discontinued operating activities before income tax paid</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,144</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,280</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">892</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    cash generated by operating activities before income tax paid</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,320</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10,016</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,907</b></font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfReclassificationsOrChangesInPresentationExplanatory', window );">Schedule of reclassification of assets and liabilities held for sale</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows balances incorporated as result of business combination / deconsolidation or reclassification of assets
and liabilities to held for sale of subsidiaries:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 5%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investment
    properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(4,382)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">29,586</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Property,
    plant and equipment </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(28,801)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,712</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">15,104</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trading
    properties</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,656</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Intangible
    assets </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(6,188)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">19</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6,603</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in associates and joint ventures</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(365)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">91</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    assets held for sale</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5,129</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other payables </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">22,933</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(917)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(19,749)</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,389</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(148)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">21,050</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(660)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(60,306)</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">432</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(969)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Income
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">7</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(267)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,796</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,254</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(47)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(405)</font></td></tr>
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>(9,636)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>532</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>(538)</b></font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(5,554)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">150</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Non-controlling
    interest </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">7,329</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">40</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(8,630)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">74</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(26)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,391</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    amount of assets incorporated / held for sale </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>(7,787)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>696</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>(7,777)</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    held before acquisition </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">67</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Seller
    financing</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(38)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents incorporated / held for sale </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(150)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9,193</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    (outflow) inflow of cash and cash equivalents / assets and liabilities held for sale </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(7,825)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>613</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,416</b></font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfSignificantNonCashTransactionsExplanatory', window );">Schedule of detail of significant non-cash transactions</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows a detail of significant non-cash transactions occurred in the years ended June 30, 2018, 2017 and 2016:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 71%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Decrease
    in investments in associates and joint ventures through a decrease in borrowings</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">199</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    distribution to non-controlling shareholders not yet paid </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,529)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">64</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">64</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in investments in associates and joint ventures through a decrease in trade and other receivables</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">49</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in intangible assets through an increase in trade and other payables </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">111</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in investments in associates and joint ventures through a decrease in investments in financial assets</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">702</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in derivative financial instruments through a decrease in investments in financial assets</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">24</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Payment
    of dividends through an increase in trade and other payables</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Changes
    in non-controlling interest through a decrease in trade and other receivables</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,380</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Increase
    in property, plant and equipment through an increase of trade and other payables</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">793</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852394080">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade and other payables (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text"><p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Group&#8217;s
trade and other payables as of June 30, 2018 and 2017 were as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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    <td style="padding-left: 5.4pt; width: 66%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    payables</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9,688</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14,793</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sales,
    rental and services payments received in advance </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,572</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,339</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Construction
    obligations</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,475</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,226</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Accrued
    invoices </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">948</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">633</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">37</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">73</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    trade payables</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,720</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>21,064</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">123</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">251</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    payables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">325</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">510</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Construction
    obligations</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">521</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">343</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
    payables</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,412</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,711</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    other payables</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,381</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,815</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    trade and other payables</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>18,101</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23,879</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,484</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,040</font></td></tr>
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    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">14,617</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">20,839</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>18,101</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23,879</b></font></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td><strong> Period Type:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about trade and other payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<td>nonnum:textBlockItemType</td>
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<td><strong> Balance Type:</strong></td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852283296">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Provisions (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionsAbstract', window );"><strong>Provisions [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsExplanatory', window );">Schedule of provisions</a></td>
<td class="text"><p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows the movements in the Group's provisions categorized by type:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 37%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Legal
    claims (i)</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments
    in associates and joint ventures (ii)</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Onerous
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>As
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>689</b></font></td>
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">246</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    by business combination</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Recovery
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(104)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(80)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Used
    during the year</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(151)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(68)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(219)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Currency
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">139</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">39</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">90</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">296</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>As
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>821</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>72</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>140</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>220</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>580</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">299</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,380</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">61</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">73</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">925</font></td></tr>
<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,452</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>163</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1</b></font></td>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,602</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 21%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 21%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,549</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">943</font></td></tr>
<tr>
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<tr>
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<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(i)&#160;&#160;&#160;
Additions and recoveries are included in "Other operating results, net".</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(ii)&#160;&#160;
Corresponds to the equity interest in New Lipstick with negative equity. Additions and recoveries are included in "Share of profit
/ (loss) of associates and joint ventures".</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(iii)&#160;&#160;
The Group&#8217;s companies are required to recognize certain costs related to the dismantling of assets and remediation of sites
from the places where such assets are located. The calculation of such expenses is based on the dismantling value for the current
year, taking into consideration the best estimate of future changes in prices, inflation, etc. and such costs are capitalized
at a risk-free interest rate. Volume projections for retired or built assets are recast based on expected changes from technological
rulings and requirements.</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(iv)&#160;&#160;
Provisions for other contractual obligations include a series of obligations resulting from a contractual liability or law, regarding
which there is a high degree of uncertainty as to the terms and the necessary amounts to discharge such liability.</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"></p>

<p style="font: 10pt/8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(v)&#160;&#160;
In November 2009, PBC&#8217;s Audit Committee and Board of Directors approved the agreement with Rock Real whereby the latter
would look for and propose to PBC the acquisition of commercial properties outside Israel, in addition to assisting in the negotiations
and management of such properties. In return, Rock Real would receive 12% of the net income generated by the acquired property.
Pursuant to amendment 16 of the Israel Commercial Act 5759-1999, the agreement must be ratified by the Audit Committee before
the third year after the effective date; otherwise, it expires. The agreement has not been ratified by the audit committee within
such three-year term, so in January 2017 PBC issued a statement that hinted at the expiration of the agreement and informed that
it would begin negotiations to reduce the debt that currently amounts to NIS 106 (equivalent to Ps. 836 of these Consolidated
Financial Statements). The parties have appointed an arbitrator that should render a decision on the dispute. The remaining corresponds
to provisions related to investment properties.</font></p><span></span>
</td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6867424864">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Borrowings (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsAbstract', window );"><strong>Borrowings [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfFairValueOfBorrowingsExplanatory', window );">Schedule of fair value of borrowings</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
breakdown and the fair value of the Group borrowings as of June 30, 2018 and 2017 was as follows:</font></p>

<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 34%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value as of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value as of June 30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">NCN
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">171,142</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">108,417</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">183,338</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">110,164</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Bank
    loans </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">31,244</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,012</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">31,837</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,048</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Non-recourse
    loans </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,025</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,930</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Bank
    overdrafts </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">671</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">91</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">671</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">91</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
    borrowings (i)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,576</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,870</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,761</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,828</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    borrowings</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>206,633</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>129,415</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>220,607</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>131,061</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">181,046</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">109,489</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">25,587</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">19,926</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Total
    <b>(ii)</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>206,633</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>129,415</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Includes financial leases for Ps. 16 and Ps. 4 as of June 30, 2018 and 2017.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">(ii)
Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfMaturityOfTheBorrowingsExplanatory', window );">Schedule of maturity of the group's borrowings</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
maturity of the Group's borrowings (excluding obligations under finance leases) is as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 51%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 23%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    capital</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Less
    than 1 year </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,865</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,672</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    1 and 2 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">25,722</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14,352</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    2 and 3 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">22,728</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14,998</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    3 and 4 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">18,887</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,918</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    4 and 5 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">47,546</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,737</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than 5 years </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">66,054</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">57,438</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>204,802</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>128,115</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Less
    than 1 year </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,714</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,253</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    1 and 2 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">30</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    2 and 3 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">33</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    3 and 4 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">19</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Between
    4 and 5 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than 5 years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">33</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,815</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,296</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>206,633</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>129,415</b></font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory', window );">Schedule of borrowing by type of fixed-rate and floating-rate</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following tables shows a breakdown of Group&#8217;s borrowing by type of fixed-rate and floating-rate, per currency denomination
and per functional currency of the subsidiary that holds the loans for the fiscal years ended June 30, 2018 and 2017.</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="4" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td></tr>
<tr>
    <td style="border-bottom: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; width: 49%; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    per currency</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Argentine
    Peso</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Uruguayan
    Peso</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>New
    Israel Shekel</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fixed
    rate:</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Argentine
    Peso</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,049</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,049</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">New
    Israel Shekel</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">80,685</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">80,685</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">23,228</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">372</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,273</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">35,873</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    fixed-rate borrowings</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>24,277</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>372</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>92,958</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>117,607</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Floating
    rate:</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Argentine
    Peso</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,154</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,154</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">New
    Israel Shekel</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">86,214</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">86,214</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,642</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,642</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    floating-rate borrowings</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,154</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>87,856</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>89,010</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    borrowings as per analysis</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>25,431</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>372</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>180,814</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>206,617</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Finance
    leases obligations</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    borrowings as per Statement of Financial Position</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>25,447</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>372</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>180,814</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>206,633</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td colspan="4" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="border-bottom: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; width: 49%; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    per currency</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Argentine
    Peso</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Uruguayan
    Peso</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>New
    Israel Shekel</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fixed
    rate:</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Argentine
    Peso</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">79</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">79</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">New
    Israel Shekel</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">35,867</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">35,867</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,222</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">135</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,741</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">19,098</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    fixed-rate borrowings</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,301</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>135</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>43,608</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>55,044</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Floating
    rate:</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Argentine
    Peso</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">540</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">540</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">New
    Israel Shekel</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72,805</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72,805</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,022</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,022</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    floating-rate borrowings</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>540</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>73,827</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>74,367</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    borrowings as per analysis</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,841</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>135</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>117,435</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>129,411</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Finance
    leases obligations</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    borrowings as per Statement of Financial Position</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,845</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>135</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>117,435</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>129,415</b></font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory', window );">Schedule of debt issuances</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following describes the debt issuances made by the Group for the years ended June 30, 2018, and 2017:</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 7.1pt 0 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Entity</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Class</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Issuance
    / expansion date</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Amount
    in original currency</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Maturity
    date</b></font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 28%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Principal
    payment</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest
    payment</b></font></td>
    <td rowspan="2" style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>rate</b></font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IRSA</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Class
    VII</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">sep-16</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">384.2</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9/9/2019</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Badlar
    + 2.99% n.a</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IRSA</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Class
    VIII</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">sep-16</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">US$
    184.5</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9/9/2019</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">7%
    n.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IRSA
    CP</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Class
    IV</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">sep-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">US$
    140</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9/14/2020</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5%
    n.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IDBD</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    N</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">aug-16</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    325</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/29/2022</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5.3%
    e.a</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IDBD</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    M</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">feb-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    1,060</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">11/28/2019</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5.40%
    n.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IDBD</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    N</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">jul-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    642.1</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/30/2022</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5.3%
    e.a</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">IDBD</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    N</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">nov-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    357</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/30/2022</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5.3%
    e.a</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">DIC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    F</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">aug-16</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    360</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/31/2025</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2017</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">annual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">DIC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    F</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">apr-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    444</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/31/2025</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2017</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">annual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">DIC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    J</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">dec-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    762</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">12/30/2026</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.8%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2021</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">biannual</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    I</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">oct-16</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    102</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6/29/2029</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    I</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">apr-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    431</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6/29/2029</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    I</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">oct-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    497</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6/29/2029</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">PBC</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    I</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">dec-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    496</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6/29/2029</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3.95%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">At
    expiration</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">quarterly</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Gav
    - Yam</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    F</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">apr-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    303</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3/31/2026</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.75%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2021</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">biannual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Gav
    - Yam</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    H</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">sep-17</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    424</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">6/30/2034</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2.55%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2019</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">biannual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Cellcom</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    L</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">jan-18</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    401</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1/5/2028</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2.5%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2023</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">annual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    E</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">jan-18</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    544</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">10/8/2028</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.3%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2018</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">annual</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Shufersal</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">SERIES
    E</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">jan-18</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">NIS
    544</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">10/8/2028</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4.3%
    e.a.</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Annual
    payments since 2018</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">annual</font></td>
    <td style="text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 7.1pt 0 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td style="padding-right: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">IDBD has the right
    to make an early repayment, totally or partially. As a guarantee for the full compliance of all the commitments IDBD has pledged
    approximately 60.4 million shares of DIC under a single fixed charge of first line and in guarantee of by means of the lien,
    in an unlimited amount, in favor of the trustee for the holders of the debentures.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Georgia, Times, Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td>
    <td style="padding-right: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">Corresponds a to
    an expansion of the series.</font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ScheduleOfEvolutionOfBorrowingExplanatory', window );">Schedule of evolution of borrowing</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows a detail of evolution of borrowing during the years ended June 30, 2018 and 2017:</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 67%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at the beginning of the year</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">129,415</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">112,936</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">17,853</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26,596</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Payment
    of borrowings</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(17,969)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(17,780)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Obtention
    / (payment) of short term loans, net</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">345</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(862)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Interests
    paid</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,999)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(5,326)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Deconsolidation
    (see Note 4.G.)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(21,310)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Accrued
    interests</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,288</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,192</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Changes
    in fair value of third-party loans</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">114</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Loans
    received from associates and joint ventures, net</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment and exchange differences, net</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">96,892</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,659</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at the end of the year</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; background-color: white; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>206,633</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; background-color: white; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>129,415</b></font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of changes borrowing by type of fixed-rate and floating-rate, per currency denomination and per functional currency of the subsidiary that holds the loans for the fiscal years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DisclosureOfBorrowingByTypeOfFixedRateAndFloatingRateExplanatory</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisclosureOfFairValueOfBorrowingsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of changes fair value of borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisclosureOfMaturityOfTheBorrowingsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of changes maturity of the Group's borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Detail information about evolution of borrowing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6867747408">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income tax (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxAbstract', window );"><strong>Income Tax</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ScheduleOfIncomeTaxExplanatory', window );">Schedule of income tax</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
details of the provision for the Group&#8217;s income tax, is as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Current
    income tax </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(425)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(745)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(567)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">549</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,021)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(5,784)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">MPIT</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income
    tax from continuing operations </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>124</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,766)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(6,325)</b></font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfStatutoryTaxesRatesExplanatory', window );">Schedule of statutory taxes rates</a></td>
<td class="text"><p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
statutory taxes rates in the countries where the Group operates for all of the years presented are:</font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<tr>
    <td style="border-bottom: black 1pt solid; text-align: center; padding-left: 11.35pt; width: 77%; padding-right: 2.8pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>Tax
    jurisdiction</b></font></td>
    <td style="text-align: center; padding-left: 2.8pt; width: 2%; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; padding-left: 2.8pt; width: 21%; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income
    tax rate</b></font></td></tr>
<tr>
    <td style="padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Argentina
    </font></td>
    <td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">25%
    - 35%</font></td></tr>
<tr>
    <td style="padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Uruguay
    </font></td>
    <td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">0%
    - 25%</font></td></tr>
<tr>
    <td style="padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">U.S.A.
    </font></td>
    <td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">0%
    - 45%</font></td></tr>
<tr>
    <td style="padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Bermudas
    </font></td>
    <td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">0%</font></td></tr>
<tr>
    <td style="padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Israel
    </font></td>
    <td style="text-align: right; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center; padding-left: 2.8pt; padding-right: 2.8pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">23%
    - 24%</font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfReconciliationIncomeTaxExpenseExplanatory', window );">Schedule of reconciliation of income tax expense</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Below
is a reconciliation between income tax expense and the tax calculated applying the current tax rate, applicable in the respective
countries, to profit before taxes for years ended June 30, 2018, 2017 and 2016:</font></p>

<p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Loss
    from continuing operations at tax rate applicable in the respective countries </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(3,571)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(1,963)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(5,622)</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><i>Permanent
    differences:</i></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Share
    of profit of associates and joint ventures</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(71)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">130</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(226)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Unrecognized
    tax loss carryforwards (i)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,557)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,209)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(169)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Changes
    in fair value of financial instruments (ii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(346)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">434</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Change
    of tax rate (ii)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,676</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">396</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(450)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Non-taxable
    profit / (loss), non-deductible expenses and others</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(7)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(554)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">116</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income
    tax from continuing operations </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>124</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,766)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(6,351)</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>MPIT</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>26</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Corresponds mainly to holding companies in the Operations Center in Israel</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">(ii)
As of June 30, 2018 corresponds to the effect of applying the changes in the tax rates applicable in accordance with the tax reform
explained above, being Ps. 405 the effect of the rate change in US and Ps. 5,271 the effect of the rate change in Argentina. As
of June 30, 2017 and 2016 the rate change was in Israel.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfDeferredTaxAssetsExplanatory', window );">Schedule of deferred tax assets and liabilities</a></td>
<td class="text"><p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
tax assets and liabilities of the Group as of June 30, 2018 and 2017 will be recovered as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 69%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax asset to be recovered after more than 12 months </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,865</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,577</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax asset to be recovered within 12 months </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,093</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">159</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deferred
    income tax assets </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,958</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,736</b></font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax liability to be recovered after more than 12 months </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(32,597)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(19,027)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax liability to be recovered within 12 months </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(178)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9,448)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deferred
    income tax liability </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(32,775)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(28,475)</b></font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deferred
    income tax assets (liabilities), net </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(25,817)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(22,739)</b></font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory', window );">Schedule of movement in the deferred income tax assets and liabilities</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
movement in the deferred income tax assets and liabilities during the years ended June 30, 2018 and 2017, without taking into
consideration the offsetting of balances within the same tax jurisdiction, is as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 30%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.17</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Business
    combination and Assets held for sale (i)</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 10%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cumulative
    translation adjustment</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Charged
    / (Credited) to the statements of income</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deconsolidation</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 8%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>06.30.18</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other payables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,021</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">526</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(591)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,956</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    loss carry-forwards </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,955</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">746</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">703</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,405</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Others
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">760</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">523</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(268)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(418)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">597</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    assets</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,736</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,795</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(156)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<tr>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">126</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">433</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">781</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,342)</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,341)</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">359</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(14)</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(7,927)</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>415</b></font></td>
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<tr>
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</table>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,774</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">281</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">488</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">724</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">136</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">760</font></td></tr>
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(47)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>905</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(700)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(171)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,736</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investment
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(20,772)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,888)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,575)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">59</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(24,176)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trading
    properties </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(120)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(24)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">45</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(99)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other receivables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(142)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(7)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(156)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(305)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Investments
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(10)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9)</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,860)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(312)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">490</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,682)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Others
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(944)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">36</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(122)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(174)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,204)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    liabilities</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(24,848)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>29</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,345)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(1,370)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>59</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
    </b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(28,475)</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets
    (Liabilities), net </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(19,099)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(18)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(1,440)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,070)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>59</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(171)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(22,739)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Includes Ps. 6 for business combination (Note 4) and Ps. 12 for reclassification to assets held for sale (Note 31).</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfTaxLossCarryForwardExplanatory', window );">Schedule of tax loss carry forward</a></td>
<td class="text"><p style="color: #222222; font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">As
of June 30, 2018, the Group's recognized tax loss carry forward prescribed as follows:</font></p>

<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 48%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Date</b></font></td>
    <td style="padding-left: 5.4pt; width: 7%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 45%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2019</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">49</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2020</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">35</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2021</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">33</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2022</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2023</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,875</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Do
    not expire</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,404</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,405</b></font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisclosureOfDeferredTaxAssetsExplanatory">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about deferred tax assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about movement in the deferred income tax assets and liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">irsa_DisclosureOfMovementInTheDeferredIncomeTaxAssetsAndLiabilitiesExplanatory</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about reconciliation income tax expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisclosureOfStatutoryTaxesRatesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about statutory taxes rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisclosureOfTaxLossCarryForwardExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about tax loss carry forward.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxAbstract</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ScheduleOfIncomeTaxExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about income tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<head>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883949552">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Leases (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Leases1Abstract', window );"><strong>Leases</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeExplanatory', window );">Schedule of operating leases</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
future minimum payments that the Group must pay under operating leases are as follows:</font></p>

<p style="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="padding-left: 5.4pt; width: 51%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">No
    later than one year </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,173</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,901</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,860</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than one year and not later than five years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,477</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">7,949</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6,705</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than five years </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">655</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,869</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,127</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,305</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,719</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,692</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
properties are considered to be investment property. Book value is included in Note 9. The future minimum proceeds under non-cancellable
operating leases from Group&#8217;s shopping malls, offices and other buildings are as follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
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    <td style="padding-left: 5.4pt; width: 50%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">No
    later than one year </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,813</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,437</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,137</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than one year and not later than five years </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">22,371</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">12,451</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">13,361</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Later
    than five years </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,290</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,632</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,247</font></td></tr>
<tr>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>35,474</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>21,520</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>20,745</b></font></td></tr>
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</td>
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<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of finance leases and operating leases by the lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2019-01-01<br> -Name IAS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=17&amp;date=2018-03-02&amp;anchor=para_31&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2019-01-01<br> -Name IAS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 35<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=17&amp;date=2018-03-02&amp;anchor=para_35&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6719177056">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Revenues (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
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</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory', window );">Schedule of revenues</a></td>
<td class="text"><p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 52%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Income
    from communication services </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">14,392</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11,958</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,956</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Rental
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,671</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,537</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,197</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Sale
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,955</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">4,006</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,844</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,818</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,454</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">191</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Revenue
    from hotel operation and tourism services</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,040</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">766</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">557</font></td></tr>
<tr>
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    revenues</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">212</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">283</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">171</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Group&#8217;s revenues </b></font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>27,004</b></font></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for revenue from contracts with customers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2018-01-01<br> -Section Presentation<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=15&amp;date=2018-03-01&amp;anchor=sect_Presentation&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 15<br> -IssueDate 2018-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=15&amp;date=2018-03-01&amp;anchor=sect_Disclosure&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852804944">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Expenses by nature (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">The
following tables provide additional disclosure regarding expenses by nature and their relationship to the function within the
Group as of June 30, 2018, 2017 and 2016:</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
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    <td style="padding-left: 5.4pt; width: 49%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Costs</b></font></td>
    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>General
    and administrative expenses</b></font></td>
    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Selling
    expenses</b></font></td>
    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cost
    of sale of goods and services</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,219</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,219</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Salaries,
    social security costs and other personnel expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,455</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,627</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,485</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,567</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation
    and amortization</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,250</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">575</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">912</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,737</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fees
    and payments for services</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,830</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">859</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,755</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Maintenance,
    security, cleaning, repairs and others</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,689</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">146</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">96</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,931</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Advertising
    and other selling expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">270</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">6</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,272</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,548</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Taxes,
    rates and contributions</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">328</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">81</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">196</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">605</font></td></tr>
<tr>
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    and roaming expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,066</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">228</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">228</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">52</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">133</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">269</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">269</font></td></tr>
<tr>
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    expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">894</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">342</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">234</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,663</b></font></td>
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</table>
<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 50%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Costs</b></font></td>
    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 14%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>General
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    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Selling
    expenses</b></font></td>
    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4,269</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4,273</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Salaries,
    social security costs and other personnel expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,008</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,257</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,150</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4,415</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation
    and amortization</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,804</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">520</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,053</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3,377</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fees
    and payments for services</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,704</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">671</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">48</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,423</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Maintenance,
    security, cleaning, repairs and others</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,444</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">86</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,533</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Advertising
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">284</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,050</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,334</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Taxes,
    rates and contributions</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">232</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">23</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">168</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">423</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Interconnection
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,711</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">180</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">105</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">204</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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</table>
<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Costs</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 14%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>General
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    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Selling
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    <td style="text-align: center; line-height: 115%; background-color: white; padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,557</font></td></tr>
<tr>
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    social security costs and other personnel expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,202</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">552</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">502</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,256</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">738</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">256</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">538</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,532</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fees
    and payments for services</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">706</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">396</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">37</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,139</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Maintenance,
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">664</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">59</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">726</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Advertising
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">282</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">472</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">754</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Taxes,
    rates and contributions</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">223</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">150</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">387</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">157</font></td></tr>
<tr>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">70</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">141</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">132</font></td>
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<tr>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6889379104">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cost of goods sold and services provided (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
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</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ScheduleOfCostOfGoodsSoldAndServicesExplanatory', window );">Schedule of cost of goods sold and services</a></td>
<td class="text"><p style="font: 10pt/13pt Calibri, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 64%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 18%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Inventories
    at the beginning of the year (*)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">10,041</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,216</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Purchases
    and expenses</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">69,910</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">54,426</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Capitalized
    finance costs</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">11</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Cumulative
    translation adjustment</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,874</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,687</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">27</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Deconsolidation
    (Note 4.G)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,276)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to investment properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(353)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Incorporated
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">380</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Inventories
    at the end of the year (*)</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(9,880)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(10,041)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    costs</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>69,716</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>55,315</b></font></td></tr>
</table>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(**)
Includes the cost of goods sold from Shufersal which was reclassified as discontinued operations for an amount of Ps. 45,087,
as of June 30, 2018 and Ps. 39,282 as of June 30, 2017.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ScheduleOfInventoryTableTextBlock', window );">Schedule of inventories</a></td>
<td class="text"><p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify"></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table presents the composition of the Group&#8217;s inventories for the years ended June 30, 2018 and 2017:</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 57%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    as of June 30, 2017</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Real
    estate</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9,275</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,804</font></td></tr>
<tr>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6888429104">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Other operating results, net (Tables)<br></strong></div></th>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial results, net (Tables)<br></strong></div></th>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialResultsNetAbstract', window );"><strong>Financial Results Net</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfFinancialResultsExplanatory', window );">Schedule of financial results</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 57%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 15%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Finance
    income:</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Interest income </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">740</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">704</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">619</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Foreign exchange gain </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">939</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">165</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">573</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Dividends income </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">82</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">68</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">72</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    finance income </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,761</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>937</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,264</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Finance
    costs:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Interest expenses </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(7,745)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(6,092)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,330)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Loss on debt swap (Note 19)</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,228)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Foreign exchange loss </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(10,803)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,240)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(2,620)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Other finance costs </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(356)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(743)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(621)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subtotal
    finance costs </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(21,132)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(8,075)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(5,571)</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Capitalized
    finance costs</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">74</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    finance costs </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(21,058)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(8,072)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(5,571)</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Other
    financial results:</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Fair value gain of financial assets and liabilities at fair value through profit or loss, net </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">426</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">2,928</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(1,445)</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    Gain on derivative financial instruments, net </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">170</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">112</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">927</font></td></tr>
<tr>
    <td style="text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    other financial results </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>596</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,040</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>(518)</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    financial results, net </b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(18,701)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(4,095)</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(4,825)</b></font></td></tr>
</table><span></span>
</td>
</tr>
</table>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about financial results.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
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</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<DOCUMENT>
<TYPE>XML
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6883932688">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per share (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EarningsPerShareAbstract', window );"><strong>Profit per share attributable to equity holders of the parent:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfBasicEarningsPerShareExplanatory', window );">Schedule of basic earnings per share</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Basic
earnings per share amounts are calculated in accordance with IAS 33 "Earning per share" by dividing the profit attributable to
equity holders of the Group by the weighted average number of ordinary shares outstanding during the year.</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 65%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Profit
    for the year of continuing operations attributable to equity holders of the parent</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,278</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,383</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,635</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Profit
    for the year of discontinued operations attributable to equity holders of the parent</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9,725</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,647</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">338</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Profit
    for the year attributable to equity holders of the parent</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">15,003</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,030</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,973</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average number of ordinary shares outstanding</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">575</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">575</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">575</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Basic
    earnings per share</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>26.09</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>5.27</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>15.61</b></font></td></tr>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfDilutedEarningsPerShareExplanatory', window );">Schedule of diluted earnings per share</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group holds treasury shares associated with incentive plans with potentially dilutive effect.</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 65%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 11%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Profit
    for the year of continuing operations attributable to equity holders of the parent</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">5,278</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,383</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,635</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Profit
    for the year of discontinued operations attributable to equity holders of the parent</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">9,725</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">1,647</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">338</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Profit
    for the year per share attributable to equity holders of the parent</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">15,003</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">3,030</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">8,973</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Weighted
    average number of ordinary shares outstanding</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">579</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">579</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">579</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Diluted
    earnings per share</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>25.91</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>5.23</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>15.50</b></font></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EarningsPerShareAbstract</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about basic earnings per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about diluted earnings per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>72
<FILENAME>R65.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6722291136">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Employee benefits (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_EmployeeBenefitsAbstract', window );"><strong>Employee Benefits</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfMovementsInTheNumberOfMatchingSharesOutstandingExplanatory', window );">Schedule of movements in the number of matching shares outstanding</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">Movements
in the number of matching shares outstanding under the incentive plan corresponding to the Company&#180;s contributions are as
follows:</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 45%; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 17%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>At
    the beginning </b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,507,947</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,619,599</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,439,507</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Additions
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Disposals
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(10,169)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(117,367)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Granted
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(160,746)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(101,483)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">(702,541)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>At
    the end </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,347,201</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,507,947</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,619,599</b></font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory', window );">Schedule of options pending</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows the detail of the options pending at year end:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top">
    <td style="border: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">DIC</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 20%; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">Cellcom</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">Exercise
    price range of outstanding options</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">NIS
    2.92-8</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">&#160;NIS
    25.65-51.48</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">Average
    price of outstanding options</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">NIS
    6.46</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">NIS
    28.3 </font></td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">Amount
    of outstanding options</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">4,745,090</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">918,665</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">Average
    remaining useful life</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">4.75
    years</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt/115% Times New Roman, Times, Serif">1.61
    years </font></td></tr>
</table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansExplanatory', window );">Schedule of employee benefits - Israel</a></td>
<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">The
Group&#8217;s liabilities in relation to severance pay and/or retirement benefits of Israeli employees are calculated in accordance
with Israeli laws.</font></p>

<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 59%; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 1%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 13%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2016</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Present
    value of unfunded obligations </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">316</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">673</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">572</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Present
    value of funded obligations </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">371</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,789</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,070</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    present value of defined benefits obligations (post-employment) </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>687</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,462</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,642</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value of plan assets </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(592)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1,703)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(1,101)</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Recognized
    liability for defined benefits obligations </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>95</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>759</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>541</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Liability
    for other long-term benefits </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">15</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">4</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">148</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    recognized liabilities </b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>110</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>763</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>689</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Assets
    designed for payment of employee benefits</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2018-01-01<br> -Paragraph 138<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=19&amp;date=2018-03-01&amp;anchor=para_138&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6853908320">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related party transactions (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RelatedPartyTransactionsAbstract', window );"><strong>Related party transactions [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfSeniorManagementRemunerationExplanatory', window );">Schedule of company's senior management</a></td>
<td class="text"><p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">The
Company&#8217;s Senior Management in the Operation Center in Argentina is composed of as follows:&#160;</p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="padding-bottom: 2px; width: 23%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif"><b>Name</b></font></td>
    <td style="padding-bottom: 2px; width: 21%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif"><b>Date of Birth</b></font></td>
    <td style="padding-bottom: 2px; width: 36%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif"><b>Position</b></font></td>
    <td style="width: 20%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif"><b>Actual position since</b></font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Eduardo S. Elsztain</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">01/26/1960</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">General Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">1991</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Daniel R. Elsztain</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">12/22/1972</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Operating Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">2012</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Arnaldo Jawerbaum</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">08/13/1966</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Investment Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">2017</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Mat&#237;as I. Gaivironsky</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">02/23/1976</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Administrative and Financial Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">2011</font></td></tr>
</table>
<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif">The
Company&#8217;s Senior Management in the Operation Center in Israel is composed of as follows:</p>

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    <td style="padding-bottom: 2px; width: 23%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif"><b>Name</b></font></td>
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    <td style="padding-bottom: 2px; width: 36%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif"><b>Position</b></font></td>
    <td style="width: 20%; border-top: #000000 1px solid; text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif"><b>Actual position since</b></font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Sholem Lapidot</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">22/10/1979</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">General Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">2016</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Gil Kotler</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">10/04/1966</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Financial Manager</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">2016</font></td></tr>
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    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Aaron Kaufman</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">03/03/1970</font></td>
    <td style="text-align: center; text-indent: 0px"><font style="font: 13px Times New Roman, Times, Serif">Vice president and General Assessor</font></td>
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<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory', window );">Schedule of balances with related parties</a></td>
<td class="text"><p style="margin: 0pt"></p>

<p style="text-align: justify; text-indent: 48px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">The
following is a summary presentation of the balances with related parties as of June 30, 2018 and 2017:</font></p>

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    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2018</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2017</b></font></p></td></tr>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
    and other receivables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;748&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,434&#160;</font></td></tr>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Investments
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;343&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;324&#160;</font></td></tr>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Trade
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(191)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(172)</font></td></tr>
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(10</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(11</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td></tr>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total</b></font></td>
    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;890</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td>
    <td style="border-bottom: #000000 4px double"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 4px double">&#160;1,575</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 4px">&#160;</font></b></td></tr>
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<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

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    <td style="width: 24%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Related
    company</b></font></td>
    <td style="width: 16%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2018</b></font></p></td>
    <td style="width: 16%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></p>
        <p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2017</b></font></p></td>
    <td style="width: 22%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Description
    of transaction</b></font></td>
    <td style="width: 22%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Item</b></font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Manibil
    S.A.</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1&#160;</font></td>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;(1</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;208&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Trade
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(1)
&#160;Includes CAMSA. Avenida compras and Avenida Inc., Estudio Zang, Bergel &#38; Vi&#241;es, Austral Gold, Fundaci&#243;n IRSA,
Hamonet S.A., Museo de los Ni&#241;os.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ScheduleOfResultsWithRelatedPartiesExplanatory', window );">Schedule of results with related parties</a></td>
<td class="text"><p style="text-align: justify; text-indent: 48px; margin-right: 2px; margin-left: 0; font: 13px Times New Roman, Times, Serif; color: #000000"><font style="font: 10pt Times New Roman, Times, Serif">The
following is a summary of the results with related parties for the years ended June 30, 2018 and 2017:</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 29%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Related
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    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2017</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2016</b></font></p></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;16</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;117</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(8)</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Financial
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;16&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;3&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Leases
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Fees
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Corporate
    services</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;4</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;3</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(177)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;(121)</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">&#160;Corporate
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: rgb(255,255,255)">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;151</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;62</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;74</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;56</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;(116</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;31</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;(113</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
    <td style="border-bottom: #000000 2px dashed"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px dashed">&#160;(146</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">)</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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</table>
<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 12px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="text-align: left; text-indent: 0px; margin-right: 0; margin-left: 12px; font: 13px Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">(1)
It includes Isaac Elsztain e Hijos, CAMSA. Hamonet S.A., Ramat Hanassi, Estudio Zang, Bergel &#38; Vi&#241;es, and Fundaci&#243;n
IRSA.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory', window );">Schedule of transactions with related parties</a></td>
<td class="text"><p style="text-align: justify; text-indent: 48px; margin-right: 2px; margin-left: 0; font: 13px Times New Roman, Times, Serif; color: #000000"><font style="font: 10pt Times New Roman, Times, Serif">The
following is a summary of the transactions with related parties for the years ended June 30, 2018 and 2017:</font></p>

<table cellspacing="0" cellpadding="0" style="font-family: inherit; margin-left: 0px; margin-right: 0px; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 36%; text-align: center; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Related
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    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2018</b></font></p></td>
    <td style="width: 15%"><p><font style="font: 10pt Times New Roman, Times, Serif"><b>June 30, 2017</b></font></p></td>
    <td style="width: 34%; text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Description
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
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<tr style="background-color: #cceeff; vertical-align: bottom">
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<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Manibil</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;19&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
    received</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Ramat
    Hanassi</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;20&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
    received</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">PBEL</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
    received</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">EMCO</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;91&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;101&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
    received</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Aviareps</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;36&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
    received</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Tourism
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    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;25&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
    received</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Condor</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;55&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;22&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
    received</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Banco
    Hipotecario</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;60&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
    received</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Cresud</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;882&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
    paid</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Helmir</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;5</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;-</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Dividends
    paid</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total
    distribution</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;1,206</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;250</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Manibil</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;45&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;38&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Irrevocable
    contributions</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Puerto
    Retiro</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;2&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Irrevocable
    contributions</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Avenida
    Inc.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Irrevocable
    contributions</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Ramat
    Hanassi</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;9&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;102&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Irrevocable
    contributions</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">PBS-Romania</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;7&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Irrevocable
    contributions</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Secdo
    / SixGill</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;34&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Irrevocable
    contributions</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">PBEL</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;8&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Irrevocable
    contributions</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Secured
    Touch</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;5&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Irrevocable
    contributions</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Open
    Legacy</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;17&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Irrevocable
    contributions</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Quality</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;39</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;3</font><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Irrevocable
    contributions</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total
    subsidiaries contributions</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;156</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;160</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: #ffffff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">IFISA
    (see Note 4.)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;1,968&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom">&#160;&#160;-&#160;</font></td>
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000">Acquisition
    of non-controlling interest</font></td></tr>
<tr style="background-color: #cceeff; vertical-align: bottom">
    <td style="text-align: left; text-indent: 0px"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000"><b>Total
    other transactions</b></font></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;2,124</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td style="border-bottom: #000000 2px solid"><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px"><b>&#160;</b></font><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; border-bottom: #000000 2px solid">&#160;160</font></b><b><font style="font: 10pt Times New Roman, Times, Serif; color: #000000; vertical-align: bottom; padding-bottom: 2px">&#160;</font></b></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
</table>
<p style="text-align: justify; text-indent: 0px; margin-right: 0; margin-left: 0; font: 13px Times New Roman, Times, Serif"></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of transactions between the entity and its related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=24&amp;date=2018-03-01&amp;anchor=para_18&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory</td>
</tr>
<tr>
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<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RelatedPartyTransactionsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RelatedPartyTransactionsAbstract</td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about balances with related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DisclosureOfBalancesWithRelatedPartiesExplanatory</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisclosureOfSeniorManagementRemunerationExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about senior management remuneration.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DisclosureOfSeniorManagementRemunerationExplanatory</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for results with related parties explanatory.</p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852328224">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Foreign currency assets and liabilities (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">42</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.750</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1,202</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">35</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">572</font></td></tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">179</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">18.848</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">172</font></td></tr>
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    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Receivables
    with related parties:</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">51</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.850</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1,466</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">52</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.630</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">855</font></td></tr>
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    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    trade and other receivables</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,847</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,599</b></font></td></tr>
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    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Restricted
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.750</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.530</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">41</font></td></tr>
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    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Restricted assets</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;-
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>41</b></font></td></tr>
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    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments
    in financial assets</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">125</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.750</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">3,592</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">61</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.530</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">1,014</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">Pounds</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">37.904</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">39</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">21.486</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">18</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments
    with related parties:</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">12</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.850</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">343</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">20</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.630</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">324</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    investments in financial assets</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,974</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,356</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Derivative
    financial instruments</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.750</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.530</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Derivative
    financial instruments with related parties:</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.850</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.630</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">26</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Derivative financial instruments</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>32</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>36</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
    and cash equivalents</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">269</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.750</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">7,734</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">318</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.530</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">5,250</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">Euros</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">2</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">33.540</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">66</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">18.848</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">49</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">New
    Israel Shekel</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">7.890</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">4.770</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Cash and cash equivalents</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,800</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,300</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Assets</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>14,653</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>8,332</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
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<tr>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.850</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">25</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">1</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">16.630</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">21</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Trade and other payables</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,120</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>995</b></font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-left: black 2.25pt double; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">US
    Dollar</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">868</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">28.850</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>25,029</b></font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>18,683</b></font></td></tr>
<tr>
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    Liabilities</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>28,149</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-right: black 2.25pt double"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,678</b></font></td></tr>
</table>
<p style="font: 10pt/14pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(1)&#160;&#160;
Stated in millions of units in foreign currency. Considering foreign currencies those that differ from each Group&#8217;s functional
currency at each year-end.</font></p>

<p style="font: 10pt/10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(2)&#160;&#160;
Exchange rate as of June 30, of each year according to Banco Naci&#243;n Argentina records.</font></p>

<p style="font: 10pt/10pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0in"><font style="font: 10pt Times New Roman, Times, Serif">(3)&#160;&#160;
The Group uses derivative instruments as complement in order to reduce its exposure to exchange rate movements (see Note 13).</font></p><span></span>
</td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6888413280">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Groups of assets and liabilities held for sale (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
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<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows the main assets and liabilities classified as held for sale:</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 65%; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 3%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 16%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">2,698</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,712</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Intangible
    assets </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">32</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">19</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in associates </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">47</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">33</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax assets </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">103</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">57</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Investment
    properties</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">521</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">5</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Income
    tax credits </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other receivables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,444</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">688</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">347</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">157</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    group of assets held for sale</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,192</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,681</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    and other payables </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,957</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">930</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Salaries
    and social security liabilities </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
    </font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">148</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Employee
    benefits </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">150</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">52</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    income tax liability </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">16</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    </font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">1,120</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">715</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    group of liabilities held for sale</b></font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,243</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,855</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    net assets held for sale</b></font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,949</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 2.25pt double; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>826</b></font></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular information about main assets and liabilities classified as held for sale.</p></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6851744512">
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Results from discontinued operations (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<td class="text"><p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
results of Shufersal, Israir and IDB Tourism operations, the share of profit of Adama and the finance costs associated to its
non-recourse loan, until Adama&#8217;s sale, and the results from sale of the investment in Adama and Shufersal have been reclassified
in the Statements of Income under discontinued operations.</font></p>

<p style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<tr>
    <td style="padding-left: 5.4pt; width: 60%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 12%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2018</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 12%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
    30, 2017</b></font></td>
    <td style="padding-left: 5.4pt; width: 2%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: center; line-height: 115%; padding-left: 5.4pt; width: 12%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>June
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">66,740</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">19,759</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Costs
    </font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">(50,087)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">(39,282)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">(15,073)</font></td></tr>
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,653</b></font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,296</b></font></td>
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<tr>
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<tr>
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<tr>
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<tr>
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<tr>
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<tr>
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<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,158</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>798</b></font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">94</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">148</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(675)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(367)</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">(111)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-
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<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">(1,925)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top: black 1pt solid"><font style="font: 10pt Times New Roman, Times, Serif">41</font></td></tr>
<tr>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,849</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,233</b></font></td>
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    <td style="border-bottom: black 1pt solid; text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>839</b></font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Income
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">(370)</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
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<tr>
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<tr style="vertical-align: bottom">
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">9,725</font></td>
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<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">479</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">16.91</font></td>
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">2.86</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">0.59</font></td></tr>
<tr>
    <td style="line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">Diluted
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    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">16.80</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">2.84</font></td>
    <td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; line-height: 115%; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">0.58</font></td></tr>
</table>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">(i)
Includes the result of the loss of control of Shufersal (see note 4.G) as of June 30, 2018 and the sale of Adama, which generated
a profit of Ps. 4,216 in the year ended June 30, 2017.</font></p>

<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.45pt; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">(ii)
As of June 30, 2018, 2017 and 2016, Ps. 60,470, Ps. 47,168 and Ps 18,607 of the total revenues from discontinued operations and
Ps 12,377, Ps. 1,075 and Ps. 373 of the total profit from discontinued operations corresponds to Shufersal.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the analysis of the single amount of discontinued operations. [Refer: Discontinued operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ResultsFromDiscontinuedOperationsAbstract</td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6889038576">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Summary of significant accounting policies (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
<th class="th"><div>Jun. 30, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingProperties', window );">Trading properties</a></td>
<td class="nump">$ 6,018<span></span>
</td>
<td class="nump">$ 4,532<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investments in associates and joint ventures</a></td>
<td class="nump">24,650<span></span>
</td>
<td class="nump">7,885<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NonCurrentDeferredIncomeTaxAssets', window );">Deferred income tax assets</a></td>
<td class="nump">380<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivables', window );">Trade and other receivables</a></td>
<td class="nump">8,142<span></span>
</td>
<td class="nump">4,974<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">239,755<span></span>
</td>
<td class="nump">165,750<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherPropertyPlantAndEquipment', window );">Trading properties</a></td>
<td class="nump">3,232<span></span>
</td>
<td class="nump">1,249<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Trade and other receivables</a></td>
<td class="nump">14,947<span></span>
</td>
<td class="nump">17,264<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">96,018<span></span>
</td>
<td class="nump">65,492<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="nump">335,773<span></span>
</td>
<td class="nump">231,242<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Shareholders' equity attributable to equity holders of the parent</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetainedEarnings', window );">Retained earnings</a></td>
<td class="nump">37,421<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="nump">37,120<span></span>
</td>
<td class="nump">21,472<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">TOTAL SHAREHOLDERS' EQUITY</a></td>
<td class="nump">74,541<span></span>
</td>
<td class="nump">47,336<span></span>
</td>
<td class="nump">$ 35,856<span></span>
</td>
<td class="nump">$ 12,980<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayables', window );">Trade and other payables</a></td>
<td class="nump">3,484<span></span>
</td>
<td class="nump">3,040<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Borrowings</a></td>
<td class="nump">181,046<span></span>
</td>
<td class="nump">109,489<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NonCurrentDeferredIncomeTaxLiabilities', window );">Deferred income tax liabilities</a></td>
<td class="nump">26,197<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="nump">214,476<span></span>
</td>
<td class="nump">137,472<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade and other payables</a></td>
<td class="nump">14,617<span></span>
</td>
<td class="nump">20,839<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShorttermBorrowings1', window );">Borrowings</a></td>
<td class="nump">25,587<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CurrentTaxLiabilitiesCurrent1', window );">Income tax and MPIT liabilities</a></td>
<td class="nump">522<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">46,756<span></span>
</td>
<td class="nump">46,434<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">TOTAL LIABILITIES</a></td>
<td class="nump">261,232<span></span>
</td>
<td class="nump">183,906<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES</a></td>
<td class="nump">335,773<span></span>
</td>
<td class="nump">$ 231,242<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis=ifrs-full_IncreaseDecreaseDueToApplicationOfIFRS15Member', window );">IFRS 15 Impact [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingProperties', window );">Trading properties</a></td>
<td class="num">(3,338)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investments in associates and joint ventures</a></td>
<td class="nump">24<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NonCurrentDeferredIncomeTaxAssets', window );">Deferred income tax assets</a></td>
<td class="num">(95)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivables', window );">Trade and other receivables</a></td>
<td class="nump">497<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="num">(2,912)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherPropertyPlantAndEquipment', window );">Trading properties</a></td>
<td class="num">(734)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Trade and other receivables</a></td>
<td class="nump">292<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="num">(442)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="num">(3,354)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Shareholders' equity attributable to equity holders of the parent</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetainedEarnings', window );">Retained earnings</a></td>
<td class="nump">127<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="nump">126<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">TOTAL SHAREHOLDERS' EQUITY</a></td>
<td class="nump">253<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayables', window );">Trade and other payables</a></td>
<td class="num">(1,647)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Borrowings</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NonCurrentDeferredIncomeTaxLiabilities', window );">Deferred income tax liabilities</a></td>
<td class="num">(43)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="num">(1,690)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade and other payables</a></td>
<td class="num">(1,925)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShorttermBorrowings1', window );">Borrowings</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CurrentTaxLiabilitiesCurrent1', window );">Income tax and MPIT liabilities</a></td>
<td class="nump">8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="num">(1,917)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">TOTAL LIABILITIES</a></td>
<td class="num">(3,607)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES</a></td>
<td class="num">(3,354)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis=irsa_IncreaseDecreaseDueToApplicationOfIFRS9Member', window );">IFRS 9 Impact [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingProperties', window );">Trading properties</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investments in associates and joint ventures</a></td>
<td class="num">(19)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NonCurrentDeferredIncomeTaxAssets', window );">Deferred income tax assets</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivables', window );">Trade and other receivables</a></td>
<td class="num">(63)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="num">(82)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherPropertyPlantAndEquipment', window );">Trading properties</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Trade and other receivables</a></td>
<td class="num">(32)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="num">(32)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="num">(114)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Shareholders' equity attributable to equity holders of the parent</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetainedEarnings', window );">Retained earnings</a></td>
<td class="num">(453)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="num">(473)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">TOTAL SHAREHOLDERS' EQUITY</a></td>
<td class="num">(926)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayables', window );">Trade and other payables</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Borrowings</a></td>
<td class="nump">1,025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NonCurrentDeferredIncomeTaxLiabilities', window );">Deferred income tax liabilities</a></td>
<td class="num">(268)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="nump">757<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade and other payables</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShorttermBorrowings1', window );">Borrowings</a></td>
<td class="nump">55<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CurrentTaxLiabilitiesCurrent1', window );">Income tax and MPIT liabilities</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">55<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">TOTAL LIABILITIES</a></td>
<td class="nump">812<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES</a></td>
<td class="num">(114)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis=ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsMember', window );">Adjusted Statement Of Financial Position [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Non-current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingProperties', window );">Trading properties</a></td>
<td class="nump">2,680<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investments in associates and joint ventures</a></td>
<td class="nump">24,655<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NonCurrentDeferredIncomeTaxAssets', window );">Deferred income tax assets</a></td>
<td class="nump">285<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivables', window );">Trade and other receivables</a></td>
<td class="nump">8,576<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">236,761<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherPropertyPlantAndEquipment', window );">Trading properties</a></td>
<td class="nump">2,498<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Trade and other receivables</a></td>
<td class="nump">15,207<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">95,544<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="nump">332,305<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Shareholders' equity attributable to equity holders of the parent</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetainedEarnings', window );">Retained earnings</a></td>
<td class="nump">37,095<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="nump">36,773<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">TOTAL SHAREHOLDERS' EQUITY</a></td>
<td class="nump">73,868<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Non-current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayables', window );">Trade and other payables</a></td>
<td class="nump">1,837<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Borrowings</a></td>
<td class="nump">182,071<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NonCurrentDeferredIncomeTaxLiabilities', window );">Deferred income tax liabilities</a></td>
<td class="nump">25,886<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="nump">213,543<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Trade and other payables</a></td>
<td class="nump">12,692<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShorttermBorrowings1', window );">Borrowings</a></td>
<td class="nump">25,642<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CurrentTaxLiabilitiesCurrent1', window );">Income tax and MPIT liabilities</a></td>
<td class="nump">530<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">44,894<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">TOTAL LIABILITIES</a></td>
<td class="nump">258,437<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES</a></td>
<td class="nump">$ 332,305<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of resources: (a) controlled by the entity as a result of past events; and (b) from which future economic benefits are expected to flow to the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of present obligations of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 12<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_12_f&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph q<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_q&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 10<br> -IssueDate 2018-01-01<br> -Paragraph 22<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=10&amp;date=2018-03-01&amp;anchor=para_22&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade payables and non-current other payables. [Refer: Other non-current payables; Non-current trade payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade receivables and non-current other receivables. [Refer: Non-current trade receivables; Other non-current receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of property, plant and equipment that the entity does not separately disclose in the same statement or note. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 37<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_37&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RetainedEarnings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the entity's cumulative undistributed earnings or deficit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph IG6<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_IG6&amp;doctype=Implementation%20Guidance<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RetainedEarnings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade payables and current other payables. [Refer: Current trade payables; Other current payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables and current other receivables. [Refer: Current trade receivables; Other current receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CurrentTaxLiabilitiesCurrent1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of current tax liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CurrentTaxLiabilitiesCurrent1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NonCurrentDeferredIncomeTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non current deferred income tax assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NonCurrentDeferredIncomeTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NonCurrentDeferredIncomeTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred income tax liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NonCurrentDeferredIncomeTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ShorttermBorrowings1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ShorttermBorrowings1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradingProperties">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of property for Trading in Properties.&amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;#160;</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6895424544">
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<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Summary of significant accounting policies (Details 1)<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | IRSA Propiedades Comerciales S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">Real estate<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">86.34%<span></span>
</td>
<td class="nump">94.61%<span></span>
</td>
<td class="nump">94.61%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | E-Commerce Latina S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | Efanur S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Uruguay<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | Hoteles Argentinos S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Hotel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">80.00%<span></span>
</td>
<td class="nump">80.00%<span></span>
</td>
<td class="nump">80.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | Inversora Bolivar S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | Llao Llao Resorts S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Hotel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | Nuevas Fronteras S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Hotel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">76.34%<span></span>
</td>
<td class="nump">76.34%<span></span>
</td>
<td class="nump">76.34%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | Palermo Invest S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | Ritelco S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Uruguay<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | Tyrus S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Uruguay<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember', window );">IRSA's Direct Interest [Member] | U.T. IRSA And Galerias Pacifico [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember', window );">IRSA CP's Direct Interest [Member] | Arcos del Gourmet S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Real estate<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">90.00%<span></span>
</td>
<td class="nump">90.00%<span></span>
</td>
<td class="nump">90.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember', window );">IRSA CP's Direct Interest [Member] | Emprendimiento Recoleta S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Real estate<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">53.68%<span></span>
</td>
<td class="nump">53.68%<span></span>
</td>
<td class="nump">53.68%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember', window );">IRSA CP's Direct Interest [Member] | Fibesa S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">Real estate<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember', window );">IRSA CP's Direct Interest [Member] | Panamerican Mall S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Real estate<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">80.00%<span></span>
</td>
<td class="nump">80.00%<span></span>
</td>
<td class="nump">80.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember', window );">IRSA CP's Direct Interest [Member] | Shopping Neuquen S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Real estate<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.92%<span></span>
</td>
<td class="nump">99.92%<span></span>
</td>
<td class="nump">99.14%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember', window );">IRSA CP's Direct Interest [Member] | Torodur S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Uruguay<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember', window );">IRSA CP's Direct Interest [Member] | Entertainment Holdings S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">70.00%<span></span>
</td>
<td class="nump">70.00%<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember', window );">IRSA CP's Direct Interest [Member] | Centro De Entretenimiento La Plata [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">Argentina<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">Real estate<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member', window );">Tyrus S.A.'s Direct Interest [Member] | Dolphin Fund Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Bermudas<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">91.57%<span></span>
</td>
<td class="nump">91.57%<span></span>
</td>
<td class="nump">91.57%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member', window );">Tyrus S.A.'s Direct Interest [Member] | I Madison LLC [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">USA<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member', window );">Tyrus S.A.'s Direct Interest [Member] | IRSA Development LP [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">USA<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member', window );">Tyrus S.A.'s Direct Interest [Member] | IRSA International LLC [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">USA<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member', window );">Tyrus S.A.'s Direct Interest [Member] | Jiwin S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Uruguay<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member', window );">Tyrus S.A.'s Direct Interest [Member] | Liveck S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Uruguay<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member', window );">Tyrus S.A.'s Direct Interest [Member] | Real Estate Investment Group IV LP (REIG IV) [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Bermudas<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member', window );">Tyrus S.A.'s Direct Interest [Member] | Real Estate Investment Group V LP (REIG V) [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Bermudas<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity1Member', window );">Tyrus S.A.'s Direct Interest [Member] | Real Estate Strategies LLC [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">USA<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity2Member', window );">Efanur S.A.'s Direct Interest [Member] | Real Estate Investment Group VII LP (REIG VII) [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Bermudas<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member', window );">DFL's Direct Interest [Member] | IDB Development Corporation Ltd [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">68.28%<span></span>
</td>
<td class="nump">68.28%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity3Member', window );">DFL's Direct Interest [Member] | Dolphin IL Investment Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity4Member', window );">DIL's Direct Interest [Member] | Discount Investment Corporation Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">76.57%<span></span>
</td>
<td class="nump">77.25%<span></span>
</td>
<td class="nump">76.43%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member', window );">IDBD's Direct Interest [Member] | IDB Tourism (2009) Ltd [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Tourism services<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity5Member', window );">IDBD's Direct Interest [Member] | IDB Group Investment Inc. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member', window );">DIC's Direct Interest [Member] | Property And Building Corporation Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Real estate<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">64.40%<span></span>
</td>
<td class="nump">64.40%<span></span>
</td>
<td class="nump">76.45%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member', window );">DIC's Direct Interest [Member] | Shufersal Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">Retail<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">54.19%<span></span>
</td>
<td class="nump">52.95%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member', window );">DIC's Direct Interest [Member] | Cellcom Israel Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="text">Telecommunications<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="nump">43.14%<span></span>
</td>
<td class="nump">42.26%<span></span>
</td>
<td class="nump">41.77%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member', window );">DIC's Direct Interest [Member] | Elron Electronic Industries Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">50.30%<span></span>
</td>
<td class="nump">50.30%<span></span>
</td>
<td class="nump">50.30%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member', window );">DIC's Direct Interest [Member] | Bartan Holdings and Investments Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">55.68%<span></span>
</td>
<td class="nump">55.68%<span></span>
</td>
<td class="nump">55.68%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedSubsidiariesAxis=irsa_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntity6Member', window );">DIC's Direct Interest [Member] | Epsilon Investment House Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate', window );">Country</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Israel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociate', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">% of ownership interest held by the Group</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">68.75%<span></span>
</td>
<td class="nump">68.75%<span></span>
</td>
<td class="nump">68.75%<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes interest held through E-Commerce Latina S.A. and Tyrus S.A..</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">The Group has consolidated the investment in Llao Llao Resorts S.A. and UT IRSA and Galerias Pacifico considering its equity interest and a shareholder agreement that confers it majority of votes in the decision making process.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Corresponds to acquisitions and constitutions of new entities considered not material as a whole.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Includes interest held through Ritelco S.A. and Torodur S.A..</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">Includes Tyrus's equity interest. Until the present financial year, the participation was through Tyrus S.A. and IDBD.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[6]</td>
<td style="vertical-align: top;" valign="top">Control was lost in June 30, 2018. See Note 4.G.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[7]</td>
<td style="vertical-align: top;" valign="top">DIC considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-a-vis other shareholders, with a stake of 46.16%, also taking into account the historic voting performance in the Shareholders' Meetings, as well as the evaluation of the holdings of the remaining shareholders, which are highly atomized.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CountryOfIncorporationOrResidenceOfAssociate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The country in which an associate of the entity is incorporated. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_16_b_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_17_b_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_21_a_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CountryOfIncorporationOrResidenceOfAssociate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInAssociate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in an associate attributable to the entity. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_21_a_iv&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInAssociate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_MainActivityOfAssociate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the main activity associate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_MainActivityOfAssociate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesThatInvestmentEntityControlsDirectlyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_IRSAPropiedadesComercialesSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_IRSAPropiedadesComercialesSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ECommerceLatinaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ECommerceLatinaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_EfanurSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_EfanurSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_HotelesArgentinosSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_HotelesArgentinosSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_InversoraBolivarSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_InversoraBolivarSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_LlaoLlaoResortsSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_LlaoLlaoResortsSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_NuevasFronterasSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_NuevasFronterasSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_PalermoInvestSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_PalermoInvestSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_RitelcoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_RitelcoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_TyrusSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_TyrusSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_UTIRSAAndGaleriasPacificoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_UTIRSAAndGaleriasPacificoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnconsolidatedSubsidiariesAxis=ifrs-full_UnconsolidatedSubsidiariesControlledBySubsidiariesOfInvestmentEntityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ArcosdelGourmetSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ArcosdelGourmetSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_EmprendimientoRecoletaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_EmprendimientoRecoletaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_FibesaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_FibesaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
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<td><strong> Period Type:</strong></td>
<td></td>
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<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_PanamericanMallSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ShoppingNeuquenSAMember</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
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<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_TorodurSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
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<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_IMadisonLLCMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_IRSADevelopmentLPMember">
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<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_IRSADevelopmentLPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_IRSAInternationalLLCMember</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_JiwinSAMember">
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<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_JiwinSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_LiveckSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_RealEstateStrategiesLLCMember">
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</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
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</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
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<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<tr>
<td><strong> Name:</strong></td>
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<DOCUMENT>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Summary of significant accounting policies (Details 2)<br></strong></div></th>
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</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The useful lives or depreciation rates used for property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 73<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_73_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_CommunicationAndNetworkEquipmentMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Name:</strong></td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6867528960">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Acquisitions and disposals (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract', window );"><strong>Fair value of identifiable assets and assumed liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate', window );">Properties, plant and equipment</a></td>
<td class="num">$ (28,801)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,712<span></span>
</td>
<td class="nump">$ 15,104<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InventoryRecognisedAsOfAcquisitionDate', window );">Inventories</a></td>
<td class="num">(5,896)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,919<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate', window );">Cash and cash equivalents</a></td>
<td class="num">(5,554)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">150<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate', window );">Borrowings</a></td>
<td class="num">(21,050)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">660<span></span>
</td>
<td class="nump">60,306<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate', window );">Trade and other payables</a></td>
<td class="num">(22,933)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">917<span></span>
</td>
<td class="nump">19,749<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProvisionsAsOfAcquisitionDate', window );">Provisions</a></td>
<td class="num">$ (432)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (2)<span></span>
</td>
<td class="nump">$ 969<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=irsa_NewPharmDrugstoresLtdMember', window );">New Pharm Drugstores Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract', window );"><strong>Fair value of identifiable assets and assumed liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate', window );">Properties, plant and equipment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InventoryRecognisedAsOfAcquisitionDate', window );">Inventories</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">380<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FairValueOfAcquiredReceivables', window );">Trade and other receivables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">335<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate', window );">Cash and cash equivalents</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate', window );">Borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(260)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate', window );">Trade and other payables</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(930)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate', window );">Employee benefits</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(25)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProvisionsAsOfAcquisitionDate', window );">Provisions</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(15)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed', window );">Total net identifiable assets</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(290)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GoodwillRecognisedAsOfAcquisitionDate', window );">Goodwill (pending allocation)</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">920<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet', window );">Total</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 630<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for borrowings assumed in a business combination. [Refer: Borrowings; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for cash and cash equivalents acquired in a business combination. [Refer: Cash and cash equivalents; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of receivables acquired in a business combination. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph h<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_h_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the business combination's acquisition date for goodwill. [Refer: Goodwill; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph IE72<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_IE72&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GoodwillRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for net identifiable assets acquired or liabilities assumed in a business combination. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph IE72<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_IE72&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InventoryRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for inventory acquired in a business combination. [Refer: Inventories; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph IE72<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_IE72&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InventoryRecognisedAsOfAcquisitionDate</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for plant, property and equipment acquired in a business combination. [Refer: Property, plant and equipment; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph IE72<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_IE72&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for trade and other payables assumed in a business combination. [Refer: Trade and other payables; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about employee benefits recognised as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_EmployeeBenefitsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of identifiable assets acquired</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IdentifiableAssetsAcquiredLiabilitiesAssumedNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProvisionsAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for liabilities of uncertain timing or amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProvisionsAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=irsa_NewPharmDrugstoresLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=irsa_NewPharmDrugstoresLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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<head>
<title></title>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6884618896">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Acquisitions and disposals (Details 1) - Shufersal Ltd. [Member]<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr><th class="th" colspan="2">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBusinessCombinationsLineItems', window );"><strong>Disclosure of detailed information about business combination [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents', window );">Cash received</a></td>
<td class="nump">$ 6,420<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost', window );">Remediation of the fair value of the remaining interest</a></td>
<td class="nump">13,164<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ConsiderationPaidReceived', window );">Total</a></td>
<td class="nump">19,584<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013', window );">Net assets disposed including goodwill</a></td>
<td class="num">(8,501)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesRecognisedWhenControlInSubsidiaryIsLost', window );">Gain from the sale of a subsidiary, net of taxes</a></td>
<td class="nump">$ 11,083<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Ps. 2,643 as a result of the sale and Ps. 8,440 as a result of the remeasurement at the fair value of the new stake.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets, other than cash or cash equivalents, in subsidiaries or other businesses over which control is obtained or lost. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 40<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_40_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed2013</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ConsiderationPaidReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of consideration paid or received in respect of both obtaining and losing control of subsidiaries or other businesses. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 40<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_40_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ConsiderationPaidReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfBusinessCombinationsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfBusinessCombinationsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesRecognisedWhenControlInSubsidiaryIsLost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in association with the loss of control over a subsidiary, which are attributable to the former controlling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 19<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_19&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesRecognisedWhenControlInSubsidiaryIsLost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of consideration paid or received, consisting of cash and cash equivalents, in respect of both obtaining and losing control of subsidiaries or other businesses. [Refer: Subsidiaries [member]; Cash and cash equivalents; Consideration paid (received)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 40<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_40_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PortionOfConsiderationPaidReceivedConsistingOfCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of remediation of fair value of remaining interest when control in subsidiary is lost.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RemediationOfFairValueOfRemainingInterestWhenControlInSubsidiaryIsLost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=irsa_ShufersalLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=irsa_ShufersalLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<head>
<title></title>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6869847952">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Acquisitions and disposals (Details 2) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract', window );"><strong>Fair value of identifiable assets and assumed liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertyAsOfAcquisitionDate', window );">Investment properties</a></td>
<td class="num">$ (4,382)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 29,586<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate', window );">Property, plant and equipment</a></td>
<td class="num">(28,801)<span></span>
</td>
<td class="nump">1,712<span></span>
</td>
<td class="nump">15,104<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate', window );">Intangible assets</a></td>
<td class="num">(6,188)<span></span>
</td>
<td class="nump">19<span></span>
</td>
<td class="nump">6,603<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate', window );">Investments in associates and joint ventures</a></td>
<td class="num">(365)<span></span>
</td>
<td class="num">(74)<span></span>
</td>
<td class="nump">9,268<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate', window );">Restricted assets</a></td>
<td class="num">(91)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate', window );">Investments in financial assets</a></td>
<td class="num">(2,846)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">5,824<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InventoryRecognisedAsOfAcquisitionDate', window );">Inventories</a></td>
<td class="num">(5,896)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,919<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate', window );">Cash and cash equivalents</a></td>
<td class="num">(5,554)<span></span>
</td>
<td class="nump">150<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate', window );">Borrowings</a></td>
<td class="nump">21,050<span></span>
</td>
<td class="num">(660)<span></span>
</td>
<td class="num">(60,306)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate', window );">Trade and other payables</a></td>
<td class="nump">22,933<span></span>
</td>
<td class="num">(917)<span></span>
</td>
<td class="num">(19,749)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProvisionsAsOfAcquisitionDate', window );">Provisions</a></td>
<td class="nump">432<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="num">(969)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_EmployeeBenefitsAsOfAcquisitionDate', window );">Employee benefits</a></td>
<td class="nump">1,254<span></span>
</td>
<td class="num">(47)<span></span>
</td>
<td class="num">(405)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate', window );">Non-controlling interest</a></td>
<td class="nump">7,329<span></span>
</td>
<td class="nump">$ 40<span></span>
</td>
<td class="num">$ (8,630)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BusinessCombinationsAxis=irsa_ShufersalLtdMember', window );">Shufersal Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract', window );"><strong>Fair value of identifiable assets and assumed liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertyAsOfAcquisitionDate', window );">Investment properties</a></td>
<td class="nump">4,489<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate', window );">Property, plant and equipment</a></td>
<td class="nump">29,001<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate', window );">Intangible assets</a></td>
<td class="nump">7,108<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate', window );">Investments in associates and joint ventures</a></td>
<td class="nump">401<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate', window );">Restricted assets</a></td>
<td class="nump">91<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FairValueOfAcquiredReceivables', window );">Trade and other receivables</a></td>
<td class="nump">12,240<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate', window );">Investments in financial assets</a></td>
<td class="nump">2,846<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate', window );">Derivative financial instruments</a></td>
<td class="nump">23<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InventoryRecognisedAsOfAcquisitionDate', window );">Inventories</a></td>
<td class="nump">6,276<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate', window );">Cash and cash equivalents</a></td>
<td class="nump">5,579<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IdentifiableAssetsAcquired', window );">TOTAL ASSETS</a></td>
<td class="nump">68,054<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate', window );">Borrowings</a></td>
<td class="nump">21,310<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate', window );">Deferred income tax liabilities</a></td>
<td class="nump">2,808<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate', window );">Trade and other payables</a></td>
<td class="nump">23,974<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProvisionsAsOfAcquisitionDate', window );">Provisions</a></td>
<td class="nump">447<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_EmployeeBenefitsAsOfAcquisitionDate', window );">Employee benefits</a></td>
<td class="nump">1,279<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate', window );">Salaries and social security liabilities</a></td>
<td class="nump">2,392<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxLiabilitesAsOfAcquisitionDate', window );">Income tax and MPIT liabilities</a></td>
<td class="nump">8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LiabilitiesAssumed', window );">TOTAL LIABILITIES</a></td>
<td class="nump">52,218<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate', window );">Non-controlling interest</a></td>
<td class="nump">7,335<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed', window );">Net assets disposed including goodwill</a></td>
<td class="nump">$ 8,501<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmountsRecognisedAsOfAcquisitionDateForEachMajorClassOfAssetsAcquiredAndLiabilitiesAssumedAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for borrowings assumed in a business combination. [Refer: Borrowings; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for cash and cash equivalents acquired in a business combination. [Refer: Cash and cash equivalents; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for deferred tax liabilities assumed in a business combination. [Refer: Deferred tax liabilities; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilitiesRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FairValueOfAcquiredReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of receivables acquired in a business combination. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph h<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_h_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FairValueOfAcquiredReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for identifiable intangible assets acquired in a business combination. [Refer: Intangible assets other than goodwill; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph IE72<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_IE72&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InventoryRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for inventory acquired in a business combination. [Refer: Inventories; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph IE72<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_IE72&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InventoryRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-controlling interest in the acquiree recognised at the acquisition date for business combinations in which the acquirer holds less than 100 per cent of the equity interests in the acquiree at the acquisition date. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph o<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_o_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for plant, property and equipment acquired in a business combination. [Refer: Property, plant and equipment; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph IE72<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_IE72&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for trade and other payables assumed in a business combination. [Refer: Trade and other payables; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of assets other than cash or cash equivalents in subsidiary or businesses acquired or disposed.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AssetsOtherThanCashOrCashEquivalentsInSubsidiaryOrBusinessesAcquiredOrDisposed</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of derivative financial instruments as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DerivativeFinancialInstrumentsAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_EmployeeBenefitsAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of employee benefits as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_EmployeeBenefitsAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IdentifiableAssetsAcquired">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of identifiable assets acquired.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IdentifiableAssetsAcquired</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxLiabilitesAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of income tax liabilites as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxLiabilitesAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of investment in financial assets recognised as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentPropertyAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of investment property as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentPropertyAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of investments in subsidiaries joint ventures and associates as of a cquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LiabilitiesAssumed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of liabilities assumed.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LiabilitiesAssumed</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProvisionsAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for liabilities of uncertain timing or amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProvisionsAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about restricted assets recogniseda as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about salaries and social security liabilities acquisition dates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SalariesAndSocialSecurityLiabilitiesAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BusinessCombinationsAxis=irsa_ShufersalLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BusinessCombinationsAxis=irsa_ShufersalLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6867326800">
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<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Financial risk management and fair value estimates (Details) - Market Risk [Member]<br> $ in Millions, $ in Millions, $ in Millions</strong></div></th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>UYU ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>UYU ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ARS ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetMonetaryPositionLiabilityassetUS', window );">Net monetary position (Liability)/Asset US</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (13,692)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (11,567)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetMonetaryPositionLiabilityassetNis', window );">Net monetary position (Liability)/Asset NIS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_MarketRiskMember', window );">Argentina, Pesos</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetMonetaryPositionLiabilityassetUS', window );">Net monetary position (Liability)/Asset US</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (13,324)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(11,436)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetMonetaryPositionLiabilityassetNis', window );">Net monetary position (Liability)/Asset NIS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_MarketRiskMember', window );">UYU</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetMonetaryPositionLiabilityassetUS', window );">Net monetary position (Liability)/Asset US</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (368)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (131)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetMonetaryPositionLiabilityassetNis', window );">Net monetary position (Liability)/Asset NIS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_MarketRiskMember', window );">USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetMonetaryPositionLiabilityassetUS', window );">Net monetary position (Liability)/Asset US</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetMonetaryPositionLiabilityassetNis', window );">Net monetary position (Liability)/Asset NIS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetMonetaryPositionLiabilityassetNis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of net monetary position liability asset classified as NIS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetMonetaryPositionLiabilityassetNis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetMonetaryPositionLiabilityassetUS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of net monetary position liability asset classified as US.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetMonetaryPositionLiabilityassetUS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_MarketRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_MarketRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_ARS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_ARS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_UYU">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_UYU</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>84
<FILENAME>R77.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6892915312">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Financial risk management and fair value estimates (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">$ 261,232<span></span>
</td>
<td class="nump">$ 183,906<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">33,607<span></span>
</td>
<td class="nump">10,769<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">1,429<span></span>
</td>
<td class="nump">773<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">32,117<span></span>
</td>
<td class="nump">9,987<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">15<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">46<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Less Than 1 year [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">5,121<span></span>
</td>
<td class="nump">2,415<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Less Than 1 year [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">1,277<span></span>
</td>
<td class="nump">752<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Less Than 1 year [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">3,837<span></span>
</td>
<td class="nump">1,656<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Less Than 1 year [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">7<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Less Than 1 year [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 1 and 2 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">7,920<span></span>
</td>
<td class="nump">538<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 1 and 2 years [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">127<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 1 and 2 years [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">7,787<span></span>
</td>
<td class="nump">529<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 1 and 2 years [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">6<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 1 and 2 years [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 2 and 3 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">7,821<span></span>
</td>
<td class="nump">535<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 2 and 3 years [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">12<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 2 and 3 years [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">7,807<span></span>
</td>
<td class="nump">528<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 2 and 3 years [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">2<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 2 and 3 years [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 3 and 4 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">1,246<span></span>
</td>
<td class="nump">527<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 3 and 4 years [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">10<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 3 and 4 years [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">1,236<span></span>
</td>
<td class="nump">525<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 3 and 4 years [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | Between 3 and 4 years [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | More Than 4 Years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">11,499<span></span>
</td>
<td class="nump">6,754<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | More Than 4 Years [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">3<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | More Than 4 Years [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">11,450<span></span>
</td>
<td class="nump">6,749<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | More Than 4 Years [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Argentina [Member] | More Than 4 Years [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">46<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">238,055<span></span>
</td>
<td class="nump">165,986<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">14,597<span></span>
</td>
<td class="nump">19,126<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">216,475<span></span>
</td>
<td class="nump">143,544<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">16<span></span>
</td>
<td class="nump">25<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">8<span></span>
</td>
<td class="nump">138<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Purchase Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">6,959<span></span>
</td>
<td class="nump">3,153<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Less Than 1 year [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">45,758<span></span>
</td>
<td class="nump">41,790<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Less Than 1 year [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">12,080<span></span>
</td>
<td class="nump">16,850<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Less Than 1 year [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">29,733<span></span>
</td>
<td class="nump">23,733<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Less Than 1 year [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">16<span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Less Than 1 year [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">8<span></span>
</td>
<td class="nump">62<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Less Than 1 year [Member] | Purchase Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">3,921<span></span>
</td>
<td class="nump">1,135<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 1 and 2 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">29,653<span></span>
</td>
<td class="nump">20,889<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 1 and 2 years [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">1,191<span></span>
</td>
<td class="nump">1,584<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 1 and 2 years [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">26,639<span></span>
</td>
<td class="nump">18,084<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 1 and 2 years [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 1 and 2 years [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">76<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 1 and 2 years [Member] | Purchase Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">1,823<span></span>
</td>
<td class="nump">1,140<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 2 and 3 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">24,221<span></span>
</td>
<td class="nump">22,407<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 2 and 3 years [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">1,326<span></span>
</td>
<td class="nump">692<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 2 and 3 years [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">22,256<span></span>
</td>
<td class="nump">20,837<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 2 and 3 years [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 2 and 3 years [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 2 and 3 years [Member] | Purchase Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">639<span></span>
</td>
<td class="nump">873<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 3 and 4 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">24,081<span></span>
</td>
<td class="nump">13,363<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 3 and 4 years [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 3 and 4 years [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">23,734<span></span>
</td>
<td class="nump">13,353<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 3 and 4 years [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 3 and 4 years [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | Between 3 and 4 years [Member] | Purchase Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">347<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | More Than 4 Years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">114,342<span></span>
</td>
<td class="nump">67,537<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | More Than 4 Years [Member] | Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | More Than 4 Years [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">114,113<span></span>
</td>
<td class="nump">67,537<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | More Than 4 Years [Member] | Finance Leases Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | More Than 4 Years [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember', window );">Liquidity Risk [Member] | Operations Center in Israel [Member] | More Than 4 Years [Member] | Purchase Obligations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="nump">$ 229<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of present obligations of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_TradeAndOtherPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_TradeAndOtherPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_BorrowingsExcludingFinanceLeasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_BorrowingsExcludingFinanceLeasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_FinanceLeasesObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_FinanceLeasesObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=irsa_LaterThanOneYearAndNotLaterThanTwoYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=irsa_LaterThanOneYearAndNotLaterThanTwoYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=irsa_LaterThanTwoYearAndNotLaterThanThreeYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=irsa_LaterThanTwoYearAndNotLaterThanThreeYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=irsa_LaterThanThreeYearAndNotLaterThanFourYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=irsa_LaterThanThreeYearAndNotLaterThanFourYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=irsa_LaterThanFourYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=irsa_LaterThanFourYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_PurchaseObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_PurchaseObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>85
<FILENAME>R78.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6870047824">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Financial risk management and fair value estimates (Details 2)<br></strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GearingRatio', window );">Gearing ratio</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">40.83%<span></span>
</td>
<td class="nump">31.66%<span></span>
</td>
<td class="nump">29.91%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DebtRatio', window );">Debt ratio</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">40.58%<span></span>
</td>
<td class="nump">29.13%<span></span>
</td>
<td class="nump">25.27%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GearingRatio', window );">Gearing ratio</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">82.85%<span></span>
</td>
<td class="nump">81.95%<span></span>
</td>
<td class="nump">82.74%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DebtRatio', window );">Debt ratio</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">148.46%<span></span>
</td>
<td class="nump">128.04%<span></span>
</td>
<td class="nump">137.75%<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Calculated as total of borrowings over total borrowings plus equity attributable equity holders of the parent company.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Calculated as total borrowings over total properties (including trading properties, property, plant and equipment, investment properties and rights to receive units under barter agreements).</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DebtRatio">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of debt ratio.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DebtRatio</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GearingRatio">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit loss before financial results and income tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GearingRatio</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>86
<FILENAME>R79.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6892524464">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial risk management and fair value estimates (Details Narrative)<br> $ in Millions, $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="2"></th>
<th class="th" colspan="2"></th>
</tr>
<tr>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2016 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ARS ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Net additional loss before income tax</a></td>
<td class="nump">$ 8,692.0<span></span>
</td>
<td class="nump">$ 3,893.0<span></span>
</td>
<td class="nump">$ 15,586.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="nump">21,295.0<span></span>
</td>
<td class="nump">5,220.0<span></span>
</td>
<td class="nump">10,078.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=irsa_InterestsRateRiskMember', window );">Interest Rate Risk [Member] | ARGENTINA | Floating Interest Rate [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate', window );">Percentage change in interest rates</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1.00%<span></span>
</td>
<td class="nump">1.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=irsa_InterestsRateRiskMember', window );">Interest Rate Risk [Member] | Derivatives [Member] | ARGENTINA</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Financial investment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 300.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Currency Risk [Member] | Fixed Interest Rate [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PercentageOfLongTermBorrowing', window );">Percentage of long term borrowing</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.955<span></span>
</td>
<td class="nump">0.955<span></span>
</td>
<td class="nump">0.955<span></span>
</td>
<td class="nump">0.955<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_OtherPriceRiskMember', window );">Other Price Risk [Member] | Derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Financial investment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 391.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 300.0<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="nump">22,907.0<span></span>
</td>
<td class="nump">6,470.0<span></span>
</td>
<td class="nump">20,204.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Currency Risk [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Net additional loss before income tax</a></td>
<td class="nump">1,369.0<span></span>
</td>
<td class="nump">1,157.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency', window );">Percentage increase in foreign currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Currency Risk [Member] | Derivatives [Member] | Forward Contract [member] | USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Future exchanges contract pending</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 47.3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 12.9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Interest Rate Risk [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Net additional loss before income tax</a></td>
<td class="nump">15.1<span></span>
</td>
<td class="nump">6.6<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Interest Rate Risk [Member] | Derivatives [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate', window );">Percentage change in interest rates</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(10.00%)<span></span>
</td>
<td class="num">(10.00%)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Financial investment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 391.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Credit Risk [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PercentageOfTradeReceivable', window );">Percentage of trade receivable by group</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">91.70%<span></span>
</td>
<td class="nump">91.70%<span></span>
</td>
<td class="nump">89.60%<span></span>
</td>
<td class="nump">89.60%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Other Price Risk [Member] | 10% Decrease In Quoted Proces Of Equity Securities And In Derivative Financial Instruments Portfolio [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Net additional loss before income tax</a></td>
<td class="num">(31.0)<span></span>
</td>
<td class="num">(24.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="nump">6,913.0<span></span>
</td>
<td class="nump">3,329.0<span></span>
</td>
<td class="nump">$ 843.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | Currency Risk [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Net additional loss before income tax</a></td>
<td class="nump">718.0<span></span>
</td>
<td class="num">(438.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency', window );">Percentage increase in foreign currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | Currency Risk [Member] | Derivatives [Member] | Forward Contract [member] | USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValue', window );">Future exchanges contract pending</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (7,180.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (4,376.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | Currency Risk [Member] | Fixed Interest Rate [Member] | IDB Development Corporation Ltd [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PercentageOfLongTermBorrowing', window );">Percentage of long term borrowing</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.961<span></span>
</td>
<td class="nump">0.961<span></span>
</td>
<td class="nump">0.966<span></span>
</td>
<td class="nump">0.966<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | 1% Increase Consumer Price Index [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="num">(721.0)<span></span>
</td>
<td class="num">(427.0)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | 1% Decrease Consumer Price Index [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="nump">706.0<span></span>
</td>
<td class="nump">427.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | Other Price Risk [Member] | 10% Decrease In Quoted Proces Of Equity Securities And In Derivative Financial Instruments Portfolio [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems', window );"><strong>Disclosure of risk management strategy related to hedge accounting [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Net additional loss before income tax</a></td>
<td class="nump">$ 1,225.0<span></span>
</td>
<td class="nump">$ 856.0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial assets. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39L_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=17&amp;date=2018-03-01&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PercentageOfLongTermBorrowing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The reasonably possible percentage of the long term borrowing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PercentageOfLongTermBorrowing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:pureItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The reasonably possible percentage of the increase in foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PercentageOfReasonablyPossibleIncreaseInForeignCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The reasonably possible percentage of the increase in interest rate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PercentageOfReasonablyPossibleIncreaseInInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PercentageOfTradeReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total percentage of trade receivable .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PercentageOfTradeReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=irsa_InterestsRateRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=irsa_InterestsRateRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_AR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_AR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FloatingInterestRateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FloatingInterestRateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=irsa_DerivativesFinancialInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=irsa_DerivativesFinancialInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=ifrs-full_FixedInterestRateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_OtherPriceRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_OtherPriceRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_ForwardContractMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_ForwardContractMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CreditRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CreditRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=irsa_DecreaseInQuotedProcesOfEquitySecuritiesAndInDerivativeFinancialInstrumentsPortfolioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=irsa_DecreaseInQuotedProcesOfEquitySecuritiesAndInDerivativeFinancialInstrumentsPortfolioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_IDBDevelopmentCorporationLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_IDBDevelopmentCorporationLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=irsa_ConsumerPriceIndexRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=irsa_ConsumerPriceIndexRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=irsa_ConsumerPriceIndexRisk1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=irsa_ConsumerPriceIndexRisk1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>87
<FILENAME>R80.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6893899360">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Segment information (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 33,088<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 27,004<span></span>
</td>
<td class="nump">$ 12,916<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,459<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,971<span></span>
</td>
<td class="nump">5,880<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain / (loss) from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(22,605)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,352)<span></span>
</td>
<td class="num">(17,549)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,869)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,219)<span></span>
</td>
<td class="num">(1,639)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,663)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,007)<span></span>
</td>
<td class="num">(1,842)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">582<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(206)<span></span>
</td>
<td class="num">(32)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28,114<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,879<span></span>
</td>
<td class="nump">19,903<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(721)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">109<span></span>
</td>
<td class="nump">508<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,295<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,220<span></span>
</td>
<td class="nump">10,078<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,949<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">826<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeStatementAxis=irsa_ExpensesAndCollectivePromotionFundsMember', window );">Expenses and Collective Promotion Funds [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,726<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,490<span></span>
</td>
<td class="nump">1,194<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,760)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,517)<span></span>
</td>
<td class="num">(1,207)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(34)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain / (loss) from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(34)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(34)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SegmentAssets', window );">Reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReportableLiabilities', window );">Reportable liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Discontinued Operations [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(60,470)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(47,168)<span></span>
</td>
<td class="num">(18,607)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">44,563<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">35,488<span></span>
</td>
<td class="nump">14,063<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(15,907)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11,680)<span></span>
</td>
<td class="num">(4,544)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain / (loss) from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(164)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(113)<span></span>
</td>
<td class="num">(23)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">878<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">624<span></span>
</td>
<td class="nump">200<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">12,749<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,434<span></span>
</td>
<td class="nump">3,862<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">177<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">64<span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(2,267)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,671)<span></span>
</td>
<td class="num">(486)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(20)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(76)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(2,287)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,747)<span></span>
</td>
<td class="num">(486)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SegmentAssets', window );">Reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReportableLiabilities', window );">Reportable liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=ifrs-full_JointVenturesMember', window );">Joint Ventures [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(46)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(41)<span></span>
</td>
<td class="num">(29)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">29<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">18<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(17)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(23)<span></span>
</td>
<td class="num">(17)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain / (loss) from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(738)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(192)<span></span>
</td>
<td class="num">(379)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">13<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">19<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(717)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(211)<span></span>
</td>
<td class="num">(395)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">611<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">174<span></span>
</td>
<td class="nump">258<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(106)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(37)<span></span>
</td>
<td class="num">(137)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SegmentAssets', window );">Reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(347)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(193)<span></span>
</td>
<td class="num">(142)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReportableLiabilities', window );">Reportable liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(347)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(193)<span></span>
</td>
<td class="num">(142)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,308<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,311<span></span>
</td>
<td class="nump">3,289<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,066)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(912)<span></span>
</td>
<td class="num">(658)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,242<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,399<span></span>
</td>
<td class="nump">2,631<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain / (loss) from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,347<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,271<span></span>
</td>
<td class="nump">18,209<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(903)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(683)<span></span>
</td>
<td class="num">(487)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(432)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(355)<span></span>
</td>
<td class="num">(264)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(78)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(68)<span></span>
</td>
<td class="num">(12)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24,176<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,564<span></span>
</td>
<td class="nump">20,077<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,269)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(94)<span></span>
</td>
<td class="nump">127<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">22,907<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,470<span></span>
</td>
<td class="nump">20,204<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SegmentAssets', window );">Reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">66,443<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">44,885<span></span>
</td>
<td class="nump">39,294<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReportableLiabilities', window );">Reportable liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">66,443<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">44,885<span></span>
</td>
<td class="nump">39,294<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">86,580<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">68,422<span></span>
</td>
<td class="nump">27,077<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(61,395)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(49,110)<span></span>
</td>
<td class="num">(19,252)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">25,185<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">19,312<span></span>
</td>
<td class="nump">7,825<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain / (loss) from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,160<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">374<span></span>
</td>
<td class="num">(271)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,870)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,173)<span></span>
</td>
<td class="num">(1,360)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(16,986)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(13,093)<span></span>
</td>
<td class="num">(5,442)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">467<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(196)<span></span>
</td>
<td class="num">(32)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,956<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,224<span></span>
</td>
<td class="nump">720<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(43)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">105<span></span>
</td>
<td class="nump">123<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,913<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,329<span></span>
</td>
<td class="nump">843<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SegmentAssets', window );">Reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">266,802<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">178,964<span></span>
</td>
<td class="nump">147,470<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReportableLiabilities', window );">Reportable liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(215,452)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(155,235)<span></span>
</td>
<td class="num">(132,989)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">51,350<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">23,729<span></span>
</td>
<td class="nump">14,481<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_TotalOperatingSegmentMember', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">91,888<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">72,733<span></span>
</td>
<td class="nump">30,366<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(62,461)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(50,022)<span></span>
</td>
<td class="num">(19,910)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">29,427<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">22,711<span></span>
</td>
<td class="nump">10,456<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain / (loss) from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,507<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,645<span></span>
</td>
<td class="nump">17,938<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,773)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,856)<span></span>
</td>
<td class="num">(1,847)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(17,418)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(13,448)<span></span>
</td>
<td class="num">(5,706)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">389<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(264)<span></span>
</td>
<td class="num">(44)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31,132<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,788<span></span>
</td>
<td class="nump">20,797<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,312)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11<span></span>
</td>
<td class="nump">250<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">29,820<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,799<span></span>
</td>
<td class="nump">21,047<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SegmentAssets', window );">Reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">333,245<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">223,849<span></span>
</td>
<td class="nump">186,764<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReportableLiabilities', window );">Reportable liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(215,452)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(155,235)<span></span>
</td>
<td class="num">(132,989)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">117,793<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">68,614<span></span>
</td>
<td class="nump">53,775<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Elimination of Inter-Segment Transactions and Non-reportable Assets / Liabilities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(10)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(10)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(10)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(10)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain / (loss) from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">13<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(3)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="num">(5)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SegmentAssets', window );">Reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">16,178<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,586<span></span>
</td>
<td class="nump">5,519<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReportableLiabilities', window );">Reportable liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(45,780)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(28,671)<span></span>
</td>
<td class="num">(23,296)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(29,602)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(21,085)<span></span>
</td>
<td class="num">(17,777)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_StatementOfIncomeAndStatementOfFinancialPositionMember', window );">Total as Per Statement of Income / Statement of Financial Position [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">33,088<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">27,004<span></span>
</td>
<td class="nump">12,916<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(19,629)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(16,033)<span></span>
</td>
<td class="num">(7,036)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,459<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,971<span></span>
</td>
<td class="nump">5,880<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain / (loss) from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">22,605<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,340<span></span>
</td>
<td class="nump">17,536<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,869)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,219)<span></span>
</td>
<td class="num">(1,639)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,663)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,007)<span></span>
</td>
<td class="num">(1,842)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">582<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(206)<span></span>
</td>
<td class="num">(32)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28,114<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,879<span></span>
</td>
<td class="nump">19,903<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(721)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">109<span></span>
</td>
<td class="nump">508<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">27,393<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,988<span></span>
</td>
<td class="nump">20,411<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SegmentAssets', window );">Reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">349,076<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">231,242<span></span>
</td>
<td class="nump">192,141<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReportableLiabilities', window );">Reportable liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(261,232)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(183,906)<span></span>
</td>
<td class="num">(156,285)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Net reportable assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 87,844<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 47,336<span></span>
</td>
<td class="nump">$ 35,856<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Corresponds to Shufersal's deconsolidation, the Group lost control in June 2018. See Note 4.G.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Represents the equity value of joint ventures that were proportionately consolidated for information by segment purposes.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Includes the results of New Lipstick for Ps. (2,380). See Note 18</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Includes deferred income tax assets, income tax and MPIT credits, trade and other receivables, investment in financial assets, cash and cash equivalents and intangible assets except for rights to receive future units under barter agreements, net of investments in associates with negative equity which are included in provisions in the amount of Ps. 2,452, Ps. 72 and Ps. 45, as of June 30, 2018, 2017 and 2016, respectively.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for gains (losses) arising from a change in the fair value of investment property to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Investment property; Gains (losses) on fair value adjustment, investment property; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetAssetsLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets less the amount of liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph IG63<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_IG63&amp;doctype=Implementation%20Guidance<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetAssetsLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OperatingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all operating expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OperatingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39L_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=17&amp;date=2018-03-01&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from operating activities of the entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2018-01-01<br> -Paragraph IE33<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=32&amp;date=2018-03-01&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in an increase in equity, other than those relating to contributions from equity participants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SellingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to selling activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SellingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39M<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39M_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReportableLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reportable liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReportableLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SegmentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of segment assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SegmentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeStatementAxis=irsa_ExpensesAndCollectivePromotionFundsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeStatementAxis=irsa_ExpensesAndCollectivePromotionFundsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=ifrs-full_JointVenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=ifrs-full_JointVenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_TotalOperatingSegmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=irsa_TotalOperatingSegmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_StatementOfIncomeAndStatementOfFinancialPositionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=irsa_StatementOfIncomeAndStatementOfFinancialPositionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>88
<FILENAME>R81.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6891038720">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Segment information (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">$ 33,088<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 27,004<span></span>
</td>
<td class="nump">$ 12,916<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit / (loss)</a></td>
<td class="nump">13,459<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,971<span></span>
</td>
<td class="nump">5,880<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="num">(22,605)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,352)<span></span>
</td>
<td class="num">(17,549)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(3,869)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,219)<span></span>
</td>
<td class="num">(1,639)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(4,663)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,007)<span></span>
</td>
<td class="num">(1,842)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="nump">582<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(206)<span></span>
</td>
<td class="num">(32)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">28,114<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,879<span></span>
</td>
<td class="nump">19,903<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit of associates and joint ventures</a></td>
<td class="num">(721)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">109<span></span>
</td>
<td class="nump">508<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">21,295<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,220<span></span>
</td>
<td class="nump">10,078<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investment in associates and joint ventures</a></td>
<td class="nump">24,650<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,885<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">5,308<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,311<span></span>
</td>
<td class="nump">3,289<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(1,066)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(912)<span></span>
</td>
<td class="num">(658)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit / (loss)</a></td>
<td class="nump">4,242<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,399<span></span>
</td>
<td class="nump">2,631<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="nump">21,347<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,271<span></span>
</td>
<td class="nump">18,209<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(903)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(683)<span></span>
</td>
<td class="num">(487)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(432)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(355)<span></span>
</td>
<td class="num">(264)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="num">(78)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(68)<span></span>
</td>
<td class="num">(12)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">24,176<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,564<span></span>
</td>
<td class="nump">20,077<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit of associates and joint ventures</a></td>
<td class="num">(1,269)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(94)<span></span>
</td>
<td class="nump">127<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">22,907<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,470<span></span>
</td>
<td class="nump">20,204<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesAndTradingProperties', window );">Investment properties and trading properties</a></td>
<td class="nump">64,894<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">41,794<span></span>
</td>
<td class="nump">36,972<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investment in associates and joint ventures</a></td>
<td class="nump">1,018<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,719<span></span>
</td>
<td class="nump">1,967<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingAssets', window );">Other operating assets</a></td>
<td class="nump">531<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">372<span></span>
</td>
<td class="nump">355<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">66,443<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">44,885<span></span>
</td>
<td class="nump">39,294<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Shopping Malls [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">3,665<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,047<span></span>
</td>
<td class="nump">2,409<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(330)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(350)<span></span>
</td>
<td class="num">(250)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit / (loss)</a></td>
<td class="nump">3,335<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,697<span></span>
</td>
<td class="nump">2,159<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="nump">11,340<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,068<span></span>
</td>
<td class="nump">16,132<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(320)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(261)<span></span>
</td>
<td class="num">(179)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(238)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(188)<span></span>
</td>
<td class="num">(145)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="num">(57)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(58)<span></span>
</td>
<td class="num">(63)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">14,060<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,258<span></span>
</td>
<td class="nump">17,904<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit of associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">14,060<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,258<span></span>
</td>
<td class="nump">17,904<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesAndTradingProperties', window );">Investment properties and trading properties</a></td>
<td class="nump">40,468<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">28,799<span></span>
</td>
<td class="nump">26,613<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investment in associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingAssets', window );">Other operating assets</a></td>
<td class="nump">82<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">79<span></span>
</td>
<td class="nump">75<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">40,550<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">28,878<span></span>
</td>
<td class="nump">26,688<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Offices [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">532<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">434<span></span>
</td>
<td class="nump">332<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(45)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(29)<span></span>
</td>
<td class="num">(25)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit / (loss)</a></td>
<td class="nump">487<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">405<span></span>
</td>
<td class="nump">307<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="nump">5,004<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,359<span></span>
</td>
<td class="nump">1,268<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(87)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(70)<span></span>
</td>
<td class="num">(85)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(57)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(46)<span></span>
</td>
<td class="num">(24)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(12)<span></span>
</td>
<td class="num">(6)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">5,343<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,636<span></span>
</td>
<td class="nump">1,460<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit of associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">5,343<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,636<span></span>
</td>
<td class="nump">1,460<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesAndTradingProperties', window );">Investment properties and trading properties</a></td>
<td class="nump">13,132<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,422<span></span>
</td>
<td class="nump">5,534<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investment in associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingAssets', window );">Other operating assets</a></td>
<td class="nump">42<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">77<span></span>
</td>
<td class="nump">21<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">13,174<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,499<span></span>
</td>
<td class="nump">5,555<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Sales and Developments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">120<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">99<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(44)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(43)<span></span>
</td>
<td class="num">(20)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit / (loss)</a></td>
<td class="nump">76<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">56<span></span>
</td>
<td class="num">(12)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="nump">4,771<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">849<span></span>
</td>
<td class="nump">773<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(78)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(40)<span></span>
</td>
<td class="num">(24)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(21)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(21)<span></span>
</td>
<td class="num">(23)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="nump">11<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(36)<span></span>
</td>
<td class="num">(34)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">4,759<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">808<span></span>
</td>
<td class="nump">680<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit of associates and joint ventures</a></td>
<td class="nump">26<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">14<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">4,785<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">822<span></span>
</td>
<td class="nump">685<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesAndTradingProperties', window );">Investment properties and trading properties</a></td>
<td class="nump">10,669<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,326<span></span>
</td>
<td class="nump">4,573<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investment in associates and joint ventures</a></td>
<td class="nump">163<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">95<span></span>
</td>
<td class="nump">62<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingAssets', window );">Other operating assets</a></td>
<td class="nump">46<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">47<span></span>
</td>
<td class="nump">93<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">10,878<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,468<span></span>
</td>
<td class="nump">4,728<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Hotels [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">973<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">725<span></span>
</td>
<td class="nump">534<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(624)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(486)<span></span>
</td>
<td class="num">(361)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit / (loss)</a></td>
<td class="nump">349<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">239<span></span>
</td>
<td class="nump">173<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(193)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(135)<span></span>
</td>
<td class="num">(103)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(114)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(97)<span></span>
</td>
<td class="num">(69)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="num">(17)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">25<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit of associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">25<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesAndTradingProperties', window );">Investment properties and trading properties</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investment in associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingAssets', window );">Other operating assets</a></td>
<td class="nump">172<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">167<span></span>
</td>
<td class="nump">164<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">172<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">167<span></span>
</td>
<td class="nump">164<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | International [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit / (loss)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(46)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(43)<span></span>
</td>
<td class="num">(24)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="num">(23)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">27<span></span>
</td>
<td class="nump">92<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="num">(69)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(16)<span></span>
</td>
<td class="nump">68<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit of associates and joint ventures</a></td>
<td class="num">(1,923)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(196)<span></span>
</td>
<td class="num">(129)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="num">(1,992)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(212)<span></span>
</td>
<td class="num">(61)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesAndTradingProperties', window );">Investment properties and trading properties</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investment in associates and joint ventures</a></td>
<td class="num">(1,740)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">570<span></span>
</td>
<td class="nump">143<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingAssets', window );">Other operating assets</a></td>
<td class="nump">89<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="num">(1,651)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">572<span></span>
</td>
<td class="nump">145<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Corporate [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit / (loss)</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(151)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(132)<span></span>
</td>
<td class="num">(72)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="num">(151)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(132)<span></span>
</td>
<td class="num">(72)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit of associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="num">(151)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(132)<span></span>
</td>
<td class="num">(72)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesAndTradingProperties', window );">Investment properties and trading properties</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investment in associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingAssets', window );">Other operating assets</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember', window );">Operations Center in Argentina [Member] | Other [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">18<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(23)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit / (loss)</a></td>
<td class="num">(5)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2<span></span>
</td>
<td class="nump">4<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="nump">232<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5)<span></span>
</td>
<td class="nump">36<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(28)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(2)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(3)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="nump">12<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">209<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4<span></span>
</td>
<td class="nump">38<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit of associates and joint ventures</a></td>
<td class="nump">628<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">88<span></span>
</td>
<td class="nump">251<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">837<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">92<span></span>
</td>
<td class="nump">289<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesAndTradingProperties', window );">Investment properties and trading properties</a></td>
<td class="nump">625<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">247<span></span>
</td>
<td class="nump">252<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investment in associates and joint ventures</a></td>
<td class="nump">2,595<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,054<span></span>
</td>
<td class="nump">1,762<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingAssets', window );">Other operating assets</a></td>
<td class="nump">100<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">$ 3,320<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 2,301<span></span>
</td>
<td class="nump">$ 2,014<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes the results of New Lipstick for Ps. (2,380). See Note 18</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Includes the investments in Condor for Ps. 697 and New Lipstick for Ps. (2,437). See Note 18.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for gains (losses) arising from a change in the fair value of investment property to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Investment property; Gains (losses) on fair value adjustment, investment property; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OperatingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all operating expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OperatingExpense</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39L_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=17&amp;date=2018-03-01&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from operating activities of the entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2018-01-01<br> -Paragraph IE33<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=32&amp;date=2018-03-01&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in an increase in equity, other than those relating to contributions from equity participants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SellingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to selling activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SellingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39M<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39M_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentPropertiesAndTradingProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investment properties and trading properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentPropertiesAndTradingProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherOperatingAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other operating assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherOperatingAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=ifrs-full_OperatingSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_ShoppingMallsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_ShoppingMallsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_OfficesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_OfficesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_SalesAndDevelopmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_SalesAndDevelopmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_HotelsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_HotelsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_InternationalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_InternationalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_Corporate1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_Corporate1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_OtherSegmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_OtherSegmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>89
<FILENAME>R82.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6892113568">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Segment information (Details 2) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">$ 33,088<span></span>
</td>
<td class="nump">$ 27,004<span></span>
</td>
<td class="nump">$ 12,916<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">13,459<span></span>
</td>
<td class="nump">10,971<span></span>
</td>
<td class="nump">5,880<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net (loss) / gain from fair value adjustment of investment properties</a></td>
<td class="num">(22,605)<span></span>
</td>
<td class="num">(4,352)<span></span>
</td>
<td class="num">(17,549)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(3,869)<span></span>
</td>
<td class="num">(3,219)<span></span>
</td>
<td class="num">(1,639)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(4,663)<span></span>
</td>
<td class="num">(4,007)<span></span>
</td>
<td class="num">(1,842)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="nump">582<span></span>
</td>
<td class="num">(206)<span></span>
</td>
<td class="num">(32)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">28,114<span></span>
</td>
<td class="nump">7,879<span></span>
</td>
<td class="nump">19,903<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit / (loss) of associates and joint ventures</a></td>
<td class="num">(721)<span></span>
</td>
<td class="nump">109<span></span>
</td>
<td class="nump">508<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">21,295<span></span>
</td>
<td class="nump">5,220<span></span>
</td>
<td class="nump">10,078<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">86,580<span></span>
</td>
<td class="nump">68,422<span></span>
</td>
<td class="nump">27,077<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(61,395)<span></span>
</td>
<td class="num">(49,110)<span></span>
</td>
<td class="num">(19,252)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">25,185<span></span>
</td>
<td class="nump">19,312<span></span>
</td>
<td class="nump">7,825<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net (loss) / gain from fair value adjustment of investment properties</a></td>
<td class="nump">2,160<span></span>
</td>
<td class="nump">374<span></span>
</td>
<td class="num">(271)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(3,870)<span></span>
</td>
<td class="num">(3,173)<span></span>
</td>
<td class="num">(1,360)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(16,986)<span></span>
</td>
<td class="num">(13,093)<span></span>
</td>
<td class="num">(5,442)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="nump">467<span></span>
</td>
<td class="num">(196)<span></span>
</td>
<td class="num">(32)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">6,956<span></span>
</td>
<td class="nump">3,224<span></span>
</td>
<td class="nump">720<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit / (loss) of associates and joint ventures</a></td>
<td class="num">(43)<span></span>
</td>
<td class="nump">105<span></span>
</td>
<td class="nump">123<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">6,913<span></span>
</td>
<td class="nump">3,329<span></span>
</td>
<td class="nump">843<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">266,802<span></span>
</td>
<td class="nump">178,964<span></span>
</td>
<td class="nump">147,470<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLiabilities', window );">Operating liabilities</a></td>
<td class="num">(215,452)<span></span>
</td>
<td class="num">(155,235)<span></span>
</td>
<td class="num">(132,989)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssetsLiabilitiesNet', window );">Operating assets (liabilities), net</a></td>
<td class="nump">51,350<span></span>
</td>
<td class="nump">23,729<span></span>
</td>
<td class="nump">14,481<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | Real Estate [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">6,180<span></span>
</td>
<td class="nump">4,918<span></span>
</td>
<td class="nump">1,538<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(2,619)<span></span>
</td>
<td class="num">(2,333)<span></span>
</td>
<td class="num">(467)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">3,561<span></span>
</td>
<td class="nump">2,585<span></span>
</td>
<td class="nump">1,071<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net (loss) / gain from fair value adjustment of investment properties</a></td>
<td class="nump">1,996<span></span>
</td>
<td class="nump">261<span></span>
</td>
<td class="num">(294)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(363)<span></span>
</td>
<td class="num">(290)<span></span>
</td>
<td class="num">(100)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(115)<span></span>
</td>
<td class="num">(91)<span></span>
</td>
<td class="num">(29)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="nump">98<span></span>
</td>
<td class="nump">46<span></span>
</td>
<td class="num">(19)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">5,177<span></span>
</td>
<td class="nump">2,511<span></span>
</td>
<td class="nump">629<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit / (loss) of associates and joint ventures</a></td>
<td class="nump">167<span></span>
</td>
<td class="nump">46<span></span>
</td>
<td class="nump">226<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">5,344<span></span>
</td>
<td class="nump">2,557<span></span>
</td>
<td class="nump">855<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">134,038<span></span>
</td>
<td class="nump">79,427<span></span>
</td>
<td class="nump">60,678<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLiabilities', window );">Operating liabilities</a></td>
<td class="num">(104,202)<span></span>
</td>
<td class="num">(64,100)<span></span>
</td>
<td class="num">(49,576)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssetsLiabilitiesNet', window );">Operating assets (liabilities), net</a></td>
<td class="nump">29,836<span></span>
</td>
<td class="nump">15,327<span></span>
</td>
<td class="nump">11,102<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | Supermarkets [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">60,470<span></span>
</td>
<td class="nump">47,277<span></span>
</td>
<td class="nump">18,610<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(44,563)<span></span>
</td>
<td class="num">(35,432)<span></span>
</td>
<td class="num">(14,076)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">15,907<span></span>
</td>
<td class="nump">11,845<span></span>
</td>
<td class="nump">4,534<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net (loss) / gain from fair value adjustment of investment properties</a></td>
<td class="nump">164<span></span>
</td>
<td class="nump">113<span></span>
</td>
<td class="nump">23<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(878)<span></span>
</td>
<td class="num">(627)<span></span>
</td>
<td class="num">(203)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(12,749)<span></span>
</td>
<td class="num">(9,517)<span></span>
</td>
<td class="num">(3,907)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="num">(177)<span></span>
</td>
<td class="num">(52)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">2,267<span></span>
</td>
<td class="nump">1,762<span></span>
</td>
<td class="nump">434<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit / (loss) of associates and joint ventures</a></td>
<td class="nump">20<span></span>
</td>
<td class="nump">75<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">2,287<span></span>
</td>
<td class="nump">1,837<span></span>
</td>
<td class="nump">434<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">13,304<span></span>
</td>
<td class="nump">38,521<span></span>
</td>
<td class="nump">29,440<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLiabilities', window );">Operating liabilities</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(29,239)<span></span>
</td>
<td class="num">(23,614)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssetsLiabilitiesNet', window );">Operating assets (liabilities), net</a></td>
<td class="nump">13,304<span></span>
</td>
<td class="nump">9,282<span></span>
</td>
<td class="nump">5,826<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | Telecommunications [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">19,347<span></span>
</td>
<td class="nump">15,964<span></span>
</td>
<td class="nump">6,655<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(13,899)<span></span>
</td>
<td class="num">(11,183)<span></span>
</td>
<td class="num">(4,525)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">5,448<span></span>
</td>
<td class="nump">4,781<span></span>
</td>
<td class="nump">2,130<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net (loss) / gain from fair value adjustment of investment properties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(1,810)<span></span>
</td>
<td class="num">(1,592)<span></span>
</td>
<td class="num">(708)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(3,974)<span></span>
</td>
<td class="num">(3,406)<span></span>
</td>
<td class="num">(1,493)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="nump">140<span></span>
</td>
<td class="num">(36)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="num">(196)<span></span>
</td>
<td class="num">(253)<span></span>
</td>
<td class="num">(71)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit / (loss) of associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="num">(196)<span></span>
</td>
<td class="num">(253)<span></span>
</td>
<td class="num">(71)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">49,797<span></span>
</td>
<td class="nump">31,648<span></span>
</td>
<td class="nump">27,345<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLiabilities', window );">Operating liabilities</a></td>
<td class="num">(38,804)<span></span>
</td>
<td class="num">(25,032)<span></span>
</td>
<td class="num">(21,657)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssetsLiabilitiesNet', window );">Operating assets (liabilities), net</a></td>
<td class="nump">10,993<span></span>
</td>
<td class="nump">6,616<span></span>
</td>
<td class="nump">5,688<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | Insurance [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net (loss) / gain from fair value adjustment of investment properties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit / (loss) of associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">12,254<span></span>
</td>
<td class="nump">8,562<span></span>
</td>
<td class="nump">4,602<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLiabilities', window );">Operating liabilities</a></td>
<td class="num">(1,214)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssetsLiabilitiesNet', window );">Operating assets (liabilities), net</a></td>
<td class="nump">11,040<span></span>
</td>
<td class="nump">8,562<span></span>
</td>
<td class="nump">4,602<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | Corporate [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net (loss) / gain from fair value adjustment of investment properties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(374)<span></span>
</td>
<td class="num">(384)<span></span>
</td>
<td class="num">(321)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="nump">434<span></span>
</td>
<td class="num">(48)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="nump">60<span></span>
</td>
<td class="num">(432)<span></span>
</td>
<td class="num">(321)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit / (loss) of associates and joint ventures</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="nump">60<span></span>
</td>
<td class="num">(432)<span></span>
</td>
<td class="num">(321)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">21,231<span></span>
</td>
<td class="nump">14,734<span></span>
</td>
<td class="nump">1,753<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLiabilities', window );">Operating liabilities</a></td>
<td class="num">(68,574)<span></span>
</td>
<td class="num">(33,705)<span></span>
</td>
<td class="num">(10,441)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssetsLiabilitiesNet', window );">Operating assets (liabilities), net</a></td>
<td class="num">(47,343)<span></span>
</td>
<td class="num">(18,971)<span></span>
</td>
<td class="num">(8,688)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member', window );">Operations Center in Israel [Member] | Others [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="nump">583<span></span>
</td>
<td class="nump">263<span></span>
</td>
<td class="nump">274<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Costs</a></td>
<td class="num">(314)<span></span>
</td>
<td class="num">(162)<span></span>
</td>
<td class="num">(184)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">269<span></span>
</td>
<td class="nump">101<span></span>
</td>
<td class="nump">90<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net (loss) / gain from fair value adjustment of investment properties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(445)<span></span>
</td>
<td class="num">(280)<span></span>
</td>
<td class="num">(28)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SellingExpense', window );">Selling expenses</a></td>
<td class="num">(148)<span></span>
</td>
<td class="num">(79)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating results, net</a></td>
<td class="num">(28)<span></span>
</td>
<td class="num">(106)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Profit / (loss) from operations</a></td>
<td class="num">(352)<span></span>
</td>
<td class="num">(364)<span></span>
</td>
<td class="nump">49<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of profit / (loss) of associates and joint ventures</a></td>
<td class="num">(230)<span></span>
</td>
<td class="num">(16)<span></span>
</td>
<td class="num">(103)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Segment profit / (loss)</a></td>
<td class="num">(582)<span></span>
</td>
<td class="num">(380)<span></span>
</td>
<td class="num">(54)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssets', window );">Operating assets</a></td>
<td class="nump">36,178<span></span>
</td>
<td class="nump">6,072<span></span>
</td>
<td class="nump">23,652<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLiabilities', window );">Operating liabilities</a></td>
<td class="num">(2,658)<span></span>
</td>
<td class="num">(3,159)<span></span>
</td>
<td class="num">(27,701)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingAssetsLiabilitiesNet', window );">Operating assets (liabilities), net</a></td>
<td class="nump">$ 33,520<span></span>
</td>
<td class="nump">$ 2,913<span></span>
</td>
<td class="num">$ (4,049)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for gains (losses) arising from a change in the fair value of investment property to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Investment property; Gains (losses) on fair value adjustment, investment property; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OperatingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all operating expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OperatingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39L_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=17&amp;date=2018-03-01&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from operating activities of the entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2018-01-01<br> -Paragraph IE33<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=32&amp;date=2018-03-01&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in an increase in equity, other than those relating to contributions from equity participants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SellingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to selling activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SellingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39M<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39M_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingAssetsLiabilitiesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating asset liabilities net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingAssetsLiabilitiesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentConsolidationItemsAxis=irsa_OperatingSegments1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_RealEstate1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_RealEstate1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_SupermarketsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_SupermarketsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_TelecommunicationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_TelecommunicationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_InsuranceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_InsuranceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_Corporate1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_Corporate1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=irsa_OthersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=irsa_OthersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>90
<FILENAME>R83.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6869837696">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Information about the main subsidiaries (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 96,018<span></span>
</td>
<td class="nump">$ 65,492<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">239,755<span></span>
</td>
<td class="nump">165,750<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">46,756<span></span>
</td>
<td class="nump">46,434<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">214,476<span></span>
</td>
<td class="nump">137,472<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">335,773<span></span>
</td>
<td class="nump">231,242<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">33,088<span></span>
</td>
<td class="nump">27,004<span></span>
</td>
<td class="nump">$ 12,916<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,295<span></span>
</td>
<td class="nump">5,220<span></span>
</td>
<td class="nump">10,078<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">35,409<span></span>
</td>
<td class="nump">9,733<span></span>
</td>
<td class="nump">14,211<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of Operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,339<span></span>
</td>
<td class="nump">9,059<span></span>
</td>
<td class="nump">4,126<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,573)<span></span>
</td>
<td class="num">(2,068)<span></span>
</td>
<td class="nump">8,223<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financial activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,867)<span></span>
</td>
<td class="nump">1,537<span></span>
</td>
<td class="num">(3,968)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Net Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,101)<span></span>
</td>
<td class="nump">8,528<span></span>
</td>
<td class="nump">8,381<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidToNoncontrollingInterests', window );">Dividends distribution to non-controlling shareholders</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 1,259<span></span>
</td>
<td class="nump">$ 2,037<span></span>
</td>
<td class="nump">$ 106<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_ElronElectronicIndustriesLtdMember', window );">Elron Electronic Industries Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Direct interest of non-controlling interest %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">49.70%<span></span>
</td>
<td class="nump">49.68%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 1,933<span></span>
</td>
<td class="nump">$ 1,669<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,610<span></span>
</td>
<td class="nump">1,183<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">252<span></span>
</td>
<td class="nump">162<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24<span></span>
</td>
<td class="nump">10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,267<span></span>
</td>
<td class="nump">2,680<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MinorityInterest1', window );">Book value of non-controlling interests</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,351<span></span>
</td>
<td class="nump">1,975<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(512)<span></span>
</td>
<td class="num">(427)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(80)<span></span>
</td>
<td class="num">(63)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1', window );">Total comprehensive profit / (loss) attributable to non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(510)<span></span>
</td>
<td class="num">(342)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of Operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(327)<span></span>
</td>
<td class="num">(235)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">343<span></span>
</td>
<td class="nump">147<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financial activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(132)<span></span>
</td>
<td class="num">(200)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Net Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(116)<span></span>
</td>
<td class="num">(288)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidToNoncontrollingInterests', window );">Dividends distribution to non-controlling shareholders</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (155)<span></span>
</td>
<td class="nump">$ 106<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_PropertyAndBuildingCorporationLtdMember', window );">Property And Building Corporation Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Direct interest of non-controlling interest %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">35.60%<span></span>
</td>
<td class="nump">35.56%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 23,655<span></span>
</td>
<td class="nump">$ 10,956<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">108,704<span></span>
</td>
<td class="nump">64,345<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,033<span></span>
</td>
<td class="nump">10,503<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">90,620<span></span>
</td>
<td class="nump">49,902<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">25,706<span></span>
</td>
<td class="nump">14,896<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MinorityInterest1', window );">Book value of non-controlling interests</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,730<span></span>
</td>
<td class="nump">11,161<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,183<span></span>
</td>
<td class="nump">4,877<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,958<span></span>
</td>
<td class="nump">886<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(181)<span></span>
</td>
<td class="num">(353)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1', window );">Total comprehensive profit / (loss) attributable to non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,060<span></span>
</td>
<td class="nump">1,254<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of Operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,073<span></span>
</td>
<td class="nump">2,470<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">27<span></span>
</td>
<td class="num">(2,208)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financial activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,191)<span></span>
</td>
<td class="nump">283<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Net Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,909<span></span>
</td>
<td class="nump">545<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidToNoncontrollingInterests', window );">Dividends distribution to non-controlling shareholders</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 717<span></span>
</td>
<td class="num">$ (975)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_CellcomIsraelLtdMember', window );">Cellcom Israel Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Direct interest of non-controlling interest %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">57.90%<span></span>
</td>
<td class="nump">57.74%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 21,185<span></span>
</td>
<td class="nump">$ 11,209<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">27,648<span></span>
</td>
<td class="nump">18,273<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">12,601<span></span>
</td>
<td class="nump">8,171<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">26,109<span></span>
</td>
<td class="nump">15,974<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">10,123<span></span>
</td>
<td class="nump">5,337<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MinorityInterest1', window );">Book value of non-controlling interests</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6,391<span></span>
</td>
<td class="nump">3,706<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">19,145<span></span>
</td>
<td class="nump">15,739<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(509)<span></span>
</td>
<td class="num">(329)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1', window );">Total comprehensive profit / (loss) attributable to non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(504)<span></span>
</td>
<td class="num">(224)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of Operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">3,997<span></span>
</td>
<td class="nump">2,348<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(2,574)<span></span>
</td>
<td class="num">(1,574)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financial activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">382<span></span>
</td>
<td class="num">(1,348)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Net Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1,805<span></span>
</td>
<td class="num">(574)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidToNoncontrollingInterests', window );">Dividends distribution to non-controlling shareholders</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_IRSAPropiedadesComercialesSAMember', window );">IRSA Propiedades Comerciales S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems', window );"><strong>Disclosure of subsidiaries [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Direct interest of non-controlling interest %</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">13.66%<span></span>
</td>
<td class="nump">5.39%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 10,670<span></span>
</td>
<td class="nump">$ 4,515<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">57,074<span></span>
</td>
<td class="nump">37,907<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,497<span></span>
</td>
<td class="nump">1,801<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">27,284<span></span>
</td>
<td class="nump">17,605<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">37,963<span></span>
</td>
<td class="nump">23,016<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MinorityInterest1', window );">Book value of non-controlling interests</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,995<span></span>
</td>
<td class="nump">1,194<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,949<span></span>
</td>
<td class="nump">4,997<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,656<span></span>
</td>
<td class="nump">3,378<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,656<span></span>
</td>
<td class="nump">3,378<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1', window );">Total comprehensive profit / (loss) attributable to non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">556<span></span>
</td>
<td class="nump">117<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of Operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,624<span></span>
</td>
<td class="nump">2,875<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,861)<span></span>
</td>
<td class="num">(148)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financial activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,800<span></span>
</td>
<td class="num">(958)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Net Increase (decrease) in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,563<span></span>
</td>
<td class="nump">1,769<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidToNoncontrollingInterests', window );">Dividends distribution to non-controlling shareholders</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (716)<span></span>
</td>
<td class="num">$ (831)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Corresponds to the direct interest from the Group.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">DIC considers it exercises effective control over Cellcom because DIC is the group with the higher percentage of votes vis-a-vis other shareholders, being 46.16%, also taking into account the historic voting performance in the Shareholders' Meetings.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of resources: (a) controlled by the entity as a result of past events; and (b) from which future economic benefits are expected to flow to the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) operating activities, which are the principal revenue-producing activities of the entity and other activities that are not investing or financing activities. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaidToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends paid to non-controlling interests. [Refer: Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_a&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39L_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=17&amp;date=2018-03-01&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 19B<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_19B_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in an increase in equity, other than those relating to contributions from equity participants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_MinorityInterest1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_MinorityInterest1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_ElronElectronicIndustriesLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_ElronElectronicIndustriesLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_PropertyAndBuildingCorporationLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_PropertyAndBuildingCorporationLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_CellcomIsraelLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_CellcomIsraelLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_IRSAPropiedadesComercialesSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_IRSAPropiedadesComercialesSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>91
<FILENAME>R84.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6890935296">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Investments in associates and joint ventures (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVenturesAbstract', window );"><strong>Investments In Associates And Joint Ventures</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1', window );">Beginning of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 7,813<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 16,835<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInEquityInterestInAssociatesAndJointVentures', window );">Increase in equity interest in associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">343<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,102<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceOfCapitalAndContributions', window );">Issuance of capital and contributions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">156<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">160<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalReductionOfAssociation', window );">Capital reduction</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(284)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(32)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreaseForControlObtainment', window );">Decrease for control obtainment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(59)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests', window );">Distribution of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">107<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent', window );">Decrease of interest in associate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(339)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Share of (loss) / profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(701)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">378<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment2', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,056<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">232<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferToLoansToAssociates', window );">Transfer to loans to associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(190)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Dividend', window );">Dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(319)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(250)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DistributionForAssociateLiquidation', window );">Distribution for associate liquidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(72)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncorporationOfDeconsolidatedSubsidiary', window );">Incorporation of deconsolidated subsidiary, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,763<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationToHeldForSale', window );">Reclassification to held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(44)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(10,709)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OthersOfJointAssociation', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">49<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1', window );">End of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 22,198<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 7,813<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Ps. (2,452) and Ps. (72) reflecting interests in companies with negative equity as of June 30, 2018 and 2017, respectively, which are disclosed in "Provisions" (see Note 18).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">See Note 29.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Corresponds to a reclassification made at the time of formalizing the loan repayment terms with the associate in the Operations Center in Israel.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Corresponds to the distribution of the income from Baicom's liquidation.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends recognised as distributions to non-controlling interests. [Refer: Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) from continuing operations of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Continuing operations [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss) from continuing operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B16_a&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CapitalReductionOfAssociation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of capital reduaction of joint association.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CapitalReductionOfAssociation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CumulativeTranslationAdjustment2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cumulative translation adjustment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CumulativeTranslationAdjustment2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DecreaseForControlObtainment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the decrease for control obtainment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DecreaseForControlObtainment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DistributionForAssociateLiquidation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of distribution for associate liquidation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DistributionForAssociateLiquidation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Dividend">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividend paid and received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Dividend</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncorporationOfDeconsolidatedSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of incorporation of deconsolidated subsidiary.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncorporationOfDeconsolidatedSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase and decrease through changes in ownership interest in associate that do not result in loss of control equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseDecreaseThroughChangesInOwnershipInterestsInAssociateThatDoNotResultInLossOfControlEquityAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInEquityInterestInAssociatesAndJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in equity interest in associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInEquityInterestInAssociatesAndJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentsInAssociatesAndJointVenturesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentsInAssociatesAndJointVenturesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentsInSubsidiariesJointVenturesAndAssociates1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IssuanceOfCapitalAndContributions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of issuance of capital and contributions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IssuanceOfCapitalAndContributions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OthersOfJointAssociation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of others of joint association.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OthersOfJointAssociation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReclassificationToHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reclassification to held for sale in association.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReclassificationToHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransferToLoansToAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of transfer to loans to associates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransferToLoansToAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>92
<FILENAME>R85.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6872237488">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Investments in associates and joint ventures (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 22,198<span></span>
</td>
<td class="nump">$ 7,813<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 2,375<span></span>
</td>
<td class="nump">$ 610<span></span>
</td>
<td class="nump">$ 6,002<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=irsa_QualityInvestSAMember', window );">Quality Invest S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 1,062<span></span>
</td>
<td class="nump">$ 482<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 541<span></span>
</td>
<td class="nump">$ 119<span></span>
</td>
<td class="nump">$ 155<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures', window );">Place of business / Country of incorporation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Argentina&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociatesAndJointVentures', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Real
estate&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CommonSharesVoteOfAssociatesAndJointVentures', window );">Common shares 1 vote</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">120,827,022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures', window );">Share capital (nominal value)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">242<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossOfAssociatesAndJointVentures', window );">Profit / (Loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 1,079<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareholdersEquityOfAssociatesAndJointVentures', window );">Shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 2,113<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=irsa_LaRuralSAMember', window );">La Rural S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 94<span></span>
</td>
<td class="nump">$ 113<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 14<span></span>
</td>
<td class="nump">$ 15<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures', window );">Place of business / Country of incorporation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Argentina&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociatesAndJointVentures', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Organization
of events&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CommonSharesVoteOfAssociatesAndJointVentures', window );">Common shares 1 vote</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">714,498<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures', window );">Share capital (nominal value)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossOfAssociatesAndJointVentures', window );">Profit / (Loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 78<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareholdersEquityOfAssociatesAndJointVentures', window );">Shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 157<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=irsa_MehadrinMember', window );">Mehadrin [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">45.41%<span></span>
</td>
<td class="nump">45.41%<span></span>
</td>
<td class="nump">45.41%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 2,272<span></span>
</td>
<td class="nump">$ 1,312<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 961<span></span>
</td>
<td class="nump">309<span></span>
</td>
<td class="nump">$ 433<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures', window );">Place of business / Country of incorporation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Israel&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociatesAndJointVentures', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Agriculture&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CommonSharesVoteOfAssociatesAndJointVentures', window );">Common shares 1 vote</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1,509,889<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures', window );">Share capital (nominal value)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossOfAssociatesAndJointVentures', window );">Profit / (Loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="nump">$ 57<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareholdersEquityOfAssociatesAndJointVentures', window );">Shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="nump">595<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=irsa_OtherJointVenturesMember', window );">Other Joint Ventures [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,854<span></span>
</td>
<td class="nump">1,331<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 804<span></span>
</td>
<td class="nump">$ 292<span></span>
</td>
<td class="nump">$ 446<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_NewLipstickMember', window );">New Lipstick [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">49.90%<span></span>
</td>
<td class="nump">49.90%<span></span>
</td>
<td class="nump">49.90%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">$ (2,452)<span></span>
</td>
<td class="num">$ (72)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">$ (2,380)<span></span>
</td>
<td class="num">$ (201)<span></span>
</td>
<td class="num">$ (64)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures', window );">Place of business / Country of incorporation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">U.S.&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociatesAndJointVentures', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Real
estate&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures', window );">Share capital (nominal value)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossOfAssociatesAndJointVentures', window );">Profit / (Loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="num">$ (11)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareholdersEquityOfAssociatesAndJointVentures', window );">Shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="num">$ (178)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_BHSAMember', window );">BHSA [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">29.91%<span></span>
</td>
<td class="nump">30.66%<span></span>
</td>
<td class="nump">30.66%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">$ 2,250<span></span>
</td>
<td class="nump">$ 1,693<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">$ 618<span></span>
</td>
<td class="nump">$ 83<span></span>
</td>
<td class="nump">$ 259<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures', window );">Place of business / Country of incorporation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Argentina&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociatesAndJointVentures', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Financial&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CommonSharesVoteOfAssociatesAndJointVentures', window );">Common shares 1 vote</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">448,689,072<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures', window );">Share capital (nominal value)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6],[7]</sup></td>
<td class="nump">1,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossOfAssociatesAndJointVentures', window );">Profit / (Loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6],[7]</sup></td>
<td class="nump">$ 2,238<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareholdersEquityOfAssociatesAndJointVentures', window );">Shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6],[7]</sup></td>
<td class="nump">$ 8,719<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_CondorMember', window );">Condor [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="nump">18.90%<span></span>
</td>
<td class="nump">28.72%<span></span>
</td>
<td class="nump">25.53%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="nump">$ 696<span></span>
</td>
<td class="nump">$ 634<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="nump">$ 450<span></span>
</td>
<td class="nump">$ 53<span></span>
</td>
<td class="num">$ (27)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures', window );">Place of business / Country of incorporation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">U.S.&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociatesAndJointVentures', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Hotel&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CommonSharesVoteOfAssociatesAndJointVentures', window );">Common shares 1 vote</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[8]</sup></td>
<td class="nump">2,198,225<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossOfAssociatesAndJointVentures', window );">Profit / (Loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5],[8]</sup></td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareholdersEquityOfAssociatesAndJointVentures', window );">Shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5],[8]</sup></td>
<td class="nump">$ 109<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_AdamaMember', window );">Adama [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[9]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">40.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[9]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 4,141<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures', window );">Place of business / Country of incorporation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[9]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Israel&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociatesAndJointVentures', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[9]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Agrochemical&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_PBELMember', window );">PBEL [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">45.40%<span></span>
</td>
<td class="nump">45.40%<span></span>
</td>
<td class="nump">45.40%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 1,049<span></span>
</td>
<td class="nump">$ 768<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 389<span></span>
</td>
<td class="nump">$ 262<span></span>
</td>
<td class="nump">$ 194<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures', window );">Place of business / Country of incorporation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">India&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociatesAndJointVentures', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Real
estate&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CommonSharesVoteOfAssociatesAndJointVentures', window );">Common shares 1 vote</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">450<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures', window );">Share capital (nominal value)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossOfAssociatesAndJointVentures', window );">Profit / (Loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">$ (76)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareholdersEquityOfAssociatesAndJointVentures', window );">Shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">$ (465)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ShufersalLtdMember', window );">Shufersal Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[10]</sup></td>
<td class="nump">33.56%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[10]</sup></td>
<td class="nump">$ 12,763<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrincipalPlaceOfBusinessOfAssociateAndJointVentures', window );">Place of business / Country of incorporation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[10]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Israel&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MainActivityOfAssociatesAndJointVentures', window );">Main activity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[10]</sup></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Retail&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CommonSharesVoteOfAssociatesAndJointVentures', window );">Common shares 1 vote</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[10]</sup></td>
<td class="nump">79,282,087<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_OtherAssociatesMember', window );">Other Associates [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInAssociatesAndJointVentures', window );">Value of Group's interest in equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 2,610<span></span>
</td>
<td class="nump">$ 1,552<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsInterestInCompehensiveIncomeOfAssociatesAndJointVentures', window );">Group's interest in comprehensive income (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 978<span></span>
</td>
<td class="num">$ (322)<span></span>
</td>
<td class="nump">$ 465<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Quality is engaged in the operation of the San Martin premises (formerly owned by Nobleza Piccardo S.A.I.C. y F.).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Mehadrin is a company engaged in the production and exports of citrus, fruits and vegetables. The Group has a joint venture agreement in relation to this company. Share market value as of June 30, 2018 is NIS 18.78 per share.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Amounts in millions of NIS.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">New Lipstick's equity comprises a rental office building in New York City known as the "Lipstick Building" with related debt. Metropolitan, a subsidiary of New Lipstick, has renegotiated its non-recourse debt with IRSA, which amounted to US$ 113.1, and obtained a debt reduction of US$ 20 by the lending bank, an extension to April 30, 2020 and an interest rate reduction from LIBOR + 4 b.p. to 2 b.p. upon payment of US$ 40 in cash (US$ 20 in September 2017 and US$ 20 in October 2017), of which IRSA has contributed with US$ 20. Following the renegotiation, Metropolitan's debt amounts to US$ 53.1. Additionally, Metropolitan has agreed to exercise on or before February 1, 2019 the purchase option on part of the land where the property is built and, to deposit the sum of money corresponding to 1% of the purchase price. Furthermore, Metropolitan has agreed to cause IRSA and other shareholders to furnish the bank, on or before February 1, 2020, with a payment guarantee with acceptable financial ratios fot the Bank for the outstanding balance of the purchase price, or a letter of credit in relation to the loan balance then outstanding.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">Amounts in millions of US Dollars under USGAAP. Condor's year-end falls on December 31, so the Group estimates their interest with a three-month lag, including material adjustments, if any.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[6]</td>
<td style="vertical-align: top;" valign="top">BHSA is a full-service commercial bank offering a wide variety of banking activities and related financial services to individuals, small- and medium-sized companies and large corporations. The effect of Treasury shares was considered. Share market value is Ps. 6.65 per share</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[7]</td>
<td style="vertical-align: top;" valign="top">The balances as of June 30, 2018 correspond to the Financial Statements of BHSA prepared in accordance with BCRA standards. For the purpose of the valuation of the investment in the company, necessary adjustments to adequate the Financial Statements to IFRS have been considered.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[8]</td>
<td style="vertical-align: top;" valign="top">Condor is a hotel-focused real estate investment trust (REIT). Share market value as of June 30, 2018 is Ps. 10.70 per share.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[9]</td>
<td style="vertical-align: top;" valign="top">Adama is specialized in the chemical industry, mainly, in the agrochemical industry. See note 4.I.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[10]</td>
<td style="vertical-align: top;" valign="top">Share market value as of June 30, 2018 is NIS 2.24 per share</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent common shares vote of associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent group interest in compehensive income of Associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent investments in associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The main activity of associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The principal place of business of associate and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProfitLossOfAssociatesAndJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent profit loss of associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProfitLossOfAssociatesAndJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent proportion of ownership interest in associate and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProportionOfOwnershipInterestInAssociateAndJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent share capital nominal value of associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ShareCapitalNominalValueOfAssociatesAndJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ShareholdersEquityOfAssociatesAndJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent shareholders equity of associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ShareholdersEquityOfAssociatesAndJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=irsa_QualityInvestSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=irsa_QualityInvestSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=irsa_LaRuralSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=irsa_LaRuralSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=irsa_MehadrinMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=irsa_MehadrinMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=irsa_OtherJointVenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=irsa_OtherJointVenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_NewLipstickMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_NewLipstickMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_BHSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_BHSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_CondorMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_CondorMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_AdamaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_AdamaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_PBELMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_PBELMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ShufersalLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ShufersalLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_OtherAssociatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_OtherAssociatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>93
<FILENAME>R86.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6873953200">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Investments in associates and joint ventures (Details 2) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 96,018<span></span>
</td>
<td class="nump">$ 65,492<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">239,755<span></span>
</td>
<td class="nump">165,750<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">46,756<span></span>
</td>
<td class="nump">46,434<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">214,476<span></span>
</td>
<td class="nump">137,472<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">335,773<span></span>
</td>
<td class="nump">231,242<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">33,088<span></span>
</td>
<td class="nump">27,004<span></span>
</td>
<td class="nump">$ 12,916<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,295<span></span>
</td>
<td class="nump">5,220<span></span>
</td>
<td class="nump">10,078<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">35,409<span></span>
</td>
<td class="nump">9,733<span></span>
</td>
<td class="nump">14,211<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,339<span></span>
</td>
<td class="nump">9,059<span></span>
</td>
<td class="nump">4,126<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,573)<span></span>
</td>
<td class="num">(2,068)<span></span>
</td>
<td class="nump">8,223<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,867)<span></span>
</td>
<td class="nump">1,537<span></span>
</td>
<td class="num">$ (3,968)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=irsa_QualityInvestMember', window );">Quality Invest [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5<span></span>
</td>
<td class="nump">18<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2,820<span></span>
</td>
<td class="nump">1,486<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">64<span></span>
</td>
<td class="nump">82<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">648<span></span>
</td>
<td class="nump">466<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 2,113<span></span>
</td>
<td class="nump">$ 956<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociate1', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InterestInJointAssociate', window );">Interest in associate and joint venture</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 1,057<span></span>
</td>
<td class="nump">$ 478<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GoodwillAndOthers', window );">Goodwill and others</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BookValue', window );">Book value</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,062<span></span>
</td>
<td class="nump">482<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">13<span></span>
</td>
<td class="nump">26<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">1,079<span></span>
</td>
<td class="nump">237<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">1,079<span></span>
</td>
<td class="nump">237<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendDistributionsOfAssociation', window );">Dividend distribution</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="num">(80)<span></span>
</td>
<td class="num">(11)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">80<span></span>
</td>
<td class="nump">11<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges', window );">Changes in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointVenturesAxis=irsa_MehadrinMember', window );">Mehadrin [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,367<span></span>
</td>
<td class="nump">3,439<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,665<span></span>
</td>
<td class="nump">3,520<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,860<span></span>
</td>
<td class="nump">2,900<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,478<span></span>
</td>
<td class="nump">1,502<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 4,694<span></span>
</td>
<td class="nump">$ 2,557<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociate1', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">45.40%<span></span>
</td>
<td class="nump">45.41%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InterestInJointAssociate', window );">Interest in associate and joint venture</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 2,132<span></span>
</td>
<td class="nump">$ 1,161<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GoodwillAndOthers', window );">Goodwill and others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">140<span></span>
</td>
<td class="nump">151<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BookValue', window );">Book value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,272<span></span>
</td>
<td class="nump">1,312<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">7,249<span></span>
</td>
<td class="nump">5,403<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">343<span></span>
</td>
<td class="nump">180<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">348<span></span>
</td>
<td class="nump">172<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendDistributionsOfAssociation', window );">Dividend distribution</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">395<span></span>
</td>
<td class="nump">476<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">26<span></span>
</td>
<td class="num">(76)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(71)<span></span>
</td>
<td class="num">(53)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges', window );">Changes in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">350<span></span>
</td>
<td class="nump">347<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_BHSAMember', window );">BHSA [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">56,150<span></span>
</td>
<td class="nump">36,762<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24,837<span></span>
</td>
<td class="nump">18,228<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">44,697<span></span>
</td>
<td class="nump">33,675<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28,560<span></span>
</td>
<td class="nump">15,548<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">$ 7,730<span></span>
</td>
<td class="nump">$ 5,767<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociate1', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">29.90%<span></span>
</td>
<td class="nump">30.66%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InterestInJointAssociate', window );">Interest in associate and joint venture</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 2,312<span></span>
</td>
<td class="nump">$ 1,768<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GoodwillAndOthers', window );">Goodwill and others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(62)<span></span>
</td>
<td class="num">(75)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BookValue', window );">Book value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,250<span></span>
</td>
<td class="nump">1,693<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">11,144<span></span>
</td>
<td class="nump">6,821<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,238<span></span>
</td>
<td class="nump">625<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,238<span></span>
</td>
<td class="nump">625<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendDistributionsOfAssociation', window );">Dividend distribution</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">200<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6,912<span></span>
</td>
<td class="num">(6,439)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1,304<span></span>
</td>
<td class="nump">475<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(2,832)<span></span>
</td>
<td class="nump">2,124<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges', window );">Changes in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6,180<span></span>
</td>
<td class="num">(3,840)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_PBELMember', window );">PBEL [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,965<span></span>
</td>
<td class="nump">1,469<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">418<span></span>
</td>
<td class="nump">272<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">584<span></span>
</td>
<td class="nump">181<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,468<span></span>
</td>
<td class="nump">4,302<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (3,669)<span></span>
</td>
<td class="num">$ (2,742)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociate1', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">45.00%<span></span>
</td>
<td class="nump">45.40%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InterestInJointAssociate', window );">Interest in associate and joint venture</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (1,651)<span></span>
</td>
<td class="num">$ (1,245)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GoodwillAndOthers', window );">Goodwill and others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,700<span></span>
</td>
<td class="nump">2,013<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BookValue', window );">Book value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,049<span></span>
</td>
<td class="nump">768<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5<span></span>
</td>
<td class="nump">300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(355)<span></span>
</td>
<td class="num">(292)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(352)<span></span>
</td>
<td class="num">(186)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendDistributionsOfAssociation', window );">Dividend distribution</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(49)<span></span>
</td>
<td class="nump">202<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">255<span></span>
</td>
<td class="num">(37)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(222)<span></span>
</td>
<td class="num">(160)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges', window );">Changes in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(16)<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ShufersalLtdMember', window );">Shufersal Ltd. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,982<span></span>
</td>
<td class="nump">12,764<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">38,606<span></span>
</td>
<td class="nump">23,482<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24,072<span></span>
</td>
<td class="nump">16,556<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">22,100<span></span>
</td>
<td class="nump">12,983<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Net assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 14,416<span></span>
</td>
<td class="nump">$ 6,707<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProportionOfOwnershipInterestInAssociate1', window );">% ownership interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">33.60%<span></span>
</td>
<td class="nump">39.33%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InterestInJointAssociate', window );">Interest in associate and joint venture</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 4,838<span></span>
</td>
<td class="nump">$ 2,638<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GoodwillAndOthers', window );">Goodwill and others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,925<span></span>
</td>
<td class="nump">1,202<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BookValue', window );">Book value</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,763<span></span>
</td>
<td class="nump">3,840<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">60,486<span></span>
</td>
<td class="nump">47,192<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1,187<span></span>
</td>
<td class="nump">1,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Total comprehensive income / (loss)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(76)<span></span>
</td>
<td class="num">(7)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendDistributionsOfAssociation', window );">Dividend distribution</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">455<span></span>
</td>
<td class="num">(265)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Cash of operating activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">3,796<span></span>
</td>
<td class="nump">2,883<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Cash of investing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(4,877)<span></span>
</td>
<td class="num">(1,590)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Cash of financing activities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,937<span></span>
</td>
<td class="num">(1,798)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges', window );">Changes in cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 1,856<span></span>
</td>
<td class="num">$ (505)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">In March 2011, Quality acquired an industrial plant located in San Martin, Province of Buenos Aires. The facilities are suitable for multiple uses. On January 20, 2015, Quality agreed with the Municipality of San Martin on certain re zoning and other urban planning matters ("the Agreement") to surrender a non-significant portion of the land and a monetary consideration of Ps. 40 million, payable in two installments of Ps. 20 each, the first of which was actually paid on June 30, 2015. In July 2017, the Agreement was amended as follows: 1) a revised zoning plan must be submitted within 120 days as from the amendment date, and 2) the second installment of the monetary considerations was increased to Ps. 71 million payables in 18 equal monthly installments. On March 8, 2018, it was agreed with the well-known Gehl Study (Denmark) - Urban Quality Consultant - the elaboration of a Master Plan, generating a modern concept of New Urban District of Mixed Uses.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Information under GAAP applicable in the associate and joint ventures' jurisdiction.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Net of non-controlling interest.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Control was lost in June 30, 2018. See Note 4.G.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of resources: (a) controlled by the entity as a result of past events; and (b) from which future economic benefits are expected to flow to the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) operating activities, which are the principal revenue-producing activities of the entity and other activities that are not investing or financing activities. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents before the effect of exchange rate changes on cash and cash equivalents held in foreign currencies. [Refer: Cash and cash equivalents; Effect of exchange rate changes on cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39L_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=17&amp;date=2018-03-01&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in an increase in equity, other than those relating to contributions from equity participants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_BookValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the book value of joint venture.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_BookValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DividendDistributionsOfAssociation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the dividend distributions of joint association.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DividendDistributionsOfAssociation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GoodwillAndOthers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the goodwill and other of joint venture.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GoodwillAndOthers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InterestInJointAssociate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the joint associate interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InterestInJointAssociate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProportionOfOwnershipInterestInAssociate1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in an associate attributable to the entity. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProportionOfOwnershipInterestInAssociate1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=irsa_QualityInvestMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=irsa_QualityInvestMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointVenturesAxis=irsa_MehadrinMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointVenturesAxis=irsa_MehadrinMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_BHSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_BHSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_PBELMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_PBELMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ShufersalLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ShufersalLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>94
<FILENAME>R87.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852359952">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investments in associates and joint ventures (Details Narrative) - BHSA [Member] - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">Treasury stock</a></td>
<td class="nump">$ 35.2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_UseOfEstimatedInvestment', window );">Use of estimated investment</a></td>
<td class="nump">$ 2,673.0<span></span>
</td>
<td class="nump">$ 4,134.0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_EmployeeCompensationPlan', window );">Employee compensation plan</a></td>
<td class="nump">35.1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows', window );">Description of assumptions for future business cash flows</a></td>
<td class="text">&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
&lt;tr style="vertical-align: top">
    &lt;td style="width: 21.3pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="width: 14.15pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">-&lt;/font>&lt;/td>
    &lt;td style="text-align: justify">&lt;font style="font: 10pt Times New Roman, Times, Serif">The Group considered
    7 years as the horizon for the projection of BHSA cash flows. &lt;/font>&lt;/td>&lt;/tr>
&lt;/table>
&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
&lt;tr style="vertical-align: top">
    &lt;td style="width: 21.3pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="width: 14.15pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">-&lt;/font>&lt;/td>
    &lt;td style="text-align: justify">&lt;font style="font: 10pt Times New Roman, Times, Serif">The &#8220;Private
    BADLAR&#8221; interest rate was projected based on internal data and information gathered from external advisors.&lt;/font>&lt;/td>&lt;/tr>
&lt;/table>
&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
&lt;tr style="vertical-align: top">
    &lt;td style="width: 21.3pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="width: 14.15pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">-&lt;/font>&lt;/td>
    &lt;td style="text-align: justify">&lt;font style="font: 10pt Times New Roman, Times, Serif">The projected exchange
    rate was estimated in accordance with internal data and external information provided by independent consultants.&lt;/font>&lt;/td>&lt;/tr>
&lt;/table>
&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
&lt;tr style="vertical-align: top">
    &lt;td style="width: 21.3pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="width: 14.15pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">-&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif">The discount rate used to discount actual dividend
    flows was 14.01% in 2018 and 12.99% in 2017.&lt;/font>&lt;/td>&lt;/tr>
&lt;/table>
&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; width: 100%">
&lt;tr style="vertical-align: top">
    &lt;td style="width: 21.3pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/td>
    &lt;td style="width: 14.15pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">-&lt;/font>&lt;/td>
    &lt;td>&lt;font style="font: 10pt Times New Roman, Times, Serif">The sensitivity to a 1% increase in the discount
    rate would be a reduction in the value in use of Ps. 237 for 2018 and of Ps. 506 for 2017. The sensitivity to a 1% increase
    in the "Private BADLAR" interest rate it would be an increase in the value in use of Ps. 292 for 2018 and of Ps. 476 for 2017.&lt;/font>&lt;/td>&lt;/tr>
&lt;/table><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>An entity&#8217;s own equity instruments, held by the entity or other members of the consolidated group.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2018-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=32&amp;date=2018-03-01&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of assumptions for future business cash flow.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DescriptionOfAssumptionsForFutureBusinessCashFlows</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_EmployeeCompensationPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The shares of employee compensation plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_EmployeeCompensationPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_UseOfEstimatedInvestment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of use in estimated of investment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_UseOfEstimatedInvestment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_BancoHipotecarioS.A.Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_BancoHipotecarioS.A.Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6873602880">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Investment properties (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Fair value at the beginning of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 99,953<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Fair value at the end of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">162,726<span></span>
</td>
<td class="nump">$ 99,953<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Fair value at the beginning of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,158<span></span>
</td>
<td class="nump">6,594<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,335<span></span>
</td>
<td class="nump">592<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialCostCharged', window );">Financial cost charged</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">22<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalizedLeasingCosts', window );">Capitalized leasing costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5<span></span>
</td>
<td class="nump">23<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AmortizationOfCapitalizedLeasingCosts', window );">Amortization of capitalized leasing costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(3)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls', window );">Transfers</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToPropertyPlantAndEquipment', window );">Transfers from / to property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5)<span></span>
</td>
<td class="num">(17)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToTradingProperties', window );">Transfers to trading properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">353<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToAssetsHeldForSale', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesDeconsolidation', window );">Deconsolidation (see Note 4.G.)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AssetsIncorporatedByBusinessCombination', window );">Assets incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationPreviousPeriods', window );">Reclassifications previous years</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsInvestmentProperty', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(179)<span></span>
</td>
<td class="num">(179)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,437<span></span>
</td>
<td class="nump">1,143<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Fair value at the end of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,125<span></span>
</td>
<td class="nump">8,158<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Fair value at the beginning of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">91,795<span></span>
</td>
<td class="nump">76,109<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,954<span></span>
</td>
<td class="nump">2,059<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialCostCharged', window );">Financial cost charged</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">60<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalizedLeasingCosts', window );">Capitalized leasing costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AmortizationOfCapitalizedLeasingCosts', window );">Amortization of capitalized leasing costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(2)<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls', window );">Transfers</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToPropertyPlantAndEquipment', window );">Transfers from / to property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,705<span></span>
</td>
<td class="nump">173<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToTradingProperties', window );">Transfers to trading properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(14)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToAssetsHeldForSale', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(521)<span></span>
</td>
<td class="num">(71)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesDeconsolidation', window );">Deconsolidation (see Note 4.G.)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,489)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AssetsIncorporatedByBusinessCombination', window );">Assets incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">107<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationPreviousPeriods', window );">Reclassifications previous years</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(224)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsInvestmentProperty', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(392)<span></span>
</td>
<td class="num">(41)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">40,041<span></span>
</td>
<td class="nump">10,494<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,332<span></span>
</td>
<td class="nump">3,310<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Fair value at the end of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 146,601<span></span>
</td>
<td class="nump">$ 91,795<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Amortization charges of capitalized leasing costs were included in "Costs" in the Statements of Income (Note 23).</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to investment property other than those acquired through business combinations. [Refer: Business combinations [member]; Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 76<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_76_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_79_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfInvestmentPropertyLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisposalsInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in investment property resulting from disposals. [Refer: Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 76<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_76_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -Subparagraph d<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_79_d_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisposalsInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) from changes in the fair value of investment property. [Refer: Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 76<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_76_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in investment property resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 76<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_76_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -Subparagraph d<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_79_d_vi&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2019-01-01: The amount of property (land or a building - or part of a building - or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both, rather than for: (a) use in the production or supply of goods or services or for administrative purposes; or (b) sale in the ordinary course of business.
Effective 2019-01-01: The amount of property (land or a building - or part of a building - or both) held (by the owner or by the lessee as a right-of-use asset) to earn rentals or for capital appreciation or both, rather than for: (a) use in the production or supply of goods or services or for administrative purposes; or (b) sale in the ordinary course of business.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 76<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_76&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_79_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AmortizationOfCapitalizedLeasingCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts represents of the amortization of capitalized leasing costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AmortizationOfCapitalizedLeasingCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AssetsIncorporatedByBusinessCombination">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets incorporated by business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AssetsIncorporatedByBusinessCombination</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CapitalizedLeasingCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent about the capitalized leasing costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CapitalizedLeasingCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialCostCharged">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent about the financial cost charged.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialCostCharged</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentPropertiesDeconsolidation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investment properties deconsolidation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentPropertiesDeconsolidation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReclassificationPreviousPeriods">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent about the reclassification previous periods.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReclassificationPreviousPeriods</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts represents of the transfer amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransfersDueToOpeningOfAltoComahueAndDistritoArcosShoppingMalls</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransfersToAssetsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent about the transfer to asset held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransfersToAssetsHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransfersToPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent about the transfer to property, plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransfersToPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransfersToTradingProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent about the transfer to trading properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransfersToTradingProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>96
<FILENAME>R89.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6870761584">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Investment properties (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Total</a></td>
<td class="nump">$ 162,726<span></span>
</td>
<td class="nump">$ 99,953<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertiesMember', window );">Rental Properties [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Total</a></td>
<td class="nump">141,241<span></span>
</td>
<td class="nump">89,301<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_UndevelopedParcelsOfLandMember', window );">Undeveloped Parcels Of Land [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Total</a></td>
<td class="nump">12,608<span></span>
</td>
<td class="nump">7,647<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember', window );">Properties Under Development [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Total</a></td>
<td class="nump">$ 8,877<span></span>
</td>
<td class="nump">$ 3,005<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfInvestmentPropertyLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Expiry date 2019-01-01: The amount of property (land or a building - or part of a building - or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both, rather than for: (a) use in the production or supply of goods or services or for administrative purposes; or (b) sale in the ordinary course of business.
Effective 2019-01-01: The amount of property (land or a building - or part of a building - or both) held (by the owner or by the lessee as a right-of-use asset) to earn rentals or for capital appreciation or both, rather than for: (a) use in the production or supply of goods or services or for administrative purposes; or (b) sale in the ordinary course of business.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 76<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_76&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_79_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_UndevelopedParcelsOfLandMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInvestmentPropertyAxis=irsa_UndevelopedParcelsOfLandMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>97
<FILENAME>R90.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6874573136">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Investment properties (Details 2) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertiesAbstract', window );"><strong>Investment Properties</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RentalIncomeFromInvestmentProperty', window );">Rental and services income</a></td>
<td class="nump">$ 10,671<span></span>
</td>
<td class="nump">$ 8,711<span></span>
</td>
<td class="nump">$ 5,268<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DirectOperatingExpenseFromInvestmentProperty', window );">Direct operating expenses</a></td>
<td class="num">(3,046)<span></span>
</td>
<td class="num">(2,838)<span></span>
</td>
<td class="num">(1,888)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DevelopmentExpenditures', window );">Development expenditures</a></td>
<td class="num">(1,731)<span></span>
</td>
<td class="num">(1,397)<span></span>
</td>
<td class="num">(11)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RealizedInvestmentPropertyGainsLosses', window );">Net realized gain from fair value adjustment of investment properties</a></td>
<td class="nump">227<span></span>
</td>
<td class="nump">128<span></span>
</td>
<td class="nump">908<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_UnrealizedInvestmentPropertyGainsLosses', window );">Net unrealized gain from fair value adjustment of investment properties</a></td>
<td class="nump">$ 22,542<span></span>
</td>
<td class="nump">$ 4,325<span></span>
</td>
<td class="nump">$ 16,651<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DirectOperatingExpenseFromInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of direct operating expenses (including repairs and maintenance) arising from investment property. [Refer: Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 75<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_75_f&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DirectOperatingExpenseFromInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RentalIncomeFromInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of rental income arising from investment property recognised in profit or loss. [Refer: Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2018-01-01<br> -Paragraph 75<br> -Subparagraph f<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=40&amp;date=2018-03-01&amp;anchor=para_75_f_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RentalIncomeFromInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DevelopmentExpenditures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represents about the development expenditures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DevelopmentExpenditures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentPropertiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentPropertiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RealizedInvestmentPropertyGainsLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represents the net income on the change in the fair value of realized investment property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RealizedInvestmentPropertyGainsLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_UnrealizedInvestmentPropertyGainsLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represents the net income on the change in the fair value of unrealized investment property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_UnrealizedInvestmentPropertyGainsLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6892925312">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Investment properties (Details 3) - Level 3 [Member]<br> &#8362; in Millions, $ in Millions, $ in Millions</strong></div></th>
<th class="th" colspan="6">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ARS ($)</div>
</th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Offices [Member] | Discounted Cash Flow [Member] | Discount Rate [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">&#8362; (1,556)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">&#8362; (1,040)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 1,864<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,193<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Offices [Member] | Discounted Cash Flow [Member] | Discount Rate [Member] | Minimum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DiscountRate', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7.00%<span></span>
</td>
<td class="nump">7.00%<span></span>
</td>
<td class="nump">7.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Offices [Member] | Discounted Cash Flow [Member] | Discount Rate [Member] | Maximum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DiscountRate', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9.00%<span></span>
</td>
<td class="nump">9.00%<span></span>
</td>
<td class="nump">9.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Offices [Member] | Discounted Cash Flow [Member] | Weighted Average Rental Value [Member] | Israel, New Shekels</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_WeightedAverageRentalValue', window );">Weighted average rental value (per square meter) | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 63<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,037<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,772<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(3,037)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,772)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Commercial Use [Member] | Discounted Cash Flow [Member] | Discount Rate [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,322)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(759)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 1,457<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">853<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Commercial Use [Member] | Discounted Cash Flow [Member] | Discount Rate [Member] | Minimum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DiscountRate', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7.00%<span></span>
</td>
<td class="nump">7.00%<span></span>
</td>
<td class="nump">7.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Commercial Use [Member] | Discounted Cash Flow [Member] | Discount Rate [Member] | Maximum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DiscountRate', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9.00%<span></span>
</td>
<td class="nump">9.00%<span></span>
</td>
<td class="nump">9.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Commercial Use [Member] | Discounted Cash Flow [Member] | Weighted Average Rental Value [Member] | Israel, New Shekels</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_WeightedAverageRentalValue', window );">Weighted average rental value (per square meter) | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 87<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,640<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,003<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,640)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,003)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Industrial Use [Member] | Discounted Cash Flow [Member] | Discount Rate [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(477)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(316)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 538<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">377<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Industrial Use [Member] | Discounted Cash Flow [Member] | Discount Rate [Member] | Minimum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DiscountRate', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7.75%<span></span>
</td>
<td class="nump">7.75%<span></span>
</td>
<td class="nump">7.75%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Industrial Use [Member] | Discounted Cash Flow [Member] | Discount Rate [Member] | Maximum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DiscountRate', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9.00%<span></span>
</td>
<td class="nump">9.00%<span></span>
</td>
<td class="nump">9.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | ISRAEL | Industrial Use [Member] | Discounted Cash Flow [Member] | Weighted Average Rental Value [Member] | Israel, New Shekels</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_WeightedAverageRentalValue', window );">Weighted average rental value (per square meter) | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 31<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">996<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">599<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">&#8362; (996)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(599)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | UNITED STATES | HSBC Building (Offices) [Member] | Discounted Cash Flow [Member] | Discount Rate [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DiscountRate', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6.25%<span></span>
</td>
<td class="nump">6.25%<span></span>
</td>
<td class="nump">6.25%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">$ (1,212)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (715)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,269<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">765<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | UNITED STATES | HSBC Building (Offices) [Member] | Discounted Cash Flow [Member] | Weighted Average Rental Value [Member] | US Dollar [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_WeightedAverageRentalValue', window );">Weighted average rental value (per square meter) | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 73<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2,654<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,497<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">$ (2,654)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,497)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | UNITED STATES | Las Vegas Project (Offices And Commercial Use) [Member] | Discounted Cash Flow [Member] | Discount Rate [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DiscountRate', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8.50%<span></span>
</td>
<td class="nump">8.50%<span></span>
</td>
<td class="nump">8.50%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">$ (134)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(86)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">141<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">91<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember', window );">Rental Property [Member] | UNITED STATES | Las Vegas Project (Offices And Commercial Use) [Member] | Discounted Cash Flow [Member] | Weighted Average Rental Value [Member] | US Dollar [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_WeightedAverageRentalValue', window );">Weighted average rental value (per square meter) | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 33<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">301<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">$ (301)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (200)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_ShoppingMallsMember', window );">Shopping Malls [Member] | ARGENTINA | Discounted Cash Flow [Member] | Discount Rate [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DiscountRate', window );">Discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9.79%<span></span>
</td>
<td class="nump">9.79%<span></span>
</td>
<td class="nump">9.79%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (5,046)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (3,948)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6,796<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,445<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_ShoppingMallsMember', window );">Shopping Malls [Member] | ARGENTINA | Discounted Cash Flow [Member] | Growth Rate [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrowthRate', window );">Growth rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3.00%<span></span>
</td>
<td class="nump">3.00%<span></span>
</td>
<td class="nump">3.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 3,104<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,464<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(2,307)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,794)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_ShoppingMallsMember', window );">Shopping Malls [Member] | ARGENTINA | Discounted Cash Flow [Member] | Inflation [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AppreciationOfInflationRate', window );">Inflation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,035<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,684<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(3,643)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(2,425)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_ShoppingMallsMember', window );">Shopping Malls [Member] | ARGENTINA | Discounted Cash Flow [Member] | Devaluation [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AppreciationODevaluationRate', window );">Devaluation rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(6,554)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(4,703)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">9,831<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">7,054<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_PlotOfLandMember', window );">Plot Of Land [Member] | ARGENTINA | Comparable With Incidence Adjustment [Member] | Weighted Average Rental Value [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_WeightedAverageRentalValue', window );">Weighted average rental value (per square meter)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">9,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">64<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 65<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(52)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_PlotOfLandMember', window );">Plot Of Land [Member] | ARGENTINA | Comparable With Incidence Adjustment [Member] | % of incidence [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PercentageOfIncidence', window );">Percentage of incidence</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3.00%<span></span>
</td>
<td class="nump">3.00%<span></span>
</td>
<td class="nump">3.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,165<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,168<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (2,167)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">$ (1,202)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember', window );">Properties Under Development [Member] | ISRAEL | Estimated Fair Value Of Investment Property [Member] | Weighted Average Construction Cost [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">&#8362; (377)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(437)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">377<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">437<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember', window );">Properties Under Development [Member] | ISRAEL | Estimated Fair Value Of Investment Property [Member] | Weighted Average Construction Cost [Member] | Israel, New Shekels</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_WeightedAverageConstructionCost', window );">Weighted average construction cost (per square meter) | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,787<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreasesInSensitivityAnalysis', window );">Increases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreasesInSensitivityAnalysis', window );">Decreases in sensitivity analysis | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember', window );">Properties Under Development [Member] | ISRAEL | Estimated Fair Value Of Investment Property [Member] | Weighted Average Construction Cost [Member] | Minimum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_WeightedAverageDiscountRatePercent1', window );">Annual weighted average discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7.00%<span></span>
</td>
<td class="nump">7.00%<span></span>
</td>
<td class="nump">7.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_InvestmentPropertyUnderConstructionOrDevelopmentMember', window );">Properties Under Development [Member] | ISRAEL | Estimated Fair Value Of Investment Property [Member] | Weighted Average Construction Cost [Member] | Maximum [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems', window );"><strong>Disclosure of detailed information about investment property [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_WeightedAverageDiscountRatePercent1', window );">Annual weighted average discount rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9.00%<span></span>
</td>
<td class="nump">9.00%<span></span>
</td>
<td class="nump">9.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="8"></td></tr>
<tr><td colspan="8"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Considering an increase or decrease of: 100 points for the discount and growth rate in Argentina, 10% for the incidence and inflation, 20% for the devaluation, 50 points for the discount rate of Israel and USA, and 1% for the value of the m2.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">For the next 5 years, an average AR$ / US$ exchange rate with an upward trend was considered, starting at Ps. 19.51 (corresponding to the year ended June 30, 2018) and arriving at Ps. 49.05. In the long term, a nominal devaluation rate of 5.6% calculated based on the quotient between inflation in Argentina and the United States is assumed. The considered inflation shows a downward trend, which starts at 25.0% (corresponding to the year ended June 30, 2018) and stabilizes at 8% after 10 years. These premises were determined at the closing date of the fiscal year.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfInvestmentPropertyLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfInvestmentPropertyLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AppreciationODevaluationRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent of the devaluation rate +10%.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AppreciationODevaluationRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AppreciationOfInflationRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent of the inflation 10%.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AppreciationOfInflationRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DecreasesInSensitivityAnalysis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of decreases in sensitivity analysis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DecreasesInSensitivityAnalysis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DiscountRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage represents about the discount rate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DiscountRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GrowthRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage represents about the growth rate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GrowthRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreasesInSensitivityAnalysis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increases in sensitivity analysis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreasesInSensitivityAnalysis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PercentageOfIncidence">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of comparable with incidence adjustment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PercentageOfIncidence</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_WeightedAverageConstructionCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent of the weighted average construction cost.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_WeightedAverageConstructionCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_WeightedAverageDiscountRatePercent1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average discount rate applied to insurance contracts to determine future policy benefits to be paid to or on behalf of policyholders.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_WeightedAverageDiscountRatePercent1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_WeightedAverageRentalValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent about the weighted average rental value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_WeightedAverageRentalValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInvestmentPropertyAxis=irsa_RentalPropertyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=irsa_ILMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=irsa_ILMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_UsesRentalProperty1Axis=irsa_OfficesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_UsesRentalProperty1Axis=irsa_OfficesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=ifrs-full_DiscountedCashFlowMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=ifrs-full_DiscountedCashFlowMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FairValueParameterAxis=irsa_DiscountRateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FairValueParameterAxis=irsa_DiscountRateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FairValueParameterAxis=irsa_WeightedAverageRentalValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FairValueParameterAxis=irsa_WeightedAverageRentalValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=irsa_ILSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=irsa_ILSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_UsesRentalProperty1Axis=irsa_CommercialUseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<td><strong> Name:</strong></td>
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<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInvestmentPropertyAxis=irsa_PlotOfLandMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<td style="white-space:nowrap;">ifrs-full_TypesOfInvestmentPropertyAxis=irsa_PlotOfLandMember</td>
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<td style="white-space:nowrap;">ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_ComparableWithIncidenceAdjustmentMember</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FairValueParameterAxis=irsa_PercentageOfIncidenceMember">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FairValueParameterAxis=irsa_PercentageOfIncidenceMember</td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>99
<FILENAME>R92.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6871880128">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Property, plant and equipment (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 27,113<span></span>
</td>
<td class="nump">$ 24,049<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,984<span></span>
</td>
<td class="nump">2,751<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(95)<span></span>
</td>
<td class="num">(241)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation4', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(29,001)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,557)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment / recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(69)<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Assets incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">217<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,332<span></span>
</td>
<td class="nump">5,013<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfers from / to investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,568)<span></span>
</td>
<td class="num">(156)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DepreciationCharges', window );">Depreciation charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(3,510)<span></span>
</td>
<td class="num">(2,758)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,403<span></span>
</td>
<td class="nump">27,113<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32,316<span></span>
</td>
<td class="nump">25,839<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,366<span></span>
</td>
<td class="nump">32,316<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated Depreciation [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,203)<span></span>
</td>
<td class="num">(1,790)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,963)<span></span>
</td>
<td class="num">(5,203)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings And Facilities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,155<span></span>
</td>
<td class="nump">13,273<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,098<span></span>
</td>
<td class="nump">737<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(17)<span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation4', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(22,744)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(28)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment / recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(69)<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Assets incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">104<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,057<span></span>
</td>
<td class="nump">2,948<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfers from / to investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,568)<span></span>
</td>
<td class="num">(156)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DepreciationCharges', window );">Depreciation charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(903)<span></span>
</td>
<td class="num">(627)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,113<span></span>
</td>
<td class="nump">16,155<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings And Facilities [Member] | Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17,573<span></span>
</td>
<td class="nump">13,886<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,809<span></span>
</td>
<td class="nump">17,573<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings And Facilities [Member] | Accumulated Depreciation [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,418)<span></span>
</td>
<td class="num">(613)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(696)<span></span>
</td>
<td class="num">(1,418)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery And Equipment [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,462<span></span>
</td>
<td class="nump">2,813<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">999<span></span>
</td>
<td class="nump">634<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(24)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation4', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,941)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(16)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment / recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Assets incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">113<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,418<span></span>
</td>
<td class="nump">627<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfers from / to investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DepreciationCharges', window );">Depreciation charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(713)<span></span>
</td>
<td class="num">(588)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">314<span></span>
</td>
<td class="nump">3,462<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery And Equipment [Member] | Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,614<span></span>
</td>
<td class="nump">3,203<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">489<span></span>
</td>
<td class="nump">4,614<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery And Equipment [Member] | Accumulated Depreciation [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,152)<span></span>
</td>
<td class="num">(390)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(175)<span></span>
</td>
<td class="num">(1,152)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_CommunicationAndNetworkEquipmentMember', window );">Communication Networks [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,162<span></span>
</td>
<td class="nump">5,410<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">971<span></span>
</td>
<td class="nump">711<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(45)<span></span>
</td>
<td class="num">(23)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation4', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment / recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Assets incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,827<span></span>
</td>
<td class="nump">1,148<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfers from / to investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DepreciationCharges', window );">Depreciation charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(1,297)<span></span>
</td>
<td class="num">(1,084)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,618<span></span>
</td>
<td class="nump">6,162<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_CommunicationAndNetworkEquipmentMember', window );">Communication Networks [Member] | Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,156<span></span>
</td>
<td class="nump">5,974<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,975<span></span>
</td>
<td class="nump">8,156<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_CommunicationAndNetworkEquipmentMember', window );">Communication Networks [Member] | Accumulated Depreciation [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,994)<span></span>
</td>
<td class="num">(564)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,357)<span></span>
</td>
<td class="num">(1,994)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,334<span></span>
</td>
<td class="nump">2,553<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">916<span></span>
</td>
<td class="nump">669<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(9)<span></span>
</td>
<td class="num">(206)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation4', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(316)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment', window );">Reclassification to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,513)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">Impairment / recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Assets incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,030<span></span>
</td>
<td class="nump">290<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfers from / to investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DepreciationCharges', window );">Depreciation charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="num">(597)<span></span>
</td>
<td class="num">(459)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">2,358<span></span>
</td>
<td class="nump">1,334<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Others [Member] | Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,973<span></span>
</td>
<td class="nump">2,776<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">4,093<span></span>
</td>
<td class="nump">1,973<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Others [Member] | Accumulated Depreciation [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract', window );"><strong>Changes in property, plant and equipment [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(639)<span></span>
</td>
<td class="num">(223)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Net book amount at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">$ (1,735)<span></span>
</td>
<td class="num">$ (639)<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">See Note 4.D. Includes other non-significant business combinations.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">As of June 30, 2018 and 2017, depreciation charges of property, plant and equipment were recognized: Ps. 1,764 and Ps. 1,522 in "Costs", Ps. 175 and Ps. 251 in "General and administrative expenses" and Ps. 32 and Ps. 889 in "Selling expenses", respectively in the Statements of Income, (Note 23). In addition, a depreciation charge in the amount of Ps. 1,539 and Ps. 96, was recognized in "Discontinued operations" as of June 30, 2018 and 2017, respectively.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Includes furniture and fixtures, vehicles and aircrafts which have been reclassified to held for sale. (See Note 4)</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in property, plant and equipment resulting from acquisitions through business combinations. [Refer: Business combinations [member]; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_73_e_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to property, plant and equipment other than those acquired through business combinations. [Refer: Business combinations [member]; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_73_e_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in property, plant and equipment through classification as held for sale or inclusion in a disposal group classified as held for sale. [Refer: Disposal groups classified as held for sale [member]; Property, plant and equipment; Disposal groups classified as held for sale [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_73_e_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisposalsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in property, plant and equipment resulting from disposals. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_73_e_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisposalsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of impairment loss recognised in profit or loss for property, plant and equipment. [Refer: Impairment loss recognised in profit or loss; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_73_e_v&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 98<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_98_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_73_e_viii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from transfers and changes that the entity does not separately disclose in the same statement or note. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2018-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=16&amp;date=2018-03-01&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Deconsolidation4">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refer to deconsolidation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Deconsolidation4</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DepreciationCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DepreciationCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_CommunicationAndNetworkEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_CommunicationAndNetworkEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>100
<FILENAME>R93.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6872257680">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Property, plant and equipment (Details Narrative) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Discontinued Operations [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DepreciationCharge', window );">Depreciation charge</a></td>
<td class="nump">$ 1,539<span></span>
</td>
<td class="nump">$ 96<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeStatementLocation1Axis=irsa_CostOfSales1Member', window );">Costs [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DepreciationCharge', window );">Depreciation charge</a></td>
<td class="nump">1,764<span></span>
</td>
<td class="nump">1,522<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeStatementLocation1Axis=irsa_GeneralAndAdministrativeExpensesMember', window );">General And Administrative Expenses [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DepreciationCharge', window );">Depreciation charge</a></td>
<td class="nump">175<span></span>
</td>
<td class="nump">251<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeStatementLocation1Axis=irsa_SellingExpensesMember', window );">Selling Expenses [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DepreciationCharge', window );">Depreciation charge</a></td>
<td class="nump">$ 32<span></span>
</td>
<td class="nump">$ 889<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DepreciationCharge">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts represent the depreciation charge.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DepreciationCharge</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeStatementLocation1Axis=irsa_CostOfSales1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeStatementLocation1Axis=irsa_CostOfSales1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeStatementLocation1Axis=irsa_GeneralAndAdministrativeExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeStatementLocation1Axis=irsa_GeneralAndAdministrativeExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeStatementLocation1Axis=irsa_SellingExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeStatementLocation1Axis=irsa_SellingExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>101
<FILENAME>R94.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6872205904">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Trading properties (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsLineItems', window );"><strong>Disclosure of financial assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAsset', window );">Beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 5,781<span></span>
</td>
<td class="nump">$ 4,971<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsOfTradingProperties', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,870<span></span>
</td>
<td class="nump">1,229<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialCostsCapitalized', window );">Financial costs capitalized</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment1', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,649<span></span>
</td>
<td class="nump">971<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferOfTradingProperties', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersOfIntangibleAssets', window );">Transfers from intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9<span></span>
</td>
<td class="nump">13<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersOfInvestmentProperties', window );">Transfers from investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(353)<span></span>
</td>
<td class="nump">14<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisposalsOfTradingProperties', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,717)<span></span>
</td>
<td class="num">(1,417)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAsset', window );">Ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,250<span></span>
</td>
<td class="nump">5,781<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_CompletedPropertiesMember', window );">Completed Properties [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsLineItems', window );"><strong>Disclosure of financial assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAsset', window );">Beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">801<span></span>
</td>
<td class="nump">236<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsOfTradingProperties', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialCostsCapitalized', window );">Financial costs capitalized</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment1', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">866<span></span>
</td>
<td class="nump">152<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferOfTradingProperties', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,435<span></span>
</td>
<td class="nump">1,101<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersOfIntangibleAssets', window );">Transfers from intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9<span></span>
</td>
<td class="nump">13<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersOfInvestmentProperties', window );">Transfers from investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisposalsOfTradingProperties', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(516)<span></span>
</td>
<td class="num">(703)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAsset', window );">Ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,609<span></span>
</td>
<td class="nump">801<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_PropertiesUnderDevelopmentMember', window );">Properties Under Development [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsLineItems', window );"><strong>Disclosure of financial assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAsset', window );">Beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3,972<span></span>
</td>
<td class="nump">3,533<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsOfTradingProperties', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,683<span></span>
</td>
<td class="nump">1,188<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialCostsCapitalized', window );">Financial costs capitalized</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">11<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment1', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2,207<span></span>
</td>
<td class="nump">652<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferOfTradingProperties', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(1,332)<span></span>
</td>
<td class="num">(687)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersOfIntangibleAssets', window );">Transfers from intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersOfInvestmentProperties', window );">Transfers from investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(353)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisposalsOfTradingProperties', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(1,162)<span></span>
</td>
<td class="num">(714)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAsset', window );">Ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5,026<span></span>
</td>
<td class="nump">3,972<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_UndevelopedSitesMember', window );">Undeveloped Sites [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsLineItems', window );"><strong>Disclosure of financial assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAsset', window );">Beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,008<span></span>
</td>
<td class="nump">1,202<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsOfTradingProperties', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">173<span></span>
</td>
<td class="nump">39<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialCostsCapitalized', window );">Financial costs capitalized</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment1', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">576<span></span>
</td>
<td class="nump">167<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferOfTradingProperties', window );">Transfer</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(103)<span></span>
</td>
<td class="num">(414)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersOfIntangibleAssets', window );">Transfers from intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersOfInvestmentProperties', window );">Transfers from investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">14<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DisposalsOfTradingProperties', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(39)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAsset', window );">Ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 1,615<span></span>
</td>
<td class="nump">$ 1,008<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Zetol and Vista al Muelle plots of land, which have been mortgaged to secure Group's borrowings. The net book value amounted to Ps. 306 and Ps. 190 as of June 30, 2018 and 2017, respectively. Additionally, the Group has contractual obligations not provisioned related to these plot of lands committed when certain properties were acquired or real estate projects were approved, and amount to Ps. 372 and Ps. 135, respectively. Both projects are expected to be completed in 2029.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AdditionsOfTradingProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trading properties additions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AdditionsOfTradingProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CumulativeTranslationAdjustment1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cumulative translation adjustment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CumulativeTranslationAdjustment1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DisposalsOfTradingProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trading properties disposals.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DisposalsOfTradingProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialCostsCapitalized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aamount of financial cost capitalized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialCostsCapitalized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradingPropertiesAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represent of the beginning or ending amount balance in that year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradingPropertiesAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransferOfTradingProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trading properties transfer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransferOfTradingProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransfersOfIntangibleAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represents of the transfers of intangible assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransfersOfIntangibleAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransfersOfInvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount transfers of investment properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransfersOfInvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_CompletedPropertiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_CompletedPropertiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_PropertiesUnderDevelopmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_PropertiesUnderDevelopmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_UndevelopedSitesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_UndevelopedSitesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>102
<FILENAME>R95.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852342816">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trading properties (Details1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAbstract', window );"><strong>Trading Properties</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesNonCurrent', window );">Non-current</a></td>
<td class="nump">$ 6,018<span></span>
</td>
<td class="nump">$ 4,532<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesCurrent', window );">Current</a></td>
<td class="nump">3,232<span></span>
</td>
<td class="nump">1,249<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAsset1', window );">Total</a></td>
<td class="nump">$ 9,250<span></span>
</td>
<td class="nump">$ 5,781<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradingPropertiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradingPropertiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradingPropertiesAsset1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trading properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradingPropertiesAsset1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradingPropertiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current properties of trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradingPropertiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradingPropertiesNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non current properties of trading.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradingPropertiesNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>103
<FILENAME>R96.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6869271120">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trading properties (Details Narrative) - Argentina, Pesos - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsLineItems', window );"><strong>Disclosure of financial assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetBookValueOfProperties', window );">Net Book Value of Properties</a></td>
<td class="nump">$ 306<span></span>
</td>
<td class="nump">$ 190<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ContractualObligationAmount', window );">Contractual obligation amount</a></td>
<td class="nump">$ 372<span></span>
</td>
<td class="nump">$ 135<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ContractualObligationAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of contractual obligation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ContractualObligationAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetBookValueOfProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net book value of properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetBookValueOfProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_ARS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_ARS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>104
<FILENAME>R97.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6869372176">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Intangible assets (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th" colspan="2"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 12,387<span></span>
</td>
<td class="nump">$ 11,763<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">647<span></span>
</td>
<td class="nump">612<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(52)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationPreviousPeriods1', window );">Out-of-year adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">31<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Transfers to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(182)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToTradingProperties1', window );">Transfers to trading properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Assets incorporated by business combination (Note 4)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,009<span></span>
</td>
<td class="nump">26<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfIntangibleAsset', window );">Deconsolidation (see Note 4.G.)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,108)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,370<span></span>
</td>
<td class="nump">2,284<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(1,999)<span></span>
</td>
<td class="num">(2,082)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,297<span></span>
</td>
<td class="nump">12,387<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,317<span></span>
</td>
<td class="nump">12,979<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">20,926<span></span>
</td>
<td class="nump">16,317<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember', window );">Accumulated Amortization [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,930)<span></span>
</td>
<td class="num">(1,216)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(8,629)<span></span>
</td>
<td class="num">(3,930)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">2,778<span></span>
</td>
<td class="nump">2,214<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationPreviousPeriods1', window );">Out-of-year adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">31<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Transfers to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToTradingProperties1', window );">Transfers to trading properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Assets incorporated by business combination (Note 4)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">994<span></span>
</td>
<td class="nump">26<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfIntangibleAsset', window );">Deconsolidation (see Note 4.G.)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(2,666)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,980<span></span>
</td>
<td class="nump">507<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">3,086<span></span>
</td>
<td class="nump">2,778<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [Member] | Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">2,778<span></span>
</td>
<td class="nump">2,214<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,086<span></span>
</td>
<td class="nump">2,778<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [Member] | Accumulated Amortization [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_BrandNamesMember', window );">Trademarks [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,954<span></span>
</td>
<td class="nump">3,355<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationPreviousPeriods1', window );">Out-of-year adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Transfers to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(81)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToTradingProperties1', window );">Transfers to trading properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Assets incorporated by business combination (Note 4)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfIntangibleAsset', window );">Deconsolidation (see Note 4.G.)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,393)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,561<span></span>
</td>
<td class="nump">732<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(45)<span></span>
</td>
<td class="num">(52)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,077<span></span>
</td>
<td class="nump">3,954<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_BrandNamesMember', window );">Trademarks [Member] | Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,029<span></span>
</td>
<td class="nump">3,378<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,274<span></span>
</td>
<td class="nump">4,029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_BrandNamesMember', window );">Trademarks [Member] | Accumulated Amortization [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(75)<span></span>
</td>
<td class="num">(23)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(197)<span></span>
</td>
<td class="num">(75)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_LicencesMember', window );">Licenses [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">792<span></span>
</td>
<td class="nump">759<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationPreviousPeriods1', window );">Out-of-year adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Transfers to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToTradingProperties1', window );">Transfers to trading properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Assets incorporated by business combination (Note 4)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfIntangibleAsset', window );">Deconsolidation (see Note 4.G.)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">470<span></span>
</td>
<td class="nump">148<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(86)<span></span>
</td>
<td class="num">(115)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,176<span></span>
</td>
<td class="nump">792<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_LicencesMember', window );">Licenses [Member] | Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,002<span></span>
</td>
<td class="nump">817<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,657<span></span>
</td>
<td class="nump">1,002<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_LicencesMember', window );">Licenses [Member] | Accumulated Amortization [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(210)<span></span>
</td>
<td class="num">(58)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(481)<span></span>
</td>
<td class="num">(210)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember', window );">Customer Relations [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,562<span></span>
</td>
<td class="nump">3,219<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationPreviousPeriods1', window );">Out-of-year adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Transfers to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(36)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToTradingProperties1', window );">Transfers to trading properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Assets incorporated by business combination (Note 4)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfIntangibleAsset', window );">Deconsolidation (see Note 4.G.)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(442)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,126<span></span>
</td>
<td class="nump">494<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(945)<span></span>
</td>
<td class="num">(1,115)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,301<span></span>
</td>
<td class="nump">2,562<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember', window );">Customer Relations [Member] | Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,746<span></span>
</td>
<td class="nump">3,923<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,933<span></span>
</td>
<td class="nump">4,746<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember', window );">Customer Relations [Member] | Accumulated Amortization [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,184)<span></span>
</td>
<td class="num">(704)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,632)<span></span>
</td>
<td class="num">(2,184)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_ComputerSoftwareMember', window );">Information Systems And Software [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,289<span></span>
</td>
<td class="nump">948<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">567<span></span>
</td>
<td class="nump">582<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationPreviousPeriods1', window );">Out-of-year adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Transfers to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(21)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToTradingProperties1', window );">Transfers to trading properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Assets incorporated by business combination (Note 4)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfIntangibleAsset', window );">Deconsolidation (see Note 4.G.)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(497)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">823<span></span>
</td>
<td class="nump">233<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(528)<span></span>
</td>
<td class="num">(453)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,654<span></span>
</td>
<td class="nump">1,289<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_ComputerSoftwareMember', window );">Information Systems And Software [Member] | Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,103<span></span>
</td>
<td class="nump">1,189<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,281<span></span>
</td>
<td class="nump">2,103<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_ComputerSoftwareMember', window );">Information Systems And Software [Member] | Accumulated Amortization [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(814)<span></span>
</td>
<td class="num">(241)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,627)<span></span>
</td>
<td class="num">(814)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=irsa_ContractsAndOthersMember', window );">Contracts And Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="nump">1,012<span></span>
</td>
<td class="nump">1,268<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="nump">80<span></span>
</td>
<td class="nump">30<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill', window );">Disposals</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(52)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationPreviousPeriods1', window );">Out-of-year adjustments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill', window );">Transfers to assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(44)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransfersToTradingProperties1', window );">Transfers to trading properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="num">(9)<span></span>
</td>
<td class="num">(13)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Assets incorporated by business combination (Note 4)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[4],[5]</sup></td>
<td class="nump">15<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfIntangibleAsset', window );">Deconsolidation (see Note 4.G.)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="num">(110)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="nump">410<span></span>
</td>
<td class="nump">170<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2],[4],[5]</sup></td>
<td class="num">(395)<span></span>
</td>
<td class="num">(347)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="nump">1,003<span></span>
</td>
<td class="nump">1,012<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=irsa_ContractsAndOthersMember', window );">Contracts And Others [Member] | Costs [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="nump">1,659<span></span>
</td>
<td class="nump">1,458<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,695<span></span>
</td>
<td class="nump">1,659<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=irsa_ContractsAndOthersMember', window );">Contracts And Others [Member] | Accumulated Amortization [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Net book amount at the beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
<td class="num">(647)<span></span>
</td>
<td class="num">(190)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at the end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (1,692)<span></span>
</td>
<td class="num">$ (647)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4],[5]</sup></td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">See Note 4.D. Includes other non-significant business combinations.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Amortization charge was recognized in the amount of Ps. 482 and Ps. 487 under "Costs", in the amount of Ps. 399 and Ps. 333 under "General and administrative expenses" and Ps. 880 and Ps. 1,231 under "Selling expenses" as of June 30, 2018 and 2017, respectively in the Statements of Income (Note 23). In addition, a charge of Ps. 238 and Ps. 31 was recognized under "Discontinued operations" as of June 30, 2018 and 2017, respectively.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">The goodwill assigned to real estate in Israel amounts to NIS 155 (Ps. 907 at the exchange rate at the end of the financial year 2018), that assigned to telecommunications amounts to NIS 268 (Ps. 2,114 at the exchange rate at the end of the financial year 2018) and the one assigned to supermarkets amounted to NIS 192. The rest is goodwill that is allocated to the real estate segment of Argentina.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Includes "Rights of use". Corresponds to Distrito Arcos</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">Includes "Rights to receive future units under barter agreements". Corresponds to receivables in kind representing the right to receive residential apartments in the future under barter agreements. Caballito: On June 29, 2011, the Group and TGLT entered into a barter agreement in the amount of US$ 12.8. In 2013, a neighborhood association secured a preliminary injunction which suspended the works to be carried out by TGLT in the property and started a claim against GCBA and TGLT. As a consequence of the unfavorable rulings rendered by lower courts and appellate courts in the cited proceeding, the Group and TGLT reached a settlement agreement dated December 30 2016, whereby they agreed to provide a deed for the revocation of the barter agreement, after TGLT resolved certain issues. Consequently, the Group has decided to deregister the intangible asset related to this transaction, thus recognizing a loss of Ps. 27.7. Subsequently, on April 26, 2018, the deed for the revocation was signed, which extinguished the obligations arising from the barter agreement dated June 29, 2011, and its amending agreements. Thus, the Group has received the property located in Caballito again.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in intangible assets and goodwill resulting from acquisitions through business combinations. [Refer: Business combinations [member]; Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2018-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=38&amp;date=2018-03-01&amp;anchor=para_118_e_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to intangible assets other than goodwill, other than those acquired through business combinations. [Refer: Business combinations [member]; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2018-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=38&amp;date=2018-03-01&amp;anchor=para_118_e_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation of intangible assets other than goodwill. [Refer: Depreciation and amortisation expense; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2018-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=38&amp;date=2018-03-01&amp;anchor=para_118_e_vi&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in intangible assets and goodwill resulting from classification as held for sale or inclusion in a disposal group classified as held for sale. [Refer: Disposal groups classified as held for sale [member]; Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2018-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=38&amp;date=2018-03-01&amp;anchor=para_118_e_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DecreaseThroughClassifiedAsHeldForSaleIntangibleAssetsAndGoodwill</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisposalsIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in intangible assets and goodwill resulting from disposals. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2018-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=38&amp;date=2018-03-01&amp;anchor=para_118_e_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisposalsIntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in intangible assets and goodwill resulting from the net exchange differences arising when the financial statements are translated from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2018-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=38&amp;date=2018-03-01&amp;anchor=para_118_e_vii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of intangible assets and goodwill held by the entity. [Refer: Goodwill; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeconsolidationOfIntangibleAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of intangible asset deconsolidation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeconsolidationOfIntangibleAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReclassificationPreviousPeriods1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of reclassification previous periods.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReclassificationPreviousPeriods1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransfersToTradingProperties1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of transfers to trading properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransfersToTradingProperties1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember</td>
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<td><strong> Data Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_BrandNamesMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_LicencesMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsAndGoodwillAxis=ifrs-full_ComputerSoftwareMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Intangible assets (Details Narrative)<br> $ in Millions, $ in Millions</strong></div></th>
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<th class="th"><div>Dec. 30, 2016</div></th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
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<th class="th">
<div>Jun. 30, 2017 </div>
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<th class="th">
<div>Jun. 29, 2011 </div>
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<td class="nump">$ 238<span></span>
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</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RevocationofAgreementDescription', window );">Description of revocation</a></td>
<td class="text">In 2013, a neighborhood association secured a preliminary injunction which suspended the works to be carried out by TGLT in
the property and started a claim against GCBA and TGLT.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RecognitionOfLoss', window );">recognition loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">27,700,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomesStatementLocationsAxis=irsa_CostsOfSalesMember', window );">Costs [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AmortizationCharges', window );">Amortization charge</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">482<span></span>
</td>
<td class="nump">487<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomesStatementLocationsAxis=irsa_GeneralAndAdministrativeExpensesMember', window );">General And Administrative Expenses [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AmortizationCharges', window );">Amortization charge</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">399<span></span>
</td>
<td class="nump">333<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomesStatementLocationsAxis=irsa_GeneralAndAdministrativeExpensesMember', window );">General And Administrative Expenses [Member] | USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrincipalAmount', window );">Principal amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 12,800,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomesStatementLocationsAxis=irsa_SellingExpensesMember', window );">Selling Expenses [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AmortizationCharges', window );">Amortization charge</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 880<span></span>
</td>
<td class="nump">$ 1,231<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AmortizationCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amoun represent amortization charge of intangible asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AmortizationCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PrincipalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the principal amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PrincipalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RecognitionOfLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the recognition of loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RecognitionOfLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RevocationofAgreementDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the revocation of agreement description.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RevocationofAgreementDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ArrangementTypeAxis=irsa_BarterAgreementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ArrangementTypeAxis=irsa_BarterAgreementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomesStatementLocationsAxis=irsa_CostsOfSalesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomesStatementLocationsAxis=irsa_CostsOfSalesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomesStatementLocationsAxis=irsa_GeneralAndAdministrativeExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomesStatementLocationsAxis=irsa_GeneralAndAdministrativeExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomesStatementLocationsAxis=irsa_SellingExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomesStatementLocationsAxis=irsa_SellingExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6896612976">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Financial instruments by category (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 61,130<span></span>
</td>
<td class="nump">$ 43,959<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">101,801<span></span>
</td>
<td class="nump">66,906<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,246<span></span>
</td>
<td class="nump">3,819<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">107,047<span></span>
</td>
<td class="nump">70,725<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">216,882<span></span>
</td>
<td class="nump">145,577<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilities', window );">Subtotal financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">217,087<span></span>
</td>
<td class="nump">145,749<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialLiabilities', window );">Non-financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,836<span></span>
</td>
<td class="nump">7,713<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">224,923<span></span>
</td>
<td class="nump">153,462<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,265<span></span>
</td>
<td class="nump">16,166<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilities', window );">Subtotal financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10,265<span></span>
</td>
<td class="nump">16,166<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialLiabilities', window );">Non-financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,836<span></span>
</td>
<td class="nump">7,713<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">18,101<span></span>
</td>
<td class="nump">23,879<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_BorrowingsExcludingFinanceLeasesMember', window );">Borrowings Excluding Finance Leases [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">206,617<span></span>
</td>
<td class="nump">129,411<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilities', window );">Subtotal financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">206,617<span></span>
</td>
<td class="nump">129,411<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialLiabilities', window );">Non-financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">206,617<span></span>
</td>
<td class="nump">129,411<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_ForeignCurrencyFutureContractsMember', window );">Foreign Currency Future Contracts [member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilities', window );">Subtotal financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialLiabilities', window );">Non-financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_ForwardsMember', window );">Forwards [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilities', window );">Subtotal financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">118<span></span>
</td>
<td class="nump">167<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialLiabilities', window );">Non-financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">118<span></span>
</td>
<td class="nump">167<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_SwapsMember', window );">Swaps [member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilities', window );">Subtotal financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">47<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialLiabilities', window );">Non-financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">47<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_OtherDerivativeFinancialInstrumentsMember', window );">Other Derivative Financial Instruments [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilities', window );">Subtotal financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialLiabilities', window );">Non-financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_Borrowings1Member', window );">Borrowings [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Financial liabilities at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">129,411<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilities', window );">Subtotal financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">129,411<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialLiabilities', window );">Non-financial liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">129,411<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsCategoryMember', window );">Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_RestrictedAssetsMember', window );">Restricted Assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">6,289<span></span>
</td>
<td class="nump">954<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6,289<span></span>
</td>
<td class="nump">954<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6,289<span></span>
</td>
<td class="nump">954<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">37,983<span></span>
</td>
<td class="nump">21,394<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 [Member] | Trade And Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 [Member] | Foreign Currency Future Contracts [member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 [Member] | Forwards [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 [Member] | Swaps [member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 [Member] | Other Derivative Financial Instruments [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 [Member] | Borrowings [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 [Member] | Restricted Assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">592<span></span>
</td>
<td class="nump">507<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">173<span></span>
</td>
<td class="nump">157<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [Member] | Trade And Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [Member] | Foreign Currency Future Contracts [member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [Member] | Forwards [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">118<span></span>
</td>
<td class="nump">152<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [Member] | Swaps [member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">47<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [Member] | Other Derivative Financial Instruments [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [Member] | Borrowings [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [Member] | Restricted Assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,096<span></span>
</td>
<td class="nump">1,046<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24<span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 [Member] | Trade And Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 [Member] | Borrowings Excluding Finance Leases [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 [Member] | Foreign Currency Future Contracts [member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 [Member] | Forwards [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 [Member] | Swaps [member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 [Member] | Other Derivative Financial Instruments [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 [Member] | Borrowings [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Financial liabilities at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember', window );">Level 3 [Member] | Restricted Assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember', window );">Trade And Other Receivables Excluding The Allowance For Doubtful Accounts And Other Receivables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">18,648<span></span>
</td>
<td class="nump">18,731<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">18,648<span></span>
</td>
<td class="nump">18,731<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,246<span></span>
</td>
<td class="nump">3,819<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,894<span></span>
</td>
<td class="nump">22,550<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember', window );">Trade And Other Receivables Excluding The Allowance For Doubtful Accounts And Other Receivables [Member] | Level 1 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember', window );">Trade And Other Receivables Excluding The Allowance For Doubtful Accounts And Other Receivables [Member] | Level 2 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember', window );">Trade And Other Receivables Excluding The Allowance For Doubtful Accounts And Other Receivables [Member] | Level 3 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_PublicCompaniesSecuritiesMember', window );">Public Companies Securities [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">135<span></span>
</td>
<td class="nump">82<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">135<span></span>
</td>
<td class="nump">82<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_PublicCompaniesSecuritiesMember', window );">Public Companies Securities [Member] | Level 1 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_PublicCompaniesSecuritiesMember', window );">Public Companies Securities [Member] | Level 2 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_PublicCompaniesSecuritiesMember', window );">Public Companies Securities [Member] | Level 3 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">135<span></span>
</td>
<td class="nump">82<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_PrivateCompaniesSecuritiesMember', window );">Private Companies Securities [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,168<span></span>
</td>
<td class="nump">964<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,168<span></span>
</td>
<td class="nump">964<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_PrivateCompaniesSecuritiesMember', window );">Private Companies Securities [Member] | Level 1 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_PrivateCompaniesSecuritiesMember', window );">Private Companies Securities [Member] | Level 2 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_PrivateCompaniesSecuritiesMember', window );">Private Companies Securities [Member] | Level 3 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,168<span></span>
</td>
<td class="nump">964<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_Deposits1Member', window );">Deposits [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,397<span></span>
</td>
<td class="nump">1,235<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,397<span></span>
</td>
<td class="nump">1,235<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,397<span></span>
</td>
<td class="nump">1,235<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_Deposits1Member', window );">Deposits [Member] | Level 1 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_Deposits1Member', window );">Deposits [Member] | Level 2 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_Deposits1Member', window );">Deposits [Member] | Level 3 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_Bonds1Member', window );">Bonds [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">10<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">515<span></span>
</td>
<td class="nump">425<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">515<span></span>
</td>
<td class="nump">425<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_Bonds1Member', window );">Bonds [Member] | Level 1 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_Bonds1Member', window );">Bonds [Member] | Level 2 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">505<span></span>
</td>
<td class="nump">425<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_Bonds1Member', window );">Bonds [Member] | Level 3 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_OthersInvestmentInFinancialAssetsMember', window );">Others [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">793<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">793<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_OthersInvestmentInFinancialAssetsMember', window );">Others [Member] | Level 1 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_OthersInvestmentInFinancialAssetsMember', window );">Others [Member] | Level 2 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_OthersInvestmentInFinancialAssetsMember', window );">Others [Member] | Level 3 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">793<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_InvestmentsInFinancialAssetsWithQuotationMember', window );">Investments In Financial Assets With Quotation [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,198<span></span>
</td>
<td class="nump">11,017<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,198<span></span>
</td>
<td class="nump">11,017<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_InvestmentsInFinancialAssetsWithQuotationMember', window );">Investments In Financial Assets With Quotation [Member] | Level 1 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,198<span></span>
</td>
<td class="nump">11,017<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_InvestmentsInFinancialAssetsWithQuotationMember', window );">Investments In Financial Assets With Quotation [Member] | Level 2 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_InvestmentsInFinancialAssetsWithQuotationMember', window );">Investments In Financial Assets With Quotation [Member] | Level 3 [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ForeignCurrencyFutureContractsMember', window );">Foreign Currency Future Contracts [member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">71<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">71<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ForeignCurrencyFutureContractsMember', window );">Foreign Currency Future Contracts [member] | Level 1 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ForeignCurrencyFutureContractsMember', window );">Foreign Currency Future Contracts [member] | Level 2 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">71<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ForeignCurrencyFutureContractsMember', window );">Foreign Currency Future Contracts [member] | Level 3 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_OtherDerivativeFinancialInstrumentsMember', window );">Other Derivative Financial Instruments [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_OtherDerivativeFinancialInstrumentsMember', window );">Other Derivative Financial Instruments [Member] | Level 1 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_OtherDerivativeFinancialInstrumentsMember', window );">Other Derivative Financial Instruments [Member] | Level 2 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_OtherDerivativeFinancialInstrumentsMember', window );">Other Derivative Financial Instruments [Member] | Level 3 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ClalMember', window );">Clal [member] | Financial Assets Held-For-Sale, Category [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,254<span></span>
</td>
<td class="nump">8,562<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,254<span></span>
</td>
<td class="nump">8,562<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ClalMember', window );">Clal [member] | Level 1 [Member] | Financial Assets Held-For-Sale, Category [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,254<span></span>
</td>
<td class="nump">8,562<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ClalMember', window );">Clal [member] | Level 2 [Member] | Financial Assets Held-For-Sale, Category [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ClalMember', window );">Clal [member] | Level 3 [Member] | Financial Assets Held-For-Sale, Category [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_CashAtBankAndOnHandMember', window );">Cash At Bank And On Hand [Member] | Cash And Cash Equivalents [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">6,452<span></span>
</td>
<td class="nump">8,529<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,452<span></span>
</td>
<td class="nump">8,529<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,452<span></span>
</td>
<td class="nump">8,529<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_CashAtBankAndOnHandMember', window );">Cash At Bank And On Hand [Member] | Level 1 [Member] | Cash And Cash Equivalents [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_CashAtBankAndOnHandMember', window );">Cash At Bank And On Hand [Member] | Level 2 [Member] | Cash And Cash Equivalents [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_CashAtBankAndOnHandMember', window );">Cash At Bank And On Hand [Member] | Level 3 [Member] | Cash And Cash Equivalents [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ShortTermInvestments1Member', window );">Short Term Investments [Member] | Cash And Cash Equivalents [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">28,334<span></span>
</td>
<td class="nump">14,510<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30,865<span></span>
</td>
<td class="nump">16,325<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30,865<span></span>
</td>
<td class="nump">16,325<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ShortTermInvestments1Member', window );">Short Term Investments [Member] | Level 1 [Member] | Cash And Cash Equivalents [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,531<span></span>
</td>
<td class="nump">1,815<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ShortTermInvestments1Member', window );">Short Term Investments [Member] | Level 2 [Member] | Cash And Cash Equivalents [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ShortTermInvestments1Member', window );">Short Term Investments [Member] | Level 3 [Member] | Cash And Cash Equivalents [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18,731<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,819<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">22,550<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member] | Level 1 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member] | Level 2 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member] | Level 3 [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_WarrantsMember', window );">Warrants [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_WarrantsMember', window );">Warrants [Member] | Level 1 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_WarrantsMember', window );">Warrants [Member] | Level 2 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_WarrantsMember', window );">Warrants [Member] | Level 3 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_SwapsMember', window );">Swaps [member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Financial assets at amortized cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Subtotal financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNonfinancialAssets', window );">Non-financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_SwapsMember', window );">Swaps [member] | Level 1 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_SwapsMember', window );">Swaps [member] | Level 2 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_SwapsMember', window );">Swaps [member] | Level 3 [Member] | Derivative Financial Instruments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The fair value of financial assets and liabilities at their amortized cost does not differ significantly from their book value, except for borrowings (Note 19).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Corresponds to deposits in guarantee and escrows.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose the entity&#8217;s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 35H<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_35H&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 35I<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_35I&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 35M<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_35M&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 35N<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_35N&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets at amortised cost. The amortised cost is the amount at which financial assets are measured at initial recognition minus principal repayments, plus or minus the cumulative amortisation using the effective interest method of any difference between that initial amount and the maturity amount, and adjusted for any impairment. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 8<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_8_f&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtAmortisedCost</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets that are measured at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 8<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_8_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities at amortised cost. The amortised cost is the amount at which financial liabilities are measured at initial recognition minus principal repayments, plus or minus the cumulative amortisation using the effective interest method of any difference between that initial amount and the maturity amount. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 8<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_8_g&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 8<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2017-03-02&amp;anchor=para_8_f&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtAmortisedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities that meet either of the following conditions: (a) they meet the definition of held for trading; or (b) upon initial recognition they are designated by the entity as at fair value through profit or loss. An entity may use this designation only when permitted by paragraph 4.3.5 of IFRS 9 (embedded derivatives) or when doing so results in more relevant information, because either: (a) it eliminates or significantly reduces a measurement or recognition inconsistency (sometimes referred to as &#8216;an accounting mismatch&#8217;) that would otherwise arise from measuring assets or liabilities or recognising the gains and losses on them on different bases; or (b) a group of financial liabilities or financial assets and financial liabilities is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is provided internally on that basis to the entity&#8217;s key management personnel (as defined in IAS 24). [Refer: At fair value [member]; Key management personnel of entity or parent [member]; Derivatives [member]; Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 8<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_8_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNonfinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-financial assets that the entity does not separately disclose in the same statement or note. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNonfinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNonfinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-financial liabilities that the entity does not separately disclose in the same statement or note. [Refer: Other financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNonfinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GrossFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gross amount of financial assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GrossFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GrossFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gross amount of financial liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GrossFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_BorrowingsExcludingFinanceLeasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_BorrowingsExcludingFinanceLeasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_ForeignCurrencyFutureContractsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_ForeignCurrencyFutureContractsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_ForwardsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_ForwardsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_SwapsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_SwapsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_OtherDerivativeFinancialInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_OtherDerivativeFinancialInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_Borrowings1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_Borrowings1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_RestrictedAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_RestrictedAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_PublicCompaniesSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_PublicCompaniesSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_PrivateCompaniesSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_PrivateCompaniesSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_Deposits1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_Deposits1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_Bonds1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_Bonds1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_OthersInvestmentInFinancialAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_OthersInvestmentInFinancialAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_InvestmentsInFinancialAssetsWithQuotationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_InvestmentsInFinancialAssetsWithQuotationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_ForeignCurrencyFutureContractsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_ForeignCurrencyFutureContractsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_DerivativeFinancialInstrumentsCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_DerivativeFinancialInstrumentsCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_OtherDerivativeFinancialInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_OtherDerivativeFinancialInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_ClalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_ClalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAvailableforsaleCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAvailableforsaleCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_CashAtBankAndOnHandMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_CashAtBankAndOnHandMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_CashAndCashEquivalentsCategoryMember">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_CashAndCashEquivalentsCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_ShortTermInvestments1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_ShortTermInvestments1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_WarrantsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_WarrantsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_SwapsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>107
<FILENAME>R100.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6854540560">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Financial instruments by category (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems', window );"><strong>Disclosure of fair value measurement of liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Net amount presented</a></td>
<td class="nump">$ 101,801<span></span>
</td>
<td class="nump">$ 66,906<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilities', window );">Net amount presented</a></td>
<td class="nump">217,087<span></span>
</td>
<td class="nump">145,749<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems', window );"><strong>Disclosure of fair value measurement of liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilitiesRecognized', window );">Gross amounts recognized</a></td>
<td class="nump">11,140<span></span>
</td>
<td class="nump">17,037<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements', window );">Gross amounts offset</a></td>
<td class="num">(875)<span></span>
</td>
<td class="num">(871)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialLiabilities', window );">Net amount presented</a></td>
<td class="nump">10,265<span></span>
</td>
<td class="nump">16,166<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember', window );">Trade And Other Receivables Excluding The Allowance For Doubtful Accounts And Other Receivables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems', window );"><strong>Disclosure of fair value measurement of liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssetsRecognized', window );">Gross amounts recognized</a></td>
<td class="nump">19,523<span></span>
</td>
<td class="nump">19,602<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements', window );">Gross amounts offset</a></td>
<td class="num">(875)<span></span>
</td>
<td class="num">(871)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossFinancialAssets', window );">Net amount presented</a></td>
<td class="nump">$ 18,648<span></span>
</td>
<td class="nump">$ 18,731<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gross amount of recognised financial assets that are subject either to offsetting or to an enforceable master netting arrangement or similar agreement. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 13C<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_13C_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities set off against financial assets when an entity: (a) currently has a legally enforceable right to set off the recognised amounts; and (b) intends either to settle on a net basis or to realise the asset and settle the liability simultaneously. [Refer: Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 13C<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_13C_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossFinancialLiabilitiesSetOffAgainstFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GrossFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gross amount of financial assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GrossFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GrossFinancialAssetsRecognized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gross amount of financial assets recognized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GrossFinancialAssetsRecognized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GrossFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gross amount of financial liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GrossFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GrossFinancialLiabilitiesRecognized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gross amount of financial liabilities recognized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GrossFinancialLiabilitiesRecognized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesExcludingTheAllowanceForDoubtfulAccountsAndOtherReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>108
<FILENAME>R101.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6892252528">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Financial instruments by category (Details 2) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncome2', window );">Interest income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 740<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 704<span></span>
</td>
<td class="nump">$ 619<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InterestExpense1', window );">Interest expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,745)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,092)<span></span>
</td>
<td class="num">(2,330)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss', window );">Foreign exchange (losses) / gains, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9,864)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,075)<span></span>
</td>
<td class="num">(2,047)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromDividends', window );">Dividend income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">82<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">68<span></span>
</td>
<td class="nump">72<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Fair value gain on financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">426<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2,928<span></span>
</td>
<td class="num">(1,445)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LossOnDebtSwap', window );">Loss on debt swap</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,228)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalizedFinanceCosts', window );">Capitalized finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">74<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives', window );">(Loss) / Gain on derivative financial instruments, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">170<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">112<span></span>
</td>
<td class="nump">927<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherFinanceCost1', window );">Other finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(356)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(743)<span></span>
</td>
<td class="num">(621)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnrecognisedShareOfLossesOfAssociates', window );">Fair value loss on associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">79<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncomeCost1', window );">Net (loss) / income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(18,701)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4,095)<span></span>
</td>
<td class="num">(4,746)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis=irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember', window );">Financial Assets And Liabilities At Amortised Cost Category [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncome2', window );">Interest income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">740<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">704<span></span>
</td>
<td class="nump">619<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InterestExpense1', window );">Interest expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,745)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(6,092)<span></span>
</td>
<td class="num">(2,307)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss', window );">Foreign exchange (losses) / gains, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9,864)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,079)<span></span>
</td>
<td class="num">(2,053)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromDividends', window );">Dividend income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">40<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">33<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Fair value gain on financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LossOnDebtSwap', window );">Loss on debt swap</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,228)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalizedFinanceCosts', window );">Capitalized finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">74<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives', window );">(Loss) / Gain on derivative financial instruments, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(46)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherFinanceCost1', window );">Other finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(356)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(743)<span></span>
</td>
<td class="num">(515)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnrecognisedShareOfLossesOfAssociates', window );">Fair value loss on associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncomeCost1', window );">Net (loss) / income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(19,338)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(7,220)<span></span>
</td>
<td class="num">(4,256)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis=irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember', window );">Financial Assets And Liabilities At Fair Value Through Profit Or Loss Category [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncome2', window );">Interest income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InterestExpense1', window );">Interest expense</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="num">(23)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss', window );">Foreign exchange (losses) / gains, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromDividends', window );">Dividend income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">42<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">35<span></span>
</td>
<td class="nump">72<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Fair value gain on financial assets at fair value through profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">426<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2,928<span></span>
</td>
<td class="num">(1,445)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LossOnDebtSwap', window );">Loss on debt swap</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalizedFinanceCosts', window );">Capitalized finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives', window );">(Loss) / Gain on derivative financial instruments, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">169<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">158<span></span>
</td>
<td class="nump">927<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherFinanceCost1', window );">Other finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="num">(106)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnrecognisedShareOfLossesOfAssociates', window );">Fair value loss on associates</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">79<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncomeCost1', window );">Net (loss) / income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 637<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 3,125<span></span>
</td>
<td class="num">$ (490)<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Included within "Financial results, net" in the Statements of Income.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Included in "Share of profit / (loss) of associates and joint ventures" in the Statement of Income.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialLiabilitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) resulting from change in the fair value of derivatives recognised in profit or loss. [Refer: Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of exchange differences recognised in profit or loss that arise from foreign currency transactions, excluding those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9. [Refer: At fair value [member]; Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Section A Statement of cash flows for an entity other than a financial institution<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=sect_AStatementofcashflowsforanentityotherthanafinancialinstitution&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2018-01-01<br> -Paragraph 52<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=21&amp;date=2018-03-01&amp;anchor=para_52_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on financial assets at fair value through profit or loss. [Refer: Financial assets at fair value through profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20_a_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends recognised as income. Dividends are distributions of profits to holders of equity investments in proportion to their holdings of a particular class of capital.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnrecognisedShareOfLossesOfAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the unrecognised share of associates' losses if the entity has stopped recognising its share of losses when applying the equity method. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 22<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_22_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnrecognisedShareOfLossesOfAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CapitalizedFinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of capitalized finance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CapitalizedFinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinanceIncome2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information by finance income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinanceIncome2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinanceIncomeCost1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information by finance income cost.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinanceIncomeCost1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InterestExpense1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information by interest expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InterestExpense1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LossOnDebtSwap">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of loss on debt swap.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LossOnDebtSwap</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherFinanceCost1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information by other finance cost.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherFinanceCost1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis=irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis=irsa_FinancialAssetsAndLiabilitiesAtAmortisedCostCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis=irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CategoriesOfFinancialAssetsAndLiabilitiesAxis=irsa_FinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6874925712">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial instruments by category (Details 7)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr><th class="th" colspan="2"><div>Jun. 30, 2018</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=ifrs-full_DiscountedCashFlowMember', window );">Discounted Cash Flow [Member] | Level 3 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionRangeOfValuationModelsWithDerivatives', window );">Description</a></td>
<td class="text">&lt;p style="text-align: left; margin-left: 0; font-size: 13px; color: rgb(0, 0, 0)">&lt;font style="font: 10pt Times New Roman, Times, Serif">Trade
and other receivables -. Cellcom&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives', window );">Pricing model / method</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Discounted
cash flows&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ParametersRangeOfValuationModelsWithDerivatives', window );">Parameters</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Discount
interest rate.&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivatives', window );">Range</a></td>
<td class="nump">3.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_CashFlowsTheoreticalPriceMember', window );">Cash Flows - Theoretical Price [Member] | Level 2 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionRangeOfValuationModelsWithDerivatives', window );">Description</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Interest
rate swaps&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives', window );">Pricing model / method</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Cash
flows - Theoretical price&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ParametersRangeOfValuationModelsWithDerivatives', window );">Parameters</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Interest
rate futures contracts and cash flows&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivatives', window );">Range</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_BinomialTreeTheoreticalPriceIMember', window );">Binomial Tree Theoretical Price I [Member] | Level 3 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionRangeOfValuationModelsWithDerivatives', window );">Description</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Preferred
shares of Condor&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives', window );">Pricing model / method</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Binomial
tree &#8211; Theoretical price I&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ParametersRangeOfValuationModelsWithDerivatives', window );">Parameters</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Underlying
asset price (Market price); share price volatility (historical) and market interest rate (Libor rate curve).&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivativesTerms', window );">Range term</a></td>
<td class="text">&lt;p style="margin: 0pt">&lt;/p>

&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&lt;font style="font: 10pt Times New Roman, Times, Serif">Underlying
asset price 1.8 to 2.2&lt;/font>&lt;/p>

&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&lt;font style="font: 10pt Times New Roman, Times, Serif">Share
price volatility 58% to 78%&lt;/font>&lt;/p>

&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&lt;font style="font: 10pt Times New Roman, Times, Serif">Market
interest-rate 1.7% to 2.1%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_DiscountedCashFlowsTheoreticalPriceMember', window );">Discounted Cash Flows - Theoretical Price [Member] | Level 3 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionRangeOfValuationModelsWithDerivatives', window );">Description</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Promissory
note&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives', window );">Pricing model / method</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Discounted
cash flows -&#160;&#160;Theoretical price&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ParametersRangeOfValuationModelsWithDerivatives', window );">Parameters</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Market
interest-rate (Libor rate curve)&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivativesTerms', window );">Range term</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Market
interest-rate 1.8% to 2.2%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_BlackScholesTheoreticalPriceMember', window );">Black-Scholes Theoretical Price [Member] | Level 3 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionRangeOfValuationModelsWithDerivatives', window );">Description</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">TGLT
Non-convertible Notes&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives', window );">Pricing model / method</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Black-Scholes
&#8211;&#160;&#160;Theoretical price&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ParametersRangeOfValuationModelsWithDerivatives', window );">Parameters</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Underlying
asset price (Market price); share price volatility (historical) and market interest rate.&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivativesTerms', window );">Range term</a></td>
<td class="text">&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&lt;font style="font: 10pt Times New Roman, Times, Serif">Underlying
asset price 8 to 12&lt;/font>&lt;/p>

&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&lt;font style="font: 10pt Times New Roman, Times, Serif">Share
price volatility 50% to 70%&lt;/font>&lt;/p>

&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&lt;font style="font: 10pt Times New Roman, Times, Serif">Market
interest-rate 8% to 9%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_BlackScholesTheoreticalPriceMember', window );">Black-Scholes Theoretical Price [Member] | Level 2 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionRangeOfValuationModelsWithDerivatives', window );">Description</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Warrants
of Condor&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives', window );">Pricing model / method</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Black-Scholes
&#8211;&#160;&#160;Theoretical price&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ParametersRangeOfValuationModelsWithDerivatives', window );">Parameters</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Underlying
asset price (Market price); share price volatility (historical) and market interest rate (Libor rate curve).&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivativesTerms', window );">Range term</a></td>
<td class="text">&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&lt;font style="font: 10pt Times New Roman, Times, Serif">Underlying
asset price 1.8 to 1.7&lt;/font>&lt;/p>

&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&lt;font style="font: 10pt Times New Roman, Times, Serif">Share
price volatility 58% to 78%&#160;&lt;/font>&lt;/p>

&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&lt;font style="font: 10pt Times New Roman, Times, Serif">Market
interest-rate 1.7% to 2.1%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_DiscountedCashflows1Member', window );">Discounted Cash Flows [Member] | Level 3 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionRangeOfValuationModelsWithDerivatives', window );">Description</a></td>
<td class="text">&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&lt;font style="font: 10pt Times New Roman, Times, Serif">Call
option of Arcos&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives', window );">Pricing model / method</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Discounted
cash flows&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ParametersRangeOfValuationModelsWithDerivatives', window );">Parameters</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Projected
revenues and discounting rate.&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivatives', window );">Range</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_CashFlowNAVTheoreticalPriceMember', window );">Cash Flow / NAV - Theoretical Price [Member] | Level 3 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionRangeOfValuationModelsWithDerivatives', window );">Description</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Investments
in financial assets - Other private companies&#8217; securities (*)&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives', window );">Pricing model / method</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Cash
flow / NAV - Theoretical price&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ParametersRangeOfValuationModelsWithDerivatives', window );">Parameters</a></td>
<td class="text">&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 5.3pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Projected
revenue discounted at the discount rate&lt;/font>&lt;/p>

&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 5.3pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">The value is calculated in accordance with shares in the equity funds on the basis of
their Financial Statements, based on fair value or investments assessments.&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_CashFlowNAVTheoreticalPriceMember', window );">Cash Flow / NAV - Theoretical Price [Member] | Level 3 [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivatives', window );">Range</a></td>
<td class="nump">1.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_CashFlowNAVTheoreticalPriceMember', window );">Cash Flow / NAV - Theoretical Price [Member] | Level 3 [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivatives', window );">Range</a></td>
<td class="nump">3.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_DiscountedCashFlows1TheoreticalPriceMember', window );">Discounted Cash Flows - Theoretical Price [Member] | Level 3 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionRangeOfValuationModelsWithDerivatives', window );">Description</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Investments
in financial assets - Others&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives', window );">Pricing model / method</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Discounted
cash flows -&#160;&#160;Theoretical price&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ParametersRangeOfValuationModelsWithDerivatives', window );">Parameters</a></td>
<td class="text">&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 5.3pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Projected
revenue discounted at the discount rate&lt;/font>&lt;/p>

&lt;p style="font: 10pt/9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 5.3pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">The
value is calculated in accordance with shares in the equity funds on the basis of their Financial Statements, based on fair value
or investment assessments.&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_DiscountedCashFlows1TheoreticalPriceMember', window );">Discounted Cash Flows - Theoretical Price [Member] | Level 3 [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivatives', window );">Range</a></td>
<td class="nump">1.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_DiscountedCashFlows1TheoreticalPriceMember', window );">Discounted Cash Flows - Theoretical Price [Member] | Level 3 [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivatives', window );">Range</a></td>
<td class="nump">3.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_TheoreticalPriceMember', window );">Theoretical Price [Member] | Level 2 And 3 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of significant unobservable inputs used in fair value measurement of assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionRangeOfValuationModelsWithDerivatives', window );">Description</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Derivative
financial instruments - Forwards&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PricingModelMethodRangeOfValuationModelsWithDerivatives', window );">Pricing model / method</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Theoretical
price&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ParametersRangeOfValuationModelsWithDerivatives', window );">Parameters</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Underlying
asset price and volatility&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RangeOfValuationModelsWithDerivatives', window );">Range</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">An increase in the discount rate would decrease the value of investments in private companies, while an increase in projected revenues would increase their value.</td>
</tr></table></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the description range of valuation models with derivatives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<tr>
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<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=ifrs-full_DiscountedCashFlowMember</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember</td>
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<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_DiscountedCashFlowsTheoreticalPriceMember</td>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_DiscountedCashflows1Member</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_DiscountedCashFlows1TheoreticalPriceMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ValuationTechniquesUsedInFairValueMeasurementAxis=irsa_TheoreticalPriceMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2And3OfFairValueHierarchyMember</td>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>110
<FILENAME>R103.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6871687552">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Financial instruments by category (Details 4) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Beginning Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 1,036<span></span>
</td>
<td class="num">$ (9,036)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsAndAcquisitions', window );">Additions and acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">560<span></span>
</td>
<td class="nump">101<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentCumulativeTranslationAdjustment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">553<span></span>
</td>
<td class="nump">436<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferOfFinancialInstrument', window );">Transfer to level 1</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(100)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationToLiabilitiesHeldForSale', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11,272<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentWriteOff', window );">Write off</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(67)<span></span>
</td>
<td class="num">(782)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferedToCurrentTradeAndOtherReceivables', window );">Transfer to current trade and other receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfFinancialInstruments', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(126)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GainLossFromFinancialInstrument', window );">Gain / (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">216<span></span>
</td>
<td class="num">(955)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,072<span></span>
</td>
<td class="nump">1,036<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsCategoryMember', window );">Investments In Financial Assets [Member] | Public Companies Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Beginning Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">82<span></span>
</td>
<td class="nump">499<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsAndAcquisitions', window );">Additions and acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">65<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentCumulativeTranslationAdjustment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">21<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferOfFinancialInstrument', window );">Transfer to level 1</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationToLiabilitiesHeldForSale', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentWriteOff', window );">Write off</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(67)<span></span>
</td>
<td class="num">(702)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferedToCurrentTradeAndOtherReceivables', window );">Transfer to current trade and other receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfFinancialInstruments', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GainLossFromFinancialInstrument', window );">Gain / (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">120<span></span>
</td>
<td class="nump">199<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">135<span></span>
</td>
<td class="nump">82<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsCategoryMember', window );">Investments In Financial Assets [Member] | Private Companies Securities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Beginning Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">964<span></span>
</td>
<td class="nump">1,324<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsAndAcquisitions', window );">Additions and acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">34<span></span>
</td>
<td class="nump">44<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentCumulativeTranslationAdjustment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">489<span></span>
</td>
<td class="nump">169<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferOfFinancialInstrument', window );">Transfer to level 1</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(100)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationToLiabilitiesHeldForSale', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentWriteOff', window );">Write off</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferedToCurrentTradeAndOtherReceivables', window );">Transfer to current trade and other receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfFinancialInstruments', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(126)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GainLossFromFinancialInstrument', window );">Gain / (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(93)<span></span>
</td>
<td class="num">(573)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,168<span></span>
</td>
<td class="nump">964<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsCategoryMember', window );">Investments In Financial Assets [Member] | Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Beginning Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">140<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsAndAcquisitions', window );">Additions and acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">526<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentCumulativeTranslationAdjustment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">78<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferOfFinancialInstrument', window );">Transfer to level 1</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationToLiabilitiesHeldForSale', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentWriteOff', window );">Write off</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(146)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferedToCurrentTradeAndOtherReceivables', window );">Transfer to current trade and other receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfFinancialInstruments', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GainLossFromFinancialInstrument', window );">Gain / (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">189<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">793<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Forwards [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Beginning Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(10)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsAndAcquisitions', window );">Additions and acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentCumulativeTranslationAdjustment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(14)<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferOfFinancialInstrument', window );">Transfer to level 1</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationToLiabilitiesHeldForSale', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentWriteOff', window );">Write off</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">66<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferedToCurrentTradeAndOtherReceivables', window );">Transfer to current trade and other receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfFinancialInstruments', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GainLossFromFinancialInstrument', window );">Gain / (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(66)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(24)<span></span>
</td>
<td class="num">(10)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_BorrowingsCategoryMember', window );">Loans [Member] | Non Recourse Loan [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems', window );"><strong>Disclosure of fair value measurement of assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Beginning Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(10,999)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsAndAcquisitions', window );">Additions and acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentCumulativeTranslationAdjustment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">242<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferOfFinancialInstrument', window );">Transfer to level 1</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationToLiabilitiesHeldForSale', window );">Reclassification to liabilities held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11,272<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialInstrumentWriteOff', window );">Write off</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TransferedToCurrentTradeAndOtherReceivables', window );">Transfer to current trade and other receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeconsolidationOfFinancialInstruments', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GainLossFromFinancialInstrument', window );">Gain / (loss) for the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(515)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AggregateFinancialinstrument', window );">Ending Balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The Group transferred a financial asset measured at fair value from level 3 to level 1, because it began trading in the stock exchange.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Included within "Financial results, net" in the Statements of income.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AdditionsAndAcquisitions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate of financial instrument assets additional and acquisations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AdditionsAndAcquisitions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AggregateFinancialinstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate financial instrument assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AggregateFinancialinstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeconsolidationOfFinancialInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent deconsolidation of financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeconsolidationOfFinancialInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialInstrumentCumulativeTranslationAdjustment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cumulative translation adjustment of financial instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialInstrumentCumulativeTranslationAdjustment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialInstrumentWriteOff">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial instrument write off.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialInstrumentWriteOff</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GainLossFromFinancialInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of gain and loss from financial instrument during the year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GainLossFromFinancialInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReclassificationToLiabilitiesHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reclassification to liabilities held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReclassificationToLiabilitiesHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransferOfFinancialInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial instrument transfer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransferOfFinancialInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TransferedToCurrentTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent transfered to current trade and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TransferedToCurrentTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_PublicCompaniesSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_PublicCompaniesSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_PrivateCompaniesSecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_PrivateCompaniesSecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_OthersInvestmentInFinancialAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_OthersInvestmentInFinancialAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_DerivativeFinancialInstrumentsCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_DerivativeFinancialInstrumentsCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_ForwardsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_ForwardsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_BorrowingsCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=irsa_BorrowingsCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_NonRecourseLoanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_NonRecourseLoanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>111
<FILENAME>R104.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6877365072">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade and other receivables (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesAbstract', window );"><strong>Trade and other receivables [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SaleLeaseAndServicesReceivables', window );">Sale, leases and services receivables</a></td>
<td class="nump">$ 15,728<span></span>
</td>
<td class="nump">$ 16,127<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AllowanceForDoubtfulAccounts', window );">Less: Allowance for doubtful accounts</a></td>
<td class="num">(805)<span></span>
</td>
<td class="num">(312)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeReceivables', window );">Total trade receivables</a></td>
<td class="nump">14,923<span></span>
</td>
<td class="nump">15,815<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PrepaidExpenses', window );">Prepaid expenses</a></td>
<td class="nump">3,734<span></span>
</td>
<td class="nump">2,532<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsDepositsAndOtherDebitBalances', window );">Borrowings, deposits and other debit balances</a></td>
<td class="nump">2,289<span></span>
</td>
<td class="nump">2,378<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Prepayments', window );">Advances to suppliers</a></td>
<td class="nump">733<span></span>
</td>
<td class="nump">825<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ValueAddedTaxReceivables', window );">Tax credits</a></td>
<td class="nump">355<span></span>
</td>
<td class="nump">216<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherReceivables', window );">Others</a></td>
<td class="nump">1,055<span></span>
</td>
<td class="nump">472<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalOtherReceivables', window );">Total other receivables</a></td>
<td class="nump">8,166<span></span>
</td>
<td class="nump">6,423<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivables', window );">Total trade and other receivables</a></td>
<td class="nump">23,089<span></span>
</td>
<td class="nump">22,238<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentTradeReceivables', window );">Non-current</a></td>
<td class="nump">8,142<span></span>
</td>
<td class="nump">4,974<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTradeReceivables', window );">Current</a></td>
<td class="nump">14,947<span></span>
</td>
<td class="nump">17,264<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivables', window );">Total</a></td>
<td class="nump">$ 23,089<span></span>
</td>
<td class="nump">$ 22,238<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables. [Refer: Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentTradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade receivables. [Refer: Trade receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentTradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount receivable by the entity that it does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Prepayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Receivables that represent amounts paid for goods and services before they have been delivered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Prepayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trade receivables and other receivables. [Refer: Trade receivables; Other receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount due from customers for goods and services sold.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ValueAddedTaxReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables related to a value added tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ValueAddedTaxReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AllowanceForDoubtfulAccounts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AllowanceForDoubtfulAccounts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_BorrowingsDepositsAndOtherDebitBalances">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of borrowings deposits and other debit balances.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_BorrowingsDepositsAndOtherDebitBalances</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PrepaidExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of prepaid expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PrepaidExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SaleLeaseAndServicesReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of sale lease and services receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SaleLeaseAndServicesReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>112
<FILENAME>R105.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6866392032">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Trade and other receivables (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesAbstract', window );"><strong>Trade and other receivables [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsAllowanceForDoubtfulAccountsReceivables', window );">Beginning of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 312<span></span>
</td>
<td class="nump">$ 173<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">315<span></span>
</td>
<td class="nump">234<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries', window );">Recoveries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(28)<span></span>
</td>
<td class="num">(11)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">622<span></span>
</td>
<td class="nump">182<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(142)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable', window );">Used during the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(274)<span></span>
</td>
<td class="num">(266)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsAllowanceForDoubtfulAccountsReceivables', window );">End of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 805<span></span>
</td>
<td class="nump">$ 312<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The creation and release of the provision for impaired receivables have been included in Selling expenses in the Statements of Income (Note 23).</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of cumulative translation adjustment allowance for doubtful accounts receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CumulativeTranslationAdjustmentAllowanceForDoubtfulAccountsReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GroupsAllowanceForDoubtfulAccountsReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of groups allowance for doubtful accounts receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GroupsAllowanceForDoubtfulAccountsReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of groups allowance for doubtful accounts receivables additions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GroupsAllowanceForDoubtfulAccountsReceivablesAdditions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of groups allowance for doubtful accounts receivables deconsolidation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GroupsAllowanceForDoubtfulAccountsReceivablesDeconsolidation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>refers to the amount of groups allowance for doubtful accounts receivables recoveries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GroupsAllowanceForDoubtfulAccountsReceivablesRecoveries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of direct write-downs of accounts receivable charged against the allowance.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_WrittenOffAllowanceForDoubtfulAccountsReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>113
<FILENAME>R106.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6874578896">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Trade and other receivables (Details 2)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ARS ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">$ 15,728<span></span>
</td>
<td class="nump">$ 16,127<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivablePercent', window );">% of representation</a></td>
<td class="nump">100.00<span></span>
</td>
<td class="nump">100.00<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsReversalsForDoubtfulAccounts', window );">Additions / (reversals) for doubtful accounts</a></td>
<td class="num">$ (269)<span></span>
</td>
<td class="num">$ (208)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentOfFinancialAssetsAxis=ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember', window );">Non-Past Due [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">13,454<span></span>
</td>
<td class="nump">12,767<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentOfFinancialAssetsAxis=ifrs-full_FinancialAssetsImpairedMember', window );">Impaired [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">805<span></span>
</td>
<td class="nump">356<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_LeaseAndServicesMember', window );">Leases And Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">$ 1,708<span></span>
</td>
<td class="nump">$ 1,287<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivablePercent', window );">% of representation</a></td>
<td class="nump">0.1086<span></span>
</td>
<td class="nump">0.0798<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsReversalsForDoubtfulAccounts', window );">Additions / (reversals) for doubtful accounts</a></td>
<td class="num">$ (79)<span></span>
</td>
<td class="num">$ (40)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_LeaseAndServicesMember', window );">Leases And Services [Member] | Non-Past Due [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">1,094<span></span>
</td>
<td class="nump">946<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_LeaseAndServicesMember', window );">Leases And Services [Member] | Impaired [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">200<span></span>
</td>
<td class="nump">145<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_HotelServicesMember', window );">Hotel Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">$ 1,589<span></span>
</td>
<td class="nump">$ 63<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivablePercent', window );">% of representation</a></td>
<td class="nump">0.1010<span></span>
</td>
<td class="nump">0.0039<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsReversalsForDoubtfulAccounts', window );">Additions / (reversals) for doubtful accounts</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_HotelServicesMember', window );">Hotel Services [Member] | Non-Past Due [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">68<span></span>
</td>
<td class="nump">61<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_HotelServicesMember', window );">Hotel Services [Member] | Impaired [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">502<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_ConsumerFinancingMember', window );">Consumer Financing [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">$ 16<span></span>
</td>
<td class="nump">$ 16<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivablePercent', window );">% of representation</a></td>
<td class="nump">0.0010<span></span>
</td>
<td class="nump">0.0010<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsReversalsForDoubtfulAccounts', window );">Additions / (reversals) for doubtful accounts</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_ConsumerFinancingMember', window );">Consumer Financing [Member] | Non-Past Due [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_ConsumerFinancingMember', window );">Consumer Financing [Member] | Impaired [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">16<span></span>
</td>
<td class="nump">16<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_SaleOfAropertiesAndDevelopmentsMember', window );">Sale Of Properties And Developments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">$ 43<span></span>
</td>
<td class="nump">$ 61<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivablePercent', window );">% of representation</a></td>
<td class="nump">0.0027<span></span>
</td>
<td class="nump">0.0038<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsReversalsForDoubtfulAccounts', window );">Additions / (reversals) for doubtful accounts</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_SaleOfAropertiesAndDevelopmentsMember', window );">Sale Of Properties And Developments [Member] | Non-Past Due [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">7<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_SaleOfAropertiesAndDevelopmentsMember', window );">Sale Of Properties And Developments [Member] | Impaired [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">32<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_SaleOfCommunicationEquipmentMember', window );">Sale Of Communication Equipment [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">$ 5,184<span></span>
</td>
<td class="nump">$ 4,875<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivablePercent', window );">% of representation</a></td>
<td class="nump">0.3296<span></span>
</td>
<td class="nump">0.3023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsReversalsForDoubtfulAccounts', window );">Additions / (reversals) for doubtful accounts</a></td>
<td class="text"> <span></span>
</td>
<td class="num">$ (168)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_SaleOfCommunicationEquipmentMember', window );">Sale Of Communication Equipment [Member] | Non-Past Due [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">5,184<span></span>
</td>
<td class="nump">2,719<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_SaleOfCommunicationEquipmentMember', window );">Sale Of Communication Equipment [Member] | Impaired [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_TelecommunicationServicesMember', window );">Telecommunication Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">$ 7,188<span></span>
</td>
<td class="nump">$ 3,483<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivablePercent', window );">% of representation</a></td>
<td class="nump">0.4570<span></span>
</td>
<td class="nump">0.2160<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsReversalsForDoubtfulAccounts', window );">Additions / (reversals) for doubtful accounts</a></td>
<td class="num">$ (190)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_TelecommunicationServicesMember', window );">Telecommunication Services [Member] | Non-Past Due [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">7,101<span></span>
</td>
<td class="nump">2,805<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_TelecommunicationServicesMember', window );">Telecommunication Services [Member] | Impaired [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">87<span></span>
</td>
<td class="nump">86<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_SaleOfProductsSupermarketsMember', window );">Sale Of Products (Supermarkets) [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6,342<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivablePercent', window );">% of representation</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.3933<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdditionsReversalsForDoubtfulAccounts', window );">Additions / (reversals) for doubtful accounts</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_SaleOfProductsSupermarketsMember', window );">Sale Of Products (Supermarkets) [Member] | Non-Past Due [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,228<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReceivableTypeAxis=irsa_SaleOfProductsSupermarketsMember', window );">Sale Of Products (Supermarkets) [Member] | Impaired [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">76<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">1,072<span></span>
</td>
<td class="nump">642<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [Member] | Leases And Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">280<span></span>
</td>
<td class="nump">104<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [Member] | Hotel Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">782<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [Member] | Consumer Financing [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [Member] | Sale Of Properties And Developments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">10<span></span>
</td>
<td class="nump">17<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [Member] | Sale Of Communication Equipment [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [Member] | Telecommunication Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">482<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember', window );">Current [Member] | Sale Of Products (Supermarkets) [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">38<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_LaterThanThreeButNotLaterThanSixMonthsMember', window );">3 To 6 Months [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">43<span></span>
</td>
<td class="nump">28<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_LaterThanThreeButNotLaterThanSixMonthsMember', window );">3 To 6 Months [Member] | Leases And Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">42<span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_LaterThanThreeButNotLaterThanSixMonthsMember', window );">3 To 6 Months [Member] | Hotel Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_LaterThanThreeButNotLaterThanSixMonthsMember', window );">3 To 6 Months [Member] | Consumer Financing [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_LaterThanThreeButNotLaterThanSixMonthsMember', window );">3 To 6 Months [Member] | Sale Of Properties And Developments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">1<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_LaterThanThreeButNotLaterThanSixMonthsMember', window );">3 To 6 Months [Member] | Sale Of Communication Equipment [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_LaterThanThreeButNotLaterThanSixMonthsMember', window );">3 To 6 Months [Member] | Telecommunication Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_LaterThanThreeButNotLaterThanSixMonthsMember', window );">3 To 6 Months [Member] | Sale Of Products (Supermarkets) [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_NotLaterThanSixMothsMember', window );">Over 6 Months [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">354<span></span>
</td>
<td class="nump">2,334<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_NotLaterThanSixMothsMember', window );">Over 6 Months [Member] | Leases And Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">92<span></span>
</td>
<td class="nump">66<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_NotLaterThanSixMothsMember', window );">Over 6 Months [Member] | Hotel Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">237<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_NotLaterThanSixMothsMember', window );">Over 6 Months [Member] | Consumer Financing [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_NotLaterThanSixMothsMember', window );">Over 6 Months [Member] | Sale Of Properties And Developments [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="nump">25<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_NotLaterThanSixMothsMember', window );">Over 6 Months [Member] | Sale Of Communication Equipment [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">2,156<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_NotLaterThanSixMothsMember', window );">Over 6 Months [Member] | Telecommunication Services [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">110<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PastDueStatusAxis=irsa_NotLaterThanSixMothsMember', window );">Over 6 Months [Member] | Sale Of Products (Supermarkets) [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems', window );"><strong>Disclosure of financial assets that are either past due or impaired [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalReceivable', window );">Total</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AdditionsReversalsForDoubtfulAccounts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of additions reversals for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AdditionsReversalsForDoubtfulAccounts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReceivablePercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This element represents the amount of receivable percent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReceivablePercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:pureItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of total receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentOfFinancialAssetsAxis=ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentOfFinancialAssetsAxis=ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentOfFinancialAssetsAxis=ifrs-full_FinancialAssetsImpairedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentOfFinancialAssetsAxis=ifrs-full_FinancialAssetsImpairedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReceivableTypeAxis=irsa_LeaseAndServicesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReceivableTypeAxis=irsa_LeaseAndServicesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReceivableTypeAxis=irsa_HotelServicesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReceivableTypeAxis=irsa_HotelServicesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReceivableTypeAxis=irsa_ConsumerFinancingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReceivableTypeAxis=irsa_ConsumerFinancingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReceivableTypeAxis=irsa_SaleOfAropertiesAndDevelopmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReceivableTypeAxis=irsa_SaleOfAropertiesAndDevelopmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReceivableTypeAxis=irsa_SaleOfCommunicationEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReceivableTypeAxis=irsa_SaleOfCommunicationEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReceivableTypeAxis=irsa_TelecommunicationServicesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReceivableTypeAxis=irsa_TelecommunicationServicesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReceivableTypeAxis=irsa_SaleOfProductsSupermarketsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReceivableTypeAxis=irsa_SaleOfProductsSupermarketsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=irsa_LaterThanThreeButNotLaterThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=irsa_LaterThanThreeButNotLaterThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=irsa_NotLaterThanSixMothsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=irsa_NotLaterThanSixMothsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>114
<FILENAME>R107.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6853595824">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cash flow information (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CashFlowInformationAbstract', window );"><strong>Cash Flow Information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="nump">$ 21,295<span></span>
</td>
<td class="nump">$ 5,220<span></span>
</td>
<td class="nump">$ 10,078<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LossForTheYearFromDiscontinuedOperations', window );">Profit for the year from discontinued operations</a></td>
<td class="num">(12,479)<span></span>
</td>
<td class="num">(4,093)<span></span>
</td>
<td class="num">(817)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForReconcileProfitLossAbstract', window );"><strong>Adjustments for:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncomeTaxExpense', window );">Income tax</a></td>
<td class="num">(124)<span></span>
</td>
<td class="nump">2,766<span></span>
</td>
<td class="nump">6,325<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense', window );">Amortization and depreciation</a></td>
<td class="nump">3,737<span></span>
</td>
<td class="nump">3,377<span></span>
</td>
<td class="nump">1,531<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment', window );">Loss from disposal of property, plant and equipment</a></td>
<td class="num">(4)<span></span>
</td>
<td class="nump">35<span></span>
</td>
<td class="num">(2)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="num">(22,605)<span></span>
</td>
<td class="num">(4,352)<span></span>
</td>
<td class="num">(17,549)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForSharebasedPayments', window );">Share-based payments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100<span></span>
</td>
<td class="nump">51<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment', window );">(Recovery) Charge for impairment of property, plant and equipment</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(12)<span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ExpensesFromSalesOfInvestmentProperties', window );">Expenses from sale of investment properties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">32<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement', window );">Derecognition of intangible assets by TGLT agreement</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">28<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ResultFromBusinessCombination', window );">Result from business combinations</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(8)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RetirementOfUnusedInvestmentProperties', window );">Disposal of disused investment properties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">24<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Gain from disposal of associates</a></td>
<td class="num">(311)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherFinancialResultsNet', window );">Financial results, net</a></td>
<td class="nump">19,334<span></span>
</td>
<td class="nump">4,052<span></span>
</td>
<td class="nump">5,036<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReversalOfCumulativeTranslationAdjustment', window );">Reversal of cumulative translation adjustment</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(41)<span></span>
</td>
<td class="num">(100)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProvisionsAndAllowances', window );">Provisions and allowances</a></td>
<td class="nump">372<span></span>
</td>
<td class="nump">113<span></span>
</td>
<td class="nump">191<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareOfProfitLossOfJointVenturesAndAssociates', window );">Share of loss / (profit) of associates and joint ventures</a></td>
<td class="nump">721<span></span>
</td>
<td class="num">(106)<span></span>
</td>
<td class="num">(508)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesInOperatingAssetsAndLiabilitiesAbstract', window );"><strong>Changes in operating assets and liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories', window );">(Increase) / decrease in inventories</a></td>
<td class="num">(21)<span></span>
</td>
<td class="nump">51<span></span>
</td>
<td class="nump">16<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading', window );">Decrease in trading properties</a></td>
<td class="nump">499<span></span>
</td>
<td class="nump">510<span></span>
</td>
<td class="nump">189<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables', window );">Increase in trade and other receivables</a></td>
<td class="num">(19)<span></span>
</td>
<td class="num">(986)<span></span>
</td>
<td class="num">(547)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables', window );">Increase in trade and other payables</a></td>
<td class="nump">907<span></span>
</td>
<td class="nump">147<span></span>
</td>
<td class="nump">160<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities', window );">Increase in salaries and social security liabilities</a></td>
<td class="nump">53<span></span>
</td>
<td class="nump">48<span></span>
</td>
<td class="nump">20<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForProvisions', window );">Decrease in provisions</a></td>
<td class="num">(202)<span></span>
</td>
<td class="num">(85)<span></span>
</td>
<td class="num">(127)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid', window );">Net cash generated by continuing operating activities before income tax paid</a></td>
<td class="nump">11,176<span></span>
</td>
<td class="nump">6,736<span></span>
</td>
<td class="nump">4,015<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid', window );">Net cash generated by discontinued operating activities before income tax paid</a></td>
<td class="nump">4,144<span></span>
</td>
<td class="nump">3,280<span></span>
</td>
<td class="nump">892<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperations', window );">Net cash generated by operating activities before income tax paid</a></td>
<td class="nump">$ 15,320<span></span>
</td>
<td class="nump">$ 10,016<span></span>
</td>
<td class="nump">$ 4,907<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in financial assets held for trading to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Financial assets; Financial assets at fair value through profit or loss, classified as held for trading; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInFinancialAssetsHeldForTrading</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in inventories to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Inventories; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in trade and other receivables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Trade and other receivables; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for depreciation and amortisation expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Depreciation and amortisation expense; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for gain (loss) on disposals investments in subsidiaries, joint ventures and associates to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries, joint ventures and associates; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for gain (loss) on disposals of property, plant and equipment to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss); Property, plant and equipment; Disposals, property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for gains (losses) arising from a change in the fair value of investment property to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Investment property; Gains (losses) on fair value adjustment, investment property; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for impairment loss (reversal of impairment loss) on property, plant and equipment recognised in profit or loss to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncomeTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for income tax expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 35<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_35&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncomeTaxExpense</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in employee benefit liabilities to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in trade and other payables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Trade and other payables; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for provisions to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Provisions; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForReconcileProfitLossAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForReconcileProfitLossAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForSharebasedPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for share-based payments to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForSharebasedPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash from (used in) the entity's operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Section A Statement of cash flows for an entity other than a financial institution<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=sect_AStatementofcashflowsforanentityotherthanafinancialinstitution&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39L_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=17&amp;date=2018-03-01&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CashFlowInformationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CashFlowInformationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ChangesInOperatingAssetsAndLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ChangesInOperatingAssetsAndLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of derecognition of intangible assets by t g l t agreement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DerecognitionOfIntangibleAssetsByTGLTAgreement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ExpensesFromSalesOfInvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of expenses from sales of investment properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ExpensesFromSalesOfInvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LossForTheYearFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of loss for the year from discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LossForTheYearFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of net cash generated by continuing operating activities before income tax paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetCashGeneratedByContinuingOperatingActivitiesBeforeIncomeTaxPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of net cash generated by discontinued operating activities before income tax paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetCashGeneratedByDiscontinuedOperatingActivitiesBeforeIncomeTaxPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherFinancialResultsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of other financial results net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherFinancialResultsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProvisionsAndAllowances">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of provisions and allowances.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProvisionsAndAllowances</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ResultFromBusinessCombination">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of result from business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ResultFromBusinessCombination</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RetirementOfUnusedInvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of retirement of unused investment properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RetirementOfUnusedInvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReversalOfCumulativeTranslationAdjustment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to reversal of cumulative translation adjustment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReversalOfCumulativeTranslationAdjustment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ShareOfProfitLossOfJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information of share of profit loss of joint ventures and associates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ShareOfProfitLossOfJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>115
<FILENAME>R108.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6869521840">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cash flow information (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CashFlowInformationAbstract', window );"><strong>Cash Flow Information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentPropertyAsOfAcquisitionDate', window );">Investment properties</a></td>
<td class="num">$ (4,382)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 29,586<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate', window );">Property, plant and equipment</a></td>
<td class="num">(28,801)<span></span>
</td>
<td class="nump">1,712<span></span>
</td>
<td class="nump">15,104<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradingPropertiesAsOfAcquisitionDate', window );">Trading properties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">2,656<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate', window );">Intangible assets</a></td>
<td class="num">(6,188)<span></span>
</td>
<td class="nump">19<span></span>
</td>
<td class="nump">6,603<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate', window );">Investments in associates and joint ventures</a></td>
<td class="num">(365)<span></span>
</td>
<td class="num">(74)<span></span>
</td>
<td class="nump">9,268<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredIncomeRecognisedAsOfAcquisitionDate', window );">Deferred income tax</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">53<span></span>
</td>
<td class="num">(4,681)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradeAndOtherReceivables2', window );">Trade and other receivables</a></td>
<td class="num">(11,905)<span></span>
</td>
<td class="nump">591<span></span>
</td>
<td class="nump">9,713<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate', window );">Investment in financial assets</a></td>
<td class="num">(2,846)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">5,824<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DerivativeFinancialInstrumentsAsOfAcquisition', window );">Derivative financial instruments</a></td>
<td class="num">(23)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(54)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InventoryRecognisedAsOfAcquisitionDate', window );">Inventories</a></td>
<td class="num">(5,896)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,919<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate', window );">Restricted assets</a></td>
<td class="num">(91)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupOfAssetsHeldForSale', window );">Group of assets held for sale</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">91<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate', window );">Financial assets held for sale</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">5,129<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate', window );">Trade and other payables</a></td>
<td class="nump">22,933<span></span>
</td>
<td class="num">(917)<span></span>
</td>
<td class="num">(19,749)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SalariesAndSocialSecurityLiabilities1', window );">Salaries and social security liabilities</a></td>
<td class="nump">2,389<span></span>
</td>
<td class="num">(148)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate', window );">Borrowings</a></td>
<td class="nump">21,050<span></span>
</td>
<td class="num">(660)<span></span>
</td>
<td class="num">(60,306)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProvisionsAsOfAcquisitionDate', window );">Provisions</a></td>
<td class="nump">432<span></span>
</td>
<td class="nump">2<span></span>
</td>
<td class="num">(969)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate', window );">Income tax and MPIT liabilities</a></td>
<td class="nump">7<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="num">(267)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeferredIncomeTaxLiabilities1', window );">Deferred income tax liabilities</a></td>
<td class="nump">2,796<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_EmployeeBenefitsAsOfAcquisitionDate', window );">Employee benefits</a></td>
<td class="nump">1,254<span></span>
</td>
<td class="num">(47)<span></span>
</td>
<td class="num">(405)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate', window );">Net amount of non-cash assets incorporated / held for sale</a></td>
<td class="num">(9,636)<span></span>
</td>
<td class="nump">532<span></span>
</td>
<td class="num">(538)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate', window );">Cash and cash equivalents</a></td>
<td class="num">(5,554)<span></span>
</td>
<td class="nump">150<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate', window );">Non-controlling interest</a></td>
<td class="nump">7,329<span></span>
</td>
<td class="nump">40<span></span>
</td>
<td class="num">(8,630)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate', window );">Goodwill</a></td>
<td class="nump">74<span></span>
</td>
<td class="num">(26)<span></span>
</td>
<td class="nump">1,391<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetAmountOfAssetsIncorporatedHeldForSale', window );">Net amount of assets incorporated / held for sale</a></td>
<td class="num">(7,787)<span></span>
</td>
<td class="nump">696<span></span>
</td>
<td class="num">(7,777)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InterestHeldBeforeAcquisition', window );">Interest held before acquisition</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">67<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate', window );">Seller financing</a></td>
<td class="num">(38)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate', window );">Cash and cash equivalents incorporated / held for sale</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(150)<span></span>
</td>
<td class="nump">9,193<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale', window );">Net (outflow) inflow of cash and cash equivalents / assets and liabilities held for sale</a></td>
<td class="num">$ (7,825)<span></span>
</td>
<td class="nump">$ 613<span></span>
</td>
<td class="nump">$ 1,416<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for borrowings assumed in a business combination. [Refer: Borrowings; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for cash and cash equivalents acquired in a business combination. [Refer: Cash and cash equivalents; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredIncomeRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for deferred income assumed in a business combination. [Refer: Deferred income; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredIncomeRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for identifiable intangible assets acquired in a business combination. [Refer: Intangible assets other than goodwill; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph IE72<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_IE72&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InventoryRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for inventory acquired in a business combination. [Refer: Inventories; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph IE72<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_IE72&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InventoryRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-controlling interest in the acquiree recognised at the acquisition date for business combinations in which the acquirer holds less than 100 per cent of the equity interests in the acquiree at the acquisition date. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph o<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_o_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncontrollingInterestInAcquireeRecognisedAtAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for plant, property and equipment acquired in a business combination. [Refer: Property, plant and equipment; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph IE72<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_IE72&amp;doctype=Illustrative%20Examples<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for trade and other payables assumed in a business combination. [Refer: Trade and other payables; Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2018-01-01<br> -Paragraph B64<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=3&amp;date=2018-03-01&amp;anchor=para_B64_i&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayablesRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the assets held for sale recognised as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AssetsHeldForSaleRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the cash and cash equivalents incorporated held for sale recognised as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CashAndCashEquivalentsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CashFlowInformationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CashFlowInformationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeferredIncomeTaxLiabilities1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred income tax liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeferredIncomeTaxLiabilities1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DerivativeFinancialInstrumentsAsOfAcquisition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the derivative financial instruments as of acquisition.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DerivativeFinancialInstrumentsAsOfAcquisition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_EmployeeBenefitsAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of employee benefits as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_EmployeeBenefitsAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the goodwill not yet allocated recognised as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GoodwillNotYetAllocatedRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GroupOfAssetsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of group of assets held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GroupOfAssetsHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the income tax and mpit liabilities recognised as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxAndMPITLiabilitiesRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InterestHeldBeforeAcquisition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the interest held before acquisition.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InterestHeldBeforeAcquisition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of investment in financial assets recognised as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentInFinancialAssetsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentPropertyAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of investment property as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentPropertyAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of investments in subsidiaries joint ventures and associates as of a cquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentsInSubsidiariesJointVenturesAndAssociatesAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetAmountOfAssetsIncorporatedHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the net amount of assets incorporated held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetAmountOfAssetsIncorporatedHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the net amount of non cash assets incorporated held for sale recognised as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetAmountOfNonCashAssetsIncorporatedHeldForSaleRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the net outflow of cash and cash equivalents assets and liabilities held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetOutflowOfCashAndCashEquivalentsAssetsAndLiabilitiesHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProvisionsAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as of the acquisition date for liabilities of uncertain timing or amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProvisionsAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about restricted assets recogniseda as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RestrictedAssetsRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the result from business combination recognised as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ResultFromBusinessCombinationRecognisedAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SalariesAndSocialSecurityLiabilities1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the stand for salaries and social security liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SalariesAndSocialSecurityLiabilities1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradeAndOtherReceivables2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to trade and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradeAndOtherReceivables2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradingPropertiesAsOfAcquisitionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of trading properties as of acquisition date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradingPropertiesAsOfAcquisitionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>116
<FILENAME>R109.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6868067536">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cash flow information (Details 2) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CashFlowInformationAbstract', window );"><strong>Cash Flow Information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings', window );">Decrease in investments in associates and joint ventures through a decrease in borrowings</a></td>
<td class="nump">$ 199<span></span>
</td>
<td class="nump">$ 9<span></span>
</td>
<td class="nump">$ 9<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid', window );">Dividends distribution to non-controlling shareholders not yet paid</a></td>
<td class="nump">1,529<span></span>
</td>
<td class="nump">64<span></span>
</td>
<td class="nump">64<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables', window );">Increase in investments in associates and joint ventures through a decrease in trade and other receivables</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">49<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables', window );">Increase in intangible assets through an increase in trade and other payables</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">111<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInInvestmentsInFinancialAssets', window );">Increase in investments in associates and joint ventures through a decrease in investments in financial assets</a></td>
<td class="nump">4<span></span>
</td>
<td class="nump">702<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInInvestmentsInFinancialAssets', window );">Increase in derivative financial instruments through a decrease in investments in financial assets</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">24<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PaymentOfDividendsThroughAnIncreaseInTradeAndOtherPayables', window );">Payment of dividends through an increase in trade and other payables</a></td>
<td class="nump">8<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesInNonControllingInterestThroughADecreaseInTradeAndOtherReceivables', window );">Changes in non-controlling interest through a decrease in trade and other receivables</a></td>
<td class="nump">1,380<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfTradeAndOtherPayables', window );">Increase in property, plant and equipment through an increase of trade and other payables</a></td>
<td class="nump">793<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfBorrowings', window );">Increase in property, plant and equipment through an increase of borrowings</a></td>
<td class="nump">9<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">116<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables', window );">Increase in investment properties through an increase in trade and other payables</a></td>
<td class="nump">133<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInTradeAndOtherReceivablesThroughAnIncreaseInBorrowings', window );">Increase in trade and other receivables through an increase in borrowings</a></td>
<td class="nump">109<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInTradingPropertiesThroughAnIncreaseInBorrowings', window );">Increase in trading properties through an increase in borrowings</a></td>
<td class="nump">2<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInBorrowings', window );">Increase in investment properties through an increase in borrowings</a></td>
<td class="nump">27<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughDividendsReceivablesNotYetPaid', window );">Decrease in investment in associates and joint ventures through dividends receivables not yet paid</a></td>
<td class="nump">4<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInAssetsHeldForSale', window );">Decrease in investment in associates and joint ventures through an increase in assets held for sale</a></td>
<td class="nump">44<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInFinancialOperationsThroughADecreaseInInvestmentsInAssociatesAndJointVentures', window );">Increase in financial operations through a decrease in investments in associates and joint ventures</a></td>
<td class="nump">65<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInTradeAndOtherReceivables', window );">Decrease in investment in associates and joint ventures through an increase in trade and other receivables</a></td>
<td class="nump">7<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInInvestmentPropertiesThroughADecreaseInPropertyPlantAndEquipment', window );">Increase in investment properties through a decrease in property, plant and equipment</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">57<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradingProperties', window );">Increase in investment properties through an increase in trading properties</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">302<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInInvestmentsInFinancialAssetsThroughADecreaseInTradeAndOtherReceivables', window );">Increase in investments in financial assets through a decrease in trade and other receivables</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">71<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInTradeAndOtherPayables', window );">Increase in investments in financial assets through an increase in trade and other payables</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">180<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInNonControllingInterestThroughADecreaseInDerivativeFinancialInstruments', window );">Increase in non-controlling interest through a decrease in derivative financial instruments</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">128<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInTradingPropertiesThroughADecreaseInInvestmentProperties', window );">Increase in trading properties through a decrease in investment properties</a></td>
<td class="nump">10<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">317<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInTradingPropertiesThroughAnIncreaseInTradeAndOtherPayables', window );">Increase in trading properties through an increase in trade and other payables</a></td>
<td class="nump">62<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInTradingPropertiesThroughADecreaseInTradeAndOtherReceivables', window );">Increase in trading properties through a decrease in trade and other receivables</a></td>
<td class="nump">31<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseInInvestmentPropertiesThroughADecreaseInTradingProperties', window );">Increase in investment properties through a decrease in trading properties</a></td>
<td class="nump">$ 353<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CashFlowInformationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CashFlowInformationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ChangesInNonControllingInterestThroughADecreaseInTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of changes in non controlling interest through a decrease in trade and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ChangesInNonControllingInterestThroughADecreaseInTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInAssetsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of decrease in investment in associates and joint ventures through an increase in assets held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInAssetsHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of decrease in investment in associates and joint ventures through increase in trade and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughAnIncreaseInTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughDividendsReceivablesNotYetPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of decrease in investment in associates and joint ventures through dividends receivables not yet paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DecreaseInInvestmentInAssociatesAndJointVenturesThroughDividendsReceivablesNotYetPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of decrease in investments in associates and joint ventures through daecrease in borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DecreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends distribution to non controlling shareholders not yet paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DividendsDistributionToNonControllingShareholdersNotYetPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInInvestmentsInFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in derivative financial instruments through a decrease in investments in financial assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInDerivativeFinancialInstrumentsThroughADecreaseInInvestmentsInFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInFinancialOperationsThroughADecreaseInInvestmentsInAssociatesAndJointVentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in financial operations through decrease in investments in associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInFinancialOperationsThroughADecreaseInInvestmentsInAssociatesAndJointVentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in intangible assets through an increase in trade and other payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInIntangibleAssetsThroughAnIncreaseInTradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInInvestmentPropertiesThroughADecreaseInPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in investment properties through a decrease in property plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInInvestmentPropertiesThroughADecreaseInPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInInvestmentPropertiesThroughADecreaseInTradingProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in investment properties through decrease in trading properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInInvestmentPropertiesThroughADecreaseInTradingProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in investment properties through an increase in borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increaseI in investment properties through an increase in trade and other payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradingProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in investment properties through an increase in trading properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInInvestmentPropertiesThroughAnIncreaseInTradingProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInInvestmentsInFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in investments in associates and joint ventures through decrease in investments in financial assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInInvestmentsInFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in investments in associates and joint ventures through a decrease in trade and oth.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInInvestmentsInAssociatesAndJointVenturesThroughADecreaseInTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInInvestmentsInFinancialAssetsThroughADecreaseInTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in investments in financial assets through a decrease in trade and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInInvestmentsInFinancialAssetsThroughADecreaseInTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInTradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in investment in financial assets through an increase in trade and other payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInInvestmentsInFinancialAssetsThroughAnIncreaseInTradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInNonControllingInterestThroughADecreaseInDerivativeFinancialInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in non controlling interest through decrease in derivative financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInNonControllingInterestThroughADecreaseInDerivativeFinancialInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in property plant and equipment through an increase of borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfTradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in property plant and equipment through an increase of trade and other payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInPropertyPlantAndEquipmentThroughAnIncreaseOfTradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInTradeAndOtherReceivablesThroughAnIncreaseInBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in trade and other receivables through an increase in borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInTradeAndOtherReceivablesThroughAnIncreaseInBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInTradingPropertiesThroughADecreaseInInvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in trading properties through decrease in investment properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInTradingPropertiesThroughADecreaseInInvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInTradingPropertiesThroughADecreaseInTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in trading properties through decrease in trade and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInTradingPropertiesThroughADecreaseInTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInTradingPropertiesThroughAnIncreaseInBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in trading properties through an increase in borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInTradingPropertiesThroughAnIncreaseInBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseInTradingPropertiesThroughAnIncreaseInTradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase in trading properties through an increase in trade and other payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseInTradingPropertiesThroughAnIncreaseInTradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PaymentOfDividendsThroughAnIncreaseInTradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of payment of dividends through an increase in trade and other payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PaymentOfDividendsThroughAnIncreaseInTradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>117
<FILENAME>R110.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6850735232">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Shareholders' Equity (Details Narrative) - ISRAEL<br> &#8362; / shares in Units, &#8362; in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ILS (&#8362;) </div>
<div>&#8362; / shares</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ILS (&#8362;) </div>
<div>&#8362; / shares </div>
<div>$ / shares</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidOrdinarySharesPerShare', window );">Dividends distribution per share | $ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2.41<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncreaseDecreaseThroughTransferToSpecialReserve', window );">Special reserve</a></td>
<td class="nump">&#8362; 2,751<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DescriptionOfLegalReserve', window );">Description of legal reserve</a></td>
<td class="text">&lt;p style="text-align: justify; text-indent: 48px; margin: 0pt 0; font-size: 13px">&lt;font style="font: 10pt Times New Roman, Times, Serif">&lt;u>Legal
reserve&lt;/u>&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin: 0pt 0; font-size: 13px">&lt;font style="font: 10pt Times New Roman, Times, Serif">&#160;&lt;/font>&lt;/p>

&lt;p style="text-align: justify; text-indent: 48px; margin: 0pt 0; font-size: 13px">&lt;font style="font: 10pt Times New Roman, Times, Serif">According
to Law N&#176; 19,550, 5% of the profit of the year is destined to the constitution of legal reserve until they reach legal capped
amount (20% of total capital). This legal reserve is not available for dividend distribution and can only be released to absorb
losses.&lt;/font>&lt;/p><span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPayable', window );">Dividends Paid</a></td>
<td class="nump">&#8362; 1,400<span></span>
</td>
<td class="nump">$ 1,400<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_IL', window );">ARGENTINA</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Common shares, par value | &#8362; / shares</a></td>
<td class="nump">&#8362; 1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_UtilizationOFReserve', window );">Reserve</a></td>
<td class="nump">&#8362; 395<span></span>
</td>
<td class="nump">$ 395<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaidOrdinarySharesPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends paid per ordinary share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 34<br> -IssueDate 2018-01-01<br> -Paragraph 16A<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=34&amp;date=2018-03-01&amp;anchor=para_16A_f&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidOrdinarySharesPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends payable by means of the distribution of non-cash assets to owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRIC<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRIC&amp;num=17&amp;date=2018-03-01&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ParValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_79_a_iii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ParValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DescriptionOfLegalReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of legal reserve.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DescriptionOfLegalReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncreaseDecreaseThroughTransferToSpecialReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>represent increase and decrease through transfer to special reserve.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncreaseDecreaseThroughTransferToSpecialReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_UtilizationOFReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent utilization of reserve.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_UtilizationOFReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_IL">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_IL</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=country_AR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=country_AR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>118
<FILENAME>R111.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6889929504">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Trade and other payables (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesAbstract', window );"><strong>Trade and other payables [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradePayables', window );">Trade payables</a></td>
<td class="nump">$ 9,688<span></span>
</td>
<td class="nump">$ 14,793<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SalesRentalAndServicesPaymentsReceivedInAdvance', window );">Sales, rental and services payments received in advance</a></td>
<td class="nump">3,572<span></span>
</td>
<td class="nump">4,339<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ConstructionObligationsPayables', window );">Construction obligations</a></td>
<td class="nump">1,475<span></span>
</td>
<td class="nump">1,226<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AccruedInvoicesPayables', window );">Accrued invoices</a></td>
<td class="nump">948<span></span>
</td>
<td class="nump">633<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeferredIncomePayables', window );">Deferred income</a></td>
<td class="nump">37<span></span>
</td>
<td class="nump">73<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalTradePayables', window );">Total trade payables</a></td>
<td class="nump">15,720<span></span>
</td>
<td class="nump">21,064<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendsPayableToNonControllingShareholders', window );">Dividends payable to non-controlling shareholders</a></td>
<td class="nump">123<span></span>
</td>
<td class="nump">251<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CurrentTaxpayables', window );">Tax payables</a></td>
<td class="nump">325<span></span>
</td>
<td class="nump">510<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherCurrentConstructionObligation', window );">Construction obligations</a></td>
<td class="nump">521<span></span>
</td>
<td class="nump">343<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherPayables', window );">Other payables</a></td>
<td class="nump">1,412<span></span>
</td>
<td class="nump">1,711<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Total other payables</a></td>
<td class="nump">2,381<span></span>
</td>
<td class="nump">2,815<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradeAndOtherCurrentPayables1', window );">Total trade and other payables</a></td>
<td class="nump">18,101<span></span>
</td>
<td class="nump">23,879<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentPayables', window );">Non-current</a></td>
<td class="nump">3,484<span></span>
</td>
<td class="nump">3,040<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayables', window );">Current</a></td>
<td class="nump">14,617<span></span>
</td>
<td class="nump">20,839<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradeAndOtherCurrentPayables1', window );">Total</a></td>
<td class="nump">$ 18,101<span></span>
</td>
<td class="nump">$ 23,879<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current trade payables and non-current other payables. [Refer: Other non-current payables; Non-current trade payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amounts payable that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade payables and current other payables. [Refer: Current trade payables; Other current payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AccruedInvoicesPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accrued invoices.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AccruedInvoicesPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ConstructionObligationsPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to construction obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ConstructionObligationsPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CurrentTaxpayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of tax payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CurrentTaxpayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeferredIncomePayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of Deferred income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeferredIncomePayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DividendsPayableToNonControllingShareholders">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of dividends payable to non controlling shareholders.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DividendsPayableToNonControllingShareholders</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherCurrentConstructionObligation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of other current construction obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherCurrentConstructionObligation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SalesRentalAndServicesPaymentsReceivedInAdvance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of sales rental and services payments received in advance.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SalesRentalAndServicesPaymentsReceivedInAdvance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalTradePayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total trade payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalTradePayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradeAndOtherCurrentPayables1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trade and other current payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradeAndOtherCurrentPayables1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradePayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trade payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradePayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>119
<FILENAME>R112.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6853674704">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Provisions (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Jun. 30, 2018</div></th>
<th class="th" colspan="2"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 1,833<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 1,571<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,694<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">502<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions', window );">Incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Recovery', window );">Recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(211)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(319)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Used during the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(202)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(219)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(447)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Currency translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">925<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">296<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,602<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,833<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=irsa_LegalClaimsMember', window );">Legal Claims [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">821<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">689<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">299<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">246<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions', window );">Incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Recovery', window );">Recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(88)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(104)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Used during the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(202)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(151)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(273)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Currency translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">461<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">139<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,028<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">821<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=irsa_InvestmentsInAssociatesAndJointVenturesMember', window );">Investments In Associates And Joint Ventures [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">72<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">45<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,380<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">105<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions', window );">Incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Recovery', window );">Recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(80)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Used during the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Currency translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,452<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">72<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=irsa_SiteDismantlingAndRemediationMember', window );">Site Dismantling And Remediation [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">140<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">114<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions', window );">Incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Recovery', window );">Recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="num">(48)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Used during the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Currency translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">61<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">26<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">163<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">140<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=irsa_OnerousContractsMember', window );">Onerous Contracts [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">220<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">296<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions', window );">Incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Recovery', window );">Recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(123)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(135)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Used during the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(174)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Currency translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">73<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">39<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">220<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=ifrs-full_MiscellaneousOtherProvisionsMember', window );">Other Provisions [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsLineItems', window );"><strong>Disclosure of other provisions [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">580<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">427<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalProvisionsOtherProvisions', window );">Additions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">131<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions', window );">Incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Recovery', window );">Recovery</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">48<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionUsedOtherProvisions', window );">Used during the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(68)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[5]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions', window );">Currency translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">330<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">90<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherProvisions', window );">As of end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">$ 958<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 580<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Additions and recoveries are included in "Other operating results, net".</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Corresponds to the equity interest in New Lipstick with negative equity. Additions and recoveries are included in "Share of profit / (loss) of associates and joint ventures".</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">The Group's companies are required to recognize certain costs related to the dismantling of assets and remediation of sites from the places where such assets are located. The calculation of such expenses is based on the dismantling value for the current year, taking into consideration the best estimate of future changes in prices, inflation, etc. and such costs are capitalized at a risk-free interest rate. Volume projections for retired or built assets are recast based on expected changes from technological rulings and requirements.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Provisions for other contractual obligations include a series of obligations resulting from a contractual liability or law, regarding which there is a high degree of uncertainty as to the terms and the necessary amounts to discharge such liability.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">In November 2009, PBC's Audit Committee and Board of Directors approved the agreement with Rock Real whereby the latter would look for and propose to PBC the acquisition of commercial properties outside Israel, in addition to assisting in the negotiations and management of such properties. In return, Rock Real would receive 12% of the net income generated by the acquired property. Pursuant to amendment 16 of the Israel Commercial Act 5759-1999, the agreement must be ratified by the Audit Committee before the third year after the effective date; otherwise, it expires. The agreement has not been ratified by the audit committee within such three-year term, so in January 2017 PBC issued a statement that hinted at the expiration of the agreement and informed that it would begin negotiations to reduce the debt that currently amounts to NIS 106 (equivalent to Ps. 836 of these Consolidated Financial Statements). The parties have appointed an arbitrator that should render a decision on the dispute. The remaining corresponds to provisions related to investment properties.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in other provisions resulting from acquisitions through business combinations. [Refer: Business combinations [member]; Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2018-01-01<br> -Paragraph 84<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=37&amp;date=2018-03-01&amp;anchor=para_84&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AcquisitionsThroughBusinessCombinationsOtherProvisions</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additional other provisions made. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2018-01-01<br> -Paragraph 84<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=37&amp;date=2018-03-01&amp;anchor=para_84_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOtherProvisionsLineItems</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in other provisions resulting from foreign currency exchange rate changes on provisions measured in a currency different from the entity's presentation currency. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2018-01-01<br> -Paragraph 84<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=37&amp;date=2018-03-01&amp;anchor=para_84&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provisions other than provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2018-01-01<br> -Paragraph 84<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=37&amp;date=2018-03-01&amp;anchor=para_84_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherProvisions</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProvisionUsedOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount used (ie incurrent and charged against the provision) for other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2018-01-01<br> -Paragraph 84<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=37&amp;date=2018-03-01&amp;anchor=para_84_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProvisionUsedOtherProvisions</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Deconsolidation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deconsolidation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Deconsolidation</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Recovery">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of recovery.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=irsa_InvestmentsInAssociatesAndJointVenturesMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=irsa_OnerousContractsMember</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6835808224">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Provisions (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProvisionsAbstract', window );"><strong>Provisions [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherLongtermProvisions', window );">Non-current</a></td>
<td class="nump">$ 3,549<span></span>
</td>
<td class="nump">$ 943<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherShorttermProvisions', window );">Current</a></td>
<td class="nump">1,053<span></span>
</td>
<td class="nump">890<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherProvisions1', window );">Total</a></td>
<td class="nump">$ 4,602<span></span>
</td>
<td class="nump">$ 1,833<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherLongtermProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions other than provisions for employee benefits. [Refer: Non-current provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherLongtermProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherShorttermProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provisions other than provisions for employee benefits. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherShorttermProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProvisionsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProvisionsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherProvisions1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of other provisions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherProvisions1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>121
<FILENAME>R114.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6877240736">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Borrowings (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2"><div>Jun. 30, 2018</div></th>
<th class="th" colspan="2"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Total non-current borrowings</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 181,046<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 109,489<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermBorrowings', window );">Total current borrowings</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">25,587<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">19,926<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">206,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">129,415<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 112,936<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_NonConvertibleNoteMember', window );">NCN [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">171,142<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">108,417<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_NonConvertibleNoteMember', window );">NCN [Member] | At Fair Value [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">183,338<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">110,164<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_BankLoansMember', window );">Bank Loans [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31,244<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,012<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_BankLoansMember', window );">Bank Loans [Member] | At Fair Value [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31,837<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,048<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_NonRecourseLoansMember', window );">Non-Recourse Loans [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,025<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_NonRecourseLoansMember', window );">Non-Recourse Loans [Member] | At Fair Value [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,930<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_OtherBorrowingsMember', window );">Other Borrowings [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">3,576<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,870<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_OtherBorrowingsMember', window );">Other Borrowings [Member] | At Fair Value [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4,761<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,828<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_BankOverdrafts1Member', window );">Bank Overdrafts [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">671<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">91<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_BankOverdrafts1Member', window );">Bank Overdrafts [Member] | At Fair Value [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 671<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 91<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Includes financial leases for Ps. 16 and Ps. 4 as of June 30, 2018 and 2017.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_NonConvertibleNoteMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_NonConvertibleNoteMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MeasurementAxis=ifrs-full_AtFairValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MeasurementAxis=ifrs-full_AtFairValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BankLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BankLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_NonRecourseLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_NonRecourseLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_OtherBorrowingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_OtherBorrowingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BankOverdrafts1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BankOverdrafts1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6871617872">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Borrowings (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2"><div>Jun. 30, 2018</div></th>
<th class="th" colspan="2"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapital', window );">Share capital</a></td>
<td class="nump">$ 204,802<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 128,115<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPayable', window );">Interest</a></td>
<td class="nump">1,815<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,296<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceLeaseReceivables', window );">Leases</a></td>
<td class="nump">16<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings</a></td>
<td class="nump">206,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">129,415<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 112,936<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less Than 1 year [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapital', window );">Share capital</a></td>
<td class="nump">23,865<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">18,672<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPayable', window );">Interest</a></td>
<td class="nump">1,714<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,253<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">Between 1 And 2 Years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapital', window );">Share capital</a></td>
<td class="nump">25,722<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,352<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPayable', window );">Interest</a></td>
<td class="nump">30<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">Between 2 and 3 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapital', window );">Share capital</a></td>
<td class="nump">22,728<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,998<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPayable', window );">Interest</a></td>
<td class="nump">33<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">Between 3 and 4 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapital', window );">Share capital</a></td>
<td class="nump">18,887<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11,918<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPayable', window );">Interest</a></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">19<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">Between 4 and 5 years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapital', window );">Share capital</a></td>
<td class="nump">47,546<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,737<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPayable', window );">Interest</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later Than Five Years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareCapital', window );">Share capital</a></td>
<td class="nump">66,054<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">57,438<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPayable', window );">Interest</a></td>
<td class="nump">$ 33<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceLeaseReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables related to finance leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceLeaseReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest recognised as a liability.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ShareCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The shares represent the share capital.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ShareCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>123
<FILENAME>R116.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6867626832">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Borrowings (Details 2)<br> &#8362; in Millions, $ in Millions, $ in Millions</strong></div></th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>UYU ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th" colspan="2">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>UYU ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th" colspan="2">
<div>Jun. 30, 2017 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2016 </div>
<div>ARS ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 117,607<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 55,044<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">89,010<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">74,367<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalBorrowingsAsPerAnalysis', window );">Total borrowings as per analysis</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">206,617<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">129,411<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceLeaseReceivables', window );">Finance leases obligations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">16<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">206,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">129,415<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 112,936<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=irsa_FloatingInterestRateNewIsraeliShekelMember', window );">Floating Interest Rate New Israeli Shekel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">72,805<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FixedInterestRateArgentinePesoMember', window );">Fixed Interest Rate Argentine Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,049<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">79<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FixedInterestRateNewIsraeliShekelMember', window );">Fixed Interest Rate New Israeli Shekel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">80,685<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">35,867<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FixedInterestRateUSDollarMember', window );">Fixed Interest Rate US Dollar [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">35,873<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">19,098<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FloatingInterestRateArgentinePesoMember', window );">Floating Interest Rate Argentine Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,154<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">540<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FloatingInterestRateNewIsraeliShekelMember', window );">Floating Interest Rate New Israeli Shekel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">86,214<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FloatingInterestRateUSDollarMember', window );">Floating Interest Rate US Dollar [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,642<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,022<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ARS', window );">Argentina, Pesos</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">24,277<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11,301<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,154<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">540<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalBorrowingsAsPerAnalysis', window );">Total borrowings as per analysis</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25,431<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11,841<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceLeaseReceivables', window );">Finance leases obligations</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">16<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25,447<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11,845<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ARS', window );">Argentina, Pesos | Fixed Interest Rate Argentine Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,049<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">79<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ARS', window );">Argentina, Pesos | Fixed Interest Rate New Israeli Shekel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ARS', window );">Argentina, Pesos | Fixed Interest Rate US Dollar [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">23,228<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11,222<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ARS', window );">Argentina, Pesos | Floating Interest Rate Argentine Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,154<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">540<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ARS', window );">Argentina, Pesos | Floating Interest Rate New Israeli Shekel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ARS', window );">Argentina, Pesos | Floating Interest Rate US Dollar [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_UYU', window );">UYU</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="nump">$ 372<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 135<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalBorrowingsAsPerAnalysis', window );">Total borrowings as per analysis</a></td>
<td class="nump">372<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">135<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceLeaseReceivables', window );">Finance leases obligations</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount</a></td>
<td class="nump">372<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">135<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_UYU', window );">UYU | Fixed Interest Rate Argentine Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_UYU', window );">UYU | Fixed Interest Rate New Israeli Shekel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_UYU', window );">UYU | Fixed Interest Rate US Dollar [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings</a></td>
<td class="nump">$ 372<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 135<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_UYU', window );">UYU | Floating Interest Rate Argentine Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_UYU', window );">UYU | Floating Interest Rate New Israeli Shekel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_UYU', window );">UYU | Floating Interest Rate US Dollar [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ILS', window );">ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 92,958<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 43,608<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">87,856<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">73,827<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalBorrowingsAsPerAnalysis', window );">Total borrowings as per analysis | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">180,814<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">117,435<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceLeaseReceivables', window );">Finance leases obligations | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings total amount | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">180,814<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">117,435<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ILS', window );">ILS | Fixed Interest Rate Argentine Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ILS', window );">ILS | Fixed Interest Rate New Israeli Shekel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">80,685<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">35,867<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ILS', window );">ILS | Fixed Interest Rate US Dollar [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFixedRateBorrowings', window );">Subtotal fixed-rate borrowings | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 12,273<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 7,741<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ILS', window );">ILS | Floating Interest Rate Argentine Peso [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ILS', window );">ILS | Floating Interest Rate New Israeli Shekel [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">86,214<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">72,805<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ILS', window );">ILS | Floating Interest Rate US Dollar [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems', window );"><strong>Disclosure of financial instruments by type of interest rate [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFloatingRateBorrowings', window );">Subtotal floating-rate borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,642<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,022<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="10"></td></tr>
<tr><td colspan="10"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceLeaseReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables related to finance leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceLeaseReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SubtotalFixedRateBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the subtotal fixed rate borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SubtotalFixedRateBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SubtotalFloatingRateBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the subtotal floating rate borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SubtotalFloatingRateBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalBorrowingsAsPerAnalysis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the total borrowings asper analysis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalBorrowingsAsPerAnalysis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=irsa_FloatingInterestRateNewIsraeliShekelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=irsa_FloatingInterestRateNewIsraeliShekelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FixedInterestRateArgentinePesoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=irsa_FixedInterestRateArgentinePesoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FixedInterestRateNewIsraeliShekelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=irsa_FixedInterestRateNewIsraeliShekelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FixedInterestRateUSDollarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=irsa_FixedInterestRateUSDollarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FloatingInterestRateArgentinePesoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=irsa_FloatingInterestRateArgentinePesoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FloatingInterestRateNewIsraeliShekelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=irsa_FloatingInterestRateNewIsraeliShekelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInterestRatesAxis=irsa_FloatingInterestRateUSDollarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInterestRatesAxis=irsa_FloatingInterestRateUSDollarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_ARS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_ARS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_UYU">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_UYU</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_ILS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_ILS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>124
<FILENAME>R117.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6870435232">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Borrowings (Details 3)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="4"></th>
</tr>
<tr>
<th class="th" colspan="2">
<div>Jun. 30, 2018 </div>
<div>USD ($)</div>
</th>
<th class="th" colspan="2">
<div>Jun. 30, 2018 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th" colspan="2">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember', window );">IRSA Inversionesy Representaciones Sociedad Anonima [Member] | Class VII [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2016-09<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 384,200,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Sep.  09,  2019<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">2.99%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2.99%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2.99%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">Badlar
+ 2.99%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember', window );">IRSA Inversionesy Representaciones Sociedad Anonima [Member] | Class VIII [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2016-09<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Sep.  09,  2019<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">7.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">7%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember', window );">IRSA Inversionesy Representaciones Sociedad Anonima [Member] | Class VIII [Member] | USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency | $</a></td>
<td class="nump">$ 184,500,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IRSAPropiedadesComercialesSAMember', window );">IRSA Propiedades Comerciales S.A. [Member] | Class IV [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-09<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Sep. 14,  2020<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">5.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">5%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IRSAPropiedadesComercialesSAMember', window );">IRSA Propiedades Comerciales S.A. [Member] | Class IV [Member] | USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency | $</a></td>
<td class="nump">$ 140,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IDBDevelopmentCorporationLtdMember', window );">IDB Development Corporation Ltd [Member] | SERIES N [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2016-08<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Dec. 29,  2022<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">5.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">5.3%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IDBDevelopmentCorporationLtdMember', window );">IDB Development Corporation Ltd [Member] | SERIES N [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 325,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IDBDevelopmentCorporationLtdMember', window );">IDB Development Corporation Ltd [Member] | SERIES M [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-02<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Nov. 28,  2019<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">5.40%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5.40%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5.40%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">5.40%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IDBDevelopmentCorporationLtdMember', window );">IDB Development Corporation Ltd [Member] | SERIES M [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 1,060,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IDBDevelopmentCorporationLtdMember', window );">IDB Development Corporation Ltd [Member] | SERIES N [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-07<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Dec. 30,  2022<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">5.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">5.3%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IDBDevelopmentCorporationLtdMember', window );">IDB Development Corporation Ltd [Member] | SERIES N [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 642,100,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IDBDevelopmentCorporationLtdMember', window );">IDB Development Corporation Ltd [Member] | SERIES N [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-11<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Dec. 30,  2022<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">5.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">5.3%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_IDBDevelopmentCorporationLtdMember', window );">IDB Development Corporation Ltd [Member] | SERIES N [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 357,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_DiscountInvestmentCorporationLtdMember', window );">Discount Investment Corporation Ltd. [Member] | SERIES F [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2016-08<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Dec. 31,  2025<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">4.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual
payments since 2017&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">4.95%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_DiscountInvestmentCorporationLtdMember', window );">Discount Investment Corporation Ltd. [Member] | SERIES F [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 360,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_DiscountInvestmentCorporationLtdMember', window );">Discount Investment Corporation Ltd. [Member] | SERIES F [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-04<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Dec. 31,  2025<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">4.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual
payments since 2017&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">4.95%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_DiscountInvestmentCorporationLtdMember', window );">Discount Investment Corporation Ltd. [Member] | SERIES F [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 444,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_DiscountInvestmentCorporationLtdMember', window );">Discount Investment Corporation Ltd. [Member] | SERIES J [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-12<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Dec. 30,  2026<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">4.80%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4.80%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4.80%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual
payments since 2021&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font-family: Times New Roman, Times, Serif">B&lt;font style="font-size: 10pt">iannual&lt;/font>&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">4.8%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_DiscountInvestmentCorporationLtdMember', window );">Discount Investment Corporation Ltd. [Member] | SERIES J [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 762,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_PropertyAndBuildingCorporationLtdMember', window );">Property And Building Corporation Ltd. [Member] | SERIES I [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2016-10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Jun. 29,  2029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">3.95%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_PropertyAndBuildingCorporationLtdMember', window );">Property And Building Corporation Ltd. [Member] | SERIES I [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 102,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_PropertyAndBuildingCorporationLtdMember', window );">Property And Building Corporation Ltd. [Member] | SERIES I [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-04<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Jun. 29,  2029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">3.95%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_PropertyAndBuildingCorporationLtdMember', window );">Property And Building Corporation Ltd. [Member] | SERIES I [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 431,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_PropertyAndBuildingCorporationLtdMember', window );">Property And Building Corporation Ltd. [Member] | SERIES I [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-10<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Jun. 29,  2029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">3.95%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_PropertyAndBuildingCorporationLtdMember', window );">Property And Building Corporation Ltd. [Member] | SERIES I [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 497,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_PropertyAndBuildingCorporationLtdMember', window );">Property And Building Corporation Ltd. [Member] | SERIES I [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-12<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Jun. 29,  2029<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">3.95%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">At
expiration&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Quarterly&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">3.95%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_PropertyAndBuildingCorporationLtdMember', window );">Property And Building Corporation Ltd. [Member] | SERIES I [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 496,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_GavYamMember', window );">Gav - Yam [Member] | SERIES F [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-04<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Mar. 31,  2026<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">4.75%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4.75%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4.75%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual
payments since 2021&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font-family: Times New Roman, Times, Serif">B&lt;font style="font-size: 10pt">iannual&lt;/font>&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">4.75%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_GavYamMember', window );">Gav - Yam [Member] | SERIES F [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 303,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_GavYamMember', window );">Gav - Yam [Member] | SERIES H [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2017-09<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Jun. 30,  2034<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">2.55%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2.55%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2.55%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual
payments since 2019&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font-family: Times New Roman, Times, Serif">B&lt;font style="font-size: 10pt">iannual&lt;/font>&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">2.55%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_GavYamMember', window );">Gav - Yam [Member] | SERIES H [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 424,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_CellcomIsraelLtdMember', window );">Cellcom Israel Ltd. [Member] | SERIES L [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2018-01<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Jan.  05,  2028<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">2.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual
payments since 2023&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">2.5%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_CellcomIsraelLtdMember', window );">Cellcom Israel Ltd. [Member] | SERIES L [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 401,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_ShufersalLtdMember', window );">Shufersal Ltd. [Member] | SERIES E [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2018-01<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Oct.  08,  2028<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">4.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font-family: Times New Roman, Times, Serif">Annual
payments since 2018&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">4.3%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_ShufersalLtdMember', window );">Shufersal Ltd. [Member] | SERIES E [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 544,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_ShufersalLtdMember', window );">Shufersal Ltd. [Member] | SERIES E [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IssuanceExpansionDate', window );">Issuance / expansion date</a></td>
<td class="text">2018-01<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsMaturityDate', window );">Maturity date</a></td>
<td class="text">Oct.  08,  2028<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Interest rate</a></td>
<td class="nump">4.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4.30%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsPaymentTerms', window );">Principal payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font-family: Times New Roman, Times, Serif">Annual
payments since 2018&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsInterestRateTerms', window );">Interest payment</a></td>
<td class="text">&lt;p style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&lt;font style="font: 10pt Times New Roman, Times, Serif">Annual&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRateBasis', window );">Description of interest rate</a></td>
<td class="text">&lt;p style="font: 13px Times New Roman, Times, Serif; color: #000000">&lt;font style="font: 10pt Times New Roman, Times, Serif">4.3%&lt;/font>&lt;/p><span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=irsa_ShufersalLtdMember', window );">Shufersal Ltd. [Member] | SERIES E [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Amount in original currency</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 544,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">IDBD has the right to make an early repayment, totally or partially. As a guarantee for the full compliance of all the commitments IDBD has pledged approximately 60.4 million shares of DIC under a single fixed charge of first line and in guarantee of by means of the lien, in an unlimited amount, in favor of the trustee for the holders of the debentures.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Corresponds a to an expansion of the series.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRateBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The basis (reference rate) used for calculation of the interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRateBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_BorrowingsInterestRateTerms">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_BorrowingsInterestRateTerms</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_BorrowingsMaturityDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Date when the borrowings is scheduled to be fully repaid, in CCYY-MM-DD format.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_BorrowingsMaturityDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_BorrowingsPaymentTerms">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of the payment terms of the borrowings (for example, whether periodic payments include principal and frequency of payments) and discussion about any contingencies associated with the payment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_BorrowingsPaymentTerms</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IssuanceExpansionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about issuance expansion date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IssuanceExpansionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearMonthItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=irsa_IRSAInversionesRepresentacionesSociedadAnonimaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsClassVIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsClassVIIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsClassVIIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsClassVIIIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=irsa_IRSAPropiedadesComercialesSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=irsa_IRSAPropiedadesComercialesSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsClassIVMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsClassIVMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=irsa_IDBDevelopmentCorporationLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=irsa_IDBDevelopmentCorporationLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESNMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESNMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_ILS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_ILS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESMMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESMMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESN1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESN1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESN2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESN2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=irsa_DiscountInvestmentCorporationLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=irsa_DiscountInvestmentCorporationLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESFMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESFMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESF1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESF1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESJMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESJMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=irsa_PropertyAndBuildingCorporationLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=irsa_PropertyAndBuildingCorporationLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESI1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESI1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESI2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESI2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESI3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESI3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=irsa_GavYamMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=irsa_GavYamMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESHMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESHMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=irsa_CellcomIsraelLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=irsa_CellcomIsraelLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESLMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESLMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=irsa_ShufersalLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=irsa_ShufersalLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESE1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESE1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>125
<FILENAME>R118.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6868962064">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Borrowings (Details 4) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Jun. 30, 2018</div></th>
<th class="th" colspan="2"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BorrowingsRollForward', window );"><strong>Evolution of borrowing [RollForward]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Balance at the beginning of the year</a></td>
<td class="nump">$ 129,415<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 112,936<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">Borrowings</a></td>
<td class="nump">17,853<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">26,596<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">$ 146,396<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Payment of borrowings</a></td>
<td class="num">(17,969)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(17,780)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(145,401)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfCurrentBorrowings', window );">Obtention / (payment) of short term loans, net</a></td>
<td class="nump">345<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(862)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPaidClassifiedAsFinancingActivities', window );">Interests paid</a></td>
<td class="num">(6,999)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,326)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,934)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation2', window );">Deconsolidation</a></td>
<td class="num">(21,310)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AccuredInterestClassifiedAsFinancingActivities', window );">Accrued interests</a></td>
<td class="nump">8,288<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,192<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAdvancesAndLoansFromRelatedParties', window );">Changes in fair value of third-party loans</a></td>
<td class="nump">114<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LoansReceivedFromAssociatesAndJointVenturesNet', window );">Loans received from associates and joint ventures, net</a></td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet', window );">Cumulative translation adjustment and exchange differences, net</a></td>
<td class="nump">96,892<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">7,659<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Balance at the end of the year</a></td>
<td class="nump">$ 206,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 129,415<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 112,936<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAdvancesAndLoansFromRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from advances and loans from related parties. [Refer: Related parties [member]; Advances received]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAdvancesAndLoansFromRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestPaidClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for interest paid, classified as financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestPaidClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from borrowings obtained. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_17_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_17_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfCurrentBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for repayments of current borrowings. [Refer: Current borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfCurrentBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AccuredInterestClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accured interest classified as financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AccuredInterestClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_BorrowingsRollForward">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_BorrowingsRollForward</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cumulative translation adjustment and exchange differences net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CumulativeTranslationAdjustmentAndExchangeDifferencesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Deconsolidation2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deconsolidation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Deconsolidation2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LoansReceivedFromAssociatesAndJointVenturesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of loans received from associates and joint ventures net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LoansReceivedFromAssociatesAndJointVenturesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6874825296">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Borrowings (Details Narrative)<br> &#8362; in Millions, $ in Millions</strong></div></th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Nov. 28, 2017 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th">
<div>Nov. 28, 2017 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Sep. 28, 2017 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th">
<div>Sep. 28, 2017 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ARS ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Borrowings1', window );">Total Borrowings from collateralized liabilities</a></td>
<td class="nump">$ 32,292<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 11,206<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESF1Member', window );">SERIES F [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LossOnSwapOfDebt', window );">Loss on swap of debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,228<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESF1Member', window );">SERIES F [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LossOnSwapOfDebt', window );">Loss on swap of debt | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 461<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESLMember', window );">SERIES L [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RedemptionOfNonConvertibleNote', window );">Redemption of non convertible note</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2,120<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESLMember', window );">SERIES L [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems', window );"><strong>Disclosure of detailed information about borrowings [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RedemptionOfNonConvertibleNote', window );">Redemption of non convertible note | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 424<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Borrowings1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Borrowings1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LossOnSwapOfDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of loss on swap of debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LossOnSwapOfDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RedemptionOfNonConvertibleNote">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of redemption of non convertible note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RedemptionOfNonConvertibleNote</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESF1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESF1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_ILS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_ILS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESLMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_BorrowingsSERIESLMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>127
<FILENAME>R120.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6758988960">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income tax (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxAbstract', window );"><strong>Income Tax</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxExpenseIncome', window );">Current income tax</a></td>
<td class="num">$ (425)<span></span>
</td>
<td class="num">$ (745)<span></span>
</td>
<td class="num">$ (567)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncome', window );">Deferred income tax</a></td>
<td class="nump">549<span></span>
</td>
<td class="num">(2,021)<span></span>
</td>
<td class="num">(5,784)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MinimumPresumedIncomeTaxMpit', window );">Minimum Presumed Income tax (MPIT)</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">26<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax from continuing operations</a></td>
<td class="nump">$ 124<span></span>
</td>
<td class="num">$ (2,766)<span></span>
</td>
<td class="num">$ (6,325)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 80<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_80_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense (income) relating to changes in deferred tax liabilities and deferred tax assets. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_g_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2018-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=26&amp;date=2018-03-01&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_MinimumPresumedIncomeTaxMpit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of minimum presumed income tax m pit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_MinimumPresumedIncomeTaxMpit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6874576736">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Income tax (Details 1)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jun. 30, 2018</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BM', window );">Bermudas</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory taxes rates</a></td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_AR', window );">ARGENTINA | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory taxes rates</a></td>
<td class="nump">35.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_AR', window );">ARGENTINA | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory taxes rates</a></td>
<td class="nump">25.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_UY', window );">URUGUAY | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory taxes rates</a></td>
<td class="nump">25.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_UY', window );">URUGUAY | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory taxes rates</a></td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">US | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory taxes rates</a></td>
<td class="nump">45.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_US', window );">US | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory taxes rates</a></td>
<td class="nump">0.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_IL', window );">ISRAEL | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory taxes rates</a></td>
<td class="nump">24.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_IL', window );">ISRAEL | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Statutory taxes rates</a></td>
<td class="nump">23.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ApplicableTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The applicable income tax rate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ApplicableTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BM">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BM</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_AR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_AR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_UY">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_UY</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_IL">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_IL</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>129
<FILENAME>R122.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6868920832">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Income tax (Details 2) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
<th class="th"><div>Jun. 30, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxAbstract', window );"><strong>Income Tax</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossFromContinuingOperations1', window );">Loss from continuing operations at tax rate applicable in the respective countries</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (3,571)<span></span>
</td>
<td class="num">$ (1,963)<span></span>
</td>
<td class="num">$ (5,622)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PermanentDifferencesAbstract', window );"><strong>Permanent differences:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1', window );">Share of profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(71)<span></span>
</td>
<td class="nump">130<span></span>
</td>
<td class="num">(226)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_UnrecognizedTaxLossCarryforwards', window );">Unrecognized tax loss carryforwards</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(1,557)<span></span>
</td>
<td class="num">(1,209)<span></span>
</td>
<td class="num">(169)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInFairValueMeasurementEntitysOwnEquityInstruments', window );">Changes in fair value of financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(346)<span></span>
</td>
<td class="nump">434<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInValueOfTimeValueOfOptions', window );">Change of tax rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">5,676<span></span>
</td>
<td class="nump">396<span></span>
</td>
<td class="num">(450)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForReconcileProfitLoss', window );">Non-taxable profit / (loss), non-deductible expenses and others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7)<span></span>
</td>
<td class="num">(554)<span></span>
</td>
<td class="nump">116<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxExpenseContinuingOperations1', window );">Income tax from continuing operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">124<span></span>
</td>
<td class="num">(2,766)<span></span>
</td>
<td class="num">(6,351)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_MinimumPresumedIncomeTaxMpit1', window );">MPIT</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 26<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Corresponds mainly to holding companies in the Operations Center in Israel</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">As of June 30, 2018 corresponds to the effect of applying the changes in the tax rates applicable in accordance with the tax reform explained above, being Ps. 405 the effect of the rate change in US and Ps. 5,271 the effect of the rate change in Argentina. As of June 30, 2017 and 2016 the rate change was in Israel.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForReconcileProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForReconcileProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInFairValueMeasurementEntitysOwnEquityInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the fair value measurement of the entity's own equity instruments. [Refer: At fair value [member]; Entity's own equity instruments [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2018-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=13&amp;date=2018-03-01&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInFairValueMeasurementEntitysOwnEquityInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInValueOfTimeValueOfOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to change in value of time value of options. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxChangeInValueOfTimeValueOfOptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxExpenseContinuingOperations1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of income tax expenses continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxExpenseContinuingOperations1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_MinimumPresumedIncomeTaxMpit1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of minimum presumed income tax mpit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_MinimumPresumedIncomeTaxMpit1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PermanentDifferencesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PermanentDifferencesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProfitLossFromContinuingOperations1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of profit loss from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProfitLossFromContinuingOperations1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_UnrecognizedTaxLossCarryforwards">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of unrecognized tax loss carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_UnrecognizedTaxLossCarryforwards</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>130
<FILENAME>R123.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6853612992">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Income tax (Details 3) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxAbstract', window );"><strong>Income Tax</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months', window );">Deferred income tax asset to be recovered after more than 12 months</a></td>
<td class="nump">$ 5,865<span></span>
</td>
<td class="nump">$ 5,577<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths', window );">Deferred income tax asset to be recovered within 12 months</a></td>
<td class="nump">1,093<span></span>
</td>
<td class="nump">159<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeferredTaxAssets1', window );">Deferred income tax assets</a></td>
<td class="nump">6,958<span></span>
</td>
<td class="nump">5,736<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months', window );">Deferred income tax liability to be recovered after more than 12 months</a></td>
<td class="num">(32,597)<span></span>
</td>
<td class="num">(19,027)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths', window );">Deferred income tax liability to be recovered within 12 months</a></td>
<td class="num">(178)<span></span>
</td>
<td class="num">(9,448)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeferredTaxLiabilities1', window );">Deferred income tax liability</a></td>
<td class="num">(32,775)<span></span>
</td>
<td class="num">(28,475)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred income tax assets (liabilities), net</a></td>
<td class="num">$ (25,817)<span></span>
</td>
<td class="num">$ (22,739)<span></span>
</td>
<td class="num">$ (19,099)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>refers to the amount of deferred income tax asset to be recovered after more than12 months.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeferredIncomeTaxAssetToBeRecoveredAfterMoreThan12Months</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>refers to the amount of deferred income tax asset to be recovered within twe months.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeferredIncomeTaxAssetToBeRecoveredWithinTweMonths</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of deferred income tax liability to be recovered after more than 12 months.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeferredIncomeTaxLiabilityToBeRecoveredAfterMoreThan12Months</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of deferred income tax liability to be recovered within twe months.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeferredIncomeTaxLiabilityToBeRecoveredWithinTweMonths</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeferredTaxAssets1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of deferred tax assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeferredTaxAssets1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeferredTaxLiabilities1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of deferred tax liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeferredTaxLiabilities1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>131
<FILENAME>R124.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6873279888">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Income tax (Details 4) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (22,739)<span></span>
</td>
<td class="num">$ (19,099)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(13)<span></span>
</td>
<td class="num">(18)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,132)<span></span>
</td>
<td class="num">(1,440)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">259<span></span>
</td>
<td class="num">(2,070)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">59<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(171)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,808<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(25,817)<span></span>
</td>
<td class="num">(22,739)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember', window );">Investment Properties And Property, Plant And Equipment [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(24,176)<span></span>
</td>
<td class="num">(20,772)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(14)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,640)<span></span>
</td>
<td class="num">(1,888)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(300)<span></span>
</td>
<td class="num">(1,575)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">59<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,445<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(28,685)<span></span>
</td>
<td class="num">(24,176)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradingPropertiesMember', window );">Trading Properties [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(99)<span></span>
</td>
<td class="num">(120)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(73)<span></span>
</td>
<td class="num">(24)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">20<span></span>
</td>
<td class="nump">45<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(152)<span></span>
</td>
<td class="num">(99)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(305)<span></span>
</td>
<td class="num">(142)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(7)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(81)<span></span>
</td>
<td class="num">(156)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(386)<span></span>
</td>
<td class="num">(305)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_Investments1Member', window );">Investments [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9)<span></span>
</td>
<td class="num">(10)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(16)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(24)<span></span>
</td>
<td class="num">(9)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_IntangibleAssetsMember', window );">Intangible Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,682)<span></span>
</td>
<td class="num">(2,860)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">126<span></span>
</td>
<td class="num">(312)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">433<span></span>
</td>
<td class="nump">490<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">781<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,342)<span></span>
</td>
<td class="num">(2,682)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_OthersMember', window );">Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,204)<span></span>
</td>
<td class="num">(944)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">36<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,341)<span></span>
</td>
<td class="num">(122)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">359<span></span>
</td>
<td class="num">(174)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,186)<span></span>
</td>
<td class="num">(1,204)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_Liabilities1Member', window );">Subtotal Liabilities [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(28,475)<span></span>
</td>
<td class="num">(24,848)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(14)<span></span>
</td>
<td class="nump">29<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,927)<span></span>
</td>
<td class="num">(2,345)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">415<span></span>
</td>
<td class="num">(1,370)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">59<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,226<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(32,775)<span></span>
</td>
<td class="num">(28,475)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,021<span></span>
</td>
<td class="nump">1,774<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">526<span></span>
</td>
<td class="nump">281<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(591)<span></span>
</td>
<td class="num">(34)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,956<span></span>
</td>
<td class="nump">2,021<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TaxLossCarryForwardsMember', window );">Tax Loss Carry-Forwards [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,955<span></span>
</td>
<td class="nump">3,251<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">746<span></span>
</td>
<td class="nump">488<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">703<span></span>
</td>
<td class="num">(613)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(171)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,405<span></span>
</td>
<td class="nump">2,955<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_OthersMember', window );">Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">760<span></span>
</td>
<td class="nump">724<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(47)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">523<span></span>
</td>
<td class="nump">136<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(268)<span></span>
</td>
<td class="num">(53)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(418)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">597<span></span>
</td>
<td class="nump">760<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_ClassesOfAssets1Member', window );">Subtotal Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract', window );"><strong>Changes in deferred tax liability (asset) [abstract]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at beginning of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,736<span></span>
</td>
<td class="nump">5,749<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationAndAssetsHeldForSale', window );">Business combination and Assets held for sale</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="num">(47)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment3', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,795<span></span>
</td>
<td class="nump">905<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChargedCreditedToStatementsOfIncome', window );">Charged / (Credited) to the statements of income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(156)<span></span>
</td>
<td class="num">(700)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReclassificationOpeningBalances', window );">Reclassification opening balances</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ChangesOfNoncontrollingInterest', window );">Changes of non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(171)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation3', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(418)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Assets (Liabilities), net at ending of period</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 6,958<span></span>
</td>
<td class="nump">$ 5,736<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Ps. 6 for business combination (Note 4) and Ps. 12 for reclassification to assets held for sale (Note 31).</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReconciliationOfChangesInDeferredTaxLiabilityAssetAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_BusinessCombinationAndAssetsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of business combination and assets held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_BusinessCombinationAndAssetsHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ChangesOfNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of changes of noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ChangesOfNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ChargedCreditedToStatementsOfIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of charged credited to statements of income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ChargedCreditedToStatementsOfIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CumulativeTranslationAdjustment3">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CumulativeTranslationAdjustment3</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Deconsolidation3">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deconsolidation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Deconsolidation3</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReclassificationOpeningBalances">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of reclassification opening balances.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReclassificationOpeningBalances</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_InvestmentPropertiesAndPropertyPlantAndEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradingPropertiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradingPropertiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_Investments1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_Investments1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_IntangibleAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_IntangibleAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_OthersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_OthersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_Liabilities1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_Liabilities1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_TaxLossCarryForwardsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_TaxLossCarryForwardsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_OthersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_OthersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_ClassesOfAssets1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_ClassesOfAssets1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>132
<FILENAME>R125.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
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</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852297216">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Income tax (Details 5)<br> $ in Millions</strong></div></th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxAbstract', window );"><strong>Income Tax</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLossCarryforwardsOne', window );">2019</a></td>
<td class="nump">$ 49<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLossCarryforwardsTwo', window );">2020</a></td>
<td class="nump">35<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLossCarryforwardsThree', window );">2021</a></td>
<td class="nump">33<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLossCarryforwardsFoure', window );">2022</a></td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLossCarryforwardsFive', window );">2023</a></td>
<td class="nump">2,875<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingLossCarryforwardsSix', window );">Do not expire</a></td>
<td class="nump">1,404<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OperatingIncomeTaxLossCarryforwards', window );">Total</a></td>
<td class="nump">$ 4,405<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingIncomeTaxLossCarryforwards">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of operating income tax loss carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingIncomeTaxLossCarryforwards</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingLossCarryforwardsFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of operating loss carryforwards five.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingLossCarryforwardsFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingLossCarryforwardsFoure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of operating loss carryforwards foure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingLossCarryforwardsFoure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingLossCarryforwardsOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of operating loss carryforwards one.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingLossCarryforwardsOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingLossCarryforwardsSix">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of operating loss carryforward six.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingLossCarryforwardsSix</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingLossCarryforwardsThree">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of operating loss carryforwards three.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingLossCarryforwardsThree</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OperatingLossCarryforwardsTwo">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of operating loss carryforwards two.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OperatingLossCarryforwardsTwo</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>133
<FILENAME>R126.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852249408">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Income tax (Details Narrative) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxAbstract', window );"><strong>Income Tax</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetDeferredTaxAssets', window );">Deferred income tax assets, not recognize</a></td>
<td class="nump">$ 132,442<span></span>
</td>
<td class="nump">$ 131,748<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetDeferredTaxLiabilities', window );">Deferred income tax liabilities, not recognize</a></td>
<td class="nump">$ 1,722<span></span>
</td>
<td class="nump">$ 1,792<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax assets net of deferred tax liabilities, when the absolute amount of deferred tax assets is greater than the absolute amount of deferred tax liabilities. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities net of deferred tax assets, when the absolute amount of deferred tax liabilities is greater than the absolute amount of deferred tax assets. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>134
<FILENAME>R127.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6873539456">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Leases (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems', window );"><strong>Disclosure of finance lease and operating lease by lessee [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease', window );">Operating Lease by lessee</a></td>
<td class="nump">$ 7,305<span></span>
</td>
<td class="nump">$ 12,719<span></span>
</td>
<td class="nump">$ 12,692<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less Than 1 year [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems', window );"><strong>Disclosure of finance lease and operating lease by lessee [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease', window );">Operating Lease by lessee</a></td>
<td class="nump">2,173<span></span>
</td>
<td class="nump">2,901<span></span>
</td>
<td class="nump">3,860<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember', window );">Later than one year and not later than five years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems', window );"><strong>Disclosure of finance lease and operating lease by lessee [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease', window );">Operating Lease by lessee</a></td>
<td class="nump">4,477<span></span>
</td>
<td class="nump">7,949<span></span>
</td>
<td class="nump">6,705<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later Than Five Years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems', window );"><strong>Disclosure of finance lease and operating lease by lessee [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease', window );">Operating Lease by lessee</a></td>
<td class="nump">$ 655<span></span>
</td>
<td class="nump">$ 1,869<span></span>
</td>
<td class="nump">$ 2,127<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinanceLeaseAndOperatingLeaseByLesseeLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of future minimum lease payments payable under non-cancellable operating leases. Minimum lease payments are payments over the lease term that the lessee is or can be required to make, excluding contingent rent, costs for services and taxes to be paid by, and reimbursed to, the lessor, together with: (a) for a lessee, any amounts guaranteed by the lessee or by a party related to the lessee; or (b) for a lessor, any residual value guaranteed to the lessor by: (i) the lessee; (ii) a party related to the lessee; or (iii) a third party unrelated to the lessor that is financially capable of discharging the obligations under the guarantee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2019-01-01<br> -Name IAS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 35<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=17&amp;date=2018-03-02&amp;anchor=para_35_a&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MinimumLeasePaymentsPayableUnderNoncancellableOperatingLease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>135
<FILENAME>R128.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6872322016">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Leases (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease', window );">Operating Lease by lessor</a></td>
<td class="nump">$ 35,474<span></span>
</td>
<td class="nump">$ 21,520<span></span>
</td>
<td class="nump">$ 20,745<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">Less Than 1 year [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease', window );">Operating Lease by lessor</a></td>
<td class="nump">4,813<span></span>
</td>
<td class="nump">4,437<span></span>
</td>
<td class="nump">3,137<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember', window );">Later than one year and not later than five years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease', window );">Operating Lease by lessor</a></td>
<td class="nump">22,371<span></span>
</td>
<td class="nump">12,451<span></span>
</td>
<td class="nump">13,361<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Later Than Five Years [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems', window );"><strong>Disclosure of disaggregation of revenue from contracts with customers [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease', window );">Operating Lease by lessor</a></td>
<td class="nump">$ 8,290<span></span>
</td>
<td class="nump">$ 4,632<span></span>
</td>
<td class="nump">$ 4,247<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of future minimum lease payments receivable under non-cancellable operating leases. Minimum lease payments are payments over the lease term that the lessee is or can be required to make, excluding contingent rent, costs for services and taxes to be paid by, and reimbursed to, the lessor, together with: (a) for a lessee, any amounts guaranteed by the lessee or by a party related to the lessee; or (b) for a lessor, any residual value guaranteed to the lessor by: (i) the lessee; (ii) a party related to the lessee; or (iii) a third party unrelated to the lessor that is financially capable of discharging the obligations under the guarantee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2019-01-01<br> -Name IAS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 56<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=17&amp;date=2018-03-02&amp;anchor=para_56_a&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MinimumLeasePaymentsReceivableUnderNoncancellableOperatingLease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6720860080">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Revenues (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueAbstract', window );"><strong>Revenue [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RevenueFromCommunicationsServices', window );">Income from communication services</a></td>
<td class="nump">$ 14,392<span></span>
</td>
<td class="nump">$ 11,958<span></span>
</td>
<td class="nump">$ 4,956<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RentalIncome', window );">Rental and services income</a></td>
<td class="nump">10,671<span></span>
</td>
<td class="nump">8,537<span></span>
</td>
<td class="nump">5,197<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RevenueFromSaleCommunicationEquipment', window );">Sale of communication equipment</a></td>
<td class="nump">4,955<span></span>
</td>
<td class="nump">4,006<span></span>
</td>
<td class="nump">1,844<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromConstructionContracts', window );">Sale of trading properties and developments</a></td>
<td class="nump">1,818<span></span>
</td>
<td class="nump">1,454<span></span>
</td>
<td class="nump">191<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromHotelOperations', window );">Revenue from hotel operations and tourism services</a></td>
<td class="nump">1,040<span></span>
</td>
<td class="nump">766<span></span>
</td>
<td class="nump">557<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherRevenue', window );">Other revenues</a></td>
<td class="nump">212<span></span>
</td>
<td class="nump">283<span></span>
</td>
<td class="nump">171<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Total Group's revenues</a></td>
<td class="nump">$ 33,088<span></span>
</td>
<td class="nump">$ 27,004<span></span>
</td>
<td class="nump">$ 12,916<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue arising from sources that the entity does not separately disclose in the same statement or note. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RentalIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income recognised from rental activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RentalIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in an increase in equity, other than those relating to contributions from equity participants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromConstructionContracts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue arising from construction contracts. Construction contracts are contracts specifically negotiated for the construction of an asset or a combination of assets that are closely interrelated or interdependent in terms of their design, technology and function or their ultimate purpose or use. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromConstructionContracts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromHotelOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue arising from hotel operations. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromHotelOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RevenueFromCommunicationsServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue arising from ommunications services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RevenueFromCommunicationsServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RevenueFromSaleCommunicationEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue arising sale of communication equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RevenueFromSaleCommunicationEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>137
<FILENAME>R130.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6854308576">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Expenses by nature (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SoldCostOfGoodsAndServices', window );">Cost of sale of goods and services</a></td>
<td class="nump">$ 5,219<span></span>
</td>
<td class="nump">$ 4,273<span></span>
</td>
<td class="nump">$ 1,557<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsExpense', window );">Salaries, social security costs and other personnel expenses</a></td>
<td class="nump">5,567<span></span>
</td>
<td class="nump">4,415<span></span>
</td>
<td class="nump">2,256<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation and amortization</a></td>
<td class="nump">3,737<span></span>
</td>
<td class="nump">3,377<span></span>
</td>
<td class="nump">1,532<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FeeAndCommissionExpense', window );">Fees and payments for services</a></td>
<td class="nump">2,755<span></span>
</td>
<td class="nump">2,423<span></span>
</td>
<td class="nump">1,139<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepairsAndMaintenanceExpense', window );">Maintenance, security, cleaning, repairs and others</a></td>
<td class="nump">1,931<span></span>
</td>
<td class="nump">1,533<span></span>
</td>
<td class="nump">726<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdvertisingAndOtherSellingExpense', window );">Advertising and other selling expenses</a></td>
<td class="nump">1,548<span></span>
</td>
<td class="nump">1,334<span></span>
</td>
<td class="nump">754<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TaxesRatesAndContributions', window );">Taxes, rates and contributions</a></td>
<td class="nump">605<span></span>
</td>
<td class="nump">423<span></span>
</td>
<td class="nump">387<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RenderingOfInterconnectionServices', window );">Interconnection and roaming expenses</a></td>
<td class="nump">2,066<span></span>
</td>
<td class="nump">1,711<span></span>
</td>
<td class="nump">157<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FeesToOtherOperators', window );">Fees to other operators</a></td>
<td class="nump">2,576<span></span>
</td>
<td class="nump">1,691<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DirectorsFees', window );">Director's fees</a></td>
<td class="nump">228<span></span>
</td>
<td class="nump">180<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyServiceChargeExpense', window );">Leases and service charges</a></td>
<td class="nump">190<span></span>
</td>
<td class="nump">105<span></span>
</td>
<td class="nump">52<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AllowanceForDoubtfulAccountsNet', window );">Allowance for doubtful accounts, net</a></td>
<td class="nump">269<span></span>
</td>
<td class="nump">204<span></span>
</td>
<td class="nump">70<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherExpenseByNature', window );">Other expenses</a></td>
<td class="nump">1,470<span></span>
</td>
<td class="nump">1,590<span></span>
</td>
<td class="nump">1,887<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNature', window );">Total</a></td>
<td class="nump">28,161<span></span>
</td>
<td class="nump">23,259<span></span>
</td>
<td class="nump">10,517<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeStatementLocationsAxis=irsa_CostOfSales1Member', window );">Costs [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SoldCostOfGoodsAndServices', window );">Cost of sale of goods and services</a></td>
<td class="nump">5,219<span></span>
</td>
<td class="nump">4,269<span></span>
</td>
<td class="nump">1,557<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsExpense', window );">Salaries, social security costs and other personnel expenses</a></td>
<td class="nump">2,455<span></span>
</td>
<td class="nump">2,008<span></span>
</td>
<td class="nump">1,202<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation and amortization</a></td>
<td class="nump">2,250<span></span>
</td>
<td class="nump">1,804<span></span>
</td>
<td class="nump">738<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FeeAndCommissionExpense', window );">Fees and payments for services</a></td>
<td class="nump">1,830<span></span>
</td>
<td class="nump">1,704<span></span>
</td>
<td class="nump">706<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepairsAndMaintenanceExpense', window );">Maintenance, security, cleaning, repairs and others</a></td>
<td class="nump">1,689<span></span>
</td>
<td class="nump">1,444<span></span>
</td>
<td class="nump">664<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdvertisingAndOtherSellingExpense', window );">Advertising and other selling expenses</a></td>
<td class="nump">270<span></span>
</td>
<td class="nump">284<span></span>
</td>
<td class="nump">282<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TaxesRatesAndContributions', window );">Taxes, rates and contributions</a></td>
<td class="nump">328<span></span>
</td>
<td class="nump">232<span></span>
</td>
<td class="nump">223<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RenderingOfInterconnectionServices', window );">Interconnection and roaming expenses</a></td>
<td class="nump">2,066<span></span>
</td>
<td class="nump">1,711<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FeesToOtherOperators', window );">Fees to other operators</a></td>
<td class="nump">2,576<span></span>
</td>
<td class="nump">1,691<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DirectorsFees', window );">Director's fees</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyServiceChargeExpense', window );">Leases and service charges</a></td>
<td class="nump">52<span></span>
</td>
<td class="nump">82<span></span>
</td>
<td class="nump">50<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AllowanceForDoubtfulAccountsNet', window );">Allowance for doubtful accounts, net</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherExpenseByNature', window );">Other expenses</a></td>
<td class="nump">894<span></span>
</td>
<td class="nump">804<span></span>
</td>
<td class="nump">1,614<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNature', window );">Total</a></td>
<td class="nump">19,629<span></span>
</td>
<td class="nump">16,033<span></span>
</td>
<td class="nump">7,036<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeStatementLocationsAxis=irsa_GeneralAndAdministrativeExpense1Member', window );">General And Administrative Expenses [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SoldCostOfGoodsAndServices', window );">Cost of sale of goods and services</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsExpense', window );">Salaries, social security costs and other personnel expenses</a></td>
<td class="nump">1,627<span></span>
</td>
<td class="nump">1,257<span></span>
</td>
<td class="nump">552<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation and amortization</a></td>
<td class="nump">575<span></span>
</td>
<td class="nump">520<span></span>
</td>
<td class="nump">256<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FeeAndCommissionExpense', window );">Fees and payments for services</a></td>
<td class="nump">859<span></span>
</td>
<td class="nump">671<span></span>
</td>
<td class="nump">396<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepairsAndMaintenanceExpense', window );">Maintenance, security, cleaning, repairs and others</a></td>
<td class="nump">146<span></span>
</td>
<td class="nump">86<span></span>
</td>
<td class="nump">59<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdvertisingAndOtherSellingExpense', window );">Advertising and other selling expenses</a></td>
<td class="nump">6<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TaxesRatesAndContributions', window );">Taxes, rates and contributions</a></td>
<td class="nump">81<span></span>
</td>
<td class="nump">23<span></span>
</td>
<td class="nump">14<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RenderingOfInterconnectionServices', window );">Interconnection and roaming expenses</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">157<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FeesToOtherOperators', window );">Fees to other operators</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DirectorsFees', window );">Director's fees</a></td>
<td class="nump">228<span></span>
</td>
<td class="nump">180<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyServiceChargeExpense', window );">Leases and service charges</a></td>
<td class="nump">5<span></span>
</td>
<td class="nump">18<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AllowanceForDoubtfulAccountsNet', window );">Allowance for doubtful accounts, net</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">62<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherExpenseByNature', window );">Other expenses</a></td>
<td class="nump">342<span></span>
</td>
<td class="nump">460<span></span>
</td>
<td class="nump">141<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNature', window );">Total</a></td>
<td class="nump">3,869<span></span>
</td>
<td class="nump">3,219<span></span>
</td>
<td class="nump">1,639<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeStatementLocationsAxis=irsa_SellingExpenseMember', window );">Selling Expenses [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems', window );"><strong>Disclosure of financial liabilities [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SoldCostOfGoodsAndServices', window );">Cost of sale of goods and services</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermEmployeeBenefitsExpense', window );">Salaries, social security costs and other personnel expenses</a></td>
<td class="nump">1,485<span></span>
</td>
<td class="nump">1,150<span></span>
</td>
<td class="nump">502<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationAndAmortisationExpense', window );">Depreciation and amortization</a></td>
<td class="nump">912<span></span>
</td>
<td class="nump">1,053<span></span>
</td>
<td class="nump">538<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FeeAndCommissionExpense', window );">Fees and payments for services</a></td>
<td class="nump">66<span></span>
</td>
<td class="nump">48<span></span>
</td>
<td class="nump">37<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepairsAndMaintenanceExpense', window );">Maintenance, security, cleaning, repairs and others</a></td>
<td class="nump">96<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AdvertisingAndOtherSellingExpense', window );">Advertising and other selling expenses</a></td>
<td class="nump">1,272<span></span>
</td>
<td class="nump">1,050<span></span>
</td>
<td class="nump">472<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TaxesRatesAndContributions', window );">Taxes, rates and contributions</a></td>
<td class="nump">196<span></span>
</td>
<td class="nump">168<span></span>
</td>
<td class="nump">150<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RenderingOfInterconnectionServices', window );">Interconnection and roaming expenses</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FeesToOtherOperators', window );">Fees to other operators</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DirectorsFees', window );">Director's fees</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyServiceChargeExpense', window );">Leases and service charges</a></td>
<td class="nump">133<span></span>
</td>
<td class="nump">5<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AllowanceForDoubtfulAccountsNet', window );">Allowance for doubtful accounts, net</a></td>
<td class="nump">269<span></span>
</td>
<td class="nump">204<span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherExpenseByNature', window );">Other expenses</a></td>
<td class="nump">234<span></span>
</td>
<td class="nump">326<span></span>
</td>
<td class="nump">132<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNature', window );">Total</a></td>
<td class="nump">$ 4,663<span></span>
</td>
<td class="nump">$ 4,007<span></span>
</td>
<td class="nump">$ 1,842<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationAndAmortisationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation and amortisation expense. Depreciation and amortisation are the systematic allocations of depreciable amounts of assets over their useful lives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B13<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B13_d&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 104<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_104&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationAndAmortisationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialLiabilitiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseByNature">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses aggregated according to their nature (for example, depreciation, purchases of materials, transport costs, employee benefits and advertising costs), and not reallocated among functions within the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseByNature</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FeeAndCommissionExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to fees and commissions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FeeAndCommissionExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherExpenseByNature">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses that the entity does not separately disclose in the same statement or note when the entity uses the 'nature of expense' form for its analysis of expenses. [Refer: Expenses, by nature]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherExpenseByNature</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyServiceChargeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from charges related to servicing of property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyServiceChargeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepairsAndMaintenanceExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses incurred for the day-to-day servicing of assets, which may include the cost of labour, consumables or small parts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepairsAndMaintenanceExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermEmployeeBenefitsExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense from employee benefits (other than termination benefits) that are expected to be settled wholly within twelve months after the end of the annual reporting period in which the employees render the related services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermEmployeeBenefitsExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AdvertisingAndOtherSellingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from advertising.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AdvertisingAndOtherSellingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AllowanceForDoubtfulAccountsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of allowance for doubtful accounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AllowanceForDoubtfulAccountsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DirectorsFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from director fees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DirectorsFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FeesToOtherOperators">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of arising from the Fees to other operators.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FeesToOtherOperators</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RenderingOfInterconnectionServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of arising from the rendering of interconnection services for other operators.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RenderingOfInterconnectionServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SoldCostOfGoodsAndServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cost of sale of goods and services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SoldCostOfGoodsAndServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TaxesRatesAndContributions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of taxes, rates and contributions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TaxesRatesAndContributions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeStatementLocationsAxis=irsa_CostOfSales1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeStatementLocationsAxis=irsa_CostOfSales1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeStatementLocationsAxis=irsa_GeneralAndAdministrativeExpense1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeStatementLocationsAxis=irsa_GeneralAndAdministrativeExpense1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeStatementLocationsAxis=irsa_SellingExpenseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeStatementLocationsAxis=irsa_SellingExpenseMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>138
<FILENAME>R131.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852495744">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Cost of goods sold and services provided (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CostOfGoodsSoldAndServicesProvidedAbstract', window );"><strong>Cost Of Goods Sold And Services Provided</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InventoriesTotal', window );">Inventories at the beginning of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 10,041<span></span>
</td>
<td class="nump">$ 8,216<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PurchasesAndExpenses', window );">Purchases and expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">69,910<span></span>
</td>
<td class="nump">54,426<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalizedFinanceCosts1', window );">Capitalized finance costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CumulativeTranslationAdjustment', window );">Cumulative translation adjustment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,874<span></span>
</td>
<td class="nump">2,687<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Transfers', window );">Transfers</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9<span></span>
</td>
<td class="nump">27<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Deconsolidation1', window );">Deconsolidation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,276)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsOnDisposalsOfInvestmentProperties', window );">Transfers to investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(353)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncorporatedByBusinessCombination', window );">Incorporated by business combination</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">380<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InventoriesTotal', window );">Inventories at the end of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">9,880<span></span>
</td>
<td class="nump">10,041<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceCosts1', window );">Total costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 69,716<span></span>
</td>
<td class="nump">$ 55,315<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Inventories includes trading properties and inventories.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsOnDisposalsOfInvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gain on disposals of investment properties. [Refer: Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsOnDisposalsOfInvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InventoriesTotal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets: (a) held for sale in the ordinary course of business; (b) in the process of production for such sale; or (c) in the form of materials or supplies to be consumed in the production process or in the rendering of services. Inventories encompass goods purchased and held for resale including, for example, merchandise purchased by a retailer and held for resale, or land and other property held for resale. Inventories also encompass finished goods produced, or work in progress being produced, by the entity and include materials and supplies awaiting use in the production process. [Refer: Current finished goods; Current merchandise; Current work in progress; Land]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InventoriesTotal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CapitalizedFinanceCosts1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refer to capitalized finance cost.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CapitalizedFinanceCosts1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CostOfGoodsSoldAndServicesProvidedAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CostOfGoodsSoldAndServicesProvidedAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CumulativeTranslationAdjustment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cumulative translation adjustment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CumulativeTranslationAdjustment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Deconsolidation1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deconsolidation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Deconsolidation1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinanceCosts1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs associated with financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinanceCosts1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncorporatedByBusinessCombination">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of incorporated by business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncorporatedByBusinessCombination</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PurchasesAndExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of purchases and expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PurchasesAndExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Transfers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of transfers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Transfers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>139
<FILENAME>R132.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6853151440">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Cost of goods sold and services provided (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CostOfGoodsSoldAndServicesProvidedAbstract', window );"><strong>Cost Of Goods Sold And Services Provided</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RealEstate', window );">Real estate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 9,275<span></span>
</td>
<td class="nump">$ 5,804<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Supermarkets', window );">Supermarkets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">3,873<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Telecommunications', window );">Telecommunications</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">592<span></span>
</td>
<td class="nump">320<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Others', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13<span></span>
</td>
<td class="nump">44<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InventoriesTotal', window );">Total inventories at the end of the year</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 9,880<span></span>
</td>
<td class="nump">$ 10,041<span></span>
</td>
<td class="nump">$ 8,216<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Inventories includes trading properties and inventories.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InventoriesTotal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets: (a) held for sale in the ordinary course of business; (b) in the process of production for such sale; or (c) in the form of materials or supplies to be consumed in the production process or in the rendering of services. Inventories encompass goods purchased and held for resale including, for example, merchandise purchased by a retailer and held for resale, or land and other property held for resale. Inventories also encompass finished goods produced, or work in progress being produced, by the entity and include materials and supplies awaiting use in the production process. [Refer: Current finished goods; Current merchandise; Current work in progress; Land]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InventoriesTotal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CostOfGoodsSoldAndServicesProvidedAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CostOfGoodsSoldAndServicesProvidedAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Others">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of others.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Others</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RealEstate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of real estate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RealEstate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Supermarkets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of supermarkets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Supermarkets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Telecommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of telecommunications.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Telecommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>140
<FILENAME>R133.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6878776464">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Other operating results, net (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th" colspan="2"><div>Jun. 30, 2017</div></th>
<th class="th" colspan="2"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingResultsNetAbstract', window );"><strong>Other Operating Results Net</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GainFromDisposalOfAssociate', window );">Gain from disposal of an associate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 311<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DonationExpenses', window );">Donations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(67)<span></span>
</td>
<td class="num">(123)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(58)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LawsuitsAndOtherContingencies', window );">Lawsuits and other contingencies</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">406<span></span>
</td>
<td class="num">(22)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CurrencyTranslationAdjustmentReversal', window );">Currency translation adjustment reversal</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">41<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">100<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingIncomeExpense1', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(68)<span></span>
</td>
<td class="num">(102)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(88)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingIncomeExpenseNet1', window );">Total other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 582<span></span>
</td>
<td class="num">$ (206)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">$ (32)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes the gain from the sale of the Groups' equity interest in Cloudyn for Ps. 252.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">As of June 30, 2018, includes the favorable ruling of a trial in the Operations Center in Israel for an amount of approximately Ps. 435. Includes legal costs and expenses Includes legal costs and expenses</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">As of June 30, 2017, it pertains to the reversal of the cumulative translation adjustment generated by IMadison, a subsidiary liquidated during that fiscal year. As of June 30, 2016, Ps. 143 correspond to the reversal of cumulative translation adjustment before the business combination with IDBD and Ps. 9 to the reversal of the reserve of the cumulative translation adjustment generated in Rigby following the dissolution of the company.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CurrencyTranslationAdjustmentReversal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of currency translation adjustment reversal.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CurrencyTranslationAdjustmentReversal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DonationExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to donations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DonationExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GainFromDisposalOfAssociate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of gain from disposal of associate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GainFromDisposalOfAssociate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LawsuitsAndOtherContingencies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to lawsuits and other contingencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LawsuitsAndOtherContingencies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherOperatingIncomeExpense1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of other operating income expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherOperatingIncomeExpense1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherOperatingIncomeExpenseNet1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherOperatingIncomeExpenseNet1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherOperatingResultsNetAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherOperatingResultsNetAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>141
<FILENAME>R134.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6854496896">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Financial results, net (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncomeAbstract', window );"><strong>Finance income:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromInterest', window );">Interest income</a></td>
<td class="nump">$ 740<span></span>
</td>
<td class="nump">$ 704<span></span>
</td>
<td class="nump">$ 619<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetForeignExchangeGain', window );">Foreign exchange gain</a></td>
<td class="nump">939<span></span>
</td>
<td class="nump">165<span></span>
</td>
<td class="nump">573<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncomeFromDividends', window );">Dividends income</a></td>
<td class="nump">82<span></span>
</td>
<td class="nump">68<span></span>
</td>
<td class="nump">72<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncome1', window );">Total finance income</a></td>
<td class="nump">1,761<span></span>
</td>
<td class="nump">937<span></span>
</td>
<td class="nump">1,264<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceCostsAbstract', window );"><strong>Finance costs:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpense', window );">Interest expenses</a></td>
<td class="num">(7,745)<span></span>
</td>
<td class="num">(6,092)<span></span>
</td>
<td class="num">(2,330)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LossOnDebtSwap', window );">Loss on debt swap (Note 19)</a></td>
<td class="num">(2,228)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetForeignExchangeLoss', window );">Foreign exchange loss</a></td>
<td class="num">(10,803)<span></span>
</td>
<td class="num">(1,240)<span></span>
</td>
<td class="num">(2,620)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherFinanceCost', window );">Other finance costs</a></td>
<td class="num">(356)<span></span>
</td>
<td class="num">(743)<span></span>
</td>
<td class="num">(621)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SubtotalFinanceCosts', window );">Subtotal finance costs</a></td>
<td class="num">(21,132)<span></span>
</td>
<td class="num">(8,075)<span></span>
</td>
<td class="num">(5,571)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CapitalizedFinanceCosts', window );">Capitalized finance costs</a></td>
<td class="nump">74<span></span>
</td>
<td class="nump">3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceCosts2', window );">Total finance costs</a></td>
<td class="num">(21,058)<span></span>
</td>
<td class="num">(8,072)<span></span>
</td>
<td class="num">(5,571)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherfinancialIncomeAbstract', window );"><strong>Other financial results:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet', window );">Fair value gain of financial assets and liabilities at fair value through profit or loss, net</a></td>
<td class="nump">426<span></span>
</td>
<td class="nump">2,928<span></span>
</td>
<td class="num">(1,445)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GainLossOnDerivativeFinancialInstrumentsNet', window );">Gain on derivative financial instruments, net</a></td>
<td class="nump">170<span></span>
</td>
<td class="nump">112<span></span>
</td>
<td class="nump">927<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherFinanceIncomeCost1', window );">Total other financial results</a></td>
<td class="nump">596<span></span>
</td>
<td class="nump">3,040<span></span>
</td>
<td class="num">(518)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncomeExpensesNet', window );">Total financial results, net</a></td>
<td class="num">$ (18,701)<span></span>
</td>
<td class="num">$ (4,095)<span></span>
</td>
<td class="num">$ (4,825)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B13<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B13_f&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetForeignExchangeGain">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net gain arising from foreign exchange differences. [Refer: Foreign exchange gain (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2018-01-01<br> -Paragraph 52<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=21&amp;date=2018-03-01&amp;anchor=para_52_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetForeignExchangeGain</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetForeignExchangeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net loss arising from foreign exchange differences. [Refer: Foreign exchange gain (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2018-01-01<br> -Paragraph 52<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=21&amp;date=2018-03-01&amp;anchor=para_52_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetForeignExchangeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherFinanceCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of finance costs that the entity does not separately disclose in the same statement or note. [Refer: Finance costs]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherFinanceCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income arising from interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B13<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B13_e&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CapitalizedFinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of capitalized finance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CapitalizedFinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to other financial results.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FairValueGainLossOfFinancialAssetsAndLiabilitiesAtFairValueThroughProfitOrLossNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinanceCosts2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs associated with financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinanceCosts2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinanceCostsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to finance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinanceCostsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinanceIncome1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of finance income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinanceIncome1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinanceIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to finance income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinanceIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinanceIncomeExpensesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to Total financial results, net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinanceIncomeExpensesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinanceIncomeFromDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent the finance income from the dividend.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinanceIncomeFromDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GainLossOnDerivativeFinancialInstrumentsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to Fair value gain / (loss) of financial assets and liabilities at fair value through profit or loss, net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GainLossOnDerivativeFinancialInstrumentsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LossOnDebtSwap">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of loss on debt swap.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LossOnDebtSwap</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherFinanceIncomeCost1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>refers to the amount of other finance income cost</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherFinanceIncomeCost1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherfinancialIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to other financial results.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherfinancialIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SubtotalFinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of subtotal finance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SubtotalFinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>142
<FILENAME>R135.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852430640">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per share (Details) - ARS ($)<br> $ / shares in Units, $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsPerShareAbstract', window );"><strong>Basic</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Profit for the year of continuing operations attributable to equity holders of the parent</a></td>
<td class="nump">$ 5,278<span></span>
</td>
<td class="nump">$ 1,383<span></span>
</td>
<td class="nump">$ 8,635<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Profit for the year of discontinued operations attributable to equity holders of the parent</a></td>
<td class="nump">9,725<span></span>
</td>
<td class="nump">1,647<span></span>
</td>
<td class="nump">338<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity', window );">Profit for the year attributable to equity holders of the parent</a></td>
<td class="nump">$ 15,003<span></span>
</td>
<td class="nump">$ 3,030<span></span>
</td>
<td class="nump">$ 8,973<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageShares', window );">Weighted average number of ordinary shares outstanding</a></td>
<td class="nump">575<span></span>
</td>
<td class="nump">575<span></span>
</td>
<td class="nump">575<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">Basic earnings per share</a></td>
<td class="nump">$ 26.09<span></span>
</td>
<td class="nump">$ 5.27<span></span>
</td>
<td class="nump">$ 16.58<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) attributable to ordinary equity holders of the parent equity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations attributable to ordinary equity holders of the parent equity. [Refer: Continuing operations [member]; Profit (loss) from continuing operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntity</td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from discontinued operations attributable to ordinary equity holders of the parent equity. [Refer: Profit (loss) from discontinued operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntity</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 70<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageShares</td>
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852430640">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Earnings per share (Details 1) - ARS ($)<br> $ / shares in Units, $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsPerShareAbstract', window );"><strong>Diluted</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
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<td class="nump">$ 5,278<span></span>
</td>
<td class="nump">$ 1,383<span></span>
</td>
<td class="nump">$ 8,635<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects', window );">Profit for the year of discontinued operations attributable to equity holders of the parent</a></td>
<td class="nump">9,725<span></span>
</td>
<td class="nump">1,647<span></span>
</td>
<td class="nump">338<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects', window );">Profit for the year per share attributable to equity holders of the parent</a></td>
<td class="nump">$ 15,003<span></span>
</td>
<td class="nump">$ 3,030<span></span>
</td>
<td class="nump">$ 8,973<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustedWeightedAverageShares', window );">Weighted average number of ordinary shares outstanding</a></td>
<td class="nump">579<span></span>
</td>
<td class="nump">579<span></span>
</td>
<td class="nump">579<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">Diluted earnings per share</a></td>
<td class="nump">$ 25.91<span></span>
</td>
<td class="nump">$ 5.23<span></span>
</td>
<td class="nump">$ 16.47<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The weighted average number of ordinary shares outstanding plus the weighted average number of ordinary shares that would be issued on the conversion of all the dilutive potential ordinary shares into ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 70<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustedWeightedAverageShares</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) attributable to ordinary equity holders of the parent equity, adjusted for the effects of all dilutive potential ordinary shares. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations attributable to ordinary equity holders of the parent equity, adjusted for the effects of all dilutive potential ordinary shares. [Refer: Profit (loss) from continuing operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from discontinued operations attributable to ordinary equity holders of the parent equity, adjusted for the effects of all dilutive potential ordinary shares. [Refer: Profit (loss) from discontinued operations]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 70<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_70_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromDiscontinuedOperationsAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects</td>
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<DOCUMENT>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
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<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6852601488">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Employee benefits (Details) - shares<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_EmployeeBenefitsAbstract', window );"><strong>Employee Benefits</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NumberOfSharesIncentivePlan', window );">At the beginning</a></td>
<td class="nump">3,507,947<span></span>
</td>
<td class="nump">3,619,599<span></span>
</td>
<td class="nump">4,439,507<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Additions', window );">Additions</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Disposals', window );">Disposals</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(10,169)<span></span>
</td>
<td class="num">(117,367)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Granted', window );">Granted</a></td>
<td class="num">(160,746)<span></span>
</td>
<td class="num">(101,483)<span></span>
</td>
<td class="num">(702,541)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NumberOfSharesIncentivePlan', window );">At the end</a></td>
<td class="nump">3,347,201<span></span>
</td>
<td class="nump">3,507,947<span></span>
</td>
<td class="nump">3,619,599<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Additions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The movements in the number of matching shares outstanding under the incentive plan additions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Additions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Disposals">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The movements in the number of matching shares outstanding under the incentive plan disposals.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Disposals</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_EmployeeBenefitsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_EmployeeBenefitsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Granted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The movements in the number of matching shares outstanding under the incentive plan granted.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Granted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NumberOfSharesIncentivePlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The begainning movements in the number of matching shares outstanding under the incentive plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NumberOfSharesIncentivePlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>145
<FILENAME>R138.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6871617488">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Employee benefits (Details 1)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($) </div>
<div>$ / shares</div>
</th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_CellcomIsraelLtdMember', window );">Cellcom Israel Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AmountOfOutstandingOptions', window );">Amount of outstanding options | $</a></td>
<td class="nump">$ 918,665<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AverageRemainingUsefulLife', window );">Average remaining useful life</a></td>
<td class="text">1 year 7 months 10 days<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=currency_ILS', window );">ILS | Cellcom Israel Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AveragePriceOfOutstandingOptions', window );">Average price of outstanding options</a></td>
<td class="nump">$ 28.3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=currency_ILS', window );">ILS | Minimum [Member] | Cellcom Israel Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ExercisePriceRangeOfOutstandingOptions', window );">Exercise price range of outstanding options</a></td>
<td class="nump">25.65<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=currency_ILS', window );">ILS | Maximum [Member] | Cellcom Israel Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ExercisePriceRangeOfOutstandingOptions', window );">Exercise price range of outstanding options</a></td>
<td class="nump">$ 51.48<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_DiscountInvestmentCorporationLtdMember', window );">Discount Investment Corporation Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AmountOfOutstandingOptions', window );">Amount of outstanding options | $</a></td>
<td class="nump">$ 4,745,090<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AverageRemainingUsefulLife', window );">Average remaining useful life</a></td>
<td class="text">4 years 9 months<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_DiscountInvestmentCorporationLtdMember', window );">Discount Investment Corporation Ltd. [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AveragePriceOfOutstandingOptions', window );">Average price of outstanding options</a></td>
<td class="nump">$ 6.46<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_DiscountInvestmentCorporationLtdMember', window );">Discount Investment Corporation Ltd. [Member] | ILS | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ExercisePriceRangeOfOutstandingOptions', window );">Exercise price range of outstanding options</a></td>
<td class="nump">2.92<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_DiscountInvestmentCorporationLtdMember', window );">Discount Investment Corporation Ltd. [Member] | ILS | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ExercisePriceRangeOfOutstandingOptions', window );">Exercise price range of outstanding options</a></td>
<td class="nump">$ 8<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AmountOfOutstandingOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding options.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AmountOfOutstandingOptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AveragePriceOfOutstandingOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For Entite average price of outstanding oprtion.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AveragePriceOfOutstandingOptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AverageRemainingUsefulLife">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For entite of average remaining useful life.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AverageRemainingUsefulLife</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ExercisePriceRangeOfOutstandingOptions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For Entite of exercise price range of outstanding options.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ExercisePriceRangeOfOutstandingOptions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_CellcomIsraelLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_CellcomIsraelLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=currency_ILS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=currency_ILS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_DiscountInvestmentCorporationLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_DiscountInvestmentCorporationLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>146
<FILENAME>R139.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6867942640">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Employee benefits (Details 2) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Total present value of defined benefits obligations (post-employment)</a></td>
<td class="nump">$ 687<span></span>
</td>
<td class="nump">$ 2,462<span></span>
</td>
<td class="nump">$ 1,642<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Fair value of plan assets</a></td>
<td class="num">(592)<span></span>
</td>
<td class="num">(1,703)<span></span>
</td>
<td class="num">(1,101)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RecognizedLiabilityForDefinedBenefitsObligations', window );">Recognized liability for defined benefits obligations</a></td>
<td class="nump">95<span></span>
</td>
<td class="nump">759<span></span>
</td>
<td class="nump">541<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LiabilityForOtherLongTermBenefits', window );">Liability for other long-term benefits</a></td>
<td class="nump">15<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="nump">148<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRecognizedLiabilities', window );">Total recognized liabilities</a></td>
<td class="nump">110<span></span>
</td>
<td class="nump">763<span></span>
</td>
<td class="nump">689<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AssetsDesignedForPaymentOfBenefitsForEmployees', window );">Assets designed for payment of benefits for employees</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(4)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Net position from employee benefits</a></td>
<td class="nump">110<span></span>
</td>
<td class="nump">763<span></span>
</td>
<td class="nump">685<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RetirementPlanFundingStatus1Axis=irsa_UnfundedPlan1Member', window );">Unfunded Plan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Total present value of defined benefits obligations (post-employment)</a></td>
<td class="nump">316<span></span>
</td>
<td class="nump">673<span></span>
</td>
<td class="nump">572<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_RetirementPlanFundingStatus1Axis=irsa_FundedPlan1Member', window );">Funded Plan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Total present value of defined benefits obligations (post-employment)</a></td>
<td class="nump">$ 371<span></span>
</td>
<td class="nump">$ 1,789<span></span>
</td>
<td class="nump">$ 1,070<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitObligationAtPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods. [Refer: Plan assets, at fair value]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2018-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=19&amp;date=2018-03-01&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitObligationAtPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2018-01-01<br> -Paragraph 140<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=19&amp;date=2018-03-01&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilityAssetOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PlanAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of defined benefit plan assets. Plan assets comprise assets held by a long-term employee benefit fund and qualifying insurance policies. [Refer: At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2018-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=19&amp;date=2018-03-01&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PlanAssetsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AssetsDesignedForPaymentOfBenefitsForEmployees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of assets designed for payment of benefits for employees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AssetsDesignedForPaymentOfBenefitsForEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LiabilityForOtherLongTermBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The present value liability for other long-term benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LiabilityForOtherLongTermBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RecognizedLiabilityForDefinedBenefitsObligations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The present value recognized liability for defined benefits obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RecognizedLiabilityForDefinedBenefitsObligations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalRecognizedLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The present value total recognized liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalRecognizedLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RetirementPlanFundingStatus1Axis=irsa_UnfundedPlan1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RetirementPlanFundingStatus1Axis=irsa_UnfundedPlan1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_RetirementPlanFundingStatus1Axis=irsa_FundedPlan1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_RetirementPlanFundingStatus1Axis=irsa_FundedPlan1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>147
<FILENAME>R140.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6870311216">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Related party transactions (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRelatedParties', window );">Total</a></td>
<td class="nump">$ 890<span></span>
</td>
<td class="nump">$ 1,575<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRelatedParties', window );">Total</a></td>
<td class="nump">748<span></span>
</td>
<td class="nump">1,434<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsMember', window );">Investments In Financial Assets [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRelatedParties', window );">Total</a></td>
<td class="nump">343<span></span>
</td>
<td class="nump">324<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRelatedParties', window );">Total</a></td>
<td class="num">(191)<span></span>
</td>
<td class="num">(172)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_Borrowings1Member', window );">Borrowings [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRelatedParties', window );">Total</a></td>
<td class="num">$ (10)<span></span>
</td>
<td class="num">$ (11)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_Borrowings1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=irsa_Borrowings1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>148
<FILENAME>R141.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6877980192">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>Related party transactions (Details 1) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2"><div>Jun. 30, 2018</div></th>
<th class="th" colspan="2"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loans granted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 206,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 129,415<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 112,936<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalOfAssociateAndJointVenture1', window );">Total associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">836<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">202<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalParentCompany', window );">Total parent company</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">109<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">188<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalOthers', window );">Total others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(55)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,185<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRelatedParties', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">890<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,575<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRelatedParties', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">748<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,434<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member] | Cresud [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeasesAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member] | IFISA [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loans granted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,283<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member] | RES LP [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReimbursementOfExpenses', window );">Reimbursement of expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendsReceivables', window );">Dividends receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member] | Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeasesAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Fees', window );">Fees</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsMember', window );">Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRelatedParties', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">343<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">324<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsMember', window );">Investments In Financial Assets [Member] | Cresud [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NonConvertibleNotes', window );">NCN</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">208<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">242<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRelatedParties', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(191)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(172)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member] | Cresud [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReimbursementOfExpenses', window );">Reimbursement of expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(16)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(36)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeasesAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ManagementFee', window );">Management fees</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(22)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareBasesCompensationPlan', window );">Share-based compensation plan</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LongTermIncentivePlan', window );">Long-term incentive plan</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CorporateServices', window );">Corporate services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(56)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(22)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member] | Taaman [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeasesAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(24)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member] | Willifood [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeasesAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(29)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member] | Directors [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Fees', window );">Fees</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(83)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(44)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember', window );">Trade And Other Payables [Member] | Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LegalServices', window );">Legal services</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(4)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ManibilMember', window );">Manibil S.A. [Member] | Trade And Other Receivables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Advances', window );">Contributions in advance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">72<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">84<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_NewLipstickLLCMember', window );">New Lipstick [Member] | Trade And Other Receivables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loans granted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">585<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReimbursementOfExpenses', window );">Reimbursement of expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_CondorHospitalityTrustIncMember', window );">Condor [Member] | Trade And Other Receivables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendsReceivables', window );">Dividends receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_CondorHospitalityTrustIncMember', window );">Condor [Member] | Investments In Financial Assets [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PublicCompaniesSecurities', window );">Public companies securities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">135<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">82<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_LaRuralSAMember', window );">La Rural S.A. [Member] | Trade And Other Receivables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendsReceivables', window );">Dividends receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeasesAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">29<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">29<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_LaRuralSAMember', window );">La Rural S.A. [Member] | Trade And Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReimbursementOfExpenses', window );">Reimbursement of expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_OtherAssociatesAndJointVenturesMember', window );">Other Associates And Joint Ventures [Member] | Borrowings [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loans granted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(10)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_OtherAssociatesAndJointVenturesMember', window );">Other Associates And Joint Ventures [Member] | Trade And Other Receivables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Loans granted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReimbursementOfExpenses', window );">Reimbursement of expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeasesAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ManagementFee', window );">Management fees</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareBasesCompensationPlan', window );">Share-based compensation plan</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LongTermIncentivePlan', window );">Long-term incentive plan</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_OtherAssociatesAndJointVenturesMember', window );">Other Associates And Joint Ventures [Member] | Trade And Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ReimbursementOfExpenses', window );">Reimbursement of expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeasesAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CommissionExpense', window );">Commissions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Advertising', window );">Advertising spaces</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">$ (1)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Includes CAMSA. Avenida compras and Avenida Inc., Estudio Zang, Bergel &amp; Vines, Austral Gold, Fundacion IRSA, Hamonet S.A., Museo de los Ninos.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Advances">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of payments received for goods or services to be provided in the future.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Advances</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Advertising">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of advertising expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Advertising</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CommissionExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of commission expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CommissionExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CorporateServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CorporateServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DividendsReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividend receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DividendsReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Fees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from fees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Fees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LeasesAndRightsOfUse">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables related to leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LeasesAndRightsOfUse</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LegalServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from legal services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LegalServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LongTermIncentivePlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A long-term incentive plan (LTIP) is a reward system designed to improve employees' long-term performance by providing rewards that may not be tied to the company's share price.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LongTermIncentivePlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ManagementFee">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of management fees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ManagementFee</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NonConvertibleNotes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Nonconvertible debentures&amp;amp;amp;amp;amp;amp;amp;#160;are unsecured bonds that cannot be converted to company equity or stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NonConvertibleNotes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PublicCompaniesSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;company&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;that has held an initial&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;public&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;offering and whose&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;sharesare traded on a&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;stock&amp;amp;amp;amp;amp;amp;#194;&amp;amp;amp;amp;amp;amp;#160;exchange or in the over-the-counter</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PublicCompaniesSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ReimbursementOfExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Repayment for expenses incurred on behalf of a client or customer, other than those reimbursements received by landlords from tenants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ReimbursementOfExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ShareBasesCompensationPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related t o share-based compensation plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ShareBasesCompensationPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalOfAssociateAndJointVenture1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total associates and joint venture.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalOfAssociateAndJointVenture1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalOthers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from total others.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalOthers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalParentCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to total parent company.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalParentCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_CresudSACIFyAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_CresudSACIFyAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_InversionesFinancierasdelSurSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_InversionesFinancierasdelSurSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_RESLPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_RESLPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_OthersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_OthersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=irsa_InvestmentsInFinancialAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=irsa_TradeAndOtherPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_TaamanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_TaamanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_WillifoodMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_WillifoodMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_DirectorsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_DirectorsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ManibilMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ManibilMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_NewLipstickLLCMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_NewLipstickLLCMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_CondorHospitalityTrustIncMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_CondorHospitalityTrustIncMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_LaRuralSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_LaRuralSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_OtherAssociatesAndJointVenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_OtherAssociatesAndJointVenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_Borrowings1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=irsa_Borrowings1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>149
<FILENAME>R142.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6869257152">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Related party transactions (Details 2) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_CresudMember', window );">Cresud [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeaseAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 5<span></span>
</td>
<td class="nump">$ 2<span></span>
</td>
<td class="nump">$ 7<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialOperations', window );">Financial operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">151<span></span>
</td>
<td class="nump">62<span></span>
</td>
<td class="nump">74<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CorporateServicesExpense', window );">Corporate services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(227)<span></span>
</td>
<td class="num">(177)<span></span>
</td>
<td class="num">(121)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_TotalParentCompanyMember', window );">Total Parent Company [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalParentCompany1', window );">Total parent company</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(71)<span></span>
</td>
<td class="num">(113)<span></span>
</td>
<td class="num">(40)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_InversionesFinancierasdelSurSAMember', window );">IFISA [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialOperations', window );">Financial operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">56<span></span>
</td>
<td class="num">(116)<span></span>
</td>
<td class="nump">31<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_DirectorsMember', window );">Directors [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FeesAndSalaries', window );">Fees and remunerations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(218)<span></span>
</td>
<td class="num">(113)<span></span>
</td>
<td class="num">(146)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_EstudioZangBergelAndVinesMember', window );">Estudio Zang Bergel And Vines [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FeesAndSalaries', window );">Fees and remunerations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(15)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_TaamanMember', window );">Taaman [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CorporateServicesExpense', window );">Corporate services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">157<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_FundacionIRSAMember', window );">Fundacion IRSA [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DonationsAndSubsidiesExpense', window );">Donations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(13)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_ExportacionesAgroindustrialesArgMember', window );">Exportaciones Agroindustriales Arg [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CorporateServicesExpense', window );">Corporate services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(21)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_BHNVidaSAMember', window );">BHN Vida S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeaseAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4<span></span>
</td>
<td class="nump">18<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_WillifoodMember', window );">Willifood [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CorporateServicesExpense', window );">Corporate services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">134<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_OthersMember', window );">Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeaseAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1<span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialOperations', window );">Financial operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">13<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CorporateServicesExpense', window );">Corporate services</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FeesAndSalaries', window );">Fees and remunerations</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">4<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DonationsAndSubsidiesExpense', window );">Donations</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(9)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LegalService', window );">Legal services</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="num">(5)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_TotalOthersMember', window );">Total Others [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalOthers1', window );">Total others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">107<span></span>
</td>
<td class="num">(220)<span></span>
</td>
<td class="num">(129)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_TotalMember', window );">Total [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalRelatedParties1', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">380<span></span>
</td>
<td class="nump">265<span></span>
</td>
<td class="nump">63<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_BancodeCrEditoySecuritizacionSAMember', window );">BACS [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeaseAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17<span></span>
</td>
<td class="nump">1<span></span>
</td>
<td class="nump">6<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialOperations', window );">Financial operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">39<span></span>
</td>
<td class="nump">21<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_AdamaMember', window );">Adama [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CorporateServicesExpense', window );">Corporate services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">293<span></span>
</td>
<td class="nump">16<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ManibilMember', window );">Manibil S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CorporateServicesExpense', window );">Corporate services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">38<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_CondorHospitalityTrustIncMember', window );">Condor [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialOperations', window );">Financial operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">119<span></span>
</td>
<td class="nump">235<span></span>
</td>
<td class="nump">122<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_LaRuralSAMember', window );">La Rural S.A. [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeaseAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialOperations', window );">Financial operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_TarshopSAMember', window );">Tarshop [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeaseAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16<span></span>
</td>
<td class="nump">14<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_ISPROMehadrinMember', window );">ISPRO - Mehadrin [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CorporateServicesExpense', window );">Corporate services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">117<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">57<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_OtherAssociatesAndJointVenturesMember', window );">Other Associates And Joint Ventures [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_LeaseAndRightsOfUse', window );">Leases and/or rights of use</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7<span></span>
</td>
<td class="nump">16<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialOperations', window );">Financial operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1<span></span>
</td>
<td class="num">(4)<span></span>
</td>
<td class="num">(8)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CorporateServicesExpense', window );">Corporate services</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FeesAndSalaries', window );">Fees and remunerations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ManagementFees', window );">Management fees</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="nump">4<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_TotalAssociatesAndJointVenturesMember', window );">Total Associates And Joint Ventures [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalOfAssociateAndJointVenture', window );">Total associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 344<span></span>
</td>
<td class="nump">$ 598<span></span>
</td>
<td class="nump">$ 232<span></span>
</td>
</tr>
<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">It includes Isaac Elsztain e Hijos, CAMSA. Hamonet S.A., Ramat Hanassi, Estudio Zang, Bergel &amp; Vines, and Fundacion IRSA.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DonationsAndSubsidiesExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from donations and subsidies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DonationsAndSubsidiesExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CorporateServicesExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the corporate services expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CorporateServicesExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FeesAndSalaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the fees and salaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FeesAndSalaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the financial operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LeaseAndRightsOfUse">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the lease and rights of use.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LeaseAndRightsOfUse</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_LegalService">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the legal service.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_LegalService</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ManagementFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the management fees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ManagementFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalOfAssociateAndJointVenture">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total associates and joint ventures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalOfAssociateAndJointVenture</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalOthers1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense arising from total others.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalOthers1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalParentCompany1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to total parent company.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalParentCompany1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalRelatedParties1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalRelatedParties1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_CresudMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_CresudMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_TotalParentCompanyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_TotalParentCompanyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6853476912">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Related party transactions (Details 3) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalDistribution', window );">Total distribution</a></td>
<td class="nump">$ 1,206<span></span>
</td>
<td class="nump">$ 250<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalSubsidiariesContributions', window );">Total subsidiaries contributions</a></td>
<td class="nump">156<span></span>
</td>
<td class="nump">160<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalOtherTransactions', window );">Total other transactions</a></td>
<td class="nump">2,124<span></span>
</td>
<td class="nump">160<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_LaRuralSAMember', window );">La Rural S.A. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="nump">34<span></span>
</td>
<td class="nump">9<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_CyrsaSAMember', window );">Cyrsa [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_BaicomMember', window );">Baicom [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">1<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_NuevoPuertoSantaFeSAMember', window );">NPSF [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="nump">9<span></span>
</td>
<td class="nump">12<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_ManamanMember', window );">Manaman [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="nump">25<span></span>
</td>
<td class="nump">36<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_ManibilMember', window );">Manibil S.A. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableContributionsRelatedParties', window );">Irrevocable contributions</a></td>
<td class="nump">45<span></span>
</td>
<td class="nump">38<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_RamatHanassiMember', window );">Ramat Hanassi [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="nump">20<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableContributionsRelatedParties', window );">Irrevocable contributions</a></td>
<td class="nump">9<span></span>
</td>
<td class="nump">102<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_PBELRealEstateLTDMember', window );">PBEL [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableContributionsRelatedParties', window );">Irrevocable contributions</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">8<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_EMCOMember', window );">EMCO [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="nump">91<span></span>
</td>
<td class="nump">101<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_AviarepsMember', window );">Aviareps [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">36<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_TourismAndRecreationHoldingsLtdMember', window );">Tourism &amp; Recreation Holdings Ltd [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="nump">25<span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_CondorHospitalityTrustIncMember', window );">Condor [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="nump">55<span></span>
</td>
<td class="nump">22<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_BancoHipotecarioSAMember', window );">Banco Hipotecario [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsReceived', window );">Dividends received</a></td>
<td class="nump">60<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_CresudMember', window );">Cresud [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendPaybles', window );">Dividends paid</a></td>
<td class="nump">882<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_HelmirMember', window );">Helmir [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DividendPaybles', window );">Dividends paid</a></td>
<td class="nump">5<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_PuertoRetiroSAMember', window );">Puerto Retiro [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableContributionsRelatedParties', window );">Irrevocable contributions</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_AvenidaIncMember', window );">Avenida Inc [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableContributionsRelatedParties', window );">Irrevocable contributions</a></td>
<td class="nump">7<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_PBSRomaniaMember', window );">PBS-Romania [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableContributionsRelatedParties', window );">Irrevocable contributions</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">7<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_SecdoAndSixGillMember', window );">Secdo / SixGill [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableContributionsRelatedParties', window );">Irrevocable contributions</a></td>
<td class="nump">34<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_SecuredTouchMember', window );">Secured Touch [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableContributionsRelatedParties', window );">Irrevocable contributions</a></td>
<td class="nump">5<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_OpenLegacyMember', window );">Open Legacy [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableContributionsRelatedParties', window );">Irrevocable contributions</a></td>
<td class="nump">17<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_QualityInvestSAMember', window );">Quality [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IrrevocableContributionsRelatedParties', window );">Irrevocable contributions</a></td>
<td class="nump">39<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_InversionesFinancierasdelSurSAMember', window );">IFISA [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_AcquisitionOfNoncontrollingInterest', window );">Acquisition of non-controlling interest</a></td>
<td class="nump">$ 1,968<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_a&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_AcquisitionOfNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The value represent of acquisition of non controlling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_AcquisitionOfNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DividendPaybles">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividend payble of related parties..</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DividendPaybles</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IrrevocableContributionsRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of irrevocable contributions related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IrrevocableContributionsRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalDistribution">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total disribution amount of related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalDistribution</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalOtherTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The value represent total other transactions of related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalOtherTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalSubsidiariesContributions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The value represents of total subsidiaries contribution.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalSubsidiariesContributions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_LaRuralSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_LaRuralSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_CyrsaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_CyrsaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_BaicomMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_BaicomMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_NuevoPuertoSantaFeSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_NuevoPuertoSantaFeSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_ManamanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_ManamanMember</td>
</tr>
<tr>
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<div>Jun. 30, 2018 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ILS (&#8362;)</div>
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<th class="th">
<div>Jun. 30, 2018 </div>
<div>EUR (&#8364;)</div>
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<div>Jun. 30, 2018 </div>
<div>GBP (&#163;)</div>
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<th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
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<th class="th">
<div>Jun. 30, 2017 </div>
<div>USD ($)</div>
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<th class="th">
<div>Jun. 30, 2017 </div>
<div>ILS (&#8362;)</div>
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<th class="th">
<div>Jun. 30, 2017 </div>
<div>EUR (&#8364;)</div>
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<th class="th">
<div>Jun. 30, 2017 </div>
<div>GBP (&#163;)</div>
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<th class="th">
<div>Jun. 30, 2017 </div>
<div>ARS ($)</div>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 107,047<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 70,725<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialLiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">224,923<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">153,462<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_AR', window );">ARGENTINA</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsTradeAndOtherReceivables', window );">Total trade and other receivables</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,847<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,599<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsRestrictedAssets', window );">Total restricted assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">41<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentsInFinancialAssets', window );">Total investments in financial assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,974<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,356<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DerivativeFinancialInstruments', window );">Total derivative financial instruments</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">32<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">36<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsCashAndCashEquivalents', window );">Total cash and cash equivalents</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">7,800<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,300<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">14,653<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">8,332<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialLiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialLiabilitiesTradeAndOtherPayables', window );">Total trade and other payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,120<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">995<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialLiabilitiesBorrowings', window );">Total borrowings</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25,029<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18,683<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">28,149<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">19,678<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_Borrowings1Member', window );">Borrowings [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialLiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">129,411<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherPayablesMember', window );">Trade and Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialLiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 18,101<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">23,879<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesMember', window );">Trade And Other Receivables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 22,550<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | USD | Borrowings [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialLiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentLiabilities', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">$ 868<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,123<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ExchangeForeignRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Derivative Financial Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 25,029<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 18,683<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | USD | Trade and Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialLiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentLiabilities', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">$ 104<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 57<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ExchangeForeignRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Derivative Financial Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 3,007<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 955<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Euros | Trade and Other Payables [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialLiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentLiabilities', window );">Amount | &#8364;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ExchangeForeignRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">33.729<span></span>
</td>
<td class="nump">33.729<span></span>
</td>
<td class="nump">33.729<span></span>
</td>
<td class="nump">33.729<span></span>
</td>
<td class="nump">33.729<span></span>
</td>
<td class="nump">19.003<span></span>
</td>
<td class="nump">19.003<span></span>
</td>
<td class="nump">19.003<span></span>
</td>
<td class="nump">19.003<span></span>
</td>
<td class="nump">19.003<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Derivative Financial Liabilities | &#8364;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 88<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 19<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Trade And Other Receivables [Member] | USD</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">$ 42<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 35<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 1,202<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 572<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Trade And Other Receivables [Member] | Euros</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount | &#8364;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 9<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">33.540<span></span>
</td>
<td class="nump">33.540<span></span>
</td>
<td class="nump">33.540<span></span>
</td>
<td class="nump">33.540<span></span>
</td>
<td class="nump">33.540<span></span>
</td>
<td class="nump">18.848<span></span>
</td>
<td class="nump">18.848<span></span>
</td>
<td class="nump">18.848<span></span>
</td>
<td class="nump">18.848<span></span>
</td>
<td class="nump">18.848<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets | &#8364;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 179<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 172<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Payables [member] | USD | Related Parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialLiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentLiabilities', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ExchangeForeignRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Derivative Financial Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 25<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 21<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Receivable [member] | USD | Related Parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">$ 51<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 52<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 1,466<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 855<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Restricted Assets [member] | USD</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 41<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Investments In Financial Assets [Member] | USD</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">$ 125<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 61<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 3,592<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,014<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Investments In Financial Assets [Member] | USD | Related Parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">$ 12<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 20<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 343<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 324<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Investments In Financial Assets [Member] | Pounds</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount | &#163;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#163; 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#163; 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">37.904<span></span>
</td>
<td class="nump">37.904<span></span>
</td>
<td class="nump">37.904<span></span>
</td>
<td class="nump">37.904<span></span>
</td>
<td class="nump">37.904<span></span>
</td>
<td class="nump">21.486<span></span>
</td>
<td class="nump">21.486<span></span>
</td>
<td class="nump">21.486<span></span>
</td>
<td class="nump">21.486<span></span>
</td>
<td class="nump">21.486<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets | &#163;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#163; 39<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#163; 18<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Derivative Financial Instruments [Member] | USD</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 32<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Derivative Financial Instruments [Member] | USD | Related Parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">28.850<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
<td class="nump">16.630<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 26<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Cash And Cash Equivalents [member] | USD</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="nump">$ 269<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 318<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">28.750<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
<td class="nump">16.530<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 7,734<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 5,250<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Cash And Cash Equivalents [member] | Euros</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount | &#8364;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 2<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 3<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">33.540<span></span>
</td>
<td class="nump">33.540<span></span>
</td>
<td class="nump">33.540<span></span>
</td>
<td class="nump">33.540<span></span>
</td>
<td class="nump">33.540<span></span>
</td>
<td class="nump">18.848<span></span>
</td>
<td class="nump">18.848<span></span>
</td>
<td class="nump">18.848<span></span>
</td>
<td class="nump">18.848<span></span>
</td>
<td class="nump">18.848<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets | &#8364;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 66<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 49<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember', window );">Derivative Financial Instruments [Member] | Cash And Cash Equivalents [member] | ILS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinancialAssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentAssets', window );">Amount | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1],[3]</sup></td>
<td class="nump">7.890<span></span>
</td>
<td class="nump">7.890<span></span>
</td>
<td class="nump">7.890<span></span>
</td>
<td class="nump">7.890<span></span>
</td>
<td class="nump">7.890<span></span>
</td>
<td class="nump">4.770<span></span>
</td>
<td class="nump">4.770<span></span>
</td>
<td class="nump">4.770<span></span>
</td>
<td class="nump">4.770<span></span>
</td>
<td class="nump">4.770<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialAssets', window );">Derivative Financial Assets | &#8362;</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="12"></td></tr>
<tr><td colspan="12"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Stated in millions of units in foreign currency. Considering foreign currencies those that differ from each Group's functional currency at each year-end.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Exchange rate as of June 30, of each year according to Banco Nacion Argentina records.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">The Group uses derivative instruments as complement in order to reduce its exposure to exchange rate movements (see Note 13).</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClosingForeignExchangeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td><strong> Balance Type:</strong></td>
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</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DerivativeFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets classified as derivative instruments. [Refer: Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DerivativeFinancialAssets</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities classified as derivative instruments. [Refer: Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DerivativeFinancialLiabilities</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose the entity&#8217;s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 35H<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_35H&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 35I<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_35I&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 35M<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_35M&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 35N<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_35N&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssets</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a hedging instrument, recognised as an asset. [Refer: Hedging instruments [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 24A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_24A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a hedging instrument, recognised as a liability. [Refer: Hedging instruments [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 24A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_24A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentLiabilities</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represents about the derivative financial instruments assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialAssetsAbstract</td>
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<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialAssetsCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets cash and cash equivalents.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialAssetsCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialAssetsRestrictedAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of restricted financial assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialAssetsRestrictedAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialAssetsTradeAndOtherReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets trade and other receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialAssetsTradeAndOtherReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialLiabilitiesBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent financial liabilities borrowing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialLiabilitiesBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinancialLiabilitiesTradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent financial liabilities trade and other payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinancialLiabilitiesTradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentsInFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investment in financial assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentsInFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_AR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_AR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_Borrowings1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_Borrowings1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=irsa_TradeAndOtherPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_TradeAndOtherReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialLiabilitiesAxis=irsa_DerivativeFinancialInstrumentsCategoryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_EUR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_EUR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradePayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_TradePayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_RelatedPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_RelatedPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_TradeReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_TradeReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_RestrictedAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_RestrictedAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_InvestmentsInFinancialAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_InvestmentsInFinancialAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_GBP">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_GBP</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_DerivativeFinancialInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_DerivativeFinancialInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=irsa_CashAndCashEquivalents1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=irsa_CashAndCashEquivalents1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_ILS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_ILS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>152
<FILENAME>R145.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6854409872">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Groups of assets and liabilities held for sale (Details) - ARS ($)<br> $ in Millions</strong></div></th>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GroupsOfAssetsAndLiabilitiesHeldForSaleAbstract', window );"><strong>Groups Of Assets And Liabilities Held For Sale</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PropertyPlantAndEquipment1', window );">Property, plant and equipment</a></td>
<td class="nump">$ 2,698<span></span>
</td>
<td class="nump">$ 1,712<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsOtherThanGoodwill', window );">Intangible assets</a></td>
<td class="nump">32<span></span>
</td>
<td class="nump">19<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInAssociates', window );">Investments in associates</a></td>
<td class="nump">47<span></span>
</td>
<td class="nump">33<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeferredTaxAssets2', window );">Deferred income tax assets</a></td>
<td class="nump">103<span></span>
</td>
<td class="nump">57<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_InvestmentProperties', window );">Investment properties</a></td>
<td class="nump">521<span></span>
</td>
<td class="nump">5<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_IncomeTaxCredits', window );">Income tax credits</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TradeAndOtherReceivables1', window );">Trade and other receivables</a></td>
<td class="nump">1,444<span></span>
</td>
<td class="nump">688<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_CashAndCashEquivalents1', window );">Cash and cash equivalents</a></td>
<td class="nump">347<span></span>
</td>
<td class="nump">157<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_TotalGroupOfAssetsHeldForSale', window );">Total group of assets held for sale</a></td>
<td class="nump">5,192<span></span>
</td>
<td class="nump">2,681<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade and other payables</a></td>
<td class="nump">1,957<span></span>
</td>
<td class="nump">930<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SalariesAndSocialSecurityLiabilities2', window );">Salaries and social security liabilities</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">148<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentProvisionsForEmployeeBenefits', window );">Employee benefits</a></td>
<td class="nump">150<span></span>
</td>
<td class="nump">52<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_DeferredTaxLiabilities2', window );">Deferred income tax liability</a></td>
<td class="nump">16<span></span>
</td>
<td class="nump">10<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Borrowings2', window );">Borrowings</a></td>
<td class="nump">1,120<span></span>
</td>
<td class="nump">715<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Liabilities1', window );">Total group of liabilities held for sale</a></td>
<td class="nump">3,243<span></span>
</td>
<td class="nump">1,855<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetAssetsLiabilities', window );">Total net assets held for sale</a></td>
<td class="nump">$ 1,949<span></span>
</td>
<td class="nump">$ 826<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of identifiable non-monetary assets without physical substance. This amount does not include goodwill. [Refer: Goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2018-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=38&amp;date=2018-03-01&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in associates in an entity's separate financial statements. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2018-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=27&amp;date=2018-03-01&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetAssetsLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets less the amount of liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph IG63<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_IG63&amp;doctype=Implementation%20Guidance<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetAssetsLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trade payables and other payables. [Refer: Trade payables; Other payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Borrowings2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Borrowings2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_CashAndCashEquivalents1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_CashAndCashEquivalents1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeferredTaxAssets2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeferredTaxAssets2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_DeferredTaxLiabilities2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes payable in future periods in respect of taxable temporary differences.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_DeferredTaxLiabilities2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GroupsOfAssetsAndLiabilitiesHeldForSaleAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GroupsOfAssetsAndLiabilitiesHeldForSaleAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_IncomeTaxCredits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of IncomeTaxCredits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_IncomeTaxCredits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_InvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent of investment properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_InvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Liabilities1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of present obligations of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Liabilities1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PropertyPlantAndEquipment1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of property plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PropertyPlantAndEquipment1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SalariesAndSocialSecurityLiabilities2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of salaries and social security liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SalariesAndSocialSecurityLiabilities2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TotalGroupOfAssetsHeldForSale">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of total group of assets held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TotalGroupOfAssetsHeldForSale</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_TradeAndOtherReceivables1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trade receivables and other receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_TradeAndOtherReceivables1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>153
<FILENAME>R146.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6873599776">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>Results from discontinued operations (Details) - ARS ($)<br> $ / shares in Units, $ in Millions</strong></div></th>
<th class="th" colspan="4">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2018</div></th>
<th class="th"><div>Jun. 30, 2017</div></th>
<th class="th"><div>Jun. 30, 2016</div></th>
<th class="th"><div>Jun. 30, 2015</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 19,629<span></span>
</td>
<td class="nump">$ 16,033<span></span>
</td>
<td class="nump">$ 7,036<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">22,605<span></span>
</td>
<td class="nump">4,340<span></span>
</td>
<td class="nump">17,536<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1', window );">Share of profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">71<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(130)<span></span>
</td>
<td class="nump">$ 226<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncome', window );">Finance income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,761<span></span>
</td>
<td class="nump">937<span></span>
</td>
<td class="nump">1,264<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceCosts', window );">Finance cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">21,058<span></span>
</td>
<td class="nump">8,072<span></span>
</td>
<td class="nump">5,571<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncomeExpensesNet', window );">Financial results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(18,701)<span></span>
</td>
<td class="num">(4,095)<span></span>
</td>
<td class="num">(4,825)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit before income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,692<span></span>
</td>
<td class="nump">3,893<span></span>
</td>
<td class="nump">15,586<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(124)<span></span>
</td>
<td class="nump">2,766<span></span>
</td>
<td class="nump">6,325<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Profit from discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,479<span></span>
</td>
<td class="nump">4,093<span></span>
</td>
<td class="nump">817<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeFromDiscontinuedOperationsAttributableToAbstract', window );"><strong>Profit for the year from discontinued operations attributable to:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Equity holders of the parent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,003<span></span>
</td>
<td class="nump">3,030<span></span>
</td>
<td class="nump">9,534<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 6,292<span></span>
</td>
<td class="nump">$ 2,190<span></span>
</td>
<td class="nump">$ 544<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitFromDiscontinuedOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract', window );"><strong>Profit per share from discontinued operations attributable to equity holders of the parent:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">Basic</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 26.09<span></span>
</td>
<td class="nump">$ 5.27<span></span>
</td>
<td class="nump">$ 16.58<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">Diluted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 25.91<span></span>
</td>
<td class="nump">$ 5.23<span></span>
</td>
<td class="nump">$ 16.47<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember', window );">Discontinued Operations [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems', window );"><strong>Disclosure of associates [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_Revenue1', window );">Revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 66,740<span></span>
</td>
<td class="nump">$ 51,578<span></span>
</td>
<td class="nump">$ 19,759<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(50,087)<span></span>
</td>
<td class="num">(39,282)<span></span>
</td>
<td class="num">(15,073)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GrossProfit1', window );">Gross profit</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,653<span></span>
</td>
<td class="nump">12,296<span></span>
</td>
<td class="nump">4,686<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties', window );">Net gain from fair value adjustment of investment properties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">164<span></span>
</td>
<td class="nump">113<span></span>
</td>
<td class="nump">23<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_GeneralAndAdministrativeExpense1', window );">General and administrative expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,162)<span></span>
</td>
<td class="num">(857)<span></span>
</td>
<td class="num">(294)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_SellingExpense1', window );">Selling expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(13,042)<span></span>
</td>
<td class="num">(9,655)<span></span>
</td>
<td class="num">(3,955)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherOperatingExpenseByNature', window );">Other operating results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">10,838<span></span>
</td>
<td class="nump">3,888<span></span>
</td>
<td class="num">(6)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossFromOperatingActivities1', window );">Profit from operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,451<span></span>
</td>
<td class="nump">5,785<span></span>
</td>
<td class="nump">454<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1', window );">Share of profit of associates and joint ventures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">54<span></span>
</td>
<td class="nump">373<span></span>
</td>
<td class="nump">344<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitLossBeforeFinancialResultsAndIncomeTax', window );">Profit before financial results and income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,505<span></span>
</td>
<td class="nump">6,158<span></span>
</td>
<td class="nump">798<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncome', window );">Finance income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">94<span></span>
</td>
<td class="nump">148<span></span>
</td>
<td class="nump">408<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceCosts', window );">Finance cost</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(675)<span></span>
</td>
<td class="num">(1,962)<span></span>
</td>
<td class="num">(367)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_OtherFinancialResults', window );">Other financial results</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(75)<span></span>
</td>
<td class="num">(111)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_FinanceIncomeExpensesNet', window );">Financial results, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(656)<span></span>
</td>
<td class="num">(1,925)<span></span>
</td>
<td class="nump">41<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Profit before income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,849<span></span>
</td>
<td class="nump">4,233<span></span>
</td>
<td class="nump">839<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(370)<span></span>
</td>
<td class="num">(140)<span></span>
</td>
<td class="num">(22)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromDiscontinuedOperations', window );">Profit from discontinued operations</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">12,479<span></span>
</td>
<td class="nump">4,093<span></span>
</td>
<td class="nump">817<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ComprehensiveIncomeFromDiscontinuedOperationsAttributableToAbstract', window );"><strong>Profit for the year from discontinued operations attributable to:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Equity holders of the parent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,725<span></span>
</td>
<td class="nump">1,647<span></span>
</td>
<td class="nump">338<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests', window );">Non-controlling interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 2,754<span></span>
</td>
<td class="nump">$ 2,446<span></span>
</td>
<td class="nump">$ 479<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ProfitFromDiscontinuedOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract', window );"><strong>Profit per share from discontinued operations attributable to equity holders of the parent:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">Basic</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 16.91<span></span>
</td>
<td class="nump">$ 2.86<span></span>
</td>
<td class="nump">$ 0.59<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">Diluted</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 16.80<span></span>
</td>
<td class="nump">$ 2.84<span></span>
</td>
<td class="nump">$ 0.58<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes the result of the loss of control of Shufersal (see note 4.G) as of June 30, 2018 and the sale of Adama, which generated a profit of Ps. 4,216 in the year ended June 30, 2017.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">As of June 30, 2018, 2017 and 2016, Ps. 60,470, Ps. 47,168 and Ps 18,607 of the total revenues from discontinued operations and Ps 12,377, Ps. 1,075 and Ps. 373 of the total profit from discontinued operations corresponds to Shufersal.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs relating to expenses directly or indirectly attributed to the goods or services sold, which may include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, unallocated production overheads and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2018-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=33&amp;date=2018-03-01&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs associated with financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2018-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=26&amp;date=2018-03-01&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph 12<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_12_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81B_a_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from discontinued operations. [Refer: Discontinued operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2018-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=5&amp;date=2018-03-01&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B12_b_vii&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 82<br> -Subparagraph ea<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_82_ea&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 98<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_98_e&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ComprehensiveIncomeFromDiscontinuedOperationsAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ComprehensiveIncomeFromDiscontinuedOperationsAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_FinanceIncomeExpensesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents information related to Total financial results, net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_FinanceIncomeExpensesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GeneralAndAdministrativeExpense1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GeneralAndAdministrativeExpense1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_GrossProfit1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_GrossProfit1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of net gain from fair value adjustments of investment properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_NetGainFromFairValueAdjustmentsOfInvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherFinancialResults">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Refers to the amount of other financial results.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherFinancialResults</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_OtherOperatingExpenseByNature">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses that the entity does not separately disclose in the same statement or note when the entity uses the 'nature of expense' form for its analysis of expenses. [Refer: Expenses, by nature]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_OtherOperatingExpenseByNature</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProfitFromDiscontinuedOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProfitFromDiscontinuedOperationsPerShareAttributableToEquityHoldersOfTheParentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProfitLossBeforeFinancialResultsAndIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit loss before financial results and income tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProfitLossBeforeFinancialResultsAndIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ProfitLossFromOperatingActivities1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from operating activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ProfitLossFromOperatingActivities1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_Revenue1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in an increase in equity, other than those relating to contributions from equity participants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_Revenue1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_SellingExpense1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to selling activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_SellingExpense1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContinuingAndDiscontinuedOperationsAxis=ifrs-full_DiscontinuedOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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<span style="display: none;">v3.10.0.1</span><table class="report" border="0" cellspacing="2" id="idp6870979296">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Subsequent events (Details Narrative)<br> &#8362; in Millions, $ in Millions, $ in Millions</strong></div></th>
<th class="th" colspan="3"></th>
<th class="th" colspan="2"></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="2"></th>
<th class="th" colspan="3"></th>
<th class="th" colspan="3"></th>
</tr>
<tr>
<th class="th">
<div>Aug. 30, 2018 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Aug. 30, 2018 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th">
<div>Aug. 30, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Aug. 14, 2018 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th">
<div>Aug. 14, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Aug. 31, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2016 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Oct. 29, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Aug. 28, 2018 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th">
<div>Aug. 28, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2018 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th" colspan="2">
<div>Jun. 30, 2018 </div>
<div>ARS ($)</div>
</th>
<th class="th">
<div>Jun. 30, 2017 </div>
<div>ILS (&#8362;)</div>
</th>
<th class="th" colspan="2">
<div>Jun. 30, 2017 </div>
<div>ARS ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 21,295<span></span>
</td>
<td class="nump">$ 5,220<span></span>
</td>
<td class="nump">$ 10,078<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 112,936<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 206,633<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 129,415<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=irsa_ShareholderMember', window );">IRSA Shareholders' [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">(Loss) / Profit for the year</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 4,983<span></span>
</td>
<td class="nump">$ 16,538<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendPayables', window );">Dividend payable</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,412<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_ILS', window );">ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 180,814<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8362; 117,435<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=irsa_NonConvertibleNoteMember', window );">NCN [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 171,142<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 108,417<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member', window );">Non-Adjusting Events After Reporting Period [Member] | Clal Holdings Insurance Enterprises Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ConsiderationTransfer', window );">Consideration transaction amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,766<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage', window );">Percentage of equity interest swap transactions</a></td>
<td class="nump">5.00%<span></span>
</td>
<td class="nump">5.00%<span></span>
</td>
<td class="nump">5.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage', window );">Reduction in interest of capital stock</a></td>
<td class="nump">29.80%<span></span>
</td>
<td class="nump">29.80%<span></span>
</td>
<td class="nump">29.80%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member', window );">Non-Adjusting Events After Reporting Period [Member] | IDB Tourism (2009) Ltd [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ConsiderationTransfer', window );">Consideration transaction amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 285<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ClosingTransactionDate', window );">Closing transaction date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Nov. 30,  2018<span></span>
</td>
<td class="text">Nov. 30,  2018<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PercentageOfSaleOfShareCapital', window );">Percentage of sale of share capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member', window );">Non-Adjusting Events After Reporting Period [Member] | ILS | Clal Holdings Insurance Enterprises Ltd. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ConsiderationTransfer', window );">Consideration transaction amount | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 173<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member', window );">Non-Adjusting Events After Reporting Period [Member] | NCN [Member] | USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Borrowings</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member', window );">Non-Adjusting Events After Reporting Period [Member] | IDB Development Corporation Ltd [Member] | SERIES M [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PartialPrepayment', window );">Partial prepayment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 1,491<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PercentageOfPartialPrepayment', window );">Percentage of partial prepayment</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">14.02%<span></span>
</td>
<td class="nump">14.02%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member', window );">Non-Adjusting Events After Reporting Period [Member] | IDB Development Corporation Ltd [Member] | SERIES M [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_PartialPrepayment', window );">Partial prepayment | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 146<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member', window );">Non-Adjusting Events After Reporting Period [Member] | IDB Tourism (2009) Ltd [Member] | ILS</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ConsiderationTransfer', window );">Consideration transaction amount | &#8362;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8362; 26<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member', window );">Non-Adjusting Events After Reporting Period [Member] | IDB Group Investment Inc. [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ConsiderationTransfer', window );">Consideration transaction amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 673<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member', window );">Non-Adjusting Events After Reporting Period [Member] | IDB Group Investment Inc. [Member] | USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_irsa_ConsiderationTransfer', window );">Consideration transaction amount</a></td>
<td class="nump">$ 18<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="19"></td></tr>
<tr><td colspan="19"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Includes Ps. 180,814 and Ps. 119,103 as of June 30, 2018 and 2017, respectively, corresponding to the Operations Center in Israel.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
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<tr>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems</td>
</tr>
<tr>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends that the company has declared but not yet paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2018-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=7&amp;date=2018-03-01&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2018-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=4&amp;date=2018-03-02&amp;anchor=para_39L_e&amp;doctype=Standard&amp;book=b<br> -URIDate 2018-03-16<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2018-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=8&amp;date=2018-03-01&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2018-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=12&amp;date=2018-03-01&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;seq=2<br> -URIDate 2018-03-16<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2018-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&amp;num=17&amp;date=2018-03-01&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2018-03-16<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2018-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&amp;num=1&amp;date=2018-03-01&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2018-03-16<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the business combination step acquisition equity interest in acquiree swap percentage.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_BusinessCombinationStepAcquisitionEquityInterestInAcquireeSwapPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The information represent the business combination steps acquisition equity interest in acquiree percentage.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_BusinessCombinationStepsAcquisitionEquityInterestInAcquireePercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ClosingTransactionDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about closing transaction date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ClosingTransactionDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_ConsiderationTransfer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of consideration transfer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_ConsiderationTransfer</td>
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<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of partial prepayment of debentures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PartialPrepayment</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<td>xbrli:monetaryItemType</td>
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<td>credit</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_irsa_PercentageOfPartialPrepayment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of partial prepayment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PercentageOfPartialPrepayment</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>irsa_</td>
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<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of sale of share capital of the company.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">irsa_PercentageOfSaleOfShareCapital</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_ILS</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=irsa_NonConvertibleNoteMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=irsa_NonConvertibleNoteMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=irsa_NonadjustingEvents1Member</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=irsa_ClalHoldingsInsuranceEnterprisesLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=irsa_ClalHoldingsInsuranceEnterprisesLtdMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_IDBTourism2009LtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=irsa_IDBTourism2009LtdMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_IDBDevelopmentCorporationLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=irsa_IDBDevelopmentCorporationLtdMember</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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#

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
